Pan Net Income Applicable To Common Shares from 2010 to 2026
| PAAS Stock | CAD 93.58 1.21 1.31% |
Net Income Applicable To Common Shares | First Reported 1997-12-31 | Previous Quarter 168.6 M | Current Value 451.5 M | Quarterly Volatility 108.5 M |
Check Pan American financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pan American's main balance sheet or income statement drivers, such as Depreciation And Amortization of 558.8 M, Interest Expense of 31.5 M or Total Revenue of 3.9 B, as well as many indicators such as Price To Sales Ratio of 5.87, Dividend Yield of 0.0126 or PTB Ratio of 2.57. Pan financial statements analysis is a perfect complement when working with Pan American Valuation or Volatility modules.
Pan | Net Income Applicable To Common Shares |
Evaluating Pan American'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 Pan American Silver's fundamental strength.
Latest Pan American's Net Income Applicable To Common Shares Growth Pattern
Below is the plot of the Net Income Applicable To Common Shares of Pan American Silver over the last few years. It is the net income that remains after preferred dividends have been deducted, available to common shareholders. Pan American'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 Pan American'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 |
Pan Net Income Applicable To Common Shares Regression Statistics
| Arithmetic Mean | (15,721,882) | |
| Geometric Mean | 215,436,412 | |
| Coefficient Of Variation | (2,919) | |
| Mean Deviation | 338,272,346 | |
| Median | 10,294,000 | |
| Standard Deviation | 458,878,462 | |
| Sample Variance | 210569.4T | |
| Range | 1.6B | |
| R-Value | 0.78 | |
| Mean Square Error | 89672.5T | |
| R-Squared | 0.60 | |
| Significance | 0.0003 | |
| Slope | 70,433,238 | |
| Total Sum of Squares | 3369111.1T |
Pan Net Income Applicable To Common Shares History
About Pan American Financial Statements
Pan American investors utilize fundamental indicators, such as Net Income Applicable To Common Shares, to predict how Pan 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 | 978 M | 1 B |
Pair Trading with Pan American
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 Pan American 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 Pan American will appreciate offsetting losses from the drop in the long position's value.Moving together with Pan Stock
| 0.95 | AG | First Majestic Silver | PairCorr |
| 0.7 | IE | Ivanhoe Energy | PairCorr |
| 0.88 | ORE | Orezone Gold Corp | PairCorr |
| 0.88 | FDY | Faraday Copper Corp | PairCorr |
Moving against Pan Stock
The ability to find closely correlated positions to Pan American could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pan American 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 Pan American - 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 Pan American Silver to buy it.
The correlation of Pan American 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 Pan American moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pan American Silver 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 Pan American 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 Pan American Correlation against competitors. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.