Canadian Net Income From Continuing Ops from 2010 to 2026

CGI Stock  CAD 48.87  0.73  1.52%   
Canadian General Net Income From Continuing Ops yearly trend continues to be very stable with very little volatility. Net Income From Continuing Ops is likely to grow to about 370.2 M this year. During the period from 2010 to 2026, Canadian General Net Income From Continuing Ops quarterly data regression pattern had range of 624.6 M and standard deviation of  165,382,955. View All Fundamentals
 
Net Income From Continuing Ops  
First Reported
2010-12-31
Previous Quarter
352.6 M
Current Value
370.2 M
Quarterly Volatility
165.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Canadian General financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canadian General's main balance sheet or income statement drivers, such as Interest Expense of 11.3 M, Total Revenue of 175 M or Gross Profit of 153.5 M, as well as many indicators such as Price To Sales Ratio of 6.37, Dividend Yield of 0.0426 or PTB Ratio of 0.8. Canadian financial statements analysis is a perfect complement when working with Canadian General Valuation or Volatility modules.
  
This module can also supplement various Canadian General Technical models . Check out the analysis of Canadian General Correlation against competitors.

Latest Canadian General's Net Income From Continuing Ops Growth Pattern

Below is the plot of the Net Income From Continuing Ops of Canadian General Investments over the last few years. It is Canadian General's Net Income From Continuing Ops historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Canadian General's overall financial position and show how it may be relating to other accounts over time.
Net Income From Continuing Ops10 Years Trend
Slightly volatile
   Net Income From Continuing Ops   
       Timeline  

Canadian Net Income From Continuing Ops Regression Statistics

Arithmetic Mean118,029,386
Coefficient Of Variation140.12
Mean Deviation130,964,173
Median90,971,000
Standard Deviation165,382,955
Sample Variance27351.5T
Range624.6M
R-Value0.53
Mean Square Error20914T
R-Squared0.28
Significance0.03
Slope17,427,354
Total Sum of Squares437624.4T

Canadian Net Income From Continuing Ops History

2026370.2 M
2025352.6 M
2024306.6 M
2023174.2 M
2022-254.4 M
2021254.8 M
2020289.4 M

About Canadian General Financial Statements

Canadian General investors utilize fundamental indicators, such as Net Income From Continuing Ops, to predict how Canadian 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 ReportedProjected for Next Year
Net Income From Continuing Ops352.6 M370.2 M

Pair Trading with Canadian General

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 Canadian General 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 Canadian General will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Canadian General could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian General 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 Canadian General - 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 General Investments to buy it.
The correlation of Canadian General 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 Canadian General moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian General Inv 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 Canadian General 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

Other Information on Investing in Canadian Stock

Canadian General financial ratios help investors to determine whether Canadian 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 Canadian with respect to the benefits of owning Canadian General security.