Corby Operating Income from 2010 to 2026
| CSW-A Stock | CAD 14.95 0.18 1.22% |
Operating Income | First Reported 1996-12-31 | Previous Quarter 16.4 M | Current Value 13.8 M | Quarterly Volatility 8.3 M |
Check Corby Spirit financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Corby Spirit's main balance sheet or income statement drivers, such as Depreciation And Amortization of 19.7 M, Interest Expense of 8.4 M or Total Revenue of 156.7 M, as well as many indicators such as Price To Sales Ratio of 3.99, Dividend Yield of 0.0288 or PTB Ratio of 4.0. Corby financial statements analysis is a perfect complement when working with Corby Spirit Valuation or Volatility modules.
Corby | Operating Income |
The evolution of Operating Income for Corby Spirit and provides essential context for understanding the company's financial health trajectory. By analyzing this metric's behavior over time, investors can assess whether recent trends align with long-term patterns, and how Corby Spirit compares to historical norms and industry peers.
Latest Corby Spirit's Operating Income Growth Pattern
Below is the plot of the Operating Income of Corby Spirit and over the last few years. Operating Income is the amount of profit realized from Corby Spirit 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 Corby Spirit and 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. Corby Spirit's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Corby Spirit'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 |
Corby Operating Income Regression Statistics
| Arithmetic Mean | 36,892,551 | |
| Geometric Mean | 36,285,426 | |
| Coefficient Of Variation | 20.07 | |
| Mean Deviation | 5,208,193 | |
| Median | 34,943,000 | |
| Standard Deviation | 7,403,424 | |
| Sample Variance | 54.8T | |
| Range | 31.6M | |
| R-Value | (0.05) | |
| Mean Square Error | 58.3T | |
| R-Squared | 0 | |
| Significance | 0.85 | |
| Slope | (71,121) | |
| Total Sum of Squares | 877T |
Corby Operating Income History
About Corby Spirit Financial Statements
Corby Spirit shareholders use historical fundamental indicators, such as Operating Income, to determine how well the company is positioned to perform in the future. Although Corby Spirit investors may analyze each financial statement separately, they are all interrelated. The changes in Corby Spirit's assets and liabilities, for example, are also reflected in the revenues and expenses on on Corby Spirit's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Operating Income | 41.5 M | 31.9 M |
Pair Trading with Corby Spirit
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 Corby Spirit 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 Corby Spirit will appreciate offsetting losses from the drop in the long position's value.Moving against Corby Stock
| 0.33 | AAPL | Apple Inc CDR | PairCorr |
| 0.33 | AAPL | Apple CDR | PairCorr |
| 0.31 | AMZN | Amazon CDR | PairCorr |
| 0.31 | AMZN | Amazon CDR | PairCorr |
The ability to find closely correlated positions to Corby Spirit could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Corby Spirit 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 Corby Spirit - 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 Corby Spirit and to buy it.
The correlation of Corby Spirit 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 Corby Spirit moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Corby Spirit 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 Corby Spirit 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.Additional Tools for Corby Stock Analysis
When running Corby Spirit's price analysis, check to measure Corby Spirit'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 Corby Spirit is operating at the current time. Most of Corby Spirit's value examination focuses on studying past and present price action to predict the probability of Corby Spirit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corby Spirit's price. Additionally, you may evaluate how the addition of Corby Spirit to your portfolios can decrease your overall portfolio volatility.