Capital Operating Income from 2010 to 2026
| CPX Stock | CAD 59.44 0.79 1.35% |
Operating Income | First Reported 2010-03-31 | Previous Quarter 24 M | Current Value -282 M | Quarterly Volatility 170 M |
Check Capital Power financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Capital Power's main balance sheet or income statement drivers, such as Depreciation And Amortization of 352.7 M, Interest Expense of 138.5 M or Total Revenue of 2.2 B, as well as many indicators such as Price To Sales Ratio of 2.63, Dividend Yield of 0.0372 or PTB Ratio of 0.85. Capital financial statements analysis is a perfect complement when working with Capital Power Valuation or Volatility modules.
Capital | Operating Income |
Evaluating Capital Power's Operating Income 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 Capital Power's fundamental strength.
Latest Capital Power's Operating Income Growth Pattern
Below is the plot of the Operating Income of Capital Power over the last few years. Operating Income is the amount of profit realized from Capital Power 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 Capital Power 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. Capital Power's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Capital Power'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 |
Capital Operating Income Regression Statistics
| Arithmetic Mean | 262,032,715 | |
| Geometric Mean | 223,351,318 | |
| Coefficient Of Variation | 149.70 | |
| Mean Deviation | 281,996,992 | |
| Median | 169,000,000 | |
| Standard Deviation | 392,264,398 | |
| Sample Variance | 153871.4T | |
| Range | 1.6B | |
| R-Value | (0.01) | |
| Mean Square Error | 164094.1T | |
| R-Squared | 0.0002 | |
| Significance | 0.96 | |
| Slope | (1,139,532) | |
| Total Sum of Squares | 2461941.7T |
Capital Operating Income History
About Capital Power Financial Statements
Capital Power investors utilize fundamental indicators, such as Operating Income, to predict how Capital 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 | -202.4 M | -192.3 M |
Pair Trading with Capital Power
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 Capital Power 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 Capital Power will appreciate offsetting losses from the drop in the long position's value.Moving against Capital Stock
| 0.63 | RY | Royal Bank | PairCorr |
| 0.61 | BNP | BNP Paribas CDR | PairCorr |
| 0.6 | TD | Toronto Dominion Bank | PairCorr |
| 0.58 | HSTR | Heliostar Metals | PairCorr |
| 0.56 | LIRC | Lithium Royalty Corp | PairCorr |
The ability to find closely correlated positions to Capital Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Capital Power 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 Capital Power - 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 Capital Power to buy it.
The correlation of Capital Power 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 Capital Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Capital Power 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 Capital Power 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 Capital Stock
Capital Power financial ratios help investors to determine whether Capital 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 Capital with respect to the benefits of owning Capital Power security.