Geospace Operating Margin from 2010 to 2024
| GEOS Stock | USD 10.09 0.24 2.44% |
Check Geospace Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Geospace Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 11.3 M, Interest Expense of 146.4 K or Total Revenue of 114.3 M, as well as many indicators such as Price To Sales Ratio of 1.8, Dividend Yield of 0.0 or PTB Ratio of 2.18. Geospace financial statements analysis is a perfect complement when working with Geospace Technologies Valuation or Volatility modules.
Geospace | Operating Margin |
Latest Geospace Technologies' Operating Margin Growth Pattern
Below is the plot of the Operating Profit Margin of Geospace Technologies over the last few years. It is Geospace Technologies' Operating Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Geospace Technologies' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported (0.19) % | 10 Years Trend |
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Operating Profit Margin |
| Timeline |
Geospace Operating Margin Regression Statistics
| Arithmetic Mean | (0.12) | |
| Geometric Mean | 0.23 | |
| Coefficient Of Variation | (311.22) | |
| Mean Deviation | 0.31 | |
| Median | (0.07) | |
| Standard Deviation | 0.38 | |
| Sample Variance | 0.15 | |
| Range | 1.2312 | |
| R-Value | (0.08) | |
| Mean Square Error | 0.16 | |
| R-Squared | 0.01 | |
| Significance | 0.79 | |
| Slope | (0.01) | |
| Total Sum of Squares | 2.05 |
Geospace Operating Margin History
About Geospace Technologies Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Geospace Technologies income statement, its balance sheet, and the statement of cash flows. Geospace Technologies investors use historical funamental indicators, such as Geospace Technologies's Operating Margin, to determine how well the company is positioned to perform in the future. Although Geospace Technologies investors may use each financial statement separately, they are all related. The changes in Geospace Technologies's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Geospace Technologies'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 Geospace Technologies Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Geospace Technologies. Please read more on our technical analysis and fundamental analysis pages.
Geospace Technologies Corporation designs and manufactures instruments and equipment used in the oil and gas industry to acquire seismic data in order to locate, characterize, and monitor hydrocarbon producing reservoirs. Geospace Technologies Corporation was founded in 1980 and is headquartered in Houston, Texas. Geospace Technologie operates under Oil Gas Equipment Services classification in the United States and is traded on NASDAQ Exchange. It employs 649 people.
Pair Trading with Geospace Technologies
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 Geospace Technologies 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 Geospace Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with Geospace Stock
Moving against Geospace Stock
| 0.81 | VTOL | Bristow Group | PairCorr |
| 0.69 | DWSN | Dawson Geophysical | PairCorr |
| 0.64 | XPRO | Expro Group Holdings | PairCorr |
| 0.62 | MRC | MRC Global | PairCorr |
| 0.6 | CLB | Core Laboratories | PairCorr |
The ability to find closely correlated positions to Geospace Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Geospace Technologies 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 Geospace Technologies - 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 Geospace Technologies to buy it.
The correlation of Geospace Technologies 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 Geospace Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Geospace Technologies 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 Geospace Technologies 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.Additional Tools for Geospace Stock Analysis
When running Geospace Technologies' price analysis, check to measure Geospace Technologies' 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 Geospace Technologies is operating at the current time. Most of Geospace Technologies' value examination focuses on studying past and present price action to predict the probability of Geospace Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Geospace Technologies' price. Additionally, you may evaluate how the addition of Geospace Technologies to your portfolios can decrease your overall portfolio volatility.