PrairieSky Total Revenue from 2010 to 2026
| PSK Stock | CAD 29.82 0.01 0.03% |
Total Revenue | First Reported 2013-03-31 | Previous Quarter 114.8 M | Current Value 111.7 M | Quarterly Volatility 41.5 M |
Check PrairieSky Royalty financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PrairieSky Royalty's main balance sheet or income statement drivers, such as Depreciation And Amortization of 128.3 M, Selling General Administrative of 30.9 M or Total Revenue of 349.3 M, as well as many indicators such as Price To Sales Ratio of 19.46, Dividend Yield of 0.0377 or PTB Ratio of 3.88. PrairieSky financial statements analysis is a perfect complement when working with PrairieSky Royalty Valuation or Volatility modules.
PrairieSky | Total Revenue |
Evaluating PrairieSky Royalty's Total Revenue 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 PrairieSky Royalty's fundamental strength.
Latest PrairieSky Royalty's Total Revenue Growth Pattern
Below is the plot of the Total Revenue of PrairieSky Royalty over the last few years. Total revenue comprises all receipts PrairieSky Royalty generated from the sale of its products or services. It is the total amount of income generated by the sale of goods or services related to the company's primary operations. PrairieSky Royalty's Total Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in PrairieSky Royalty's overall financial position and show how it may be relating to other accounts over time.
| Total Revenue | 10 Years Trend |
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Total Revenue |
| Timeline |
PrairieSky Total Revenue Regression Statistics
| Arithmetic Mean | 306,610,656 | |
| Geometric Mean | 283,771,742 | |
| Coefficient Of Variation | 42.90 | |
| Mean Deviation | 105,606,966 | |
| Median | 252,578,000 | |
| Standard Deviation | 131,548,822 | |
| Sample Variance | 17305.1T | |
| Range | 459.6M | |
| R-Value | 0.67 | |
| Mean Square Error | 10257.1T | |
| R-Squared | 0.44 | |
| Significance | 0 | |
| Slope | 17,364,685 | |
| Total Sum of Squares | 276881.5T |
PrairieSky Total Revenue History
About PrairieSky Royalty Financial Statements
PrairieSky Royalty investors utilize fundamental indicators, such as Total Revenue, to predict how PrairieSky 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 | ||
| Total Revenue | 478.2 M | 349.3 M |
Pair Trading with PrairieSky Royalty
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 PrairieSky Royalty 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 PrairieSky Royalty will appreciate offsetting losses from the drop in the long position's value.Moving together with PrairieSky Stock
Moving against PrairieSky Stock
| 0.64 | SAGE | Sage Potash Corp | PairCorr |
| 0.53 | ENS-PA | E Split Corp | PairCorr |
| 0.44 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.4 | AMZN | Amazon CDR | PairCorr |
The ability to find closely correlated positions to PrairieSky Royalty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PrairieSky Royalty 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 PrairieSky Royalty - 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 PrairieSky Royalty to buy it.
The correlation of PrairieSky Royalty 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 PrairieSky Royalty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PrairieSky Royalty 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 PrairieSky Royalty 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 PrairieSky Stock
PrairieSky Royalty financial ratios help investors to determine whether PrairieSky 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 PrairieSky with respect to the benefits of owning PrairieSky Royalty security.