Labrador Operating Income from 2010 to 2026
| LIF Stock | CAD 31.10 0.20 0.64% |
Operating Income | First Reported 1999-03-31 | Previous Quarter 35 M | Current Value 32.9 M | Quarterly Volatility 17.7 M |
Check Labrador Iron financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Labrador Iron's main balance sheet or income statement drivers, such as Depreciation And Amortization of 82.6 M, Interest Expense of 588.9 K or Selling General Administrative of 2.5 M, as well as many indicators such as Price To Sales Ratio of 19.14, Dividend Yield of 0.0554 or PTB Ratio of 4.38. Labrador financial statements analysis is a perfect complement when working with Labrador Iron Valuation or Volatility modules.
Labrador | Operating Income |
Latest Labrador Iron's Operating Income Growth Pattern
Below is the plot of the Operating Income of Labrador Iron Ore over the last few years. Operating Income is the amount of profit realized from Labrador Iron Ore 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 Labrador Iron Ore 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. Labrador Iron's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Labrador Iron'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 |
Labrador Operating Income Regression Statistics
| Arithmetic Mean | 150,458,492 | |
| Geometric Mean | 138,158,215 | |
| Coefficient Of Variation | 39.55 | |
| Mean Deviation | 49,119,907 | |
| Median | 132,168,798 | |
| Standard Deviation | 59,509,441 | |
| Sample Variance | 3541.4T | |
| Range | 229.1M | |
| R-Value | 0.71 | |
| Mean Square Error | 1861.5T | |
| R-Squared | 0.51 | |
| Significance | 0 | |
| Slope | 8,392,909 | |
| Total Sum of Squares | 56662T |
Labrador Operating Income History
About Labrador Iron Financial Statements
Labrador Iron investors utilize fundamental indicators, such as Operating Income, to predict how Labrador 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 | 227.9 M | 115.7 M |
Pair Trading with Labrador Iron
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 Labrador Iron 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 Labrador Iron will appreciate offsetting losses from the drop in the long position's value.Moving together with Labrador Stock
| 0.87 | AG | First Majestic Silver | PairCorr |
| 0.88 | ORE | Orezone Gold Corp | PairCorr |
| 0.86 | FDR | Flinders Resources Earnings Call Today | PairCorr |
| 0.82 | FDY | Faraday Copper Corp | PairCorr |
Moving against Labrador Stock
| 0.63 | AML | Argus Metals Corp | PairCorr |
| 0.51 | INFM | Infinico Metals Corp | PairCorr |
| 0.46 | MOX | Morien Resources Corp | PairCorr |
| 0.32 | URZ | Urz Energy Corp Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Labrador Iron could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Labrador Iron 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 Labrador Iron - 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 Labrador Iron Ore to buy it.
The correlation of Labrador Iron 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 Labrador Iron moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Labrador Iron Ore 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 Labrador Iron 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 Labrador Stock
Labrador Iron financial ratios help investors to determine whether Labrador 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 Labrador with respect to the benefits of owning Labrador Iron security.