Sherritt International Stock Net Income
| S Stock | CAD 0.17 0.01 5.56% |
As of the 5th of March, Sherritt International has the Semi Deviation of 5.03, risk adjusted performance of 0.0549, and Coefficient Of Variation of 1631.4. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sherritt International, as well as the relationship between them.
Sherritt International Total Revenue |
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Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 2.1792 | Revenue |
| Last Reported | Projected for Next Year | ||
| Net Loss | -65.4 M | -68.7 M | |
| Net Loss | -65.4 M | -68.7 M | |
| Net Loss | -65.7 M | -69 M | |
| Net Loss | (0.14) | (0.13) | |
| Net Income Per E B T | 1.05 | 0.89 |
Sherritt | Net Income |
Evaluating Sherritt International's Net 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 Sherritt International's fundamental strength.
Latest Sherritt International's Net Income Growth Pattern
Below is the plot of the Net Income of Sherritt International over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Sherritt International financial statement analysis. It represents the amount of money remaining after all of Sherritt International operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Sherritt International's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sherritt International's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported (65.4 M) | 10 Years Trend |
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Net Income |
| Timeline |
Sherritt Net Income Regression Statistics
| Arithmetic Mean | (210,875,588) | |
| Geometric Mean | 123,290,659 | |
| Coefficient Of Variation | (251.91) | |
| Mean Deviation | 319,555,536 | |
| Median | (65,700,000) | |
| Standard Deviation | 531,217,279 | |
| Sample Variance | 282191.8T | |
| Range | 2.4B | |
| R-Value | 0.17 | |
| Mean Square Error | 292498.6T | |
| R-Squared | 0.03 | |
| Significance | 0.52 | |
| Slope | 17,683,873 | |
| Total Sum of Squares | 4515068.8T |
Sherritt Net Income History
Sherritt Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Sherritt International is extremely important. It helps to project a fair market value of Sherritt Stock properly, considering its historical fundamentals such as Net Income. Since Sherritt International's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Sherritt International's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Sherritt International's interrelated accounts and indicators.
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Sherritt International 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Sherritt International's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Sherritt International.
| 12/05/2025 |
| 03/05/2026 |
If you would invest 0.00 in Sherritt International on December 5, 2025 and sell it all today you would earn a total of 0.00 from holding Sherritt International or generate 0.0% return on investment in Sherritt International over 90 days. Sherritt International is related to or competes with Canadian North, Skyharbour Resources, Atlas Salt, Neo Battery, Nevada King, Leading Edge, and PetroTal Corp. Sherritt International Corporation engages in the mining, refining, and sale of nickel and cobalt from lateritic ores pr... More
Sherritt International Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Sherritt International's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Sherritt International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.34 | |||
| Information Ratio | 0.054 | |||
| Maximum Drawdown | 37.23 | |||
| Value At Risk | (9.52) | |||
| Potential Upside | 11.76 |
Sherritt International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sherritt International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sherritt International's standard deviation. In reality, there are many statistical measures that can use Sherritt International historical prices to predict the future Sherritt International's volatility.| Risk Adjusted Performance | 0.0549 | |||
| Jensen Alpha | 0.2925 | |||
| Total Risk Alpha | 0.0864 | |||
| Sortino Ratio | 0.0447 | |||
| Treynor Ratio | 0.1777 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sherritt International's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Sherritt International March 5, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0549 | |||
| Market Risk Adjusted Performance | 0.1877 | |||
| Mean Deviation | 4.39 | |||
| Semi Deviation | 5.03 | |||
| Downside Deviation | 7.34 | |||
| Coefficient Of Variation | 1631.4 | |||
| Standard Deviation | 6.07 | |||
| Variance | 36.86 | |||
| Information Ratio | 0.054 | |||
| Jensen Alpha | 0.2925 | |||
| Total Risk Alpha | 0.0864 | |||
| Sortino Ratio | 0.0447 | |||
| Treynor Ratio | 0.1777 | |||
| Maximum Drawdown | 37.23 | |||
| Value At Risk | (9.52) | |||
| Potential Upside | 11.76 | |||
| Downside Variance | 53.84 | |||
| Semi Variance | 25.26 | |||
| Expected Short fall | (6.67) | |||
| Skewness | (0.03) | |||
| Kurtosis | 1.56 |
Sherritt International Backtested Returns
Sherritt International appears to be out of control, given 3 months investment horizon. Sherritt International owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0643, which indicates the firm had a 0.0643 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Sherritt International, which you can use to evaluate the volatility of the company. Please review Sherritt International's Coefficient Of Variation of 1631.4, semi deviation of 5.03, and Risk Adjusted Performance of 0.0549 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sherritt International holds a performance score of 5. The entity has a beta of 2.04, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Sherritt International will likely underperform. Please check Sherritt International's total risk alpha and the relationship between the potential upside and period momentum indicator , to make a quick decision on whether Sherritt International's existing price patterns will revert.
