Sayona Ebitda from 2010 to 2026
| ELVR Stock | 63.38 0.92 1.43% |
EBITDA | First Reported 2010-12-31 | Previous Quarter -307.5 M | Current Value -292.1 M | Quarterly Volatility 155.9 M |
Check Sayona Mining financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sayona Mining's main balance sheet or income statement drivers, such as Interest Income of 4.1 M, Depreciation And Amortization of 46.6 M or Interest Expense of 2.8 M, as well as many indicators such as Price To Sales Ratio of 1.14, Dividend Yield of 0.0 or PTB Ratio of 0.84. Sayona financial statements analysis is a perfect complement when working with Sayona Mining Valuation or Volatility modules.
Sayona | Ebitda | Build AI portfolio with Sayona Stock |
Latest Sayona Mining's Ebitda Growth Pattern
Below is the plot of the Ebitda of Sayona Mining Limited over the last few years. It is Sayona Mining's EBITDA historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sayona Mining's overall financial position and show how it may be relating to other accounts over time.
| Ebitda | 10 Years Trend |
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Ebitda |
| Timeline |
Sayona Ebitda Regression Statistics
| Arithmetic Mean | (318,732) | |
| Coefficient Of Variation | (48,906) | |
| Mean Deviation | 119,974,044 | |
| Median | 84,662,883 | |
| Standard Deviation | 155,877,821 | |
| Sample Variance | 24297.9T | |
| Range | 426.3M | |
| R-Value | (0.75) | |
| Mean Square Error | 11239.3T | |
| R-Squared | 0.57 | |
| Significance | 0.0005 | |
| Slope | (23,230,352) | |
| Total Sum of Squares | 388766.3T |
Sayona Ebitda History
About Sayona Mining Financial Statements
Sayona Mining shareholders use historical fundamental indicators, such as Ebitda, to determine how well the company is positioned to perform in the future. Although Sayona Mining investors may analyze each financial statement separately, they are all interrelated. The changes in Sayona Mining's assets and liabilities, for example, are also reflected in the revenues and expenses on on Sayona Mining's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| EBITDA | -307.5 M | -292.1 M |
Pair Trading with Sayona Mining
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 Sayona Mining 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 Sayona Mining will appreciate offsetting losses from the drop in the long position's value.Moving together with Sayona Stock
| 0.82 | BHPLF | BHP Group Limited | PairCorr |
| 0.95 | RIO | Rio Tinto ADR | PairCorr |
| 0.89 | BHP | BHP Group Limited | PairCorr |
| 0.92 | RTNTF | Rio Tinto Group | PairCorr |
| 0.94 | RTPPF | Rio Tinto Group | PairCorr |
Moving against Sayona Stock
The ability to find closely correlated positions to Sayona Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sayona Mining 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 Sayona Mining - 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 Sayona Mining Limited to buy it.
The correlation of Sayona Mining 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 Sayona Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sayona Mining Limited 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 Sayona Mining 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.Additional Tools for Sayona Stock Analysis
When running Sayona Mining's price analysis, check to measure Sayona Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sayona Mining is operating at the current time. Most of Sayona Mining's value examination focuses on studying past and present price action to predict the probability of Sayona Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sayona Mining's price. Additionally, you may evaluate how the addition of Sayona Mining to your portfolios can decrease your overall portfolio volatility.