Transportadora Other Liab from 2010 to 2024

TGS Stock  USD 16.95  0.31  1.80%   
Transportadora Other Liabilities yearly trend continues to be comparatively stable with very little volatility. Other Liabilities is likely to outpace its year average in 2024. From the period from 2010 to 2024, Transportadora Other Liabilities quarterly data regression had r-value of  0.94 and coefficient of variation of  107.23. View All Fundamentals
 
Other Liabilities  
First Reported
2002-09-30
Previous Quarter
55.4 B
Current Value
78.6 B
Quarterly Volatility
11.6 B
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Transportadora financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Transportadora's main balance sheet or income statement drivers, such as Depreciation And Amortization of 174.8 B, Interest Expense of 25.9 B or Selling General Administrative of 20.3 B, as well as many indicators such as Price To Sales Ratio of 2.26, Dividend Yield of 0.0 or PTB Ratio of 1.73. Transportadora financial statements analysis is a perfect complement when working with Transportadora Valuation or Volatility modules.
  
Check out the analysis of Transportadora Correlation against competitors.

Latest Transportadora's Other Liab Growth Pattern

Below is the plot of the Other Liab of Transportadora de Gas over the last few years. It is Transportadora's Other Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Transportadora's overall financial position and show how it may be relating to other accounts over time.
Other Liab10 Years Trend
Slightly volatile
   Other Liab   
       Timeline  

Transportadora Other Liab Regression Statistics

Arithmetic Mean6,950,986,067
Geometric Mean1,292,279,842
Coefficient Of Variation107.23
Mean Deviation6,396,591,004
Median5,687,407,000
Standard Deviation7,453,206,292
Sample Variance55550284T
Range19.2B
R-Value0.94
Mean Square Error6902276.9T
R-Squared0.88
Slope1,567,498,436
Total Sum of Squares777703976.5T

Transportadora Other Liab History

202419.2 B
202318.3 B
202115.9 B
202011.5 B
20197.7 B
20185.7 B
2017B

About Transportadora Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Transportadora income statement, its balance sheet, and the statement of cash flows. Transportadora investors use historical funamental indicators, such as Transportadora's Other Liab, to determine how well the company is positioned to perform in the future. Although Transportadora investors may use each financial statement separately, they are all related. The changes in Transportadora's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Transportadora's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Transportadora Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Transportadora. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Liabilities18.3 B19.2 B

Pair Trading with Transportadora

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 Transportadora 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 Transportadora will appreciate offsetting losses from the drop in the long position's value.

Moving together with Transportadora Stock

  0.88EC Ecopetrol SA ADRPairCorr
  0.88SU Suncor EnergyPairCorr
The ability to find closely correlated positions to Transportadora could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Transportadora 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 Transportadora - 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 Transportadora de Gas to buy it.
The correlation of Transportadora 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 Transportadora moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Transportadora de Gas 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 Transportadora 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.
Pair CorrelationCorrelation Matching

Additional Tools for Transportadora Stock Analysis

When running Transportadora's price analysis, check to measure Transportadora'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 Transportadora is operating at the current time. Most of Transportadora's value examination focuses on studying past and present price action to predict the probability of Transportadora's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transportadora's price. Additionally, you may evaluate how the addition of Transportadora to your portfolios can decrease your overall portfolio volatility.