Bankers Net Income Per Share from 2010 to 2026
| BNK Stock | CAD 17.24 0.06 0.35% |
Net Income Per Share | First Reported 2010-12-31 | Previous Quarter 1.47 | Current Value 2.48 | Quarterly Volatility 1.92082625 |
Check Bankers Petroleum financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bankers Petroleum's main balance sheet or income statement drivers, such as Selling General Administrative of 193 K, Total Revenue of 3.9 M or Gross Profit of 3.9 M, as well as many indicators such as Price To Sales Ratio of 7.38, Dividend Yield of 0.21 or PTB Ratio of 0.82. Bankers financial statements analysis is a perfect complement when working with Bankers Petroleum Valuation or Volatility modules.
Bankers | Net Income Per Share |
Pair Trading with Bankers Petroleum
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 Bankers Petroleum 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 Bankers Petroleum will appreciate offsetting losses from the drop in the long position's value.Moving against Bankers Stock
The ability to find closely correlated positions to Bankers Petroleum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bankers Petroleum 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 Bankers Petroleum - 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 Bankers Petroleum to buy it.
The correlation of Bankers Petroleum 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 Bankers Petroleum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bankers Petroleum 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 Bankers Petroleum 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 Bankers Stock
Bankers Petroleum financial ratios help investors to determine whether Bankers 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 Bankers with respect to the benefits of owning Bankers Petroleum security.