Cogeco Operating Income from 2010 to 2026
| CGO Stock | CAD 71.56 2.72 3.95% |
Operating Income | First Reported 1996-11-30 | Previous Quarter 182.1 M | Current Value 188.4 M | Quarterly Volatility 67.8 M |
Check Cogeco financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cogeco's main balance sheet or income statement drivers, such as Depreciation And Amortization of 869.3 M, Interest Expense of 334.4 M or Selling General Administrative of 533.5 M, as well as many indicators such as Price To Sales Ratio of 0.21, Dividend Yield of 0.0572 or PTB Ratio of 1.08. Cogeco financial statements analysis is a perfect complement when working with Cogeco Valuation or Volatility modules.
Cogeco | Operating Income |
Latest Cogeco's Operating Income Growth Pattern
Below is the plot of the Operating Income of Cogeco Inc over the last few years. Operating Income is the amount of profit realized from Cogeco Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Cogeco Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Cogeco's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cogeco's overall financial position and show how it may be relating to other accounts over time.
| Operating Income | 10 Years Trend |
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Operating Income |
| Timeline |
Cogeco Operating Income Regression Statistics
| Arithmetic Mean | 573,814,947 | |
| Geometric Mean | 515,004,625 | |
| Coefficient Of Variation | 35.76 | |
| Mean Deviation | 162,992,750 | |
| Median | 577,606,000 | |
| Standard Deviation | 205,179,406 | |
| Sample Variance | 42098.6T | |
| Range | 771.5M | |
| R-Value | 0.77 | |
| Mean Square Error | 18539.2T | |
| R-Squared | 0.59 | |
| Significance | 0.0003 | |
| Slope | 31,134,186 | |
| Total Sum of Squares | 673577.4T |
Cogeco Operating Income History
About Cogeco Financial Statements
Cogeco investors utilize fundamental indicators, such as Operating Income, to predict how Cogeco 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 | ||
| Operating Income | 842.9 M | 422.9 M |
Pair Trading with Cogeco
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 Cogeco 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 Cogeco will appreciate offsetting losses from the drop in the long position's value.Moving together with Cogeco Stock
| 0.65 | FFH | Fairfax Financial | PairCorr |
| 0.68 | FFH-PI | Fairfax Financial | PairCorr |
| 0.79 | PAAS | Pan American Silver | PairCorr |
The ability to find closely correlated positions to Cogeco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cogeco 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 Cogeco - 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 Cogeco Inc to buy it.
The correlation of Cogeco 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 Cogeco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cogeco Inc 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 Cogeco 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 Cogeco Stock
Cogeco financial ratios help investors to determine whether Cogeco 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 Cogeco with respect to the benefits of owning Cogeco security.