SunOpta Net Income from 2010 to 2026
| SOY Stock | CAD 5.19 0.01 0.19% |
Net Loss | First Reported 1990-03-31 | Previous Quarter 4.4 M | Current Value 816 K | Quarterly Volatility 20.7 M |
Check SunOpta financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SunOpta's main balance sheet or income statement drivers, such as Depreciation And Amortization of 44.1 M, Interest Expense of 31.8 M or Selling General Administrative of 56.9 M, as well as many indicators such as Price To Sales Ratio of 1.36, Dividend Yield of 4.0E-4 or PTB Ratio of 7.3. SunOpta financial statements analysis is a perfect complement when working with SunOpta Valuation or Volatility modules.
SunOpta | Net Income |
Latest SunOpta's Net Income Growth Pattern
Below is the plot of the Net Income of SunOpta over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in SunOpta financial statement analysis. It represents the amount of money remaining after all of SunOpta operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is SunOpta's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SunOpta's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported (11.47 M) | 10 Years Trend |
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Net Income |
| Timeline |
SunOpta Net Income Regression Statistics
| Arithmetic Mean | (33,754,534) | |
| Coefficient Of Variation | (165.58) | |
| Mean Deviation | 41,533,097 | |
| Median | (15,653,700) | |
| Standard Deviation | 55,891,136 | |
| Sample Variance | 3123.8T | |
| Range | 203M | |
| R-Value | (0.28) | |
| Mean Square Error | 3067.3T | |
| R-Squared | 0.08 | |
| Significance | 0.27 | |
| Slope | (3,120,032) | |
| Total Sum of Squares | 49981.1T |
SunOpta Net Income History
About SunOpta Financial Statements
SunOpta investors utilize fundamental indicators, such as Net Income, to predict how SunOpta 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 Loss | -10.3 M | -10.8 M | |
| Net Loss | -13.2 M | -13.9 M | |
| Net Loss | -16.1 M | -16.9 M | |
| Net Loss | (0.17) | (0.18) | |
| Net Income Per E B T | 1.56 | 1.00 |
Pair Trading with SunOpta
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 SunOpta 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 SunOpta will appreciate offsetting losses from the drop in the long position's value.Moving against SunOpta Stock
| 0.67 | CCA | Cogeco Communications Earnings Call This Week | PairCorr |
| 0.65 | KTO | K2 Gold | PairCorr |
| 0.59 | GMG | Graphene Manufacturing | PairCorr |
| 0.5 | MGM | Maple Gold Mines | PairCorr |
| 0.44 | VM | Voyageur Pharmaceuticals | PairCorr |
The ability to find closely correlated positions to SunOpta could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SunOpta 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 SunOpta - 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 SunOpta to buy it.
The correlation of SunOpta 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 SunOpta moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SunOpta 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 SunOpta 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 SunOpta Correlation against competitors. To learn how to invest in SunOpta Stock, please use our How to Invest in SunOpta guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.