Gatos Operating Income from 2010 to 2024

GATO Stock  CAD 20.34  0.23  1.14%   
Gatos Silver Operating Income yearly trend continues to be very stable with very little volatility. Operating Income is likely to drop to about -23.5 M. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Gatos Silver generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
2010-03-31
Previous Quarter
2.6 M
Current Value
-7.9 M
Quarterly Volatility
13.2 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Gatos Silver financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gatos Silver's main balance sheet or income statement drivers, such as Depreciation And Amortization of 75 K, Interest Expense of 691.6 K or Other Operating Expenses of 16.5 M, as well as many indicators such as Price To Sales Ratio of 1.72, Dividend Yield of 0.15 or PTB Ratio of 1.17. Gatos financial statements analysis is a perfect complement when working with Gatos Silver Valuation or Volatility modules.
  
This module can also supplement various Gatos Silver Technical models . Check out the analysis of Gatos Silver Correlation against competitors.
To learn how to invest in Gatos Stock, please use our How to Invest in Gatos Silver guide.

Pair Trading with Gatos Silver

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 Gatos Silver 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 Gatos Silver will appreciate offsetting losses from the drop in the long position's value.

Moving together with Gatos Stock

  1.0AG First Majestic SilverPairCorr
  0.73IE Ivanhoe EnergyPairCorr

Moving against Gatos Stock

  0.48DBO D Box TechnologiesPairCorr
  0.45OM Osisko MetalsPairCorr
  0.4FFH-PK Fairfax FinancialPairCorr
  0.4NICU Magna MiningPairCorr
  0.36FFH-PE Fairfax FinancialPairCorr
The ability to find closely correlated positions to Gatos Silver could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gatos Silver 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 Gatos Silver - 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 Gatos Silver to buy it.
The correlation of Gatos Silver 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 Gatos Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gatos Silver 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 Gatos Silver 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 Gatos Silver offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gatos Silver's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gatos Silver Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gatos Silver Stock:
Check out the analysis of Gatos Silver Correlation against competitors.
To learn how to invest in Gatos Stock, please use our How to Invest in Gatos Silver guide.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Please note, there is a significant difference between Gatos Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gatos Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gatos Silver's 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.