Crane Net Income Applicable To Common Shares from 2010 to 2024
| CXT Stock | 63.80 0.55 0.87% |
Net Income Applicable To Common Shares | First Reported 2010-12-31 | Previous Quarter 235.6 M | Current Value 262.1 M | Quarterly Volatility 84 M |
Check Crane NXT financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Crane NXT's main balance sheet or income statement drivers, such as Tax Provision of 78.4 M, Interest Income of 1 M or Depreciation And Amortization of 89.4 M, as well as many indicators such as Price To Sales Ratio of 2.44, Dividend Yield of 0.007 or PTB Ratio of 3.52. Crane financial statements analysis is a perfect complement when working with Crane NXT Valuation or Volatility modules.
Crane | Net Income Applicable To Common Shares |
Latest Crane NXT's Net Income Applicable To Common Shares Growth Pattern
Below is the plot of the Net Income Applicable To Common Shares of Crane NXT Co over the last few years. It is the net income that remains after preferred dividends have been deducted, available to common shareholders. Crane NXT's Net Income Applicable To Common Shares historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Crane NXT's overall financial position and show how it may be relating to other accounts over time.
| Net Income Applicable To Common Shares | 10 Years Trend |
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Net Income Applicable To Common Shares |
| Timeline |
Crane Net Income Applicable To Common Shares Regression Statistics
| Arithmetic Mean | 175,734,000 | |
| Geometric Mean | 163,295,972 | |
| Coefficient Of Variation | 47.79 | |
| Mean Deviation | 58,712,000 | |
| Median | 131,700,000 | |
| Standard Deviation | 83,980,290 | |
| Sample Variance | 7052.7T | |
| Range | 303.7M | |
| R-Value | 0.62 | |
| Mean Square Error | 4666.7T | |
| R-Squared | 0.39 | |
| Significance | 0.01 | |
| Slope | 11,660,482 | |
| Total Sum of Squares | 98737.6T |
Crane Net Income Applicable To Common Shares History
About Crane NXT Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Crane NXT income statement, its balance sheet, and the statement of cash flows. Crane NXT investors use historical funamental indicators, such as Crane NXT's Net Income Applicable To Common Shares, to determine how well the company is positioned to perform in the future. Although Crane NXT investors may use each financial statement separately, they are all related. The changes in Crane NXT's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Crane NXT'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 Crane NXT Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Crane NXT. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Income Applicable To Common Shares | 235.6 M | 262.1 M |
Pair Trading with Crane NXT
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 Crane NXT 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 Crane NXT will appreciate offsetting losses from the drop in the long position's value.Moving against Crane Stock
The ability to find closely correlated positions to Crane NXT could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crane NXT 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 Crane NXT - 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 Crane NXT Co to buy it.
The correlation of Crane NXT 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 Crane NXT moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crane NXT 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 Crane NXT 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.Additional Tools for Crane Stock Analysis
When running Crane NXT's price analysis, check to measure Crane NXT'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 Crane NXT is operating at the current time. Most of Crane NXT's value examination focuses on studying past and present price action to predict the probability of Crane NXT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crane NXT's price. Additionally, you may evaluate how the addition of Crane NXT to your portfolios can decrease your overall portfolio volatility.