McEwen Net Income Applicable To Common Shares from 2010 to 2026
| MUX Stock | CAD 31.77 3.26 9.31% |
Net Loss | First Reported 2016-12-31 | Previous Quarter -43.1 M | Current Value -21.6 M | Quarterly Volatility 19.3 M |
Check McEwen Mining financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among McEwen Mining's main balance sheet or income statement drivers, such as Depreciation And Amortization of 37.3 M, Interest Expense of 5.5 M or Selling General Administrative of 20.7 M, as well as many indicators such as Price To Sales Ratio of 2.48, Dividend Yield of 0.0046 or PTB Ratio of 0.87. McEwen financial statements analysis is a perfect complement when working with McEwen Mining Valuation or Volatility modules.
McEwen | Net Income Applicable To Common Shares |
Evaluating McEwen Mining'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 McEwen Mining's fundamental strength.
Latest McEwen Mining's Net Income Applicable To Common Shares Growth Pattern
Below is the plot of the Net Income Applicable To Common Shares of McEwen Mining over the last few years. It is the net income that remains after preferred dividends have been deducted, available to common shareholders. McEwen Mining's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in McEwen Mining'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 |
McEwen Net Income Applicable To Common Shares Regression Statistics
| Arithmetic Mean | (97,703,136) | |
| Geometric Mean | 75,086,732 | |
| Coefficient Of Variation | (78.16) | |
| Mean Deviation | 55,201,425 | |
| Median | (81,075,000) | |
| Standard Deviation | 76,367,595 | |
| Sample Variance | 5832T | |
| Range | 333M | |
| R-Value | 0.31 | |
| Mean Square Error | 5610.6T | |
| R-Squared | 0.1 | |
| Significance | 0.22 | |
| Slope | 4,736,377 | |
| Total Sum of Squares | 93312.2T |
McEwen Net Income Applicable To Common Shares History
About McEwen Mining Financial Statements
McEwen Mining investors utilize fundamental indicators, such as Net Income Applicable To Common Shares, to predict how McEwen 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 | -93.2 M | -97.9 M |
Pair Trading with McEwen Mining
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 McEwen Mining 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 McEwen Mining will appreciate offsetting losses from the drop in the long position's value.Moving together with McEwen Stock
| 0.96 | AG | First Majestic Silver | PairCorr |
| 0.9 | IE | Ivanhoe Energy | PairCorr |
| 0.97 | ORE | Orezone Gold Corp | PairCorr |
| 0.89 | FDY | Faraday Copper Corp | PairCorr |
Moving against McEwen Stock
| 0.73 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.73 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.67 | AAPL | Apple Inc CDR | PairCorr |
| 0.67 | AAPL | Apple CDR | PairCorr |
The ability to find closely correlated positions to McEwen Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace McEwen Mining 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 McEwen Mining - 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 McEwen Mining to buy it.
The correlation of McEwen Mining 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 McEwen Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if McEwen Mining 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 McEwen Mining 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 McEwen Mining Correlation against competitors. To learn how to invest in McEwen Stock, please use our How to Invest in McEwen Mining guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.