Russel Net Income Applicable To Common Shares from 2010 to 2026
| RUS Stock | CAD 48.25 0.31 0.64% |
Net Income Applicable To Common Shares | First Reported 2016-12-31 | Previous Quarter 60.4 M | Current Value 35 M | Quarterly Volatility 36.8 M |
Check Russel Metals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Russel Metals' main balance sheet or income statement drivers, such as Depreciation And Amortization of 92.6 M, Interest Expense of 17.2 M or Total Revenue of 2.9 B, as well as many indicators such as Price To Sales Ratio of 0.29, Dividend Yield of 0.041 or PTB Ratio of 1.05. Russel financial statements analysis is a perfect complement when working with Russel Metals Valuation or Volatility modules.
Russel | Net Income Applicable To Common Shares |
Evaluating Russel Metals's Net Income Applicable To Common Shares 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 Russel Metals's fundamental strength.
Latest Russel Metals' Net Income Applicable To Common Shares Growth Pattern
Below is the plot of the Net Income Applicable To Common Shares of Russel Metals over the last few years. It is the net income that remains after preferred dividends have been deducted, available to common shareholders. Russel Metals' Net Income Applicable To Common Shares historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Russel Metals' 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 |
Russel Net Income Applicable To Common Shares Regression Statistics
| Arithmetic Mean | 144,860,588 | |
| Coefficient Of Variation | 86.81 | |
| Mean Deviation | 93,200,692 | |
| Median | 123,500,000 | |
| Standard Deviation | 125,749,794 | |
| Sample Variance | 15813T | |
| Range | 519.8M | |
| R-Value | 0.51 | |
| Mean Square Error | 12408.4T | |
| R-Squared | 0.26 | |
| Significance | 0.03 | |
| Slope | 12,803,407 | |
| Total Sum of Squares | 253008.2T |
Russel Net Income Applicable To Common Shares History
About Russel Metals Financial Statements
Russel Metals investors utilize fundamental indicators, such as Net Income Applicable To Common Shares, to predict how Russel 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 | ||
| Net Income Applicable To Common Shares | 185.2 M | 170.3 M |
Pair Trading with Russel Metals
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 Russel Metals 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 Russel Metals will appreciate offsetting losses from the drop in the long position's value.Moving together with Russel Stock
Moving against Russel Stock
| 0.64 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.64 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.64 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.64 | MSFT | Microsoft CDR | PairCorr |
The ability to find closely correlated positions to Russel Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Russel Metals 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 Russel Metals - 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 Russel Metals to buy it.
The correlation of Russel Metals 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 Russel Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Russel Metals 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 Russel Metals 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 Russel Stock
Russel Metals financial ratios help investors to determine whether Russel 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 Russel with respect to the benefits of owning Russel Metals security.