Sama Days Sales Outstanding from 2010 to 2024
| SME Stock | CAD 0.14 0.01 6.67% |
Days Sales Outstanding | First Reported 2010-12-31 | Previous Quarter 10.6 K | Current Value 11.1 K | Quarterly Volatility 5.6 K |
Check Sama Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sama Resources' main balance sheet or income statement drivers, such as Other Operating Expenses of 9.2 M, Total Operating Expenses of 6.5 M or Income Tax Expense of 4.8 M, as well as many indicators such as Price To Sales Ratio of 1 K, Dividend Yield of 0.0 or PTB Ratio of 1.52. Sama financial statements analysis is a perfect complement when working with Sama Resources Valuation or Volatility modules.
Sama | Days Sales Outstanding |
Pair Trading with Sama Resources
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 Sama Resources 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 Sama Resources will appreciate offsetting losses from the drop in the long position's value.Moving against Sama Stock
The ability to find closely correlated positions to Sama Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sama Resources 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 Sama Resources - 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 Sama Resources to buy it.
The correlation of Sama Resources 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 Sama Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sama 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 Sama Resources 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 Sama Stock Analysis
When running Sama Resources' price analysis, check to measure Sama Resources' 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 Sama Resources is operating at the current time. Most of Sama Resources' value examination focuses on studying past and present price action to predict the probability of Sama Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sama Resources' price. Additionally, you may evaluate how the addition of Sama Resources to your portfolios can decrease your overall portfolio volatility.