Viomi Net Interest Income from 2010 to 2024
| VIOT Stock | USD 0.76 0.02 2.70% |
Net Interest Income | First Reported 2010-12-31 | Previous Quarter 29.9 M | Current Value 19 M | Quarterly Volatility 13 M |
Check Viomi Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Viomi main balance sheet or income statement drivers, such as Tax Provision of 1.6 M, Net Interest Income of 19 M or Interest Income of 19 M, as well as many exotic indicators such as Price To Sales Ratio of 0.19, Dividend Yield of 0.0096 or PTB Ratio of 0.34. Viomi financial statements analysis is a perfect complement when working with Viomi Technology Valuation or Volatility modules.
Viomi | Net Interest Income |
Latest Viomi Technology's Net Interest Income Growth Pattern
Below is the plot of the Net Interest Income of Viomi Technology ADR over the last few years. It is the difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities. Viomi Technology's Net Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Viomi Technology's overall financial position and show how it may be relating to other accounts over time.
| Net Interest Income | 10 Years Trend |
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Net Interest Income |
| Timeline |
Viomi Net Interest Income Regression Statistics
| Arithmetic Mean | 10,337,424 | |
| Coefficient Of Variation | 125.68 | |
| Mean Deviation | 11,181,442 | |
| Median | 2,402,000 | |
| Standard Deviation | 12,992,222 | |
| Sample Variance | 168.8T | |
| Range | 32.3M | |
| R-Value | 0.79 | |
| Mean Square Error | 68T | |
| R-Squared | 0.63 | |
| Significance | 0.0004 | |
| Slope | 2,298,281 | |
| Total Sum of Squares | 2363.2T |
Viomi Net Interest Income History
About Viomi Technology Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Viomi Technology income statement, its balance sheet, and the statement of cash flows. Viomi Technology investors use historical funamental indicators, such as Viomi Technology's Net Interest Income, to determine how well the company is positioned to perform in the future. Although Viomi Technology investors may use each financial statement separately, they are all related. The changes in Viomi Technology's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Viomi Technology'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 Viomi Technology Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Viomi Technology. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Interest Income | 29.9 M | 19 M |
Pair Trading with Viomi Technology
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 Viomi Technology 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 Viomi Technology will appreciate offsetting losses from the drop in the long position's value.Moving against Viomi Stock
| 0.72 | HBB | Hamilton Beach Brands | PairCorr |
| 0.71 | WHR | Whirlpool | PairCorr |
| 0.63 | LEG | Leggett Platt | PairCorr |
| 0.63 | NTZ | Natuzzi SpA Earnings Call This Week | PairCorr |
| 0.6 | MBC | MasterBrand | PairCorr |
The ability to find closely correlated positions to Viomi Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Viomi Technology 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 Viomi Technology - 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 Viomi Technology ADR to buy it.
The correlation of Viomi Technology 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 Viomi Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Viomi Technology ADR 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 Viomi Technology 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 Viomi Technology Correlation against competitors. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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When running Viomi Technology's price analysis, check to measure Viomi Technology'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 Viomi Technology is operating at the current time. Most of Viomi Technology's value examination focuses on studying past and present price action to predict the probability of Viomi Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Viomi Technology's price. Additionally, you may evaluate how the addition of Viomi Technology to your portfolios can decrease your overall portfolio volatility.
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Is Viomi Technology'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 Viomi Technology. If investors know Viomi 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 Viomi Technology 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 (0.80) | Earnings Share (0.17) | Revenue Per Share 36.248 | Quarterly Revenue Growth (0.35) | Return On Assets (0.03) |
The market value of Viomi Technology ADR is measured differently than its book value, which is the value of Viomi that is recorded on the company's balance sheet. Investors also form their own opinion of Viomi Technology's value that differs from its market value or its book value, called intrinsic value, which is Viomi Technology'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 Viomi Technology's market value can be influenced by many factors that don't directly affect Viomi Technology'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 Viomi Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Viomi Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Viomi Technology'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.