North Net Income Applicable To Common Shares from 2010 to 2026
| NWC Stock | CAD 54.73 0.04 0.07% |
Net Income Applicable To Common Shares | First Reported 2017-01-31 | Previous Quarter 36.1 M | Current Value 40.1 M | Quarterly Volatility 11.7 M |
Check North West financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among North West's main balance sheet or income statement drivers, such as Depreciation And Amortization of 139.6 M, Interest Expense of 22.6 M or Total Revenue of 3.1 B, as well as many indicators such as Price To Sales Ratio of 0.54, Dividend Yield of 0.0372 or PTB Ratio of 2.22. North financial statements analysis is a perfect complement when working with North West Valuation or Volatility modules.
North | Net Income Applicable To Common Shares |
Evaluating North West'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 North West's fundamental strength.
Latest North West's Net Income Applicable To Common Shares Growth Pattern
Below is the plot of the Net Income Applicable To Common Shares of North West over the last few years. It is the net income that remains after preferred dividends have been deducted, available to common shareholders. North West's Net Income Applicable To Common Shares historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in North West'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 |
North Net Income Applicable To Common Shares Regression Statistics
| Arithmetic Mean | 97,312,710 | |
| Geometric Mean | 91,618,126 | |
| Coefficient Of Variation | 36.46 | |
| Mean Deviation | 31,731,777 | |
| Median | 82,724,000 | |
| Standard Deviation | 35,475,997 | |
| Sample Variance | 1258.5T | |
| Range | 95M | |
| R-Value | 0.84 | |
| Mean Square Error | 390T | |
| R-Squared | 0.71 | |
| Significance | 0.000022 | |
| Slope | 5,917,437 | |
| Total Sum of Squares | 20136.7T |
North Net Income Applicable To Common Shares History
About North West Financial Statements
North West investors utilize fundamental indicators, such as Net Income Applicable To Common Shares, to predict how North 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 Applicable To Common Shares | 157.9 M | 109.5 M |
Pair Trading with North West
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 North West 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 North West will appreciate offsetting losses from the drop in the long position's value.Moving against North Stock
| 0.84 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.84 | MSFT | Microsoft CDR | PairCorr |
| 0.56 | AMZN | Amazon CDR | PairCorr |
| 0.56 | AMZN | Amazon CDR | PairCorr |
The ability to find closely correlated positions to North West could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace North West 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 North West - 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 North West to buy it.
The correlation of North West 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 North West moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if North West 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 North West 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 North Stock
North West financial ratios help investors to determine whether North 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 North with respect to the benefits of owning North West security.