Domo Pretax Profit Margin from 2010 to 2024

DOMO Stock  USD 8.92  0.17  1.87%   
Domo Pretax Profit Margin yearly trend continues to be very stable with very little volatility. Pretax Profit Margin is likely to drop to -0.24. During the period from 2010 to 2024, Domo Pretax Profit Margin quarterly data regression pattern had range of 2.2133 and standard deviation of  1.00. View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
(0.23)
Current Value
(0.24)
Quarterly Volatility
1.00110655
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Domo financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Domo main balance sheet or income statement drivers, such as Tax Provision of 1.1 M, Depreciation And Amortization of 25.6 M or Interest Expense of 9.4 M, as well as many exotic indicators such as Short Term Coverage Ratios of 1.7, Price To Sales Ratio of 1.17 or Dividend Yield of 0.096. Domo financial statements analysis is a perfect complement when working with Domo Valuation or Volatility modules.
  
This module can also supplement Domo's financial leverage analysis and stock options assessment as well as various Domo Technical models . Check out the analysis of Domo Correlation against competitors.

Latest Domo's Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of Domo Inc over the last few years. It is Domo's Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Domo's 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  

Domo Pretax Profit Margin Regression Statistics

Arithmetic Mean(1.48)
Coefficient Of Variation(67.79)
Mean Deviation0.92
Median(1.62)
Standard Deviation1.00
Sample Variance1.00
Range2.2133
R-Value0.93
Mean Square Error0.14
R-Squared0.87
Slope0.21
Total Sum of Squares14.03

Domo Pretax Profit Margin History

2024 -0.24
2023 -0.23
2022 -0.34
2020 -0.4
2019 -0.72
2018 -1.07
2017 -1.62

About Domo Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Domo income statement, its balance sheet, and the statement of cash flows. Domo investors use historical funamental indicators, such as Domo's Pretax Profit Margin, to determine how well the company is positioned to perform in the future. Although Domo investors may use each financial statement separately, they are all related. The changes in Domo's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Domo'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 Domo Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Domo. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Pretax Profit Margin(0.23)(0.24)

Pair Trading with Domo

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

Moving against Domo Stock

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The ability to find closely correlated positions to Domo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Domo 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 Domo - 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 Domo Inc to buy it.
The correlation of Domo 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 Domo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Domo Inc 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 Domo 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 Domo Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Domo's 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 Domo Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Domo Inc Stock:
Check out the analysis of Domo Correlation against competitors.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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When running Domo's price analysis, check to measure Domo'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 Domo is operating at the current time. Most of Domo's value examination focuses on studying past and present price action to predict the probability of Domo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Domo's price. Additionally, you may evaluate how the addition of Domo to your portfolios can decrease your overall portfolio volatility.
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Is Domo'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 Domo. If investors know Domo 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 Domo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.16)
Revenue Per Share
8.849
Quarterly Revenue Growth
0.007
Return On Assets
(0.14)
The market value of Domo Inc is measured differently than its book value, which is the value of Domo that is recorded on the company's balance sheet. Investors also form their own opinion of Domo's value that differs from its market value or its book value, called intrinsic value, which is Domo'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 Domo's market value can be influenced by many factors that don't directly affect Domo'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 Domo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Domo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Domo'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.