Canadian Net Income Applicable To Common Shares from 2010 to 2026
| CP Stock | CAD 119.44 0.21 0.18% |
Net Income Applicable To Common Shares | First Reported 2016-12-31 | Previous Quarter 920 M | Current Value 1.1 B | Quarterly Volatility 289.2 M |
Check Canadian Pacific financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canadian Pacific's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.1 B, Interest Expense of 919.8 M or Selling General Administrative of 3.1 B, as well as many indicators such as Price To Sales Ratio of 6.45, Dividend Yield of 0.0082 or PTB Ratio of 2.46. Canadian financial statements analysis is a perfect complement when working with Canadian Pacific Valuation or Volatility modules.
Canadian | Net Income Applicable To Common Shares |
Evaluating Canadian Pacific'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 Canadian Pacific Railway's fundamental strength.
Latest Canadian Pacific's Net Income Applicable To Common Shares Growth Pattern
Below is the plot of the Net Income Applicable To Common Shares of Canadian Pacific Railway over the last few years. It is the net income that remains after preferred dividends have been deducted, available to common shareholders. Canadian Pacific's Net Income Applicable To Common Shares historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Canadian Pacific'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 |
Canadian Net Income Applicable To Common Shares Regression Statistics
| Arithmetic Mean | 2,390,765,686 | |
| Geometric Mean | 2,216,051,261 | |
| Coefficient Of Variation | 40.54 | |
| Mean Deviation | 805,191,234 | |
| Median | 2,405,000,000 | |
| Standard Deviation | 969,269,396 | |
| Sample Variance | 939483.2T | |
| Range | 2.8B | |
| R-Value | 0.90 | |
| Mean Square Error | 195063.6T | |
| R-Squared | 0.81 | |
| Slope | 172,252,778 | |
| Total Sum of Squares | 15031730.6T |
Canadian Net Income Applicable To Common Shares History
About Canadian Pacific Financial Statements
Canadian Pacific investors utilize fundamental indicators, such as Net Income Applicable To Common Shares, 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 Reported | Projected for Next Year | ||
| Net Income Applicable To Common Shares | 4.1 B | 2.9 B |
Pair Trading with Canadian Pacific
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 Pacific 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 Pacific will appreciate offsetting losses from the drop in the long position's value.Moving together with Canadian Stock
Moving against Canadian Stock
The ability to find closely correlated positions to Canadian Pacific 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 Pacific 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 Pacific - 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 Pacific Railway to buy it.
The correlation of Canadian Pacific 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 Pacific moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Pacific Railway 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 Pacific 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.Check out the analysis of Canadian Pacific Correlation against competitors. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.