Auxly Operating Income from 2010 to 2026
| XLY Stock | CAD 0.13 0.01 8.33% |
Operating Income | First Reported 1997-09-30 | Previous Quarter 10 M | Current Value 14 M | Quarterly Volatility 5.7 M |
Check Auxly Cannabis financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Auxly Cannabis' main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.4 M, Interest Expense of 18.2 M or Total Revenue of 147.7 M, as well as many indicators such as Price To Sales Ratio of 0.34, Dividend Yield of 0.0 or PTB Ratio of 0.36. Auxly financial statements analysis is a perfect complement when working with Auxly Cannabis Valuation or Volatility modules.
Auxly | Operating Income |
Evaluating Auxly Cannabis'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 Auxly Cannabis Group's fundamental strength.
Latest Auxly Cannabis' Operating Income Growth Pattern
Below is the plot of the Operating Income of Auxly Cannabis Group over the last few years. Operating Income is the amount of profit realized from Auxly Cannabis Group 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 Auxly Cannabis Group 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. Auxly Cannabis' Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Auxly Cannabis' 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 |
Auxly Operating Income Regression Statistics
| Arithmetic Mean | (14,596,938) | |
| Geometric Mean | 2,456,579 | |
| Coefficient Of Variation | (177.68) | |
| Mean Deviation | 22,107,165 | |
| Median | 17,450 | |
| Standard Deviation | 25,935,251 | |
| Sample Variance | 672.6T | |
| Range | 75.8M | |
| R-Value | (0.13) | |
| Mean Square Error | 705.5T | |
| R-Squared | 0.02 | |
| Significance | 0.62 | |
| Slope | (662,485) | |
| Total Sum of Squares | 10762.2T |
Auxly Operating Income History
About Auxly Cannabis Financial Statements
Auxly Cannabis investors utilize fundamental indicators, such as Operating Income, to predict how Auxly 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 | 13.2 M | 13.9 M |
Pair Trading with Auxly Cannabis
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 Auxly Cannabis 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 Auxly Cannabis will appreciate offsetting losses from the drop in the long position's value.Moving together with Auxly Stock
Moving against Auxly Stock
| 0.88 | HLF | High Liner Foods | PairCorr |
| 0.85 | MU | Micron Technology | PairCorr |
| 0.85 | MDM | Madoro Metals Corp | PairCorr |
| 0.83 | NAR | North Arrow Minerals | PairCorr |
| 0.79 | IFA | iFabric Corp | PairCorr |
The ability to find closely correlated positions to Auxly Cannabis could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Auxly Cannabis 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 Auxly Cannabis - 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 Auxly Cannabis Group to buy it.
The correlation of Auxly Cannabis 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 Auxly Cannabis moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Auxly Cannabis Group 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 Auxly Cannabis 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 Auxly Stock
Auxly Cannabis financial ratios help investors to determine whether Auxly 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 Auxly with respect to the benefits of owning Auxly Cannabis security.