Skeena Operating Income from 2010 to 2026
| SKE Stock | CAD 49.36 0.53 1.09% |
Operating Income | First Reported 2002-03-31 | Previous Quarter -15 M | Current Value -15 M | Quarterly Volatility 13.6 M |
Check Skeena Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Skeena Resources' main balance sheet or income statement drivers, such as Depreciation And Amortization of 246.9 K, Interest Expense of 2.1 M or Selling General Administrative of 13.6 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 12.92. Skeena financial statements analysis is a perfect complement when working with Skeena Resources Valuation or Volatility modules.
Skeena | Operating Income |
Evaluating Skeena Resources's Operating 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 Skeena Resources's fundamental strength.
Latest Skeena Resources' Operating Income Growth Pattern
Below is the plot of the Operating Income of Skeena Resources over the last few years. Operating Income is the amount of profit realized from Skeena Resources operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Skeena Resources is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Skeena Resources' Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Skeena Resources' overall financial position and show how it may be relating to other accounts over time.
| Operating Income | 10 Years Trend |
|
Operating Income |
| Timeline |
Skeena Operating Income Regression Statistics
| Arithmetic Mean | (57,825,397) | |
| Coefficient Of Variation | (114.29) | |
| Mean Deviation | 60,071,377 | |
| Median | (15,377,857) | |
| Standard Deviation | 66,090,492 | |
| Sample Variance | 4368T | |
| Range | 174.1M | |
| R-Value | (0.91) | |
| Mean Square Error | 826T | |
| R-Squared | 0.82 | |
| Slope | (11,871,117) | |
| Total Sum of Squares | 69887.2T |
Skeena Operating Income History
About Skeena Resources Financial Statements
Skeena Resources investors utilize fundamental indicators, such as Operating Income, to predict how Skeena 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 | ||
| Operating Income | -156.7 M | -148.9 M |
Pair Trading with Skeena Resources
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 Skeena Resources 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 Skeena Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with Skeena Stock
| 0.97 | AG | First Majestic Silver | PairCorr |
| 0.72 | IE | Ivanhoe Energy Earnings Call This Week | PairCorr |
| 0.96 | ORE | Orezone Gold Corp | PairCorr |
| 0.92 | FDY | Faraday Copper Corp | PairCorr |
Moving against Skeena Stock
| 0.78 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.78 | MSFT | Microsoft CDR | PairCorr |
| 0.52 | AAPL | Apple CDR | PairCorr |
| 0.52 | AAPL | Apple Inc CDR | PairCorr |
| 0.33 | FDR | Flinders Resources | PairCorr |
The ability to find closely correlated positions to Skeena Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Skeena Resources 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 Skeena Resources - 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 Skeena Resources to buy it.
The correlation of Skeena Resources 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 Skeena Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Skeena Resources 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 Skeena Resources 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.Check out the analysis of Skeena Resources Correlation against competitors. To learn how to invest in Skeena Stock, please use our How to Invest in Skeena Resources guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.