Allied Historical Income Statement
| AAUC Stock | 3.37 0.06 1.75% |
Historical analysis of Allied Gold income statement accounts such as Depreciation And Amortization of 39.6 M, Interest Expense of 7.5 M or Selling General Administrative of 60.9 M can show how well Allied Gold performed in making a profits. Evaluating Allied Gold income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Allied Gold's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Allied Gold latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Allied Gold is a good buy for the upcoming year.
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About Allied Income Statement Analysis
Allied Gold Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Allied Gold shareholders. The income statement also shows Allied investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Allied Gold Income Statement Chart
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Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Total Revenue
Total revenue comprises all receipts Allied Gold generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Allied Gold minus its cost of goods sold. It is profit before Allied Gold operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most accounts from Allied Gold's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Allied Gold current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allied Gold. 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.
| 2010 | 2023 | 2024 (projected) | Interest Expense | 10.3M | 8.4M | 7.5M | Depreciation And Amortization | 53.3M | 45.7M | 39.6M |
Allied Gold income statement Correlations
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Allied Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Allied Gold
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 Allied Gold 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 Allied Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with Allied Stock
| 0.89 | AEM | Agnico Eagle Mines | PairCorr |
| 0.92 | WPM | Wheaton Precious Metals | PairCorr |
| 0.93 | FNV | Franco Nevada | PairCorr |
Moving against Allied Stock
The ability to find closely correlated positions to Allied Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Allied Gold 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 Allied Gold - 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 Allied Gold to buy it.
The correlation of Allied Gold 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 Allied Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allied Gold 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 Allied Gold 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 Allied Stock
Allied Gold Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Allied Gold shareholders. The income statement also shows Allied investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).