American Total Stockholder Equity from 2010 to 2024
| AMK Stock | CAD 0.17 0.01 5.56% |
Total Stockholder Equity | First Reported 2006-03-31 | Previous Quarter 6.9 M | Current Value 6.7 M | Quarterly Volatility 6.2 M |
Check American Creek financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among American Creek's main balance sheet or income statement drivers, such as Depreciation And Amortization of 37.1 K, Selling General Administrative of 222.2 K or Selling And Marketing Expenses of 34.7 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 4.6. American financial statements analysis is a perfect complement when working with American Creek Valuation or Volatility modules.
American | Total Stockholder Equity |
Pair Trading with American Creek
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if American Creek position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in American Creek will appreciate offsetting losses from the drop in the long position's value.Moving against American Stock
| 0.63 | BCE-PT | Bce Inc Pref | PairCorr |
| 0.6 | SLF-PH | Sun Lif Non | PairCorr |
| 0.51 | FDY | Faraday Copper Corp | PairCorr |
| 0.43 | FEC | Frontera Energy Corp | PairCorr |
| 0.4 | TC | Tucows Inc | PairCorr |
The ability to find closely correlated positions to American Creek could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Creek when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back American Creek - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling American Creek Resources to buy it.
The correlation of American Creek is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as American Creek moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Creek Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for American Creek can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for American Stock Analysis
When running American Creek's price analysis, check to measure American Creek's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy American Creek is operating at the current time. Most of American Creek's value examination focuses on studying past and present price action to predict the probability of American Creek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Creek's price. Additionally, you may evaluate how the addition of American Creek to your portfolios can decrease your overall portfolio volatility.