Dundee Net Income From Continuing Ops from 2010 to 2026

DC-A Stock  CAD 4.11  0.03  0.72%   
Dundee 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 69.4 M this year. During the period from 2010 to 2026, Dundee Net Income From Continuing Ops quarterly data regression pattern had sample variance of 28278.3 T and median of (88,074,000). View All Fundamentals
 
Net Income From Continuing Ops  
First Reported
2016-12-31
Previous Quarter
19.8 M
Current Value
90.6 M
Quarterly Volatility
48.9 M
 
Covid
Check Dundee financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dundee's main balance sheet or income statement drivers, such as Depreciation And Amortization of 816.5 K, Selling General Administrative of 13.7 M or Total Revenue of 4 M, as well as many indicators such as Price To Sales Ratio of 26.06, Dividend Yield of 0.0177 or PTB Ratio of 0.57. Dundee financial statements analysis is a perfect complement when working with Dundee Valuation or Volatility modules.
  
This module can also supplement various Dundee Technical models . Check out the analysis of Dundee Correlation against competitors.

Latest Dundee's Net Income From Continuing Ops Growth Pattern

Below is the plot of the Net Income From Continuing Ops of Dundee over the last few years. It is Dundee's Net Income From Continuing Ops historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Dundee'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  

Dundee Net Income From Continuing Ops Regression Statistics

Arithmetic Mean(90,605,031)
Geometric Mean71,134,481
Coefficient Of Variation(185.60)
Mean Deviation113,856,206
Median(88,074,000)
Standard Deviation168,161,473
Sample Variance28278.3T
Range655.3M
R-Value0.40
Mean Square Error25294.1T
R-Squared0.16
Significance0.11
Slope13,379,896
Total Sum of Squares452452.5T

Dundee Net Income From Continuing Ops History

202669.4 M
202566.1 M
202457.5 M
2023-39.2 M
202229 M
2021-97.1 M
2020-88.1 M

About Dundee Financial Statements

Dundee investors utilize fundamental indicators, such as Net Income From Continuing Ops, to predict how Dundee 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 Ops66.1 M69.4 M

Pair Trading with Dundee

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 Dundee 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 Dundee will appreciate offsetting losses from the drop in the long position's value.

Moving together with Dundee Stock

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Moving against Dundee Stock

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The ability to find closely correlated positions to Dundee could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dundee 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 Dundee - 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 Dundee to buy it.
The correlation of Dundee 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 Dundee moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dundee 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 Dundee 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 Dundee Stock

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