Oceanagold Stock Net Income
| OGC Stock | CAD 44.12 5.51 11.10% |
As of the 31st of January, OceanaGold holds the Risk Adjusted Performance of 0.1547, coefficient of variation of 491.54, and Semi Deviation of 3.04. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of OceanaGold, as well as the relationship between them.
OceanaGold Total Revenue |
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Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 4.8522 | Revenue |
| Last Reported | Projected for Next Year | ||
| Net Income | 220.8 M | 231.8 M | |
| Net Income From Continuing Ops | 220.8 M | 231.8 M | |
| Net Income Applicable To Common Shares | 215.5 M | 226.3 M | |
| Net Income Per Share | 0.22 | 0.23 | |
| Net Income Per E B T | 0.68 | 0.62 |
OceanaGold | Net Income |
Evaluating OceanaGold'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 OceanaGold's fundamental strength.
Latest OceanaGold's Net Income Growth Pattern
Below is the plot of the Net Income of OceanaGold over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in OceanaGold financial statement analysis. It represents the amount of money remaining after all of OceanaGold operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is OceanaGold's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in OceanaGold's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 192 M | 10 Years Trend |
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Net Income |
| Timeline |
OceanaGold Net Income Regression Statistics
| Arithmetic Mean | 78,361,853 | |
| Coefficient Of Variation | 127.14 | |
| Mean Deviation | 80,132,450 | |
| Median | 83,100,000 | |
| Standard Deviation | 99,629,148 | |
| Sample Variance | 9926T | |
| Range | 376.7M | |
| R-Value | 0.46 | |
| Mean Square Error | 8320.2T | |
| R-Squared | 0.21 | |
| Significance | 0.06 | |
| Slope | 9,130,461 | |
| Total Sum of Squares | 158815.5T |
OceanaGold Net Income History
OceanaGold Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for OceanaGold is extremely important. It helps to project a fair market value of OceanaGold Stock properly, considering its historical fundamentals such as Net Income. Since OceanaGold'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 OceanaGold'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 OceanaGold's interrelated accounts and indicators.
Click cells to compare fundamentals
OceanaGold '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 OceanaGold'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 OceanaGold.
| 11/02/2025 |
| 01/31/2026 |
If you would invest 0.00 in OceanaGold on November 2, 2025 and sell it all today you would earn a total of 0.00 from holding OceanaGold or generate 0.0% return on investment in OceanaGold over 90 days. OceanaGold is related to or competes with Eldorado Gold, New Gold, SSR Mining, Perseus Mining, B2Gold Corp, Artemis Gold, and Dundee Precious. OceanaGold Corporation, a gold producer, engages in the exploration, development, and operation of mineral properties More
OceanaGold 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 OceanaGold'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 OceanaGold upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.61 | |||
| Information Ratio | 0.1884 | |||
| Maximum Drawdown | 12.23 | |||
| Value At Risk | (4.28) | |||
| Potential Upside | 4.57 |
OceanaGold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for OceanaGold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OceanaGold's standard deviation. In reality, there are many statistical measures that can use OceanaGold historical prices to predict the future OceanaGold's volatility.| Risk Adjusted Performance | 0.1547 | |||
| Jensen Alpha | 0.5571 | |||
| Total Risk Alpha | 0.4534 | |||
| Sortino Ratio | 0.1559 | |||
| Treynor Ratio | 0.5149 |
OceanaGold January 31, 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 | 0.1547 | |||
| Market Risk Adjusted Performance | 0.5249 | |||
| Mean Deviation | 2.25 | |||
| Semi Deviation | 3.04 | |||
| Downside Deviation | 3.61 | |||
| Coefficient Of Variation | 491.54 | |||
| Standard Deviation | 2.99 | |||
| Variance | 8.92 | |||
| Information Ratio | 0.1884 | |||
| Jensen Alpha | 0.5571 | |||
| Total Risk Alpha | 0.4534 | |||
| Sortino Ratio | 0.1559 | |||
| Treynor Ratio | 0.5149 | |||
| Maximum Drawdown | 12.23 | |||
| Value At Risk | (4.28) | |||
| Potential Upside | 4.57 | |||
| Downside Variance | 13.03 | |||
| Semi Variance | 9.26 | |||
| Expected Short fall | (2.31) | |||
| Skewness | (1.18) | |||
| Kurtosis | 2.71 |
OceanaGold Backtested Returns
OceanaGold appears to be very steady, given 3 months investment horizon. OceanaGold maintains Sharpe Ratio (i.e., Efficiency) of 0.2, which implies the firm had a 0.2 % return per unit of risk over the last 3 months. By analyzing OceanaGold's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please evaluate OceanaGold's Coefficient Of Variation of 491.54, risk adjusted performance of 0.1547, and Semi Deviation of 3.04 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, OceanaGold holds a performance score of 15. The company holds a Beta of 1.16, which implies 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, OceanaGold will likely underperform. Please check OceanaGold's value at risk, kurtosis, and the relationship between the sortino ratio and semi variance , to make a quick decision on whether OceanaGold's historical price patterns will revert.
