Polaris Ebit vs Operating Income Analysis
| PIF Stock | | | CAD 12.64 0.19 1.53% |
Polaris Infrastructure financial indicator trend analysis is much more than just breaking down Polaris Infrastructure prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Polaris Infrastructure is a good investment. Please check the relationship between Polaris Infrastructure Ebit and its Operating Income accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Polaris Infrastructure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Ebit vs Operating Income
Ebit vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Polaris Infrastructure Ebit account and
Operating Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Polaris Infrastructure's Ebit and Operating Income is 0.67. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Polaris Infrastructure, assuming nothing else is changed. The correlation between historical values of Polaris Infrastructure's Ebit and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Polaris Infrastructure are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Ebit i.e., Polaris Infrastructure's Ebit and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.67 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Ebit
Operating Income
Operating Income is the amount of profit realized from Polaris Infrastructure 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 Polaris Infrastructure is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Polaris Infrastructure's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Polaris Infrastructure current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Polaris Infrastructure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, Polaris Infrastructure's
Enterprise Value Over EBITDA is very stable compared to the past year. As of the 6th of August 2025,
Enterprise Value Multiple is likely to grow to 6.37, while
Selling General Administrative is likely to drop about 5.6
M.
Polaris Infrastructure fundamental ratios Correlations
Click cells to compare fundamentals
Polaris Infrastructure Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Polaris Infrastructure fundamental ratios Accounts
Pair Trading with Polaris Infrastructure
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 Polaris Infrastructure 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 Polaris Infrastructure will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Polaris Infrastructure could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Polaris Infrastructure 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 Polaris Infrastructure - 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 Polaris Infrastructure to buy it.
The correlation of Polaris Infrastructure 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 Polaris Infrastructure moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Polaris Infrastructure 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 Polaris Infrastructure 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 Polaris Stock
Balance Sheet is a snapshot of the
financial position of Polaris Infrastructure at a specified time, usually calculated after every quarter, six months, or one year. Polaris Infrastructure Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Polaris Infrastructure and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Polaris currently owns. An asset can also be divided into two categories, current and non-current.