Premium Operating Income from 2010 to 2026
| PIC-A Stock | CAD 9.04 0.07 0.78% |
Operating Income | First Reported 2007-04-30 | Previous Quarter 42.7 M | Current Value 7.9 M | Quarterly Volatility 21.9 M |
Check Premium Income financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Premium Income's main balance sheet or income statement drivers, such as Total Revenue of 116.9 M, Gross Profit of 116.9 M or Other Operating Expenses of 4.1 M, as well as many indicators such as Price To Sales Ratio of 0.58, Dividend Yield of 0.14 or PTB Ratio of 0.75. Premium financial statements analysis is a perfect complement when working with Premium Income Valuation or Volatility modules.
Premium | Operating Income |
Latest Premium Income's Operating Income Growth Pattern
Below is the plot of the Operating Income of Premium Income over the last few years. Operating Income is the amount of profit realized from Premium Income 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 Premium Income 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. Premium Income's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Premium Income's overall financial position and show how it may be relating to other accounts over time.
| Operating Income | 10 Years Trend |
|
Operating Income |
| Timeline |
Premium Operating Income Regression Statistics
| Arithmetic Mean | 32,909,385 | |
| Coefficient Of Variation | 159.34 | |
| Mean Deviation | 43,517,603 | |
| Median | 20,490,698 | |
| Standard Deviation | 52,438,355 | |
| Sample Variance | 2749.8T | |
| Range | 157.1M | |
| R-Value | 0.46 | |
| Mean Square Error | 2314T | |
| R-Squared | 0.21 | |
| Significance | 0.06 | |
| Slope | 4,770,749 | |
| Total Sum of Squares | 43996.5T |
Premium Operating Income History
About Premium Income Financial Statements
Premium Income shareholders use historical fundamental indicators, such as Operating Income, to determine how well the company is positioned to perform in the future. Although Premium Income investors may analyze each financial statement separately, they are all interrelated. The changes in Premium Income's assets and liabilities, for example, are also reflected in the revenues and expenses on on Premium Income's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Operating Income | 106.3 M | 111.6 M |
Pair Trading with Premium Income
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 Premium Income 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 Premium Income will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Premium Income could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Premium Income 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 Premium Income - 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 Premium Income to buy it.
The correlation of Premium Income 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 Premium Income moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Premium Income 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 Premium Income 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.Additional Tools for Premium Stock Analysis
When running Premium Income's price analysis, check to measure Premium Income's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Premium Income is operating at the current time. Most of Premium Income's value examination focuses on studying past and present price action to predict the probability of Premium Income's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Premium Income's price. Additionally, you may evaluate how the addition of Premium Income to your portfolios can decrease your overall portfolio volatility.