Guru Free Cash Flow Yield from 2010 to 2024
| GURU Stock | CAD 1.65 0.04 2.37% |
Free Cash Flow Yield | First Reported 2010-12-31 | Previous Quarter 3.3258453 | Current Value 3.49 | Quarterly Volatility 1.85690464 |
Check Guru Organic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Guru Organic's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.4 M, Interest Expense of 77.2 K or Total Revenue of 23.7 M, as well as many indicators such as Price To Sales Ratio of 0.0194, Dividend Yield of 0.0 or PTB Ratio of 74.49. Guru financial statements analysis is a perfect complement when working with Guru Organic Valuation or Volatility modules.
Guru | Free Cash Flow Yield |
Pair Trading with Guru Organic
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 Guru Organic 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 Guru Organic will appreciate offsetting losses from the drop in the long position's value.Moving against Guru Stock
| 0.9 | GIL | Gildan Activewear | PairCorr |
| 0.86 | GATO | Gatos Silver Earnings Call This Week | PairCorr |
| 0.85 | BBUC | Brookfield Business Corp | PairCorr |
| 0.83 | PRMW | Primo Water Corp | PairCorr |
| 0.74 | FGAA-U | FG Acquisition Corp | PairCorr |
The ability to find closely correlated positions to Guru Organic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Guru Organic 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 Guru Organic - 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 Guru Organic Energy to buy it.
The correlation of Guru Organic 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 Guru Organic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Guru Organic Energy 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 Guru Organic 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.Other Information on Investing in Guru Stock
Guru Organic financial ratios help investors to determine whether Guru Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Guru with respect to the benefits of owning Guru Organic security.