Richards Net Income Applicable To Common Shares from 2010 to 2026
| RPI-UN Stock | CAD 28.60 0.10 0.35% |
Net Income Applicable To Common Shares | First Reported 2016-12-31 | Previous Quarter -17.6 M | Current Value 13.2 M | Quarterly Volatility 7.4 M |
Check Richards Packaging financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Richards Packaging's main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.9 M, Total Revenue of 295.5 M or Gross Profit of 50.6 M, as well as many indicators such as Price To Sales Ratio of 0.68, Dividend Yield of 0.085 or PTB Ratio of 1.76. Richards financial statements analysis is a perfect complement when working with Richards Packaging Valuation or Volatility modules.
Richards | Net Income Applicable To Common Shares |
Analyzing Richards Packaging's Net Income Applicable To Common Shares over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Net Income Applicable To Common Shares has evolved provides context for assessing Richards Packaging's current valuation and future prospects.
Latest Richards Packaging's Net Income Applicable To Common Shares Growth Pattern
Below is the plot of the Net Income Applicable To Common Shares of Richards Packaging Income over the last few years. It is the net income that remains after preferred dividends have been deducted, available to common shareholders. Richards Packaging'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 Richards Packaging'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 |
Richards Net Income Applicable To Common Shares Regression Statistics
| Arithmetic Mean | 10,106,205 | |
| Geometric Mean | 6,007,427 | |
| Coefficient Of Variation | 123.00 | |
| Mean Deviation | 8,542,467 | |
| Median | 4,957,000 | |
| Standard Deviation | 12,430,770 | |
| Sample Variance | 154.5T | |
| Range | 48.1M | |
| R-Value | (0.03) | |
| Mean Square Error | 164.7T | |
| R-Squared | 0.001 | |
| Significance | 0.91 | |
| Slope | (75,900) | |
| Total Sum of Squares | 2472.4T |
Richards Net Income Applicable To Common Shares History
About Richards Packaging Financial Statements
Richards Packaging stakeholders use historical fundamental indicators, such as Richards Packaging's Net Income Applicable To Common Shares, to determine how well the company is positioned to perform in the future. Although Richards Packaging investors may analyze each financial statement separately, they are all interrelated. For example, changes in Richards Packaging's assets and liabilities are reflected in the revenues and expenses on Richards Packaging's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Richards Packaging Income. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Income Applicable To Common Shares | 2.4 M | 2.3 M |
Pair Trading with Richards Packaging
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 Richards Packaging 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 Richards Packaging will appreciate offsetting losses from the drop in the long position's value.Moving against Richards Stock
The ability to find closely correlated positions to Richards Packaging could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Richards Packaging 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 Richards Packaging - 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 Richards Packaging Income to buy it.
The correlation of Richards Packaging 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 Richards Packaging moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Richards Packaging 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 Richards Packaging 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 Richards Stock
Richards Packaging financial ratios help investors to determine whether Richards 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 Richards with respect to the benefits of owning Richards Packaging security.