Galaxy Net Income Applicable To Common Shares from 2010 to 2026
| GLXY Stock | CAD 27.86 1.17 4.03% |
Net Loss | First Reported 2018-06-30 | Previous Quarter 60.4 M | Current Value -68.8 M | Quarterly Volatility 99.3 M |
Check Galaxy Digital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Galaxy Digital's main balance sheet or income statement drivers, such as Interest Expense of 81.4 M, Selling General Administrative of 3.9 M or Other Operating Expenses of 73.4 B, as well as many indicators such as Price To Sales Ratio of 0.0546, Dividend Yield of 0.0 or PTB Ratio of 3.17. Galaxy financial statements analysis is a perfect complement when working with Galaxy Digital Valuation or Volatility modules.
Galaxy | Net Income Applicable To Common Shares |
Evaluating Galaxy Digital'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 Galaxy Digital Holdings's fundamental strength.
Latest Galaxy Digital's Net Income Applicable To Common Shares Growth Pattern
Below is the plot of the Net Income Applicable To Common Shares of Galaxy Digital Holdings over the last few years. It is the net income that remains after preferred dividends have been deducted, available to common shareholders. Galaxy Digital's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Galaxy Digital'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 |
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Net Income Applicable To Common Shares |
| Timeline |
Galaxy Net Income Applicable To Common Shares Regression Statistics
| Arithmetic Mean | (126,454,376) | |
| Coefficient Of Variation | (212.93) | |
| Mean Deviation | 218,719,693 | |
| Median | (135,550) | |
| Standard Deviation | 269,256,666 | |
| Sample Variance | 72499.2T | |
| Range | 924.8M | |
| R-Value | (0.62) | |
| Mean Square Error | 47882.2T | |
| R-Squared | 0.38 | |
| Significance | 0.01 | |
| Slope | (32,904,874) | |
| Total Sum of Squares | 1159986.4T |
Galaxy Net Income Applicable To Common Shares History
About Galaxy Digital Financial Statements
Galaxy Digital investors utilize fundamental indicators, such as Net Income Applicable To Common Shares, to predict how Galaxy 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 Loss | -470.4 M | -446.9 M |
Pair Trading with Galaxy Digital
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 Galaxy Digital 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 Galaxy Digital will appreciate offsetting losses from the drop in the long position's value.Moving together with Galaxy Stock
Moving against Galaxy Stock
The ability to find closely correlated positions to Galaxy Digital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Galaxy Digital 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 Galaxy Digital - 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 Galaxy Digital Holdings to buy it.
The correlation of Galaxy Digital 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 Galaxy Digital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Galaxy Digital Holdings 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 Galaxy Digital 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 Galaxy Digital Correlation against competitors. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.