Champions Operating Profit Margin from 2010 to 2024

CSBR Stock  USD 4.33  0.15  3.59%   
Champions Oncology Operating Profit Margin yearly trend continues to be relatively stable with very little volatility. Operating Profit Margin is likely to drop to -0.15. During the period from 2010 to 2024, Champions Oncology Operating Profit Margin destribution of quarterly values had r-value of  0.57 from its regression line and median of (0.15). View All Fundamentals
 
Operating Profit Margin  
First Reported
2010-12-31
Previous Quarter
(0.15)
Current Value
(0.15)
Quarterly Volatility
0.50190207
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Champions Oncology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Champions Oncology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2 M, Interest Expense of 38.3 K or Selling General Administrative of 11.6 M, as well as many indicators such as Price To Sales Ratio of 1.24, Dividend Yield of 0.0033 or Days Sales Outstanding of 72.79. Champions financial statements analysis is a perfect complement when working with Champions Oncology Valuation or Volatility modules.
  
Check out the analysis of Champions Oncology Correlation against competitors.
To learn how to invest in Champions Stock, please use our How to Invest in Champions Oncology guide.

Latest Champions Oncology's Operating Profit Margin Growth Pattern

Below is the plot of the Operating Profit Margin of Champions Oncology over the last few years. It is Champions Oncology's Operating Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Champions Oncology's overall financial position and show how it may be relating to other accounts over time.
Operating Profit Margin10 Years Trend
Slightly volatile
   Operating Profit Margin   
       Timeline  

Champions Operating Profit Margin Regression Statistics

Arithmetic Mean(0.39)
Coefficient Of Variation(128.17)
Mean Deviation0.41
Median(0.15)
Standard Deviation0.50
Sample Variance0.25
Range1.517
R-Value0.57
Mean Square Error0.18
R-Squared0.32
Significance0.03
Slope0.06
Total Sum of Squares3.53

Champions Operating Profit Margin History

2023 -0.15
2022 -0.0826
2021 0.0124
2020 0.008236
2019 -0.0457
2018 0.009975
2017 -0.0669

About Champions Oncology Financial Statements

Champions Oncology shareholders use historical fundamental indicators, such as Operating Profit Margin, to determine how well the company is positioned to perform in the future. Although Champions Oncology investors may analyze each financial statement separately, they are all interrelated. The changes in Champions Oncology's assets and liabilities, for example, are also reflected in the revenues and expenses on on Champions Oncology's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Operating Profit Margin(0.15)(0.15)

Pair Trading with Champions Oncology

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

Moving against Champions Stock

  0.46DRUG Bright Minds BiosciencesPairCorr
  0.31INM InMed PharmaceuticalsPairCorr
The ability to find closely correlated positions to Champions Oncology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Champions Oncology 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 Champions Oncology - 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 Champions Oncology to buy it.
The correlation of Champions Oncology 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 Champions Oncology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Champions Oncology 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 Champions Oncology 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

Additional Tools for Champions Stock Analysis

When running Champions Oncology's price analysis, check to measure Champions Oncology'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 Champions Oncology is operating at the current time. Most of Champions Oncology's value examination focuses on studying past and present price action to predict the probability of Champions Oncology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Champions Oncology's price. Additionally, you may evaluate how the addition of Champions Oncology to your portfolios can decrease your overall portfolio volatility.