Athabasca Net Income From Continuing Ops from 2010 to 2026
| ATH Stock | CAD 8.54 0.34 3.83% |
Net Income From Continuing Ops | First Reported 2016-12-31 | Previous Quarter 72.7 M | Current Value 56.7 M | Quarterly Volatility 228 M |
Check Athabasca Oil financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Athabasca Oil's main balance sheet or income statement drivers, such as Depreciation And Amortization of 103.2 M, Interest Expense of 53.2 M or Selling General Administrative of 63.3 M, as well as many indicators such as Price To Sales Ratio of 2.21, Dividend Yield of 0.2 or PTB Ratio of 2.41. Athabasca financial statements analysis is a perfect complement when working with Athabasca Oil Valuation or Volatility modules.
Athabasca | Net Income From Continuing Ops |
Evaluating Athabasca Oil's Net Income From Continuing Ops 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 Athabasca Oil Corp's fundamental strength.
Latest Athabasca Oil's Net Income From Continuing Ops Growth Pattern
Below is the plot of the Net Income From Continuing Ops of Athabasca Oil Corp over the last few years. It is Athabasca Oil's Net Income From Continuing Ops historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Athabasca Oil's overall financial position and show how it may be relating to other accounts over time.
| Net Income From Continuing Ops | 10 Years Trend |
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Net Income From Continuing Ops |
| Timeline |
Athabasca Net Income From Continuing Ops Regression Statistics
| Arithmetic Mean | (58,348,622) | |
| Coefficient Of Variation | (820.13) | |
| Mean Deviation | 378,672,680 | |
| Median | (126,138,000) | |
| Standard Deviation | 478,535,195 | |
| Sample Variance | 228995.9T | |
| Range | 1.5B | |
| R-Value | 0.57 | |
| Mean Square Error | 165953T | |
| R-Squared | 0.32 | |
| Significance | 0.02 | |
| Slope | 53,656,485 | |
| Total Sum of Squares | 3663934.9T |
Athabasca Net Income From Continuing Ops History
About Athabasca Oil Financial Statements
Athabasca Oil investors utilize fundamental indicators, such as Net Income From Continuing Ops, to predict how Athabasca 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 From Continuing Ops | 542.8 M | 569.9 M |
Pair Trading with Athabasca Oil
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 Athabasca Oil 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 Athabasca Oil will appreciate offsetting losses from the drop in the long position's value.Moving together with Athabasca Stock
Moving against Athabasca Stock
The ability to find closely correlated positions to Athabasca Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Athabasca Oil 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 Athabasca Oil - 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 Athabasca Oil Corp to buy it.
The correlation of Athabasca Oil 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 Athabasca Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Athabasca Oil Corp 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 Athabasca Oil 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 Athabasca Stock
Athabasca Oil financial ratios help investors to determine whether Athabasca 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 Athabasca with respect to the benefits of owning Athabasca Oil security.