Laramide Net Income from 2010 to 2026
| LAM Stock | CAD 0.76 0.03 4.11% |
Net Loss | First Reported 1997-03-31 | Previous Quarter -700.7 K | Current Value -1 M | Quarterly Volatility 1.8 M |
Check Laramide Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Laramide Resources' main balance sheet or income statement drivers, such as Depreciation And Amortization of 111.6 K, Interest Expense of 1.2 M or Selling General Administrative of 1.9 M, as well as many indicators such as Price To Sales Ratio of 804, Dividend Yield of 0.0 or PTB Ratio of 1.65. Laramide financial statements analysis is a perfect complement when working with Laramide Resources Valuation or Volatility modules.
Laramide | Net Income |
Evaluating Laramide Resources's Net 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 Laramide Resources's fundamental strength.
Latest Laramide Resources' Net Income Growth Pattern
Below is the plot of the Net Income of Laramide Resources over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Laramide Resources financial statement analysis. It represents the amount of money remaining after all of Laramide Resources operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Laramide Resources' Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Laramide Resources' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported (6.6 M) | 10 Years Trend |
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Net Income |
| Timeline |
Laramide Net Income Regression Statistics
| Arithmetic Mean | (4,747,912) | |
| Coefficient Of Variation | (58.93) | |
| Mean Deviation | 2,121,672 | |
| Median | (4,679,000) | |
| Standard Deviation | 2,798,058 | |
| Sample Variance | 7.8T | |
| Range | 9.5M | |
| R-Value | (0.1) | |
| Mean Square Error | 8.3T | |
| R-Squared | 0.01 | |
| Significance | 0.71 | |
| Slope | (53,832) | |
| Total Sum of Squares | 125.3T |
Laramide Net Income History
About Laramide Resources Financial Statements
Laramide Resources investors utilize fundamental indicators, such as Net Income, to predict how Laramide 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 | -5.9 M | -5.6 M | |
| Net Loss | -7.6 M | -8 M | |
| Net Loss | -7.6 M | -8 M | |
| Net Loss | (0.02) | (0.03) | |
| Net Income Per E B T | 0.88 | 0.79 |
Pair Trading with Laramide Resources
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 Laramide Resources 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 Laramide Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with Laramide Stock
| 0.66 | ENB-PFU | Enbridge Pref L Earnings Call This Week | PairCorr |
Moving against Laramide Stock
| 0.77 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.69 | ENS-PA | E Split Corp | PairCorr |
| 0.65 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.64 | MSFT | Microsoft CDR | PairCorr |
| 0.6 | AAPL | Apple CDR | PairCorr |
The ability to find closely correlated positions to Laramide Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Laramide Resources 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 Laramide Resources - 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 Laramide Resources to buy it.
The correlation of Laramide Resources 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 Laramide Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Laramide Resources 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 Laramide Resources 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 Laramide Stock
Laramide Resources financial ratios help investors to determine whether Laramide 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 Laramide with respect to the benefits of owning Laramide Resources security.