Telus Income Before Tax from 2010 to 2024

T Stock  CAD 22.35  0.02  0.09%   
Telus Corp Income Before Tax yearly trend continues to be very stable with very little volatility. Income Before Tax is likely to grow to about 1.6 B this year. During the period from 2010 to 2024, Telus Corp Income Before Tax quarterly data regression pattern had sample variance of 143490.4 T and median of  1,775,000,000. View All Fundamentals
 
Income Before Tax  
First Reported
1999-03-31
Previous Quarter
300 M
Current Value
309 M
Quarterly Volatility
192.1 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Telus Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Telus Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.2 B, Interest Expense of 1.4 B or Total Revenue of 12.1 B, as well as many indicators such as Price To Sales Ratio of 1.4, Dividend Yield of 0.0258 or PTB Ratio of 1.82. Telus financial statements analysis is a perfect complement when working with Telus Corp Valuation or Volatility modules.
  
This module can also supplement various Telus Corp Technical models . Check out the analysis of Telus Corp Correlation against competitors.
To learn how to invest in Telus Stock, please use our How to Invest in Telus Corp guide.

Pair Trading with Telus Corp

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 Telus Corp 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 Telus Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Telus Stock

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Moving against Telus Stock

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The ability to find closely correlated positions to Telus Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Telus Corp 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 Telus Corp - 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 Telus Corp to buy it.
The correlation of Telus Corp 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 Telus Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Telus Corp 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 Telus Corp 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 Telus Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Telus Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Telus Corp Stock. Highlighted below are key reports to facilitate an investment decision about Telus Corp Stock:
Check out the analysis of Telus Corp Correlation against competitors.
To learn how to invest in Telus Stock, please use our How to Invest in Telus Corp guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Please note, there is a significant difference between Telus Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Telus Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Telus Corp'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.