Spring Operating Income from 2010 to 2024
| SVIIR Stock | USD 0.07 0.01 12.38% |
Operating Income | First Reported 2010-12-31 | Previous Quarter -875.5 K | Current Value -831.7 K | Quarterly Volatility 296 K |
Check Spring Valley financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Spring Valley's main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.4 M, Selling General Administrative of 919.2 K or Other Operating Expenses of 919.2 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.3. Spring financial statements analysis is a perfect complement when working with Spring Valley Valuation or Volatility modules.
Spring |
Latest Spring Valley's Operating Income Growth Pattern
Below is the plot of the Operating Income of Spring Valley Acquisition over the last few years. Operating Income is the amount of profit realized from Spring Valley Acquisition 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 Spring Valley Acquisition 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. Spring Valley's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Spring Valley'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 |
Spring Operating Income Regression Statistics
| Arithmetic Mean | (140,366) | |
| Coefficient Of Variation | (210.87) | |
| Mean Deviation | 204,699 | |
| Median | (12,429) | |
| Standard Deviation | 295,991 | |
| Sample Variance | 87.6B | |
| Range | 863K | |
| R-Value | (0.65) | |
| Mean Square Error | 54.1B | |
| R-Squared | 0.43 | |
| Significance | 0.01 | |
| Slope | (43,203) | |
| Total Sum of Squares | 1.2T |
Spring Operating Income History
About Spring Valley Financial Statements
Spring Valley shareholders use historical fundamental indicators, such as Operating Income, to determine how well the company is positioned to perform in the future. Although Spring Valley investors may analyze each financial statement separately, they are all interrelated. The changes in Spring Valley's assets and liabilities, for example, are also reflected in the revenues and expenses on on Spring Valley's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Operating Income | -875.5 K | -831.7 K |
Pair Trading with Spring Valley
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 Spring Valley 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 Spring Valley will appreciate offsetting losses from the drop in the long position's value.Moving together with Spring Stock
| 0.71 | VVPR | VivoPower International Tech Boost | PairCorr |
Moving against Spring Stock
| 0.7 | UZE | United States Cellular | PairCorr |
| 0.58 | NI | NiSource | PairCorr |
| 0.54 | AY | Atlantica Sustainable | PairCorr |
| 0.54 | CDZIP | Cadiz Depositary Shares | PairCorr |
| 0.53 | D | Dominion Energy | PairCorr |
The ability to find closely correlated positions to Spring Valley could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Spring Valley 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 Spring Valley - 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 Spring Valley Acquisition to buy it.
The correlation of Spring Valley 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 Spring Valley moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Spring Valley Acquisition 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 Spring Valley 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.Additional Tools for Spring Stock Analysis
When running Spring Valley's price analysis, check to measure Spring Valley's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Spring Valley is operating at the current time. Most of Spring Valley's value examination focuses on studying past and present price action to predict the probability of Spring Valley's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spring Valley's price. Additionally, you may evaluate how the addition of Spring Valley to your portfolios can decrease your overall portfolio volatility.