Corporacion Income Tax Expense from 2010 to 2024

CAAP Stock  USD 18.96  0.24  1.28%   
Corporacion America Income Tax Expense yearly trend continues to be relatively stable with very little volatility. Income Tax Expense is likely to grow to about -23 M this year. During the period from 2010 to 2024, Corporacion America Income Tax Expense destribution of quarterly values had range of 93.4 M from its regression line and mean deviation of  23,277,491. View All Fundamentals
 
Income Tax Expense  
First Reported
2016-12-31
Previous Quarter
45.6 M
Current Value
80.6 M
Quarterly Volatility
29.3 M
 
Covid
Check Corporacion America financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Corporacion America's main balance sheet or income statement drivers, such as Interest Expense of 135.6 M, Selling General Administrative of 102.9 M or Total Revenue of 1.2 B, as well as many indicators such as Price To Sales Ratio of 1.49, Dividend Yield of 0.0026 or PTB Ratio of 3.41. Corporacion financial statements analysis is a perfect complement when working with Corporacion America Valuation or Volatility modules.
  
Check out the analysis of Corporacion America Correlation against competitors.

Latest Corporacion America's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Corporacion America Airports over the last few years. It is Corporacion America's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Corporacion America's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Very volatile
   Income Tax Expense   
       Timeline  

Corporacion Income Tax Expense Regression Statistics

Arithmetic Mean14,124,137
Geometric Mean0.00
Coefficient Of Variation203.94
Mean Deviation23,277,491
Median0.00
Standard Deviation28,805,338
Sample Variance829.7T
Range93.4M
R-Value(0.03)
Mean Square Error893T
R-Squared0.0007
Significance0.93
Slope(166,831)
Total Sum of Squares11616.5T

Corporacion Income Tax Expense History

2024-23 M
2023-24.2 M
202224.9 M
202169.1 M
2020-14.3 M
201917.1 M
201814.1 M

About Corporacion America Financial Statements

Corporacion America shareholders use historical fundamental indicators, such as Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Corporacion America investors may analyze each financial statement separately, they are all interrelated. The changes in Corporacion America's assets and liabilities, for example, are also reflected in the revenues and expenses on on Corporacion America's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Income Tax Expense-24.2 M-23 M

Pair Trading with Corporacion America

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 Corporacion America 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 Corporacion America will appreciate offsetting losses from the drop in the long position's value.

Moving against Corporacion Stock

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The ability to find closely correlated positions to Corporacion America could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Corporacion America 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 Corporacion America - 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 Corporacion America Airports to buy it.
The correlation of Corporacion America 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 Corporacion America moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Corporacion America 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 Corporacion America 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.
Pair CorrelationCorrelation Matching

Additional Tools for Corporacion Stock Analysis

When running Corporacion America's price analysis, check to measure Corporacion America's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Corporacion America is operating at the current time. Most of Corporacion America's value examination focuses on studying past and present price action to predict the probability of Corporacion America's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corporacion America's price. Additionally, you may evaluate how the addition of Corporacion America to your portfolios can decrease your overall portfolio volatility.