Finning Net Income From Continuing Ops from 2010 to 2026
| FTT Stock | CAD 88.90 2.57 2.98% |
Net Income From Continuing Ops | First Reported 2016-12-31 | Previous Quarter 126 M | Current Value 154 M | Quarterly Volatility 40.9 M |
Check Finning International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Finning International's main balance sheet or income statement drivers, such as Depreciation And Amortization of 185 M, Interest Expense of 193.2 M or Selling General Administrative of 20.8 M, as well as many indicators such as Price To Sales Ratio of 0.49, Dividend Yield of 0.0168 or PTB Ratio of 1.7. Finning financial statements analysis is a perfect complement when working with Finning International Valuation or Volatility modules.
Finning | Net Income From Continuing Ops |
Evaluating Finning International's Net Income From Continuing Ops 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 Finning International's fundamental strength.
Latest Finning International's Net Income From Continuing Ops Growth Pattern
Below is the plot of the Net Income From Continuing Ops of Finning International over the last few years. It is Finning International's Net Income From Continuing Ops historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Finning International's overall financial position and show how it may be relating to other accounts over time.
| Net Income From Continuing Ops | 10 Years Trend |
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Net Income From Continuing Ops |
| Timeline |
Finning Net Income From Continuing Ops Regression Statistics
| Arithmetic Mean | 310,136,375 | |
| Coefficient Of Variation | 57.30 | |
| Mean Deviation | 121,241,912 | |
| Median | 335,255,000 | |
| Standard Deviation | 177,720,095 | |
| Sample Variance | 31584.4T | |
| Range | 742.9M | |
| R-Value | 0.43 | |
| Mean Square Error | 27546.3T | |
| R-Squared | 0.18 | |
| Significance | 0.09 | |
| Slope | 15,029,061 | |
| Total Sum of Squares | 505350.9T |
Finning Net Income From Continuing Ops History
About Finning International Financial Statements
Finning International investors utilize fundamental indicators, such as Net Income From Continuing Ops, to predict how Finning 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 From Continuing Ops | 581.9 M | 309.4 M |
Pair Trading with Finning International
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 Finning International 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 Finning International will appreciate offsetting losses from the drop in the long position's value.Moving together with Finning Stock
Moving against Finning Stock
| 0.75 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.75 | MSFT | Microsoft CDR | PairCorr |
| 0.69 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.69 | BRK | Berkshire Hathaway CDR | PairCorr |
The ability to find closely correlated positions to Finning International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Finning International 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 Finning International - 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 Finning International to buy it.
The correlation of Finning International 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 Finning International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Finning International 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 Finning International 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 Finning Stock
Finning International financial ratios help investors to determine whether Finning 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 Finning with respect to the benefits of owning Finning International security.