GRSL Total Assets from 2010 to 2024
| GRSL Stock | CAD 0.14 0.01 6.67% |
Total Assets | First Reported 2016-12-31 | Previous Quarter 10.7 M | Current Value 10.2 M | Quarterly Volatility 12.5 M |
Check GR Silver financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among GR Silver's main balance sheet or income statement drivers, such as Interest Expense of 0.0, Other Operating Expenses of 24.2 M or Depreciation And Amortization of 692.2 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or Days Sales Outstanding of 0.0. GRSL financial statements analysis is a perfect complement when working with GR Silver Valuation or Volatility modules.
GRSL | Total Assets |
Pair Trading with GR Silver
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 GR Silver 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 GR Silver will appreciate offsetting losses from the drop in the long position's value.Moving against GRSL Stock
| 0.4 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.37 | HD | HOME DEPOT CDR | PairCorr |
| 0.36 | TSLA | Tesla Inc CDR | PairCorr |
| 0.32 | NVDA | NVIDIA CDR | PairCorr |
The ability to find closely correlated positions to GR Silver could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GR Silver 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 GR Silver - 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 GR Silver Mining to buy it.
The correlation of GR Silver 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 GR Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GR Silver Mining 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 GR Silver 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 GRSL Stock Analysis
When running GR Silver's price analysis, check to measure GR Silver'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 GR Silver is operating at the current time. Most of GR Silver's value examination focuses on studying past and present price action to predict the probability of GR Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GR Silver's price. Additionally, you may evaluate how the addition of GR Silver to your portfolios can decrease your overall portfolio volatility.