Velan Inc Stock Net Income
| VLN Stock | CAD 15.06 0.56 3.86% |
As of the 2nd of February, Velan has the Coefficient Of Variation of (11,706), risk adjusted performance of 0.0015, and Variance of 9.51. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Velan Inc, as well as the relationship between them.
Velan Total Revenue |
|
Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 0.791 | Revenue |
| Last Reported | Projected for Next Year | ||
| Net Loss | -19.7 M | -18.8 M | |
| Net Loss | -19.8 M | -18.8 M | |
| Net Loss | -19.7 M | -20.7 M | |
| Net Income Per Share | 0.56 | 0.59 | |
| Net Income Per E B T | 0.50 | 0.60 |
Velan | Net Income |
Evaluating Velan'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 Velan Inc's fundamental strength.
Latest Velan's Net Income Growth Pattern
Below is the plot of the Net Income of Velan Inc over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Velan Inc financial statement analysis. It represents the amount of money remaining after all of Velan Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is 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.
| View | Last Reported (67.45 M) | 10 Years Trend |
|
Net Income |
| Timeline |
Velan Net Income Regression Statistics
| Arithmetic Mean | (10,488,986) | |
| Geometric Mean | 13,447,767 | |
| Coefficient Of Variation | (298.57) | |
| Mean Deviation | 23,633,557 | |
| Median | 2,197,000 | |
| Standard Deviation | 31,317,156 | |
| Sample Variance | 980.8T | |
| Range | 104.9M | |
| R-Value | (0.73) | |
| Mean Square Error | 484.6T | |
| R-Squared | 0.54 | |
| Significance | 0.0008 | |
| Slope | (4,543,515) | |
| Total Sum of Squares | 15692.2T |
Velan Net Income History
Velan Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Velan is extremely important. It helps to project a fair market value of Velan Stock properly, considering its historical fundamentals such as Net Income. Since Velan'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 Velan'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 Velan's interrelated accounts and indicators.
Click cells to compare fundamentals
Velan '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 Velan'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 Velan.
| 11/04/2025 |
| 02/02/2026 |
If you would invest 0.00 in Velan on November 4, 2025 and sell it all today you would earn a total of 0.00 from holding Velan Inc or generate 0.0% return on investment in Velan over 90 days. Velan is related to or competes with Gatekeeper Systems, Firan Technology, Electrovaya, Reko International, PyroGenesis Canada, ADF, and Anaergia. Velan Inc. designs, manufactures, and markets industrial valves worldwide More
Velan 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 Velan'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 Velan Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 24.47 | |||
| Value At Risk | (2.78) | |||
| Potential Upside | 2.83 |
Velan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Velan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Velan's standard deviation. In reality, there are many statistical measures that can use Velan historical prices to predict the future Velan's volatility.| Risk Adjusted Performance | 0.0015 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.16) |
Velan February 2, 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 | 0.0015 | |||
| Market Risk Adjusted Performance | (0.15) | |||
| Mean Deviation | 1.61 | |||
| Coefficient Of Variation | (11,706) | |||
| Standard Deviation | 3.08 | |||
| Variance | 9.51 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.16) | |||
| Maximum Drawdown | 24.47 | |||
| Value At Risk | (2.78) | |||
| Potential Upside | 2.83 | |||
| Skewness | (4.67) | |||
| Kurtosis | 31.27 |
Velan Inc Backtested Returns
Velan Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0313, which indicates the firm had a -0.0313 % return per unit of risk over the last 3 months. Velan Inc exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Velan's Risk Adjusted Performance of 0.0015, coefficient of variation of (11,706), and Variance of 9.51 to confirm the risk estimate we provide. The entity has a beta of 0.23, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Velan's returns are expected to increase less than the market. However, during the bear market, the loss of holding Velan is expected to be smaller as well. At this point, Velan Inc has a negative expected return of -0.0986%. Please make sure to validate Velan's potential upside, as well as the relationship between the daily balance of power and market facilitation index , to decide if Velan Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.51 |
Good reverse predictability
Velan Inc has good reverse predictability. Overlapping area represents the amount of predictability between Velan time series from 4th of November 2025 to 19th of December 2025 and 19th of December 2025 to 2nd of February 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 Velan Inc price movement. The serial correlation of -0.51 indicates that about 51.0% of current Velan price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 3.7 |
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 |
Velan Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
|
Based on the recorded statements, Velan Inc reported net income of (67.45 Million). This is 126.0% lower than that of the Machinery sector and 121.83% lower than that of the Industrials industry. The net income for all Canada stocks is 111.81% higher than that of the company.
Velan Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Velan'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 Velan could also be used in its relative valuation, which is a method of valuing Velan by comparing valuation metrics of similar companies.Velan is currently under evaluation in net income category among its peers.
Velan Fundamentals
| Return On Equity | -0.27 | |||
| Return On Asset | 0.0245 | |||
| Profit Margin | 0.0008 % | |||
| Operating Margin | 0.02 % | |||
| Current Valuation | 316.87 M | |||
| Shares Outstanding | 6.02 M | |||
| Shares Owned By Insiders | 27.10 % | |||
| Shares Owned By Institutions | 13.64 % | |||
| Number Of Shares Shorted | 299 | |||
| Price To Book | 1.24 X | |||
| Price To Sales | 1.10 X | |||
| Revenue | 295.2 M | |||
| Gross Profit | 84.44 M | |||
| EBITDA | (72.8 M) | |||
| Net Income | (67.45 M) | |||
| Cash And Equivalents | 34.87 M | |||
| Cash Per Share | 3.56 X | |||
| Total Debt | 24.88 M | |||
| Debt To Equity | 23.30 % | |||
| Current Ratio | 2.05 X | |||
| Book Value Per Share | 8.02 X | |||
| Cash Flow From Operations | 26.52 M | |||
| Short Ratio | 0.04 X | |||
| Earnings Per Share | (3.10) X | |||
| Target Price | 14.0 | |||
| Number Of Employees | 1.28 K | |||
| Beta | 0.13 | |||
| Market Capitalization | 377.75 M | |||
| Total Asset | 501.97 M | |||
| Retained Earnings | 65.95 M | |||
| Working Capital | 44.61 M | |||
| Annual Yield | 0.02 % | |||
| Five Year Return | 2.17 % | |||
| Net Asset | 501.97 M | |||
| Last Dividend Paid | 0.12 |
About Velan Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Velan Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Velan using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Velan Inc 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 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
| 0.69 | RSMX | Regency Silver Corp | PairCorr |
| 0.65 | DML | Denison Mines Corp | PairCorr |
| 0.59 | GUG | Gungnir Resources | PairCorr |
| 0.54 | CNQ | Canadian Natural Res | PairCorr |
| 0.49 | T | Telus 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.