Greenland Net Income From Continuing Ops from 2010 to 2026
| MOLY Stock | 1.59 0.02 1.24% |
Net Loss | First Reported 2020-12-31 | Previous Quarter -1.2 M | Current Value -1.8 M | Quarterly Volatility 1.5 M |
Check Greenland Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Greenland Resources' main balance sheet or income statement drivers, such as Net Interest Income of 131.1 K, Interest Income of 131.1 K or Interest Expense of 0.0, as well as many indicators such as . Greenland financial statements analysis is a perfect complement when working with Greenland Resources Valuation or Volatility modules.
Greenland | Net Income From Continuing Ops |
Analyzing Greenland Resources's Net Income From Continuing Ops over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Net Income From Continuing Ops has evolved provides context for assessing Greenland Resources's current valuation and future prospects.
Latest Greenland Resources' Net Income From Continuing Ops Growth Pattern
Below is the plot of the Net Income From Continuing Ops of Greenland Resources over the last few years. It is Greenland Resources' Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Greenland Resources' overall financial position and show how it may be relating to other accounts over time.
| Net Income From Continuing Ops | 10 Years Trend |
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Net Income From Continuing Ops |
| Timeline |
Greenland Net Income From Continuing Ops Regression Statistics
| Arithmetic Mean | (2,554,121) | |
| Coefficient Of Variation | (66.41) | |
| Mean Deviation | 1,439,509 | |
| Median | (1,400,628) | |
| Standard Deviation | 1,696,302 | |
| Sample Variance | 2.9T | |
| Range | 5.1M | |
| R-Value | (0.72) | |
| Mean Square Error | 1.5T | |
| R-Squared | 0.52 | |
| Significance | 0 | |
| Slope | (241,912) | |
| Total Sum of Squares | 46T |
Greenland Net Income From Continuing Ops History
About Greenland Resources Financial Statements
Greenland Resources stakeholders use historical fundamental indicators, such as Greenland Resources' Net Income From Continuing Ops, to determine how well the company is positioned to perform in the future. Although Greenland Resources investors may analyze each financial statement separately, they are all interrelated. For example, changes in Greenland Resources' assets and liabilities are reflected in the revenues and expenses on Greenland Resources' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Greenland Resources. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Loss | -3.7 M | -3.8 M |
Pair Trading with Greenland 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 Greenland 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 Greenland Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with Greenland Stock
| 0.83 | AG | First Majestic Silver | PairCorr |
| 0.86 | IE | Ivanhoe Energy Earnings Call This Week | PairCorr |
| 0.8 | ORE | Orezone Gold Corp | PairCorr |
| 0.71 | FDY | Faraday Copper Corp | PairCorr |
Moving against Greenland Stock
The ability to find closely correlated positions to Greenland 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 Greenland 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 Greenland 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 Greenland Resources to buy it.
The correlation of Greenland 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 Greenland Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Greenland 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 Greenland 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 Greenland Stock
Greenland Resources financial ratios help investors to determine whether Greenland 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 Greenland with respect to the benefits of owning Greenland Resources security.