Aspen Pretax Profit Margin from 2010 to 2024

ASPN Stock  USD 16.64  0.01  0.06%   
Aspen Aerogels Pretax Profit Margin yearly trend continues to be very stable with very little volatility. Pretax Profit Margin is likely to drop to -0.2. During the period from 2010 to 2024, Aspen Aerogels Pretax Profit Margin quarterly data regression pattern had range of 0.8324 and standard deviation of  0.25. View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
(0.19)
Current Value
(0.20)
Quarterly Volatility
0.24951616
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Aspen Aerogels financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Aspen main balance sheet or income statement drivers, such as Depreciation And Amortization of 10.2 M, Interest Expense of 6.5 M or Selling General Administrative of 59.6 M, as well as many exotic indicators such as Price To Sales Ratio of 4.36, Dividend Yield of 0.2 or PTB Ratio of 3.51. Aspen financial statements analysis is a perfect complement when working with Aspen Aerogels Valuation or Volatility modules.
  
This module can also supplement Aspen Aerogels' financial leverage analysis and stock options assessment as well as various Aspen Aerogels Technical models . Check out the analysis of Aspen Aerogels Correlation against competitors.
To learn how to invest in Aspen Stock, please use our How to Invest in Aspen Aerogels guide.

Latest Aspen Aerogels' Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of Aspen Aerogels over the last few years. It is Aspen Aerogels' Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Aspen Aerogels' overall financial position and show how it may be relating to other accounts over time.
Pretax Profit Margin10 Years Trend
Slightly volatile
   Pretax Profit Margin   
       Timeline  

Aspen Pretax Profit Margin Regression Statistics

Arithmetic Mean(0.35)
Coefficient Of Variation(71.42)
Mean Deviation0.20
Median(0.30)
Standard Deviation0.25
Sample Variance0.06
Range0.8324
R-Value0.51
Mean Square Error0.05
R-Squared0.26
Significance0.05
Slope0.03
Total Sum of Squares0.87

Aspen Pretax Profit Margin History

2024 -0.2
2023 -0.19
2022 -0.46
2020 -0.22
2018 -0.33
2017 -0.17
2016 -0.1

About Aspen Aerogels Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Aspen Aerogels income statement, its balance sheet, and the statement of cash flows. Aspen Aerogels investors use historical funamental indicators, such as Aspen Aerogels's Pretax Profit Margin, to determine how well the company is positioned to perform in the future. Although Aspen Aerogels investors may use each financial statement separately, they are all related. The changes in Aspen Aerogels's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Aspen Aerogels'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 Aspen Aerogels Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Aspen Aerogels. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Pretax Profit Margin(0.19)(0.20)

Pair Trading with Aspen Aerogels

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 Aspen Aerogels 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 Aspen Aerogels will appreciate offsetting losses from the drop in the long position's value.

Moving together with Aspen Stock

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Moving against Aspen Stock

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The ability to find closely correlated positions to Aspen Aerogels could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aspen Aerogels 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 Aspen Aerogels - 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 Aspen Aerogels to buy it.
The correlation of Aspen Aerogels 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 Aspen Aerogels moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aspen Aerogels 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 Aspen Aerogels 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 Aspen Aerogels offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aspen Aerogels' 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 Aspen Aerogels Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aspen Aerogels Stock:
Check out the analysis of Aspen Aerogels Correlation against competitors.
To learn how to invest in Aspen Stock, please use our How to Invest in Aspen Aerogels guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for Aspen Stock analysis

When running Aspen Aerogels' price analysis, check to measure Aspen Aerogels' 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 Aspen Aerogels is operating at the current time. Most of Aspen Aerogels' value examination focuses on studying past and present price action to predict the probability of Aspen Aerogels' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aspen Aerogels' price. Additionally, you may evaluate how the addition of Aspen Aerogels to your portfolios can decrease your overall portfolio volatility.
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Is Aspen Aerogels' 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 Aspen Aerogels. If investors know Aspen 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 Aspen Aerogels listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.66)
Revenue Per Share
3.438
Quarterly Revenue Growth
0.413
Return On Assets
(0.05)
Return On Equity
(0.1)
The market value of Aspen Aerogels is measured differently than its book value, which is the value of Aspen that is recorded on the company's balance sheet. Investors also form their own opinion of Aspen Aerogels' value that differs from its market value or its book value, called intrinsic value, which is Aspen Aerogels' 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 Aspen Aerogels' market value can be influenced by many factors that don't directly affect Aspen Aerogels' 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 Aspen Aerogels' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aspen Aerogels is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aspen Aerogels' 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.