Cognex Pretax Profit Margin from 2010 to 2024
| CGNX Stock | USD 41.54 0.93 2.29% |
Pretax Profit Margin | First Reported 2010-12-31 | Previous Quarter 0.16160048 | Current Value 0.28 | Quarterly Volatility 0.04842887 |
Check Cognex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cognex main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.6 M, Interest Expense of 19.7 M or Selling General Administrative of 341 M, as well as many exotic indicators such as Price To Sales Ratio of 6.07, Dividend Yield of 0.0065 or PTB Ratio of 3.73. Cognex financial statements analysis is a perfect complement when working with Cognex Valuation or Volatility modules.
Cognex | Pretax Profit Margin |
Latest Cognex's Pretax Profit Margin Growth Pattern
Below is the plot of the Pretax Profit Margin of Cognex over the last few years. It is Cognex's Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cognex's overall financial position and show how it may be relating to other accounts over time.
| Pretax Profit Margin | 10 Years Trend |
|
Pretax Profit Margin |
| Timeline |
Cognex Pretax Profit Margin Regression Statistics
| Arithmetic Mean | 0.27 | |
| Geometric Mean | 0.27 | |
| Coefficient Of Variation | 17.62 | |
| Mean Deviation | 0.04 | |
| Median | 0.28 | |
| Standard Deviation | 0.05 | |
| Sample Variance | 0 | |
| Range | 0.1953 | |
| R-Value | (0.40) | |
| Mean Square Error | 0 | |
| R-Squared | 0.16 | |
| Significance | 0.14 | |
| Slope | (0) | |
| Total Sum of Squares | 0.03 |
Cognex Pretax Profit Margin History
About Cognex Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Cognex income statement, its balance sheet, and the statement of cash flows. Cognex investors use historical funamental indicators, such as Cognex's Pretax Profit Margin, to determine how well the company is positioned to perform in the future. Although Cognex investors may use each financial statement separately, they are all related. The changes in Cognex's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Cognex'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 Cognex Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Cognex. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | 0.16 | 0.28 |
Cognex Investors Sentiment
The influence of Cognex's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Cognex. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Cognex's public news can be used to forecast risks associated with an investment in Cognex. The trend in average sentiment can be used to explain how an investor holding Cognex can time the market purely based on public headlines and social activities around Cognex. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Cognex's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Cognex's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Cognex's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Cognex.
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 Cognex 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, Cognex's short interest history, or implied volatility extrapolated from Cognex options trading.
Pair Trading with Cognex
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 Cognex 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 Cognex will appreciate offsetting losses from the drop in the long position's value.Moving together with Cognex Stock
| 0.73 | DYSL | Dynasil Of | PairCorr |
Moving against Cognex Stock
| 0.7 | WRAP | Wrap Technologies | PairCorr |
| 0.61 | FCUV | Focus Universal | PairCorr |
| 0.45 | FARO | FARO Technologies Financial Report 1st of May 2024 | PairCorr |
The ability to find closely correlated positions to Cognex could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cognex 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 Cognex - 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 Cognex to buy it.
The correlation of Cognex 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 Cognex moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cognex 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 Cognex 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 Cognex Correlation against competitors. For more information on how to buy Cognex Stock please use our How to Invest in Cognex guide.You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for Cognex Stock analysis
When running Cognex's price analysis, check to measure Cognex'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 Cognex is operating at the current time. Most of Cognex's value examination focuses on studying past and present price action to predict the probability of Cognex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cognex's price. Additionally, you may evaluate how the addition of Cognex to your portfolios can decrease your overall portfolio volatility.
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Is Cognex'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 Cognex. If investors know Cognex 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 Cognex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.81) | Dividend Share 0.285 | Earnings Share 0.65 | Revenue Per Share 4.862 | Quarterly Revenue Growth (0.18) |
The market value of Cognex is measured differently than its book value, which is the value of Cognex that is recorded on the company's balance sheet. Investors also form their own opinion of Cognex's value that differs from its market value or its book value, called intrinsic value, which is Cognex'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 Cognex's market value can be influenced by many factors that don't directly affect Cognex'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 Cognex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cognex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cognex'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.