Pinetree Historical Income Statement
| PNP Stock | CAD 11.88 1.83 13.35% |
Historical analysis of Pinetree Capital income statement accounts such as Other Operating Expenses of 707.8 K, Operating Income of 6.2 M, EBIT of 6.1 M or Total Operating Expenses of 782.2 K can show how well Pinetree Capital performed in making a profits. Evaluating Pinetree Capital income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Pinetree Capital's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Pinetree Capital 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 Pinetree Capital is a good buy for the upcoming year.
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About Pinetree Income Statement Analysis
Pinetree Capital 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 Pinetree Capital shareholders. The income statement also shows Pinetree 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).
Pinetree Capital Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Pinetree Capital. It is also known as Pinetree Capital overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Pinetree Capital's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Pinetree Capital 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pinetree Capital. 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, Pinetree Capital's Selling And Marketing Expenses is very stable compared to the past year. As of the 8th of December 2024, Net Income From Continuing Ops is likely to grow to about 6 M, while Interest Expense is likely to drop about 17.5 K.
Pinetree Capital income statement Correlations
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Pinetree Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Pinetree Capital
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 Pinetree Capital 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 Pinetree Capital will appreciate offsetting losses from the drop in the long position's value.Moving together with Pinetree Stock
| 0.62 | AAPL | Apple Inc CDR | PairCorr |
| 0.67 | NVDA | NVIDIA CDR | PairCorr |
| 0.86 | AMZN | Amazon CDR | PairCorr |
| 0.67 | GOOG | Alphabet CDR | PairCorr |
The ability to find closely correlated positions to Pinetree Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pinetree Capital 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 Pinetree Capital - 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 Pinetree Capital to buy it.
The correlation of Pinetree Capital 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 Pinetree Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pinetree Capital 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 Pinetree Capital 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 Pinetree Stock
Pinetree Capital 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 Pinetree Capital shareholders. The income statement also shows Pinetree 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).