Steppe Operating Income from 2010 to 2026
| STGO Stock | CAD 1.97 0.04 2.07% |
Operating Income | First Reported 2016-12-31 | Previous Quarter 13.6 M | Current Value 12.8 M | Quarterly Volatility 6.1 M |
Check Steppe Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Steppe Gold's main balance sheet or income statement drivers, such as Tax Provision of 22.7 M, Interest Income of 9 M or Depreciation And Amortization of 21.1 M, as well as many indicators such as Price To Sales Ratio of 0.49, Dividend Yield of 0.6 or PTB Ratio of 0.8. Steppe financial statements analysis is a perfect complement when working with Steppe Gold Valuation or Volatility modules.
Steppe | Operating Income |
Evaluating Steppe Gold's Operating Income 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 Steppe Gold's fundamental strength.
Latest Steppe Gold's Operating Income Growth Pattern
Below is the plot of the Operating Income of Steppe Gold over the last few years. Operating Income is the amount of profit realized from Steppe Gold operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Steppe Gold is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Steppe Gold's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Steppe Gold's overall financial position and show how it may be relating to other accounts over time.
| Operating Income | 10 Years Trend |
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Operating Income |
| Timeline |
Steppe Operating Income Regression Statistics
| Arithmetic Mean | 18,964,128 | |
| Geometric Mean | 6,800,966 | |
| Coefficient Of Variation | 203.51 | |
| Mean Deviation | 28,452,547 | |
| Median | (1,974,936) | |
| Standard Deviation | 38,594,173 | |
| Sample Variance | 1489.5T | |
| Range | 113.7M | |
| R-Value | 0.76 | |
| Mean Square Error | 675.8T | |
| R-Squared | 0.57 | |
| Significance | 0.0004 | |
| Slope | 5,793,521 | |
| Total Sum of Squares | 23832.2T |
Steppe Operating Income History
About Steppe Gold Financial Statements
Steppe Gold investors utilize fundamental indicators, such as Operating Income, to predict how Steppe 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 | ||
| Operating Income | 99.8 M | 104.8 M |
Pair Trading with Steppe Gold
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 Steppe Gold 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 Steppe Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with Steppe Stock
| 0.85 | AG | First Majestic Silver | PairCorr |
| 0.85 | IE | Ivanhoe Energy Earnings Call This Week | PairCorr |
| 0.81 | ORE | Orezone Gold Corp | PairCorr |
| 0.79 | FDY | Faraday Copper Corp | PairCorr |
Moving against Steppe Stock
| 0.75 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.75 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.58 | AAPL | Apple CDR | PairCorr |
| 0.58 | AAPL | Apple Inc CDR | PairCorr |
The ability to find closely correlated positions to Steppe Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Steppe Gold 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 Steppe Gold - 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 Steppe Gold to buy it.
The correlation of Steppe Gold 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 Steppe Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Steppe Gold 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 Steppe Gold 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 Steppe Stock
Steppe Gold financial ratios help investors to determine whether Steppe 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 Steppe with respect to the benefits of owning Steppe Gold security.