Economic Operating Income from 2010 to 2026
| EVT Stock | CAD 24.32 0.16 0.65% |
Operating Income | First Reported 2017-06-30 | Previous Quarter 189.9 M | Current Value 85 M | Quarterly Volatility 70.6 M |
Check Economic Investment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Economic Investment's main balance sheet or income statement drivers, such as Interest Expense of 0.0, Selling General Administrative of 845.7 K or Total Revenue of 374.5 M, as well as many indicators such as . Economic financial statements analysis is a perfect complement when working with Economic Investment Valuation or Volatility modules.
Economic | Operating Income |
Evaluating Economic Investment'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 Economic Investment Trust's fundamental strength.
Latest Economic Investment's Operating Income Growth Pattern
Below is the plot of the Operating Income of Economic Investment Trust over the last few years. Operating Income is the amount of profit realized from Economic Investment Trust 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 Economic Investment Trust 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. Economic Investment's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Economic Investment'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 |
Economic Operating Income Regression Statistics
| Arithmetic Mean | 113,095,366 | |
| Geometric Mean | 76,146,912 | |
| Coefficient Of Variation | 114.17 | |
| Mean Deviation | 103,637,886 | |
| Median | 45,508,000 | |
| Standard Deviation | 129,116,650 | |
| Sample Variance | 16671.1T | |
| Range | 417M | |
| R-Value | 0.72 | |
| Mean Square Error | 8679.7T | |
| R-Squared | 0.51 | |
| Significance | 0 | |
| Slope | 18,293,800 | |
| Total Sum of Squares | 266737.7T |
Economic Operating Income History
About Economic Investment Financial Statements
Economic Investment investors utilize fundamental indicators, such as Operating Income, to predict how Economic 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 | 353.5 M | 371.2 M |
Pair Trading with Economic Investment
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 Economic Investment 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 Economic Investment will appreciate offsetting losses from the drop in the long position's value.Moving together with Economic Stock
| 0.7 | ENB-PFV | Enbridge Pref 5 Earnings Call This Week | PairCorr |
| 0.66 | ENB-PFC | Enbridge Pref 11 Earnings Call This Week | PairCorr |
| 0.79 | ENB-PFU | Enbridge Pref L Earnings Call This Week | PairCorr |
Moving against Economic Stock
| 0.87 | ORC-A | Orca Energy Group | PairCorr |
| 0.74 | ENS-PA | E Split Corp | PairCorr |
| 0.67 | SAGE | Sage Potash Corp | PairCorr |
| 0.45 | RCI-A | Rogers Communications | PairCorr |
| 0.42 | MTLO | Martello Technologies Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Economic Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Economic Investment 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 Economic Investment - 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 Economic Investment Trust to buy it.
The correlation of Economic Investment 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 Economic Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Economic Investment Trust 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 Economic Investment 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 Economic Stock
Economic Investment financial ratios help investors to determine whether Economic 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 Economic with respect to the benefits of owning Economic Investment security.