Bank Net Income Applicable To Common Shares from 2010 to 2026
| BK Stock | CAD 14.23 0.01 0.07% |
Net Loss | First Reported 2017-02-28 | Previous Quarter -4 M | Current Value -4 M | Quarterly Volatility 12 M |
Check Bank of New York financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bank of New York's main balance sheet or income statement drivers, such as Total Revenue of 232 M, Gross Profit of 225.6 M or Other Operating Expenses of 5.6 M, as well as many indicators such as Price To Sales Ratio of 3.12, Dividend Yield of 0.096 or PTB Ratio of 0.76. Bank financial statements analysis is a perfect complement when working with Bank of New York Valuation or Volatility modules.
Bank | Net Income Applicable To Common Shares |
Evaluating Bank of New York's Net Income Applicable To Common Shares 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 Canadian Banc Corp's fundamental strength.
Latest Bank of New York's Net Income Applicable To Common Shares Growth Pattern
Below is the plot of the Net Income Applicable To Common Shares of Canadian Banc Corp over the last few years. It is the net income that remains after preferred dividends have been deducted, available to common shareholders. Bank of New York's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bank of New York's overall financial position and show how it may be relating to other accounts over time.
| Net Income Applicable To Common Shares | 10 Years Trend |
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Net Income Applicable To Common Shares |
| Timeline |
Bank Net Income Applicable To Common Shares Regression Statistics
| Arithmetic Mean | 7,490,050 | |
| Coefficient Of Variation | 262.05 | |
| Mean Deviation | 16,867,840 | |
| Median | (5,219,594) | |
| Standard Deviation | 19,627,709 | |
| Sample Variance | 385.2T | |
| Range | 75.2M | |
| R-Value | (0.44) | |
| Mean Square Error | 332.6T | |
| R-Squared | 0.19 | |
| Significance | 0.08 | |
| Slope | (1,696,659) | |
| Total Sum of Squares | 6164T |
Bank Net Income Applicable To Common Shares History
About Bank of New York Financial Statements
Bank of New York investors utilize fundamental indicators, such as Net Income Applicable To Common Shares, to predict how Bank 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 | -6 M | -5.7 M |
Pair Trading with Bank of New York
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 Bank of New York 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 Bank of New York will appreciate offsetting losses from the drop in the long position's value.Moving together with Bank Stock
The ability to find closely correlated positions to Bank of New York could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank of New York 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 Bank of New York - 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 Canadian Banc Corp to buy it.
The correlation of Bank of New York 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 Bank of New York moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Banc 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 Bank of New York 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 Bank Stock
Bank of New York financial ratios help investors to determine whether Bank 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 Bank with respect to the benefits of owning Bank of New York security.