Polaris Operating Income from 2010 to 2026
| PIF Stock | CAD 12.41 0.11 0.89% |
Operating Income | First Reported 2001-03-31 | Previous Quarter 7.8 M | Current Value 8.4 M | Quarterly Volatility 4.9 M |
Check Polaris Infrastructure financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Polaris Infrastructure's main balance sheet or income statement drivers, such as Depreciation And Amortization of 35.5 M, Interest Expense of 23.6 M or Selling General Administrative of 5.6 M, as well as many indicators such as Price To Sales Ratio of 2.85, Dividend Yield of 0.0418 or PTB Ratio of 0.72. Polaris financial statements analysis is a perfect complement when working with Polaris Infrastructure Valuation or Volatility modules.
Polaris | Operating Income |
Latest Polaris Infrastructure's Operating Income Growth Pattern
Below is the plot of the Operating Income of Polaris Infrastructure over the last few years. Operating Income is the amount of profit realized from Polaris Infrastructure 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 Polaris Infrastructure 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. Polaris Infrastructure's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Polaris Infrastructure'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 |
Polaris Operating Income Regression Statistics
| Arithmetic Mean | 15,374,634 | |
| Geometric Mean | 12,001,974 | |
| Coefficient Of Variation | 126.05 | |
| Mean Deviation | 14,284,165 | |
| Median | 19,450,000 | |
| Standard Deviation | 19,380,120 | |
| Sample Variance | 375.6T | |
| Range | 85.7M | |
| R-Value | 0.58 | |
| Mean Square Error | 266.2T | |
| R-Squared | 0.34 | |
| Significance | 0.01 | |
| Slope | 2,223,376 | |
| Total Sum of Squares | 6009.4T |
Polaris Operating Income History
About Polaris Infrastructure Financial Statements
Polaris Infrastructure investors utilize fundamental indicators, such as Operating Income, to predict how Polaris 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 | 22.4 M | 23.5 M |
Pair Trading with Polaris Infrastructure
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 Polaris Infrastructure 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 Polaris Infrastructure will appreciate offsetting losses from the drop in the long position's value.Moving together with Polaris Stock
Moving against Polaris Stock
| 0.89 | QBR-A | Quebecor | PairCorr |
| 0.65 | AX-UN | Artis Real Estate | PairCorr |
| 0.58 | KTO | K2 Gold | PairCorr |
| 0.56 | TNR | TNR Gold Corp | PairCorr |
| 0.52 | CCA | Cogeco Communications Earnings Call Today | PairCorr |
The ability to find closely correlated positions to Polaris Infrastructure could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Polaris Infrastructure 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 Polaris Infrastructure - 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 Polaris Infrastructure to buy it.
The correlation of Polaris Infrastructure 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 Polaris Infrastructure moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Polaris Infrastructure 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 Polaris Infrastructure 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 Polaris Stock
Polaris Infrastructure financial ratios help investors to determine whether Polaris 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 Polaris with respect to the benefits of owning Polaris Infrastructure security.