Fortuna Operating Income from 2010 to 2026
| FVI Stock | CAD 16.77 1.82 12.17% |
Operating Income | First Reported 2003-12-31 | Previous Quarter 154.6 M | Current Value 121.4 M | Quarterly Volatility 29.1 M |
Check Fortuna Silver financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fortuna Silver's main balance sheet or income statement drivers, such as Interest Expense of 26.3 M, Other Operating Expenses of 619.8 M or Operating Income of 388.3 M, as well as many indicators such as Price To Sales Ratio of 3.62, Dividend Yield of 0.0 or PTB Ratio of 1.89. Fortuna financial statements analysis is a perfect complement when working with Fortuna Silver Valuation or Volatility modules.
Fortuna | Operating Income |
Evaluating Fortuna Silver'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 Fortuna Silver Mines's fundamental strength.
Latest Fortuna Silver's Operating Income Growth Pattern
Below is the plot of the Operating Income of Fortuna Silver Mines over the last few years. Operating Income is the amount of profit realized from Fortuna Silver Mines 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 Fortuna Silver Mines 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. Fortuna Silver's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fortuna Silver'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 |
Fortuna Operating Income Regression Statistics
| Arithmetic Mean | 96,749,599 | |
| Geometric Mean | 29,060,897 | |
| Coefficient Of Variation | 125.43 | |
| Mean Deviation | 88,188,554 | |
| Median | 53,279,000 | |
| Standard Deviation | 121,357,729 | |
| Sample Variance | 14727.7T | |
| Range | 397.9M | |
| R-Value | 0.73 | |
| Mean Square Error | 7340.9T | |
| R-Squared | 0.53 | |
| Significance | 0.0009 | |
| Slope | 17,540,528 | |
| Total Sum of Squares | 235643.2T |
Fortuna Operating Income History
About Fortuna Silver Financial Statements
Fortuna Silver investors utilize fundamental indicators, such as Operating Income, to predict how Fortuna 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 | 369.8 M | 388.3 M |
Pair Trading with Fortuna Silver
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 Fortuna Silver 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 Fortuna Silver will appreciate offsetting losses from the drop in the long position's value.Moving together with Fortuna Stock
| 0.91 | AG | First Majestic Silver | PairCorr |
| 0.73 | IE | Ivanhoe Energy Earnings Call This Week | PairCorr |
| 0.81 | ORE | Orezone Gold Corp | PairCorr |
| 0.8 | FDY | Faraday Copper Corp | PairCorr |
Moving against Fortuna Stock
| 0.58 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.58 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.53 | AAPL | Apple CDR | PairCorr |
| 0.53 | AAPL | Apple Inc CDR | PairCorr |
| 0.46 | MSFT | Microsoft Corp CDR | PairCorr |
The ability to find closely correlated positions to Fortuna Silver could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fortuna Silver 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 Fortuna Silver - 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 Fortuna Silver Mines to buy it.
The correlation of Fortuna Silver 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 Fortuna Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fortuna Silver Mines 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 Fortuna Silver 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 Fortuna Silver Correlation against competitors. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.