URE Operating Income from 2010 to 2026
| URE Stock | CAD 2.16 0.01 0.46% |
Operating Income | First Reported 2006-03-31 | Previous Quarter -15.8 M | Current Value -19.8 M | Quarterly Volatility 5.1 M |
Check Ur Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ur Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.8 M, Interest Expense of 505.8 K or Selling General Administrative of 4.8 M, as well as many indicators such as Price To Sales Ratio of 9.27, Dividend Yield of 0.0 or PTB Ratio of 2.22. URE financial statements analysis is a perfect complement when working with Ur Energy Valuation or Volatility modules.
URE | Operating Income |
Evaluating Ur Energy'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 Ur Energy's fundamental strength.
Latest Ur Energy's Operating Income Growth Pattern
Below is the plot of the Operating Income of Ur Energy over the last few years. Operating Income is the amount of profit realized from Ur Energy 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 Ur Energy 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. Ur Energy's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ur Energy'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 |
URE Operating Income Regression Statistics
| Arithmetic Mean | (19,039,113) | |
| Geometric Mean | 8,841,920 | |
| Coefficient Of Variation | (108.88) | |
| Mean Deviation | 15,713,355 | |
| Median | (13,954,025) | |
| Standard Deviation | 20,729,458 | |
| Sample Variance | 429.7T | |
| Range | 64.5M | |
| R-Value | (0.70) | |
| Mean Square Error | 235.2T | |
| R-Squared | 0.49 | |
| Significance | 0 | |
| Slope | (2,864,525) | |
| Total Sum of Squares | 6875.4T |
URE Operating Income History
About Ur Energy Financial Statements
Ur Energy investors utilize fundamental indicators, such as Operating Income, to predict how URE 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 | -56.8 M | -53.9 M |
Pair Trading with Ur Energy
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 Ur Energy 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 Ur Energy will appreciate offsetting losses from the drop in the long position's value.Moving against URE Stock
The ability to find closely correlated positions to Ur Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ur Energy 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 Ur Energy - 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 Ur Energy to buy it.
The correlation of Ur Energy 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 Ur Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ur Energy 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 Ur Energy 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 Ur Energy Correlation against competitors. To learn how to invest in URE Stock, please use our How to Invest in Ur Energy guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.