AbraSilver Net Income Applicable To Common Shares from 2010 to 2026
| ABRA Stock | 11.52 0.22 1.87% |
Net Loss | First Reported 2010-12-31 | Previous Quarter -22.6 M | Current Value -23.7 M | Quarterly Volatility 1.4 M |
Check AbraSilver Resource financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AbraSilver Resource's main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.7 K, Interest Expense of 1.2 M or Total Revenue of 0.0, as well as many indicators such as Price To Sales Ratio of 0.84, Dividend Yield of 0.0 or PTB Ratio of 10.58. AbraSilver financial statements analysis is a perfect complement when working with AbraSilver Resource Valuation or Volatility modules.
AbraSilver | Net Income Applicable To Common Shares |
Latest AbraSilver Resource's Net Income Applicable To Common Shares Growth Pattern
Below is the plot of the Net Income Applicable To Common Shares of AbraSilver Resource Corp over the last few years. It is the net income that remains after preferred dividends have been deducted, available to common shareholders. AbraSilver Resource's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in AbraSilver Resource'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 |
AbraSilver Net Income Applicable To Common Shares Regression Statistics
| Arithmetic Mean | (21,291,025) | |
| Coefficient Of Variation | (6.46) | |
| Mean Deviation | 885,403 | |
| Median | (20,904,230) | |
| Standard Deviation | 1,374,372 | |
| Sample Variance | 1.9T | |
| Range | 6.3M | |
| R-Value | (0.44) | |
| Mean Square Error | 1.6T | |
| R-Squared | 0.19 | |
| Significance | 0.08 | |
| Slope | (119,779) | |
| Total Sum of Squares | 30.2T |
AbraSilver Net Income Applicable To Common Shares History
About AbraSilver Resource Financial Statements
AbraSilver Resource investors utilize fundamental indicators, such as Net Income Applicable To Common Shares, to predict how AbraSilver 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 | -22.6 M | -23.7 M |
Pair Trading with AbraSilver Resource
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 AbraSilver Resource 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 AbraSilver Resource will appreciate offsetting losses from the drop in the long position's value.Moving together with AbraSilver Stock
| 0.91 | CGG | China Gold International | PairCorr |
| 0.86 | TFPM | Triple Flag Precious | PairCorr |
| 0.89 | GMIN | G Mining Ventures | PairCorr |
| 0.61 | PPTA | Perpetua Resources Corp | PairCorr |
| 0.97 | ARIS | Aris Mining | PairCorr |
The ability to find closely correlated positions to AbraSilver Resource could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AbraSilver Resource 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 AbraSilver Resource - 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 AbraSilver Resource Corp to buy it.
The correlation of AbraSilver Resource 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 AbraSilver Resource moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AbraSilver Resource Corp 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 AbraSilver Resource 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 AbraSilver Stock
AbraSilver Resource financial ratios help investors to determine whether AbraSilver 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 AbraSilver with respect to the benefits of owning AbraSilver Resource security.