Mullen Net Income Per Share from 2010 to 2026
| MTL Stock | CAD 17.20 0.38 2.26% |
Net Income Per Share | First Reported 2010-12-31 | Previous Quarter 1.15 | Current Value 0.66 | Quarterly Volatility 0.59301775 |
Check Mullen Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mullen Group's main balance sheet or income statement drivers, such as Depreciation And Amortization of 158.1 M, Interest Expense of 58.3 M or Selling General Administrative of 526.7 M, as well as many indicators such as Price To Sales Ratio of 0.7, Dividend Yield of 0.0352 or PTB Ratio of 1.38. Mullen financial statements analysis is a perfect complement when working with Mullen Group Valuation or Volatility modules.
Mullen | Net Income Per Share |
Evaluating Mullen Group's Net Income Per Share 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 Mullen Group's fundamental strength.
Latest Mullen Group's Net Income Per Share Growth Pattern
Below is the plot of the Net Income Per Share of Mullen Group over the last few years. It is Mullen Group's Net Income Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mullen Group's overall financial position and show how it may be relating to other accounts over time.
| Net Income Per Share | 10 Years Trend |
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Net Income Per Share |
| Timeline |
Mullen Net Income Per Share Regression Statistics
| Arithmetic Mean | 0.90 | |
| Coefficient Of Variation | 66.02 | |
| Mean Deviation | 0.49 | |
| Median | 0.75 | |
| Standard Deviation | 0.59 | |
| Sample Variance | 0.35 | |
| Range | 2.1191 | |
| R-Value | 0.06 | |
| Mean Square Error | 0.37 | |
| R-Squared | 0 | |
| Significance | 0.81 | |
| Slope | 0.01 | |
| Total Sum of Squares | 5.63 |
Mullen Net Income Per Share History
About Mullen Group Financial Statements
Mullen Group investors utilize fundamental indicators, such as Net Income Per Share, to predict how Mullen 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 Income Per Share | 1.15 | 0.66 |
Pair Trading with Mullen Group
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 Mullen Group 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 Mullen Group will appreciate offsetting losses from the drop in the long position's value.Moving together with Mullen Stock
Moving against Mullen Stock
The ability to find closely correlated positions to Mullen Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mullen Group 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 Mullen Group - 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 Mullen Group to buy it.
The correlation of Mullen Group 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 Mullen Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mullen Group 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 Mullen Group 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 Mullen Stock
Mullen Group financial ratios help investors to determine whether Mullen 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 Mullen with respect to the benefits of owning Mullen Group security.