New Operating Income from 2010 to 2026
| NUAG Stock | CAD 5.62 0.51 9.98% |
Operating Income | First Reported 2002-06-30 | Previous Quarter -1.8 M | Current Value -2 M | Quarterly Volatility 677 K |
Check New Pacific financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among New Pacific's main balance sheet or income statement drivers, such as Depreciation And Amortization of 243.1 K, Interest Expense of 951 K or Selling General Administrative of 6.9 M, as well as many indicators such as Price To Sales Ratio of 564, Dividend Yield of 0.0 or PTB Ratio of 4.73. New financial statements analysis is a perfect complement when working with New Pacific Valuation or Volatility modules.
New | Operating Income |
Evaluating New Pacific's Operating Income 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 New Pacific Metals's fundamental strength.
Latest New Pacific's Operating Income Growth Pattern
Below is the plot of the Operating Income of New Pacific Metals over the last few years. Operating Income is the amount of profit realized from New Pacific Metals 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 New Pacific Metals 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. New Pacific's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in New Pacific'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 |
New Operating Income Regression Statistics
| Arithmetic Mean | (4,182,277) | |
| Coefficient Of Variation | (76.05) | |
| Mean Deviation | 2,896,670 | |
| Median | (3,104,000) | |
| Standard Deviation | 3,180,574 | |
| Sample Variance | 10.1T | |
| Range | 9.4M | |
| R-Value | (0.89) | |
| Mean Square Error | 2.3T | |
| R-Squared | 0.79 | |
| Slope | (558,335) | |
| Total Sum of Squares | 161.9T |
New Operating Income History
About New Pacific Financial Statements
New Pacific investors utilize fundamental indicators, such as Operating Income, to predict how New 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 | -8.1 M | -7.7 M |
Pair Trading with New Pacific
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 New Pacific 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 New Pacific will appreciate offsetting losses from the drop in the long position's value.Moving together with New Stock
| 0.83 | AG | First Majestic Silver | PairCorr |
| 0.81 | IE | Ivanhoe Energy Earnings Call This Week | PairCorr |
| 0.73 | ORE | Orezone Gold Corp | PairCorr |
| 0.8 | FDY | Faraday Copper Corp | PairCorr |
Moving against New Stock
| 0.69 | DRT | DIRTT Environmental Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to New Pacific could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace New Pacific 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 New Pacific - 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 New Pacific Metals to buy it.
The correlation of New Pacific 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 New Pacific moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if New Pacific Metals 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 New Pacific 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 New Pacific Correlation against competitors. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.