Auto-correlation | -0.91 |
Near perfect reversele predictability
Sherritt International has near perfect reversele predictability. Overlapping area represents the amount of predictability between Sherritt International time series from 5th of December 2025 to 19th of January 2026 and 19th of January 2026 to 5th of March 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Sherritt International price movement. The serial correlation of -0.91 indicates that approximately 91.0% of current Sherritt International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.91 | |
| Spearman Rank Test | -0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Sherritt Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Sherritt International reported net income of (65.4 Million). This is much higher than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The net income for all Canada stocks is 111.45% higher than that of the company.
Sherritt Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sherritt International's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Sherritt International could also be used in its relative valuation, which is a method of valuing Sherritt International by comparing valuation metrics of similar companies.Sherritt International is currently under evaluation in net income category among its peers.
Sherritt Fundamentals
| Return On Equity | -0.13 | ||||
| Return On Asset | -0.0145 | ||||
| Profit Margin | (0.43) % | ||||
| Operating Margin | 0.14 % | ||||
| Current Valuation | 386.37 M | ||||
| Shares Outstanding | 496.29 M | ||||
| Shares Owned By Insiders | 8.40 % | ||||
| Shares Owned By Institutions | 14.17 % | ||||
| Number Of Shares Shorted | 192.73 K | ||||
| Price To Earning | 0.31 X | ||||
| Price To Book | 0.16 X | ||||
| Price To Sales | 0.46 X | ||||
| Revenue | 177.3 M | ||||
| Gross Profit | 13.2 M | ||||
| EBITDA | (16 M) | ||||
| Net Income | (65.4 M) | ||||
| Cash And Equivalents | 200 K | ||||
| Cash Per Share | 0.43 X | ||||
| Total Debt | 323.6 M | ||||
| Debt To Equity | 1.23 % | ||||
| Current Ratio | 0.44 X | ||||
| Book Value Per Share | 1.08 X | ||||
| Cash Flow From Operations | 21 M | ||||
| Short Ratio | 0.72 X | ||||
| Earnings Per Share | (0.12) X | ||||
| Price To Earnings To Growth | 1.20 X | ||||
| Target Price | 0.2 | ||||
| Beta | 1.03 | ||||
| Market Capitalization | 62.04 M | ||||
| Total Asset | 1.23 B | ||||
| Retained Earnings | (3.04 B) | ||||
| Working Capital | (10 M) | ||||
| Current Asset | 820.4 M | ||||
| Current Liabilities | 212.1 M | ||||
| Five Year Return | 1.58 % | ||||
| Net Asset | 1.23 B |
About Sherritt International Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sherritt International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sherritt International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sherritt International based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Sherritt International
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 Sherritt International 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 Sherritt International will appreciate offsetting losses from the drop in the long position's value.Moving together with Sherritt Stock
Moving against Sherritt Stock
The ability to find closely correlated positions to Sherritt International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sherritt International 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 Sherritt International - 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 Sherritt International to buy it.
The correlation of Sherritt International 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 Sherritt International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sherritt International 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 Sherritt International 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 Sherritt Stock
Sherritt International financial ratios help investors to determine whether Sherritt 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 Sherritt with respect to the benefits of owning Sherritt International security.