Cantaloupe Gross Profit from 2010 to 2024
CTLP Stock | USD 9.00 0.12 1.35% |
Gross Profit | First Reported 1996-06-30 | Previous Quarter 27.1 M | Current Value 64.6 M | Quarterly Volatility 8.8 M |
Check Cantaloupe financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cantaloupe's main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.8 M, Interest Expense of 1.7 M or Selling General Administrative of 22.3 M, as well as many indicators such as Price To Sales Ratio of 1.69, Dividend Yield of 0.0026 or PTB Ratio of 2.71. Cantaloupe financial statements analysis is a perfect complement when working with Cantaloupe Valuation or Volatility modules.
Cantaloupe | Gross Profit |
Latest Cantaloupe's Gross Profit Growth Pattern
Below is the plot of the Gross Profit of Cantaloupe over the last few years. Gross profit is a required income statement account that reflects total revenue of Cantaloupe minus its cost of goods sold. It is profit before Cantaloupe 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. Cantaloupe's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cantaloupe's overall financial position and show how it may be relating to other accounts over time.
View | Last Reported 81.24 M | 10 Years Trend |
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Gross Profit |
Timeline |
Cantaloupe Gross Profit Regression Statistics
Arithmetic Mean | 40,197,335 | |
Geometric Mean | 22,812,486 | |
Coefficient Of Variation | 75.55 | |
Mean Deviation | 24,441,605 | |
Median | 35,676,000 | |
Standard Deviation | 30,370,601 | |
Sample Variance | 922.4T | |
Range | 96.6M | |
R-Value | 0.96 | |
Mean Square Error | 70.5T | |
R-Squared | 0.93 | |
Slope | 6,545,592 | |
Total Sum of Squares | 12913.2T |
Cantaloupe Gross Profit History
Other Fundumenentals of Cantaloupe
Cantaloupe Gross Profit component correlations
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About Cantaloupe Financial Statements
Cantaloupe shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Cantaloupe investors may analyze each financial statement separately, they are all interrelated. The changes in Cantaloupe's assets and liabilities, for example, are also reflected in the revenues and expenses on on Cantaloupe's 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 | 92.1 M | 96.7 M | |
Gross Profit Margin | 0.34 | 0.23 |
Pair Trading with Cantaloupe
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 Cantaloupe 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 Cantaloupe will appreciate offsetting losses from the drop in the long position's value.Moving together with Cantaloupe Stock
0.72 | BR | Broadridge Financial | PairCorr |
0.89 | FI | Fiserv, Sell-off Trend | PairCorr |
0.74 | IT | Gartner | PairCorr |
0.73 | DMRC | Digimarc | PairCorr |
Moving against Cantaloupe Stock
The ability to find closely correlated positions to Cantaloupe could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cantaloupe 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 Cantaloupe - 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 Cantaloupe to buy it.
The correlation of Cantaloupe 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 Cantaloupe moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cantaloupe 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 Cantaloupe 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 Cantaloupe Stock Analysis
When running Cantaloupe's price analysis, check to measure Cantaloupe'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 Cantaloupe is operating at the current time. Most of Cantaloupe's value examination focuses on studying past and present price action to predict the probability of Cantaloupe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cantaloupe's price. Additionally, you may evaluate how the addition of Cantaloupe to your portfolios can decrease your overall portfolio volatility.