Aecon Net Income from 2010 to 2026
| ARE Stock | CAD 33.99 0.02 0.06% |
Net Loss | First Reported 1997-03-31 | Previous Quarter -7.6 M | Current Value 40 M | Quarterly Volatility 26 M |
Check Aecon financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Aecon's main balance sheet or income statement drivers, such as Depreciation And Amortization of 43.3 M, Interest Expense of 53.7 M or Total Revenue of 2.5 B, as well as many indicators such as Price To Sales Ratio of 0.18, Dividend Yield of 0.0224 or PTB Ratio of 0.99. Aecon financial statements analysis is a perfect complement when working with Aecon Valuation or Volatility modules.
Aecon | Net Income |
Latest Aecon's Net Income Growth Pattern
Below is the plot of the Net Income of Aecon Group over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Aecon Group financial statement analysis. It represents the amount of money remaining after all of Aecon Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Aecon's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Aecon's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported (59.52 M) | 10 Years Trend |
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Net Income |
| Timeline |
Aecon Net Income Regression Statistics
| Arithmetic Mean | 36,919,084 | |
| Coefficient Of Variation | 159.02 | |
| Mean Deviation | 41,628,372 | |
| Median | 46,757,000 | |
| Standard Deviation | 58,708,434 | |
| Sample Variance | 3446.7T | |
| Range | 230.3M | |
| R-Value | (0.34) | |
| Mean Square Error | 3247T | |
| R-Squared | 0.12 | |
| Significance | 0.18 | |
| Slope | (3,973,620) | |
| Total Sum of Squares | 55146.9T |
Aecon Net Income History
About Aecon Financial Statements
Aecon investors utilize fundamental indicators, such as Net Income, to predict how Aecon 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 Loss | -68.5 M | -65 M | |
| Net Loss | -68.4 M | -64.9 M | |
| Net Loss | -68.5 M | -65 M | |
| Net Loss | (0.85) | (0.81) | |
| Net Income Per E B T | 0.89 | 0.87 |
Pair Trading with Aecon
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 Aecon 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 Aecon will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Aecon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aecon 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 Aecon - 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 Aecon Group to buy it.
The correlation of Aecon 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 Aecon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aecon Group 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 Aecon 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 Aecon Stock
Aecon financial ratios help investors to determine whether Aecon 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 Aecon with respect to the benefits of owning Aecon security.