Meren Net Income Applicable To Common Shares from 2010 to 2026
| MER Stock | 2.13 0.04 1.84% |
Net Loss | First Reported 2010-12-31 | Previous Quarter -251.2 M | Current Value -238.6 M | Quarterly Volatility 88.9 M |
Check Meren Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Meren Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 68 K, Other Operating Expenses of 340.3 M or EBITDA of 28.2 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0237 or PTB Ratio of 1.1. Meren financial statements analysis is a perfect complement when working with Meren Energy Valuation or Volatility modules.
Meren | Net Income Applicable To Common Shares |
Evaluating Meren Energy'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 Meren Energy's fundamental strength.
Latest Meren Energy's Net Income Applicable To Common Shares Growth Pattern
Below is the plot of the Net Income Applicable To Common Shares of Meren Energy over the last few years. It is the net income that remains after preferred dividends have been deducted, available to common shareholders. Meren Energy's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Meren Energy'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 |
Meren Net Income Applicable To Common Shares Regression Statistics
| Arithmetic Mean | (86,218,853) | |
| Geometric Mean | 79,514,971 | |
| Coefficient Of Variation | (103.10) | |
| Mean Deviation | 60,031,052 | |
| Median | (60,300,000) | |
| Standard Deviation | 88,889,180 | |
| Sample Variance | 7901.3T | |
| Range | 366.2M | |
| R-Value | (0.46) | |
| Mean Square Error | 6606.7T | |
| R-Squared | 0.22 | |
| Significance | 0.06 | |
| Slope | (8,183,025) | |
| Total Sum of Squares | 126420.6T |
Meren Net Income Applicable To Common Shares History
About Meren Energy Financial Statements
Meren Energy investors utilize fundamental indicators, such as Net Income Applicable To Common Shares, to predict how Meren 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 | -251.2 M | -238.6 M |
Pair Trading with Meren Energy
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 Meren Energy 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 Meren Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Meren Stock
| 0.76 | CNQ | Canadian Natural Res | PairCorr |
| 0.82 | OXY | Occidental Petroleum | PairCorr |
| 0.74 | WCP | Whitecap Resources | PairCorr |
Moving against Meren Stock
The ability to find closely correlated positions to Meren Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Meren Energy 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 Meren Energy - 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 Meren Energy to buy it.
The correlation of Meren Energy 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 Meren Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Meren Energy 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 Meren Energy 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 Meren Energy Correlation against competitors. To learn how to invest in Meren Stock, please use our How to Invest in Meren Energy guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.