Smart Pretax Profit Margin from 2010 to 2024
| CREG Stock | USD 1.20 0.03 2.56% |
Pretax Profit Margin | First Reported 2010-12-31 | Previous Quarter (12.24) | Current Value (11.63) | Quarterly Volatility 27.36509162 |
Check Smart Powerr financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Smart main balance sheet or income statement drivers, such as Total Revenue of 0.0, Other Operating Expenses of 758.5 K or Total Operating Expenses of 758.5 K, as well as many exotic indicators such as Price To Sales Ratio of 4.32, Ptb Ratio of 0.19 or Days Sales Outstanding of 17.4 K. Smart financial statements analysis is a perfect complement when working with Smart Powerr Valuation or Volatility modules.
Smart | Pretax Profit Margin |
Latest Smart Powerr's Pretax Profit Margin Growth Pattern
Below is the plot of the Pretax Profit Margin of Smart Powerr Corp over the last few years. It is Smart Powerr's Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Smart Powerr'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 |
Smart Pretax Profit Margin Regression Statistics
| Arithmetic Mean | 0.67 | |
| Geometric Mean | 4.24 | |
| Coefficient Of Variation | 4,091 | |
| Mean Deviation | 13.46 | |
| Median | (8.12) | |
| Standard Deviation | 27.37 | |
| Sample Variance | 748.85 | |
| Range | 110 | |
| R-Value | (0.28) | |
| Mean Square Error | 741.77 | |
| R-Squared | 0.08 | |
| Significance | 0.31 | |
| Slope | (1.73) | |
| Total Sum of Squares | 10,484 |
Smart Pretax Profit Margin History
About Smart Powerr Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Smart Powerr income statement, its balance sheet, and the statement of cash flows. Smart Powerr investors use historical funamental indicators, such as Smart Powerr's Pretax Profit Margin, to determine how well the company is positioned to perform in the future. Although Smart Powerr investors may use each financial statement separately, they are all related. The changes in Smart Powerr's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Smart Powerr'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 Smart Powerr Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Smart Powerr. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | (12.24) | (11.63) |
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 Smart Powerr 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, Smart Powerr's short interest history, or implied volatility extrapolated from Smart Powerr options trading.
Pair Trading with Smart Powerr
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 Smart Powerr 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 Smart Powerr will appreciate offsetting losses from the drop in the long position's value.Moving against Smart Stock
| 0.59 | LICY | LiCycle Holdings Corp Financial Report 20th of May 2024 | PairCorr |
| 0.58 | CPRT | Copart Inc Financial Report 15th of May 2024 | PairCorr |
| 0.56 | NL | NL Industries | PairCorr |
| 0.5 | STER | Sterling Check Corp Financial Report 14th of May 2024 | PairCorr |
| 0.48 | VSEC | VSE Corporation Financial Report 6th of May 2024 | PairCorr |
The ability to find closely correlated positions to Smart Powerr could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Smart Powerr 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 Smart Powerr - 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 Smart Powerr Corp to buy it.
The correlation of Smart Powerr 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 Smart Powerr moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Smart Powerr 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 Smart Powerr 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 Smart Powerr Correlation against competitors. Note that the Smart Powerr Corp information on this page should be used as a complementary analysis to other Smart Powerr'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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Smart Stock analysis
When running Smart Powerr's price analysis, check to measure Smart Powerr'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 Smart Powerr is operating at the current time. Most of Smart Powerr's value examination focuses on studying past and present price action to predict the probability of Smart Powerr's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smart Powerr's price. Additionally, you may evaluate how the addition of Smart Powerr to your portfolios can decrease your overall portfolio volatility.
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Is Smart Powerr'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 Smart Powerr. If investors know Smart 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 Smart Powerr 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 (0.09) | Earnings Share (0.53) | Revenue Per Share (0) | Return On Assets (0.01) | Return On Equity (0.04) |
The market value of Smart Powerr Corp is measured differently than its book value, which is the value of Smart that is recorded on the company's balance sheet. Investors also form their own opinion of Smart Powerr's value that differs from its market value or its book value, called intrinsic value, which is Smart Powerr'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 Smart Powerr's market value can be influenced by many factors that don't directly affect Smart Powerr'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 Smart Powerr's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smart Powerr is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smart Powerr'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.