Biotricity Gross Profit from 2010 to 2024
| BTCY Stock | USD 1.39 0.06 4.14% |
Gross Profit | First Reported 2016-03-31 | Previous Quarter 2 M | Current Value 2.2 M | Quarterly Volatility 733.8 K |
Check Biotricity financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Biotricity main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.5 K, Interest Expense of 2 M or Selling General Administrative of 21.3 M, as well as many exotic indicators such as Price To Sales Ratio of 0.46, Dividend Yield of 0.22 or Days Sales Outstanding of 74.99. Biotricity financial statements analysis is a perfect complement when working with Biotricity Valuation or Volatility modules.
Biotricity | Gross Profit |
Latest Biotricity's Gross Profit Growth Pattern
Below is the plot of the Gross Profit of Biotricity over the last few years. Gross profit is a required income statement account that reflects total revenue of Biotricity minus its cost of goods sold. It is profit before Biotricity operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Biotricity's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Biotricity's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 4.57 M | 10 Years Trend |
|
Gross Profit |
| Timeline |
Biotricity Gross Profit Regression Statistics
| Arithmetic Mean | 1,644,010 | |
| Geometric Mean | 0.00 | |
| Coefficient Of Variation | 157.76 | |
| Mean Deviation | 2,168,765 | |
| Median | 0.00 | |
| Standard Deviation | 2,593,510 | |
| Sample Variance | 6.7T | |
| Range | 6.6M | |
| R-Value | 0.82 | |
| Mean Square Error | 2.3T | |
| R-Squared | 0.68 | |
| Significance | 0.0002 | |
| Slope | 478,176 | |
| Total Sum of Squares | 94.2T |
Biotricity Gross Profit History
Other Fundumenentals of Biotricity
Biotricity Gross Profit component correlations
Click cells to compare fundamentals
About Biotricity Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Biotricity income statement, its balance sheet, and the statement of cash flows. Biotricity investors use historical funamental indicators, such as Biotricity's Gross Profit, to determine how well the company is positioned to perform in the future. Although Biotricity investors may use each financial statement separately, they are all related. The changes in Biotricity's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Biotricity'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 Biotricity Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Biotricity. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Gross Profit | 6.3 M | 6.6 M | |
| Gross Profit Margin | 0.51 | 0.33 |
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 Biotricity 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, Biotricity's short interest history, or implied volatility extrapolated from Biotricity options trading.
Pair Trading with Biotricity
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 Biotricity 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 Biotricity will appreciate offsetting losses from the drop in the long position's value.Moving against Biotricity Stock
| 0.68 | HCAT | Health Catalyst Financial Report 14th of May 2024 | PairCorr |
| 0.67 | BBLG | Bone Biologics Corp Financial Report 20th of May 2024 | PairCorr |
| 0.57 | NAOV | NanoVibronix | PairCorr |
| 0.54 | SINT | SINTX Technologies | PairCorr |
| 0.49 | HSTM | HealthStream | PairCorr |
The ability to find closely correlated positions to Biotricity could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Biotricity 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 Biotricity - 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 Biotricity to buy it.
The correlation of Biotricity 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 Biotricity moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Biotricity 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 Biotricity 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 Biotricity Correlation against competitors. For more information on how to buy Biotricity Stock please use our How to Invest in Biotricity guide.Note that the Biotricity information on this page should be used as a complementary analysis to other Biotricity's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Biotricity Stock analysis
When running Biotricity's price analysis, check to measure Biotricity'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 Biotricity is operating at the current time. Most of Biotricity's value examination focuses on studying past and present price action to predict the probability of Biotricity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biotricity's price. Additionally, you may evaluate how the addition of Biotricity to your portfolios can decrease your overall portfolio volatility.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules |
Is Biotricity's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Biotricity. If investors know Biotricity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Biotricity listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.75) | Revenue Per Share 1.319 | Quarterly Revenue Growth 0.209 | Return On Assets (0.95) | Return On Equity (41.01) |
The market value of Biotricity is measured differently than its book value, which is the value of Biotricity that is recorded on the company's balance sheet. Investors also form their own opinion of Biotricity's value that differs from its market value or its book value, called intrinsic value, which is Biotricity's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Biotricity's market value can be influenced by many factors that don't directly affect Biotricity's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Biotricity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Biotricity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Biotricity'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.