Galiano Interest Income from 2010 to 2024

GAU Stock  USD 1.71  0.03  1.79%   
Galiano Gold Interest Income yearly trend continues to be comparatively stable with very little volatility. Interest Income will likely drop to about 2.5 M in 2024. Interest Income is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. View All Fundamentals
 
Interest Income  
First Reported
2019-03-31
Previous Quarter
759 K
Current Value
849 K
Quarterly Volatility
5.8 M
 
Covid
Check Galiano Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Galiano Gold's main balance sheet or income statement drivers, such as Interest Expense of 22.2 K, Other Operating Expenses of 31.2 M or Total Operating Expenses of 10.4 M, as well as many indicators such as Price To Sales Ratio of 0.95, Dividend Yield of 0.0 or PTB Ratio of 1.11. Galiano financial statements analysis is a perfect complement when working with Galiano Gold Valuation or Volatility modules.
  
Check out the analysis of Galiano Gold Correlation against competitors.
For more information on how to buy Galiano Stock please use our How to Invest in Galiano Gold guide.

Latest Galiano Gold's Interest Income Growth Pattern

Below is the plot of the Interest Income of Galiano Gold over the last few years. It is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. Galiano Gold's Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Galiano Gold's overall financial position and show how it may be relating to other accounts over time.
Interest Income10 Years Trend
Pretty Stable
   Interest Income   
       Timeline  

Galiano Interest Income Regression Statistics

Arithmetic Mean5,290,560
Geometric Mean1,193,849
Coefficient Of Variation183.81
Mean Deviation6,720,843
Median551,000
Standard Deviation9,724,334
Sample Variance94.6T
Range34.5M
R-Value0.15
Mean Square Error99.4T
R-Squared0.02
Significance0.58
Slope335,099
Total Sum of Squares1323.9T

Galiano Interest Income History

20242.5 M
20232.7 M
2022M
2021257 K
2020551 K
201934.8 M
20184.4 M

Other Fundumenentals of Galiano Gold

Galiano Gold Interest Income component correlations

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0.460.3-0.130.62-0.620.30.740.58-0.15-0.07-0.08-0.11-0.03-0.05-0.24-0.080.00.01-0.03-0.01
0.30.24-0.130.360.49-0.720.26-0.05-0.52-0.880.930.790.920.960.290.960.33-0.870.92-0.23
0.940.830.620.360.230.260.960.560.12-0.680.560.450.610.530.150.540.2-0.460.47-0.15
0.360.44-0.620.490.23-0.110.04-0.080.32-0.580.640.510.620.570.460.620.16-0.450.48-0.09
0.410.490.3-0.720.26-0.110.290.320.790.42-0.52-0.46-0.49-0.5-0.29-0.52-0.070.45-0.440.0
0.870.730.740.260.960.040.290.660.09-0.590.440.320.490.430.070.420.21-0.370.38-0.16
0.480.380.58-0.050.56-0.080.320.660.11-0.260.16-0.260.140.06-0.010.070.16-0.060.03-0.11
0.340.46-0.15-0.520.120.320.790.090.110.29-0.33-0.29-0.32-0.32-0.1-0.33-0.330.29-0.30.26
-0.6-0.51-0.07-0.88-0.68-0.580.42-0.59-0.260.29-0.97-0.81-0.99-0.93-0.37-0.96-0.420.81-0.840.31
0.490.42-0.080.930.560.64-0.520.440.16-0.33-0.970.770.990.940.420.980.39-0.830.85-0.29
0.40.33-0.110.790.450.51-0.460.32-0.26-0.29-0.810.770.850.80.280.820.33-0.70.71-0.24
0.540.46-0.030.920.610.62-0.490.490.14-0.32-0.990.990.850.950.40.980.39-0.830.85-0.29
0.530.49-0.050.960.530.57-0.50.430.06-0.32-0.930.940.80.950.210.990.37-0.920.96-0.24
0.04-0.04-0.240.290.150.46-0.290.07-0.01-0.1-0.370.420.280.40.210.32-0.060.120.05-0.04
0.510.47-0.080.960.540.62-0.520.420.07-0.33-0.960.980.820.980.990.320.38-0.890.93-0.28
0.170.190.00.330.20.16-0.070.210.16-0.33-0.420.390.330.390.37-0.060.38-0.370.39-0.89
-0.47-0.460.01-0.87-0.46-0.450.45-0.37-0.060.290.81-0.83-0.7-0.83-0.920.12-0.89-0.37-0.940.24
0.510.51-0.030.920.470.48-0.440.380.03-0.3-0.840.850.710.850.960.050.930.39-0.94-0.33
-0.13-0.17-0.01-0.23-0.15-0.090.0-0.16-0.110.260.31-0.29-0.24-0.29-0.24-0.04-0.28-0.890.24-0.33
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About Galiano Gold Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Galiano Gold income statement, its balance sheet, and the statement of cash flows. Galiano Gold investors use historical funamental indicators, such as Galiano Gold's Interest Income, to determine how well the company is positioned to perform in the future. Although Galiano Gold investors may use each financial statement separately, they are all related. The changes in Galiano Gold's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Galiano Gold's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Galiano Gold Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Galiano Gold. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Income2.7 M2.5 M
Net Interest Income-6.7 M-7 M

Pair Trading with Galiano 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 Galiano 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 Galiano Gold will appreciate offsetting losses from the drop in the long position's value.

Moving together with Galiano Stock

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Moving against Galiano Stock

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The ability to find closely correlated positions to Galiano 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 Galiano 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 Galiano 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 Galiano Gold to buy it.
The correlation of Galiano 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 Galiano Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Galiano 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 Galiano 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.
Pair CorrelationCorrelation Matching

Additional Tools for Galiano Stock Analysis

When running Galiano Gold's price analysis, check to measure Galiano Gold's 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 Galiano Gold is operating at the current time. Most of Galiano Gold's value examination focuses on studying past and present price action to predict the probability of Galiano Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Galiano Gold's price. Additionally, you may evaluate how the addition of Galiano Gold to your portfolios can decrease your overall portfolio volatility.