First Net Income Applicable To Common Shares from 2010 to 2026
| FM Stock | CAD 39.19 0.70 1.82% |
Net Income Applicable To Common Shares | First Reported 2016-12-31 | Previous Quarter 18 M | Current Value -48 M | Quarterly Volatility 143.7 M |
Check First Quantum financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Quantum's main balance sheet or income statement drivers, such as Depreciation And Amortization of 452.5 M, Interest Expense of 1.1 B or Selling General Administrative of 178.7 M, as well as many indicators such as Price To Sales Ratio of 2.44, Dividend Yield of 0.0199 or PTB Ratio of 1.02. First financial statements analysis is a perfect complement when working with First Quantum Valuation or Volatility modules.
First | Net Income Applicable To Common Shares |
Evaluating First Quantum's Net Income Applicable To Common Shares 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 First Quantum Minerals's fundamental strength.
Latest First Quantum's Net Income Applicable To Common Shares Growth Pattern
Below is the plot of the Net Income Applicable To Common Shares of First Quantum Minerals over the last few years. It is the net income that remains after preferred dividends have been deducted, available to common shareholders. First Quantum's Net Income Applicable To Common Shares historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Quantum's overall financial position and show how it may be relating to other accounts over time.
| Net Income Applicable To Common Shares | 10 Years Trend |
|
Net Income Applicable To Common Shares |
| Timeline |
First Net Income Applicable To Common Shares Regression Statistics
| Arithmetic Mean | 172,582,941 | |
| Geometric Mean | 145,622,432 | |
| Coefficient Of Variation | 299.74 | |
| Mean Deviation | 423,027,820 | |
| Median | 2,000,000 | |
| Standard Deviation | 517,304,987 | |
| Sample Variance | 267604.4T | |
| Range | 2B | |
| R-Value | (0.28) | |
| Mean Square Error | 262359T | |
| R-Squared | 0.08 | |
| Significance | 0.27 | |
| Slope | (29,133,137) | |
| Total Sum of Squares | 4281671.2T |
First Net Income Applicable To Common Shares History
About First Quantum Financial Statements
First Quantum investors utilize fundamental indicators, such as Net Income Applicable To Common Shares, to predict how First 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 | ||
| Net Income Applicable To Common Shares | 1.8 M | 1.7 M |
Pair Trading with First Quantum
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 First Quantum 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 First Quantum will appreciate offsetting losses from the drop in the long position's value.Moving together with First Stock
| 0.93 | AG | First Majestic Silver | PairCorr |
| 0.95 | IE | Ivanhoe Energy | PairCorr |
| 0.91 | ORE | Orezone Gold Corp | PairCorr |
| 0.67 | FDR | Flinders Resources | PairCorr |
| 0.95 | FDY | Faraday Copper Corp | PairCorr |
Moving against First Stock
| 0.71 | MSFT | Microsoft CDR | PairCorr |
| 0.71 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.69 | AAPL | Apple CDR | PairCorr |
| 0.69 | AAPL | Apple Inc CDR | PairCorr |
The ability to find closely correlated positions to First Quantum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Quantum 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 First Quantum - 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 First Quantum Minerals to buy it.
The correlation of First Quantum 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 First Quantum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Quantum Minerals 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 First Quantum 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 First Stock
First Quantum financial ratios help investors to determine whether First 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 First with respect to the benefits of owning First Quantum security.