Avicanna Net Interest Income from 2010 to 2026
| AVCN Stock | CAD 0.18 0.01 5.88% |
Net Interest Income | First Reported 2019-03-31 | Previous Quarter -3.1 K | Current Value -5.8 K | Quarterly Volatility 151.7 K |
Check Avicanna financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Avicanna's main balance sheet or income statement drivers, such as Interest Income of 151.2 K, Depreciation And Amortization of 735.4 K or Interest Expense of 448.8 K, as well as many indicators such as Price To Sales Ratio of 1.31, Dividend Yield of 0.0 or PTB Ratio of 12.47. Avicanna financial statements analysis is a perfect complement when working with Avicanna Valuation or Volatility modules.
Avicanna | Net Interest Income |
Evaluating Avicanna's Net Interest 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 Avicanna's fundamental strength.
Latest Avicanna's Net Interest Income Growth Pattern
Below is the plot of the Net Interest Income of Avicanna over the last few years. It is the difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities. Avicanna's Net Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Avicanna's overall financial position and show how it may be relating to other accounts over time.
| Net Interest Income | 10 Years Trend |
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Net Interest Income |
| Timeline |
Avicanna Net Interest Income Regression Statistics
| Arithmetic Mean | (247,442) | |
| Geometric Mean | 0.00 | |
| Coefficient Of Variation | (176.21) | |
| Mean Deviation | 294,164 | |
| Median | 0.00 | |
| Standard Deviation | 436,017 | |
| Sample Variance | 190.1B | |
| Range | 1.7M | |
| R-Value | (0.54) | |
| Mean Square Error | 143.2B | |
| R-Squared | 0.29 | |
| Significance | 0.02 | |
| Slope | (46,795) | |
| Total Sum of Squares | 3T |
Avicanna Net Interest Income History
About Avicanna Financial Statements
Avicanna investors utilize fundamental indicators, such as Net Interest Income, to predict how Avicanna 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 Interest Income | -300.3 K | -315.3 K |
Pair Trading with Avicanna
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 Avicanna 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 Avicanna will appreciate offsetting losses from the drop in the long position's value.Moving together with Avicanna Stock
Moving against Avicanna Stock
| 0.85 | NAR | North Arrow Minerals | PairCorr |
| 0.84 | HLF | High Liner Foods | PairCorr |
| 0.83 | MDM | Madoro Metals Corp | PairCorr |
| 0.78 | NSE | New Stratus Energy | PairCorr |
| 0.78 | BN-PFI | Brookfield | PairCorr |
The ability to find closely correlated positions to Avicanna could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avicanna 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 Avicanna - 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 Avicanna to buy it.
The correlation of Avicanna 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 Avicanna moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avicanna 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 Avicanna 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 Avicanna Stock
Avicanna financial ratios help investors to determine whether Avicanna 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 Avicanna with respect to the benefits of owning Avicanna security.