Black Net Income Applicable To Common Shares from 2010 to 2026
| BKI Stock | CAD 0.14 0.01 7.69% |
Net Loss | First Reported 2016-12-31 | Previous Quarter -308.8 K | Current Value -429.5 K | Quarterly Volatility 1 M |
Check Black Iron financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Black Iron's main balance sheet or income statement drivers, such as Interest Expense of 4.4 K, Selling General Administrative of 875.1 K or Other Operating Expenses of 3.2 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or Days Sales Outstanding of 0.0. Black financial statements analysis is a perfect complement when working with Black Iron Valuation or Volatility modules.
Black | Net Income Applicable To Common Shares |
Evaluating Black Iron'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 Black Iron's fundamental strength.
Latest Black Iron's Net Income Applicable To Common Shares Growth Pattern
Below is the plot of the Net Income Applicable To Common Shares of Black Iron over the last few years. It is the net income that remains after preferred dividends have been deducted, available to common shareholders. Black Iron's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Black Iron'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 |
Black Net Income Applicable To Common Shares Regression Statistics
| Arithmetic Mean | (5,795,309) | |
| Coefficient Of Variation | (91.36) | |
| Mean Deviation | 3,657,055 | |
| Median | (3,440,200) | |
| Standard Deviation | 5,294,758 | |
| Sample Variance | 28T | |
| Range | 21.7M | |
| R-Value | 0.47 | |
| Mean Square Error | 23.2T | |
| R-Squared | 0.23 | |
| Significance | 0.05 | |
| Slope | 497,828 | |
| Total Sum of Squares | 448.6T |
Black Net Income Applicable To Common Shares History
About Black Iron Financial Statements
Black Iron investors utilize fundamental indicators, such as Net Income Applicable To Common Shares, to predict how Black 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 | -2.5 M | -2.6 M |
Pair Trading with Black Iron
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 Black Iron 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 Black Iron will appreciate offsetting losses from the drop in the long position's value.Moving against Black Stock
The ability to find closely correlated positions to Black Iron could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Black Iron 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 Black Iron - 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 Black Iron to buy it.
The correlation of Black Iron 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 Black Iron moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Black Iron 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 Black Iron 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 Black Stock
Black Iron financial ratios help investors to determine whether Black 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 Black with respect to the benefits of owning Black Iron security.