Velan Net Income Applicable To Common Shares from 2010 to 2026
| VLN Stock | CAD 14.75 0.15 1.03% |
Net Loss | First Reported 2017-02-28 | Previous Quarter -2.4 M | Current Value 3 M | Quarterly Volatility 20.6 M |
Check Velan financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Velan's main balance sheet or income statement drivers, such as Depreciation And Amortization of 11.1 M, Interest Expense of 7.1 M or Selling General Administrative of 70 M, as well as many indicators such as Price To Sales Ratio of 1.0, Dividend Yield of 0.0051 or PTB Ratio of 1.47. Velan financial statements analysis is a perfect complement when working with Velan Valuation or Volatility modules.
Velan | Net Income Applicable To Common Shares |
Evaluating Velan's Net Income Applicable To Common Shares 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 Velan Inc's fundamental strength.
Latest Velan's Net Income Applicable To Common Shares Growth Pattern
Below is the plot of the Net Income Applicable To Common Shares of Velan Inc over the last few years. It is the net income that remains after preferred dividends have been deducted, available to common shareholders. Velan's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Velan's overall financial position and show how it may be relating to other accounts over time.
| Net Income Applicable To Common Shares | 10 Years Trend |
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Net Income Applicable To Common Shares |
| Timeline |
Velan Net Income Applicable To Common Shares Regression Statistics
| Arithmetic Mean | (7,844,697) | |
| Geometric Mean | 17,687,711 | |
| Coefficient Of Variation | (438.99) | |
| Mean Deviation | 27,170,938 | |
| Median | 2,867,000 | |
| Standard Deviation | 34,437,643 | |
| Sample Variance | 1186T | |
| Range | 104.9M | |
| R-Value | (0.82) | |
| Mean Square Error | 422.5T | |
| R-Squared | 0.67 | |
| Significance | 0.000065 | |
| Slope | (5,565,387) | |
| Total Sum of Squares | 18975.2T |
Velan Net Income Applicable To Common Shares History
About Velan Financial Statements
Velan investors utilize fundamental indicators, such as Net Income Applicable To Common Shares, to predict how Velan 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 | ||
| Net Loss | -19.7 M | -20.7 M |
Pair Trading with Velan
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 Velan 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 Velan will appreciate offsetting losses from the drop in the long position's value.Moving against Velan Stock
| 0.73 | CRE | Critical Elements | PairCorr |
| 0.56 | MRC | Morguard | PairCorr |
| 0.46 | NA-PG | National Bank | PairCorr |
| 0.45 | INO-UN | Inovalis Real Estate | PairCorr |
| 0.44 | PPL-PA | Pembina Pipeline Corp | PairCorr |
The ability to find closely correlated positions to Velan could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Velan 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 Velan - 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 Velan Inc to buy it.
The correlation of Velan 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 Velan moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Velan Inc 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 Velan 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 Velan Stock
Velan financial ratios help investors to determine whether Velan 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 Velan with respect to the benefits of owning Velan security.