Auto-correlation | 0.61 |
Good predictability
OceanaGold has good predictability. Overlapping area represents the amount of predictability between OceanaGold time series from 2nd of November 2025 to 17th of December 2025 and 17th of December 2025 to 31st of January 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 OceanaGold price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current OceanaGold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 20.92 |
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 |
OceanaGold Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, OceanaGold reported net income of 192 M. This is 1695.43% lower than that of the Metals & Mining sector and 238.5% lower than that of the Materials industry. The net income for all Canada stocks is 66.37% higher than that of the company.
OceanaGold Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses OceanaGold'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 OceanaGold could also be used in its relative valuation, which is a method of valuing OceanaGold by comparing valuation metrics of similar companies.OceanaGold is currently under evaluation in net income category among its peers.
OceanaGold Fundamentals
| Return On Equity | 0.21 | ||||
| Return On Asset | 0.14 | ||||
| Profit Margin | 0.24 % | ||||
| Operating Margin | 0.36 % | ||||
| Current Valuation | 10.96 B | ||||
| Shares Outstanding | 228.44 M | ||||
| Shares Owned By Insiders | 0.28 % | ||||
| Shares Owned By Institutions | 50.74 % | ||||
| Number Of Shares Shorted | 1.93 M | ||||
| Price To Earning | 22.33 X | ||||
| Price To Book | 4.12 X | ||||
| Price To Sales | 6.04 X | ||||
| Revenue | 1.29 B | ||||
| Gross Profit | 980.6 M | ||||
| EBITDA | 577 M | ||||
| Net Income | 192 M | ||||
| Cash And Equivalents | 193.5 M | ||||
| Cash Per Share | 0.19 X | ||||
| Total Debt | 71.56 M | ||||
| Debt To Equity | 0.19 % | ||||
| Current Ratio | 1.67 X | ||||
| Book Value Per Share | 11.86 X | ||||
| Cash Flow From Operations | 593.9 M | ||||
| Short Ratio | 2.49 X | ||||
| Earnings Per Share | 2.32 X | ||||
| Price To Earnings To Growth | 3.61 X | ||||
| Target Price | 54.16 | ||||
| Beta | 1.16 | ||||
| Market Capitalization | 10.08 B | ||||
| Total Asset | 2.61 B | ||||
| Retained Earnings | 611.24 M | ||||
| Working Capital | 156.5 M | ||||
| Current Asset | 220 M | ||||
| Current Liabilities | 164 M | ||||
| Annual Yield | 0 % | ||||
| Five Year Return | 1.03 % | ||||
| Net Asset | 2.61 B | ||||
| Last Dividend Paid | 0.12 |
About OceanaGold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze OceanaGold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of OceanaGold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of OceanaGold 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 OceanaGold
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 OceanaGold 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 OceanaGold will appreciate offsetting losses from the drop in the long position's value.Moving together with OceanaGold Stock
| 0.97 | AG | First Majestic Silver | PairCorr |
| 0.92 | IE | Ivanhoe Energy | PairCorr |
| 0.96 | ORE | Orezone Gold Corp | PairCorr |
| 0.74 | FDR | Flinders Resources | PairCorr |
| 0.92 | FDY | Faraday Copper Corp | PairCorr |
Moving against OceanaGold Stock
| 0.73 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.73 | MSFT | Microsoft CDR | PairCorr |
| 0.47 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.47 | BRK | Berkshire Hathaway CDR | PairCorr |
The ability to find closely correlated positions to OceanaGold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace OceanaGold 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 OceanaGold - 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 OceanaGold to buy it.
The correlation of OceanaGold 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 OceanaGold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if OceanaGold 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 OceanaGold 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 OceanaGold Stock
OceanaGold financial ratios help investors to determine whether OceanaGold 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 OceanaGold with respect to the benefits of owning OceanaGold security.