South Net Income Per Share from 2010 to 2026
| SOBO Stock | 43.86 0.05 0.11% |
Net Income Per Share | First Reported 2010-12-31 | Previous Quarter 1.75 | Current Value 2 | Quarterly Volatility 0.16933321 |
Check South Bow financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among South Bow's main balance sheet or income statement drivers, such as Tax Provision of 88.8 M, Interest Income of 240.3 M or Depreciation And Amortization of 269.5 M, as well as many indicators such as Price To Sales Ratio of 2.56, Dividend Yield of 0.0198 or PTB Ratio of 1.42. South financial statements analysis is a perfect complement when working with South Bow Valuation or Volatility modules.
South |
Evaluating South Bow's Net Income Per Share 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 South Bow's fundamental strength.
Latest South Bow's Net Income Per Share Growth Pattern
Below is the plot of the Net Income Per Share of South Bow over the last few years. It is South Bow's Net Income Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in South Bow's overall financial position and show how it may be relating to other accounts over time.
| Net Income Per Share | 10 Years Trend |
|
Net Income Per Share |
| Timeline |
South Net Income Per Share Regression Statistics
| Arithmetic Mean | 2.06 | |
| Geometric Mean | 2.06 | |
| Coefficient Of Variation | 8.21 | |
| Mean Deviation | 0.11 | |
| Median | 2.13 | |
| Standard Deviation | 0.17 | |
| Sample Variance | 0.03 | |
| Range | 0.6099 | |
| R-Value | (0.54) | |
| Mean Square Error | 0.02 | |
| R-Squared | 0.29 | |
| Significance | 0.03 | |
| Slope | (0.02) | |
| Total Sum of Squares | 0.46 |
South Net Income Per Share History
About South Bow Financial Statements
South Bow investors utilize fundamental indicators, such as Net Income Per Share, to predict how South 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 Per Share | 1.75 | 2.00 |
Pair Trading with South Bow
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 South Bow 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 South Bow will appreciate offsetting losses from the drop in the long position's value.Moving together with South Stock
| 0.92 | ENB | Enbridge | PairCorr |
| 0.67 | ENB-PY | Enbridge Pref 3 | PairCorr |
| 0.75 | ENB-PP | Enbridge Srs P | PairCorr |
| 0.72 | ENB-PJ | Enbridge Pref 7 | PairCorr |
| 0.93 | TRP | TC Energy Corp | PairCorr |
Moving against South Stock
| 0.7 | CSU | Constellation Software | PairCorr |
| 0.57 | WSP | WSP Global | PairCorr |
| 0.47 | FFH | Fairfax Financial | PairCorr |
| 0.47 | CLS | Celestica | PairCorr |
| 0.47 | IFC | Intact Financial | PairCorr |
The ability to find closely correlated positions to South Bow could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace South Bow 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 South Bow - 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 South Bow to buy it.
The correlation of South Bow 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 South Bow moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if South Bow 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 South Bow 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.Check out the analysis of South Bow Correlation against competitors. To learn how to invest in South Stock, please use our How to Invest in South Bow guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.