Inspira Gross Profit from 2010 to 2024
IINN Stock  USD 1.12 0.03 2.75% 
Gross Profit  First Reported 20101231  Previous Quarter 406 K  Current Value 426.3 K  Quarterly Volatility 1.3 M 
Check Inspira Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Inspira Technologies' main balance sheet or income statement drivers, such as Interest Expense of 9.5 K, Other Operating Expenses of 8.8 M or Tax Provision of 0.0, as well as many indicators such as Dividend Yield of 0.0, Ptb Ratio of 2.35 or Book Value Per Share of 0.66. Inspira financial statements analysis is a perfect complement when working with Inspira Technologies Valuation or Volatility modules.
Inspira  Gross Profit 
Latest Inspira Technologies' Gross Profit Growth Pattern
Below is the plot of the Gross Profit of Inspira Technologies Oxy over the last few years. Gross profit is a required income statement account that reflects total revenue of Inspira Technologies Oxy minus its cost of goods sold. It is profit before Inspira Technologies operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Inspira Technologies' Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Inspira Technologies' overall financial position and show how it may be relating to other accounts over time.
View  Last Reported 0  10 Years Trend 

Gross Profit 
Timeline 
Inspira Gross Profit Regression Statistics
Arithmetic Mean  (470,153)  
Coefficient Of Variation  (270.05)  
Mean Deviation  609,180  
Median  (76,000)  
Standard Deviation  1,269,671  
Sample Variance  1.6T  
Range  5M  
RValue  (0.38)  
Mean Square Error  1.5T  
RSquared  0.14  
Significance  0.16  
Slope  (107,843)  
Total Sum of Squares  22.6T 
Inspira Gross Profit History
Other Fundumenentals of Inspira Technologies Oxy
Inspira Technologies Gross Profit component correlations
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About Inspira Technologies Financial Statements
Inspira Technologies investors utilize fundamental indicators, such as Gross Profit, to predict how Inspira Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last Reported  Projected for Next Year  
Gross Profit  406 K  426.3 K  
Gross Profit Margin  0.97  0.86 
Pair Trading with Inspira 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 Inspira 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 Inspira Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with Inspira Stock
Moving against Inspira Stock
0.78  NHC  National HealthCare  PairCorr 
0.77  ENSG  Ensign Group  PairCorr 
0.69  ASTH  Astrana Health Symbol Change  PairCorr 
0.6  CHE  Chemed Corp  PairCorr 
0.6  CYH  Community Health Systems  PairCorr 
The ability to find closely correlated positions to Inspira Technologies could be a great tool in your taxloss harvesting strategies, allowing investors a quick way to find a similarenough asset to replace Inspira 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 Inspira 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 Inspira Technologies Oxy to buy it.
The correlation of Inspira 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 Inspira Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Inspira Technologies Oxy 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 Inspira Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better riskadjusted return on your portfolios.Additional Information and Resources on Investing in Inspira Stock
When determining whether Inspira Technologies Oxy is a strong investment it is important to analyze Inspira Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Inspira Technologies' future performance. For an informed investment choice regarding Inspira Stock, refer to the following important reports:Check out the analysis of Inspira Technologies Correlation against competitors. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Health Care Equipment & Supplies space 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 Inspira Technologies. If investors know Inspira 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 Inspira Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.78)  Return On Assets (0.60)  Return On Equity (1.17) 
The market value of Inspira Technologies Oxy is measured differently than its book value, which is the value of Inspira that is recorded on the company's balance sheet. Investors also form their own opinion of Inspira Technologies' value that differs from its market value or its book value, called intrinsic value, which is Inspira Technologies' 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 Inspira Technologies' market value can be influenced by many factors that don't directly affect Inspira Technologies' 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 Inspira Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Inspira Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Inspira Technologies' 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.