Taseko Operating Income from 2010 to 2026
| TKO Stock | CAD 10.92 0.40 3.80% |
Operating Income | First Reported 1989-12-31 | Previous Quarter 28.9 M | Current Value 84.4 M | Quarterly Volatility 18 M |
Check Taseko Mines financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Taseko Mines' main balance sheet or income statement drivers, such as Interest Expense of 82.3 M, Total Revenue of 706.8 M or Gross Profit of 148.5 M, as well as many indicators such as Price To Sales Ratio of 3.84, Dividend Yield of 0.0 or PTB Ratio of 3.67. Taseko financial statements analysis is a perfect complement when working with Taseko Mines Valuation or Volatility modules.
Taseko | Operating Income |
Evaluating Taseko Mines'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 Taseko Mines's fundamental strength.
Latest Taseko Mines' Operating Income Growth Pattern
Below is the plot of the Operating Income of Taseko Mines over the last few years. Operating Income is the amount of profit realized from Taseko Mines 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 Taseko Mines 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. Taseko Mines' Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Taseko Mines' 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 |
Taseko Operating Income Regression Statistics
| Arithmetic Mean | 45,176,758 | |
| Geometric Mean | 25,607,501 | |
| Coefficient Of Variation | 149.76 | |
| Mean Deviation | 56,417,764 | |
| Median | 28,529,000 | |
| Standard Deviation | 67,657,527 | |
| Sample Variance | 4577.5T | |
| Range | 244.8M | |
| R-Value | 0.58 | |
| Mean Square Error | 3262T | |
| R-Squared | 0.33 | |
| Significance | 0.02 | |
| Slope | 7,719,095 | |
| Total Sum of Squares | 73240.7T |
Taseko Operating Income History
About Taseko Mines Financial Statements
Taseko Mines investors utilize fundamental indicators, such as Operating Income, to predict how Taseko 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 | 108.3 M | 113.7 M |
Pair Trading with Taseko Mines
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 Taseko Mines 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 Taseko Mines will appreciate offsetting losses from the drop in the long position's value.Moving together with Taseko Stock
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| 0.91 | FDY | Faraday Copper Corp | PairCorr |
Moving against Taseko Stock
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| 0.63 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.62 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.52 | AAPL | Apple CDR | PairCorr |
The ability to find closely correlated positions to Taseko Mines could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Taseko Mines 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 Taseko Mines - 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 Taseko Mines to buy it.
The correlation of Taseko Mines 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 Taseko Mines moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Taseko Mines 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 Taseko Mines 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 Taseko Mines Correlation against competitors. To learn how to invest in Taseko Stock, please use our How to Invest in Taseko Mines guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.