Pan Operating Income from 2010 to 2026
| PAAS Stock | CAD 85.07 6.03 7.63% |
Operating Income | First Reported 1995-03-31 | Previous Quarter 243.9 M | Current Value 249.7 M | Quarterly Volatility 116.8 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 690.3 M, Interest Expense of 31 M or Total Revenue of 3.4 B, as well as many indicators such as Price To Sales Ratio of 5.87, Dividend Yield of 0.013 or PTB Ratio of 2.56. Pan financial statements analysis is a perfect complement when working with Pan American Valuation or Volatility modules.
Pan | Operating Income |
Latest Pan American's Operating Income Growth Pattern
Below is the plot of the Operating Income of Pan American Silver over the last few years. Operating Income is the amount of profit realized from Pan American Silver 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 Pan American Silver 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. Pan American's Operating Income 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.
| Operating Income | 10 Years Trend |
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Operating Income |
| Timeline |
Pan Operating Income Regression Statistics
| Arithmetic Mean | 126,670,015 | |
| Geometric Mean | 167,634,248 | |
| Coefficient Of Variation | 268.54 | |
| Mean Deviation | 249,605,424 | |
| Median | 172,499,000 | |
| Standard Deviation | 340,161,491 | |
| Sample Variance | 115709.8T | |
| Range | 1.3B | |
| R-Value | 0.56 | |
| Mean Square Error | 84208.3T | |
| R-Squared | 0.32 | |
| Significance | 0.02 | |
| Slope | 37,970,360 | |
| Total Sum of Squares | 1851357.4T |
Pan Operating Income History
About Pan American Financial Statements
Pan American investors utilize fundamental indicators, such as Operating Income, 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 | ||
| Operating Income | 610.3 M | 640.8 M |
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
| 0.94 | AG | First Majestic Silver | PairCorr |
| 0.76 | IE | Ivanhoe Energy | PairCorr |
| 0.94 | ORE | Orezone Gold Corp | PairCorr |
| 0.82 | FDR | Flinders Resources | PairCorr |
| 0.88 | FDY | Faraday Copper Corp | PairCorr |
Moving against Pan Stock
| 0.72 | RCI-A | Rogers Communications Earnings Call This Week | PairCorr |
| 0.63 | DII-A | Dorel Industries ClA | PairCorr |
| 0.56 | ORC-A | Orca Energy Group | PairCorr |
| 0.52 | AML | Argus Metals Corp | PairCorr |
| 0.5 | INFM | Infinico Metals Corp | PairCorr |
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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.