STLLR Operating Income from 2010 to 2026
| STLR Stock | 1.60 0.01 0.62% |
Operating Income | First Reported 2010-12-31 | Previous Quarter -24.8 M | Current Value -23.6 M | Quarterly Volatility 9.6 M |
Check STLLR Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among STLLR Gold's main balance sheet or income statement drivers, such as Other Operating Expenses of 33.3 M, Total Operating Expenses of 33.3 M or Total Other Income Expense Net of 585.6 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 0.77. STLLR financial statements analysis is a perfect complement when working with STLLR Gold Valuation or Volatility modules.
STLLR | Operating Income |
Latest STLLR Gold's Operating Income Growth Pattern
Below is the plot of the Operating Income of STLLR Gold over the last few years. Operating Income is the amount of profit realized from STLLR 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 STLLR 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. STLLR Gold's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in STLLR 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 |
STLLR Operating Income Regression Statistics
| Arithmetic Mean | (10,426,970) | |
| Coefficient Of Variation | (92.36) | |
| Mean Deviation | 8,608,558 | |
| Median | (3,972,530) | |
| Standard Deviation | 9,629,967 | |
| Sample Variance | 92.7T | |
| Range | 24.5M | |
| R-Value | (0.87) | |
| Mean Square Error | 24.3T | |
| R-Squared | 0.75 | |
| Slope | (1,656,413) | |
| Total Sum of Squares | 1483.8T |
STLLR Operating Income History
About STLLR Gold Financial Statements
STLLR Gold investors utilize fundamental indicators, such as Operating Income, to predict how STLLR 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 | -24.8 M | -23.6 M |
Pair Trading with STLLR 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 STLLR 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 STLLR Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with STLLR Stock
| 0.75 | ABX | Barrick Gold Corp | PairCorr |
| 0.79 | WPM | Wheaton Precious Metals | PairCorr |
| 0.68 | FNV | Franco Nevada | PairCorr |
| 0.72 | K | Kinross Gold Corp | PairCorr |
The ability to find closely correlated positions to STLLR 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 STLLR 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 STLLR 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 STLLR Gold to buy it.
The correlation of STLLR 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 STLLR Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if STLLR 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 STLLR 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 STLLR Stock
STLLR Gold financial ratios help investors to determine whether STLLR 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 STLLR with respect to the benefits of owning STLLR Gold security.