Endeavour Operating Income from 2010 to 2026
| EDV Stock | CAD 92.95 5.02 5.71% |
Operating Income | First Reported 2001-03-31 | Previous Quarter 427.8 M | Current Value 386.3 M | Quarterly Volatility 118.8 M |
Check Endeavour Mining financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Endeavour Mining's main balance sheet or income statement drivers, such as Depreciation And Amortization of 783.8 M, Interest Expense of 142.9 M or Selling General Administrative of 21 M, as well as many indicators such as Price To Sales Ratio of 1.78, Dividend Yield of 0.0433 or PTB Ratio of 1.76. Endeavour financial statements analysis is a perfect complement when working with Endeavour Mining Valuation or Volatility modules.
Endeavour | Operating Income |
Evaluating Endeavour Mining'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 Endeavour Mining Corp's fundamental strength.
Latest Endeavour Mining's Operating Income Growth Pattern
Below is the plot of the Operating Income of Endeavour Mining Corp over the last few years. Operating Income is the amount of profit realized from Endeavour Mining Corp 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 Endeavour Mining Corp 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. Endeavour Mining's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Endeavour Mining'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 |
Endeavour Operating Income Regression Statistics
| Arithmetic Mean | 164,743,735 | |
| Coefficient Of Variation | 168.09 | |
| Mean Deviation | 227,754,865 | |
| Median | 95,769,000 | |
| Standard Deviation | 276,915,710 | |
| Sample Variance | 76682.3T | |
| Range | 977.7M | |
| R-Value | 0.77 | |
| Mean Square Error | 32734.4T | |
| R-Squared | 0.60 | |
| Significance | 0.0003 | |
| Slope | 42,469,738 | |
| Total Sum of Squares | 1226917T |
Endeavour Operating Income History
About Endeavour Mining Financial Statements
Endeavour Mining investors utilize fundamental indicators, such as Operating Income, to predict how Endeavour 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 | 423 M | 444.1 M |
Pair Trading with Endeavour Mining
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 Endeavour Mining 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 Endeavour Mining will appreciate offsetting losses from the drop in the long position's value.Moving together with Endeavour Stock
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| 0.95 | FDY | Faraday Copper Corp | PairCorr |
Moving against Endeavour Stock
The ability to find closely correlated positions to Endeavour Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Endeavour Mining 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 Endeavour Mining - 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 Endeavour Mining Corp to buy it.
The correlation of Endeavour Mining 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 Endeavour Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Endeavour Mining Corp 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 Endeavour Mining 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 Endeavour Stock
Endeavour Mining financial ratios help investors to determine whether Endeavour 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 Endeavour with respect to the benefits of owning Endeavour Mining security.