Indaptus Gross Profit from 2010 to 2024
INDP Stock  USD 1.73 0.02 1.17% 
Gross Profit  First Reported 20101231  Previous Quarter 1.3 K  Current Value 1.3 K  Quarterly Volatility 416.1 K 
Check Indaptus Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Indaptus Therapeutics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 K, Interest Expense of 710.1 K or Selling General Administrative of 5.3 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.29. Indaptus financial statements analysis is a perfect complement when working with Indaptus Therapeutics Valuation or Volatility modules.
Indaptus  Gross Profit 
Latest Indaptus Therapeutics' Gross Profit Growth Pattern
Below is the plot of the Gross Profit of Indaptus Therapeutics over the last few years. Gross profit is a required income statement account that reflects total revenue of Indaptus Therapeutics minus its cost of goods sold. It is profit before Indaptus Therapeutics 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. Indaptus Therapeutics' Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Indaptus Therapeutics' 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 
Indaptus Gross Profit Regression Statistics
Arithmetic Mean  (569,778)  
Coefficient Of Variation  (73.02)  
Mean Deviation  378,963  
Median  (854,000)  
Standard Deviation  416,059  
Sample Variance  173.1B  
Range  853.1K  
RValue  0.82  
Mean Square Error  61.6B  
RSquared  0.67  
Significance  0.0002  
Slope  76,128  
Total Sum of Squares  2.4T 
Indaptus Gross Profit History
Other Fundumenentals of Indaptus Therapeutics
Indaptus Therapeutics Gross Profit component correlations
Click cells to compare fundamentals
About Indaptus Therapeutics Financial Statements
Indaptus Therapeutics shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Indaptus Therapeutics investors may analyze each financial statement separately, they are all interrelated. The changes in Indaptus Therapeutics' assets and liabilities, for example, are also reflected in the revenues and expenses on on Indaptus Therapeutics' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last Reported  Projected for Next Year  
Gross Profit  1.3 K  1.3 K 
Pair Trading with Indaptus Therapeutics
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 Indaptus Therapeutics 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 Indaptus Therapeutics will appreciate offsetting losses from the drop in the long position's value.Moving together with Indaptus Stock
0.69  DVAX  Dynavax Technologies Selloff Trend  PairCorr 
Moving against Indaptus Stock
0.65  EXEL  Exelixis  PairCorr 
0.64  NBIX  Neurocrine Biosciences  PairCorr 
0.63  LEGN  Legend Biotech Corp  PairCorr 
0.52  ITCI  Intracellular Th  PairCorr 
0.41  HALO  Halozyme Therapeutics  PairCorr 
The ability to find closely correlated positions to Indaptus Therapeutics could be a great tool in your taxloss harvesting strategies, allowing investors a quick way to find a similarenough asset to replace Indaptus Therapeutics 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 Indaptus Therapeutics  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 Indaptus Therapeutics to buy it.
The correlation of Indaptus Therapeutics 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 Indaptus Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Indaptus Therapeutics 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 Indaptus Therapeutics 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 Tools for Indaptus Stock Analysis
When running Indaptus Therapeutics' price analysis, check to measure Indaptus Therapeutics' 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 Indaptus Therapeutics is operating at the current time. Most of Indaptus Therapeutics' value examination focuses on studying past and present price action to predict the probability of Indaptus Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Indaptus Therapeutics' price. Additionally, you may evaluate how the addition of Indaptus Therapeutics to your portfolios can decrease your overall portfolio volatility.