Eldorado Interest Income from 2010 to 2026
| EGO Stock | USD 48.16 1.55 3.12% |
Interest Income | First Reported 2019-03-31 | Previous Quarter 1.9 M | Current Value 8.6 M | Quarterly Volatility 13.2 M |
Check Eldorado Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Eldorado Gold's main balance sheet or income statement drivers, such as Depreciation And Amortization of 308.1 M, Interest Expense of 22 M or Total Revenue of 1.6 B, as well as many indicators such as Price To Sales Ratio of 2.51, Dividend Yield of 0.0054 or PTB Ratio of 0.85. Eldorado financial statements analysis is a perfect complement when working with Eldorado Gold Valuation or Volatility modules.
Eldorado | Interest Income | Build AI portfolio with Eldorado Stock |
Evaluating Eldorado Gold's Interest 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 Eldorado Gold Corp's fundamental strength.
Latest Eldorado Gold's Interest Income Growth Pattern
Below is the plot of the Interest Income of Eldorado Gold Corp over the last few years. It is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. Eldorado Gold's Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Eldorado Gold's overall financial position and show how it may be relating to other accounts over time.
| Interest Income | 10 Years Trend |
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Interest Income |
| Timeline |
Eldorado Interest Income Regression Statistics
| Arithmetic Mean | 15,076,911 | |
| Geometric Mean | 11,198,243 | |
| Coefficient Of Variation | 68.68 | |
| Mean Deviation | 8,857,542 | |
| Median | 9,571,000 | |
| Standard Deviation | 10,354,069 | |
| Sample Variance | 107.2T | |
| Range | 34.7M | |
| R-Value | 0.47 | |
| Mean Square Error | 89.3T | |
| R-Squared | 0.22 | |
| Significance | 0.06 | |
| Slope | 959,219 | |
| Total Sum of Squares | 1715.3T |
Eldorado Interest Income History
Other Fundumenentals of Eldorado Gold Corp
Eldorado Gold Interest Income component correlations
Click cells to compare fundamentals
About Eldorado Gold Financial Statements
Eldorado Gold investors utilize fundamental indicators, such as Interest Income, to predict how Eldorado 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 | ||
| Interest Income | 27.5 M | 17.9 M | |
| Net Interest Income | 3.4 M | 3.6 M |
Pair Trading with Eldorado Gold
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 Eldorado Gold 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 Eldorado Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with Eldorado Stock
| 0.91 | AA | Alcoa Corp | PairCorr |
| 0.94 | RS | Reliance Steel Aluminum | PairCorr |
| 0.94 | AGI | Alamos Gold Downward Rally | PairCorr |
| 0.98 | PAAS | Pan American Silver | PairCorr |
Moving against Eldorado Stock
| 0.8 | MAPSW | WM Technology | PairCorr |
| 0.72 | DSKYF | Daiichi Sankyo Earnings Call Today | PairCorr |
| 0.51 | PCTTW | PureCycle Technologies | PairCorr |
| 0.45 | OPHLF | Ono Pharmaceutical Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Eldorado Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eldorado Gold 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 Eldorado Gold - 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 Eldorado Gold Corp to buy it.
The correlation of Eldorado Gold 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 Eldorado Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eldorado Gold 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 Eldorado Gold 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 Eldorado Gold Correlation against competitors. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Will Metals & Mining sector continue expanding? Could Eldorado diversify its offerings? Factors like these will boost the valuation of Eldorado Gold. Projected growth potential of Eldorado fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Eldorado Gold data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.40) | Earnings Share 1.82 | Revenue Per Share | Quarterly Revenue Growth 0.31 | Return On Assets |
Investors evaluate Eldorado Gold Corp using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Eldorado Gold's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Eldorado Gold's market price to deviate significantly from intrinsic value.
It's important to distinguish between Eldorado Gold's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Eldorado Gold should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Eldorado Gold's market price signifies the transaction level at which participants voluntarily complete trades.