ARC Net Income from 2010 to 2024
| ARX Stock | CAD 25.72 0.32 1.26% |
Net Income | First Reported 1997-03-31 | Previous Quarter 236.4 M | Current Value 506.3 M | Quarterly Volatility 178.6 M |
Check ARC Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ARC main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.6 B, Interest Expense of 110.8 M or Selling General Administrative of 222.8 M, as well as many exotic indicators such as Price To Sales Ratio of 1.79, Dividend Yield of 0.0311 or PTB Ratio of 1.3. ARC financial statements analysis is a perfect complement when working with ARC Resources Valuation or Volatility modules.
ARC | Net Income |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ARC Resources in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ARC Resources' short interest history, or implied volatility extrapolated from ARC Resources options trading.
Pair Trading with ARC 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 ARC 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 ARC Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with ARC Stock
| 0.81 | ENB-PFC | Enbridge Pref 11 | PairCorr |
| 0.78 | ENB-PFU | Enbridge Pref L | PairCorr |
The ability to find closely correlated positions to ARC 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 ARC 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 ARC 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 ARC Resources to buy it.
The correlation of ARC 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 ARC Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ARC 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 ARC 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 ARC Resources Correlation against competitors. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for ARC Stock analysis
When running ARC Resources' price analysis, check to measure ARC Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ARC Resources is operating at the current time. Most of ARC Resources' value examination focuses on studying past and present price action to predict the probability of ARC Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ARC Resources' price. Additionally, you may evaluate how the addition of ARC Resources to your portfolios can decrease your overall portfolio volatility.
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