Air Net Income Per Share from 2010 to 2026
| AC Stock | CAD 18.85 0.02 0.11% |
Net Income Per Share | First Reported 2010-12-31 | Previous Quarter 4.32 | Current Value 4.54 | Quarterly Volatility 6.7060692 |
Check Air Canada financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Air Canada's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.2 B, Interest Expense of 431.3 M or Selling General Administrative of 950.8 M, as well as many indicators such as Price To Sales Ratio of 0.25, Dividend Yield of 0.0 or PTB Ratio of 2.85. Air financial statements analysis is a perfect complement when working with Air Canada Valuation or Volatility modules.
Air | Net Income Per Share |
Evaluating Air Canada's Net Income Per Share across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Air Canada's fundamental strength.
Latest Air Canada's Net Income Per Share Growth Pattern
Below is the plot of the Net Income Per Share of Air Canada over the last few years. It is Air Canada's Net Income Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Air Canada's overall financial position and show how it may be relating to other accounts over time.
| Net Income Per Share | 10 Years Trend |
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Net Income Per Share |
| Timeline |
Air Net Income Per Share Regression Statistics
| Arithmetic Mean | (0.28) | |
| Coefficient Of Variation | (2,432) | |
| Mean Deviation | 4.94 | |
| Median | 0.61 | |
| Standard Deviation | 6.71 | |
| Sample Variance | 44.97 | |
| Range | 23.9439 | |
| R-Value | 0.23 | |
| Mean Square Error | 45.51 | |
| R-Squared | 0.05 | |
| Significance | 0.38 | |
| Slope | 0.30 | |
| Total Sum of Squares | 719.54 |
Air Net Income Per Share History
About Air Canada Financial Statements
Air Canada investors utilize fundamental indicators, such as Net Income Per Share, to predict how Air Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Income Per Share | 4.32 | 4.54 |
Pair Trading with Air Canada
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 Air Canada 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 Air Canada will appreciate offsetting losses from the drop in the long position's value.Moving together with Air Stock
Moving against Air Stock
| 0.45 | MSFT | Microsoft CDR | PairCorr |
| 0.45 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.33 | AAPL | Apple CDR | PairCorr |
| 0.33 | AAPL | Apple Inc CDR | PairCorr |
The ability to find closely correlated positions to Air Canada could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Air Canada 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 Air Canada - 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 Air Canada to buy it.
The correlation of Air Canada 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 Air Canada moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Air Canada 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 Air Canada 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 Air Stock
Air Canada financial ratios help investors to determine whether Air 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 Air with respect to the benefits of owning Air Canada security.