Energy Operating Income from 2010 to 2024

EFR Stock  CAD 9.64  0.16  1.63%   
Energy Fuels Operating Income yearly trend continues to be very stable with very little volatility. Operating Income is likely to grow to about -30.7 M this year. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Energy Fuels generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
2000-12-31
Previous Quarter
-9 M
Current Value
-11.9 M
Quarterly Volatility
5.3 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Energy Fuels financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Energy Fuels' main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.1 M, Interest Expense of 18.1 M or Selling General Administrative of 29.3 M, as well as many indicators such as Price To Sales Ratio of 55.38, Dividend Yield of 0.0 or PTB Ratio of 3.2. Energy financial statements analysis is a perfect complement when working with Energy Fuels Valuation or Volatility modules.
  
This module can also supplement various Energy Fuels Technical models . Check out the analysis of Energy Fuels Correlation against competitors.
To learn how to invest in Energy Stock, please use our How to Invest in Energy Fuels guide.

Pair Trading with Energy Fuels

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 Energy Fuels 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 Energy Fuels will appreciate offsetting losses from the drop in the long position's value.

Moving together with Energy Stock

  0.92ENB-PFV Enbridge Pref 5PairCorr
  0.66ENB-PFU Enbridge Pref LPairCorr
  0.93ENS E Split CorpPairCorr
  0.86ENS-PA E Split CorpPairCorr

Moving against Energy Stock

  0.64SAGE Sage Potash CorpPairCorr
The ability to find closely correlated positions to Energy Fuels could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Energy Fuels 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 Energy Fuels - 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 Energy Fuels to buy it.
The correlation of Energy Fuels 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 Energy Fuels moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Energy Fuels 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 Energy Fuels 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.
Pair CorrelationCorrelation Matching
When determining whether Energy Fuels is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Energy Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Energy Fuels Stock. Highlighted below are key reports to facilitate an investment decision about Energy Fuels Stock:
Check out the analysis of Energy Fuels Correlation against competitors.
To learn how to invest in Energy Stock, please use our How to Invest in Energy Fuels guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Please note, there is a significant difference between Energy Fuels' value and its price as these two are different measures arrived at by different means. Investors typically determine if Energy Fuels is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energy Fuels' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.