Andean Net Income from 2010 to 2026

APM Stock   10.50  0.07  0.66%   
Andean Precious Net Income yearly trend continues to be very stable with very little volatility. Net Income is likely to drop to about 17.8 M. During the period from 2010 to 2026, Andean Precious Net Income quarterly data regression pattern had range of 75.1 M and standard deviation of  24,015,921. View All Fundamentals
 
Net Income  
First Reported
2019-09-30
Previous Quarter
17.4 M
Current Value
43.7 M
Quarterly Volatility
16.8 M
 
Covid
 
Interest Hikes
Check Andean Precious financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Andean Precious' main balance sheet or income statement drivers, such as Depreciation And Amortization of 10.4 M, Selling General Administrative of 13.1 M or Selling And Marketing Expenses of 2 M, as well as many indicators such as Price To Sales Ratio of 0.54, Dividend Yield of 0.0 or PTB Ratio of 0.9. Andean financial statements analysis is a perfect complement when working with Andean Precious Valuation or Volatility modules.
  
This module can also supplement various Andean Precious Technical models . Check out the analysis of Andean Precious Correlation against competitors.
Evaluating Andean Precious's Net Income 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 Andean Precious Metals's fundamental strength.

Latest Andean Precious' Net Income Growth Pattern

Below is the plot of the Net Income of Andean Precious Metals over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Andean Precious Metals financial statement analysis. It represents the amount of money remaining after all of Andean Precious Metals operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Andean Precious' Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Andean Precious' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 18.3 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Andean Net Income Regression Statistics

Arithmetic Mean(733,803)
Coefficient Of Variation(3,273)
Mean Deviation19,792,808
Median(16,621,970)
Standard Deviation24,015,921
Sample Variance576.8T
Range75.1M
R-Value0.67
Mean Square Error341.8T
R-Squared0.44
Significance0
Slope3,170,365
Total Sum of Squares9228.2T

Andean Net Income History

202617.8 M
202522.1 M
202419.2 M
202341.9 M
2022-10.1 M
20214.3 M
202058.5 M

About Andean Precious Financial Statements

Andean Precious investors utilize fundamental indicators, such as Net Income, to predict how Andean 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 ReportedProjected for Next Year
Net Income21 M22.1 M
Net Income From Continuing Ops22.1 M15.2 M
Net Income Applicable To Common Shares22.1 M17.5 M
Net Income Per Share 0.11  0.07 
Net Income Per E B T 0.76  0.99 

Pair Trading with Andean Precious

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

Moving together with Andean Stock

  0.65PAAS Pan American SilverPairCorr
  0.63DSV Discovery Silver CorpPairCorr

Moving against Andean Stock

  0.58BRK Berkshire Hathaway CDRPairCorr
  0.53AAPL Apple CDRPairCorr
  0.53AAPL Apple Inc CDRPairCorr
The ability to find closely correlated positions to Andean Precious could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Andean Precious 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 Andean Precious - 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 Andean Precious Metals to buy it.
The correlation of Andean Precious 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 Andean Precious moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Andean Precious Metals 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 Andean Precious 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

Other Information on Investing in Andean Stock

Andean Precious financial ratios help investors to determine whether Andean 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 Andean with respect to the benefits of owning Andean Precious security.