Chicago Gross Profit from 2010 to 2024

CVR Stock  USD 18.85  0.36  1.95%   
Chicago Rivet Gross Profit yearly trend continues to be relatively stable with very little volatility. Gross Profit is likely to grow to about -569.6 K this year. Gross Profit is the profit Chicago Rivet Machine makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1985-09-30
Previous Quarter
1.4 M
Current Value
695 K
Quarterly Volatility
1.4 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Chicago Rivet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Chicago Rivet's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.3 M, Interest Expense of 110.4 K or Selling General Administrative of 5.9 M, as well as many indicators such as Price To Sales Ratio of 0.76, Dividend Yield of 0.0449 or PTB Ratio of 1.06. Chicago financial statements analysis is a perfect complement when working with Chicago Rivet Valuation or Volatility modules.
  
Check out the analysis of Chicago Rivet Correlation against competitors.

Latest Chicago Rivet's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Chicago Rivet Machine over the last few years. Gross profit is a required income statement account that reflects total revenue of Chicago Rivet Machine minus its cost of goods sold. It is profit before Chicago Rivet 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. Chicago Rivet's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Chicago Rivet's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 3.82 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Chicago Gross Profit Regression Statistics

Arithmetic Mean6,032,104
Geometric Mean4,944,523
Coefficient Of Variation50.50
Mean Deviation2,247,288
Median6,649,524
Standard Deviation3,046,190
Sample Variance9.3T
Range9.6M
R-Value(0.72)
Mean Square Error4.8T
R-Squared0.52
Significance0
Slope(490,412)
Total Sum of Squares129.9T

Chicago Gross Profit History

2024-569.6 K
2023-599.6 K
20223.8 M
20216.5 M
20204.9 M
20195.7 M
20187.9 M

Other Fundumenentals of Chicago Rivet Machine

Chicago Rivet Gross Profit component correlations

0.980.370.970.77-0.340.87-0.05-0.730.340.01-0.170.31-0.510.70.080.320.270.230.260.08
0.980.380.990.76-0.490.83-0.06-0.770.350.04-0.130.28-0.550.710.140.320.280.280.280.14
0.370.380.460.73-0.310.310.62-0.750.710.210.0-0.38-0.790.16-0.050.29-0.19-0.13-0.22-0.05
0.970.990.460.8-0.530.820.0-0.830.40.05-0.140.2-0.610.680.170.350.240.290.270.17
0.770.760.730.8-0.240.720.36-0.860.56-0.04-0.25-0.03-0.720.370.150.53-0.050.170.190.15
-0.34-0.49-0.31-0.53-0.24-0.180.050.50.01-0.48-0.380.080.53-0.520.080.05-0.50.040.130.08
0.870.830.310.820.72-0.180.18-0.730.33-0.18-0.37-0.01-0.570.380.150.270.170.350.520.15
-0.05-0.060.620.00.360.050.18-0.30.370.120.02-0.58-0.44-0.2-0.050.04-0.25-0.030.01-0.05
-0.73-0.77-0.75-0.83-0.860.5-0.73-0.3-0.640.090.330.270.88-0.27-0.26-0.420.05-0.29-0.28-0.26
0.340.350.710.40.560.010.330.37-0.64-0.42-0.55-0.33-0.51-0.160.510.27-0.650.420.270.51
0.010.040.210.05-0.04-0.48-0.180.120.09-0.420.970.13-0.110.63-0.83-0.180.76-0.79-0.78-0.83
-0.17-0.130.0-0.14-0.25-0.38-0.370.020.33-0.550.970.20.130.54-0.8-0.260.72-0.77-0.78-0.8
0.310.28-0.380.2-0.030.08-0.01-0.580.27-0.330.130.20.440.55-0.12-0.030.3-0.07-0.12-0.12
-0.51-0.55-0.79-0.61-0.720.53-0.57-0.440.88-0.51-0.110.130.44-0.170.02-0.22-0.08-0.02-0.050.02
0.70.710.160.680.37-0.520.38-0.2-0.27-0.160.630.540.55-0.17-0.420.030.7-0.3-0.32-0.42
0.080.14-0.050.170.150.080.15-0.05-0.260.51-0.83-0.8-0.120.02-0.420.33-0.730.950.81.0
0.320.320.290.350.530.050.270.04-0.420.27-0.18-0.26-0.03-0.220.030.33-0.220.310.280.33
0.270.28-0.190.24-0.05-0.50.17-0.250.05-0.650.760.720.3-0.080.7-0.73-0.22-0.56-0.4-0.73
0.230.28-0.130.290.170.040.35-0.03-0.290.42-0.79-0.77-0.07-0.02-0.30.950.31-0.560.920.95
0.260.28-0.220.270.190.130.520.01-0.280.27-0.78-0.78-0.12-0.05-0.320.80.28-0.40.920.8
0.080.14-0.050.170.150.080.15-0.05-0.260.51-0.83-0.8-0.120.02-0.421.00.33-0.730.950.8
Click cells to compare fundamentals

About Chicago Rivet Financial Statements

Chicago Rivet shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Chicago Rivet investors may analyze each financial statement separately, they are all interrelated. The changes in Chicago Rivet's assets and liabilities, for example, are also reflected in the revenues and expenses on on Chicago Rivet'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
Gross Profit-599.6 K-569.6 K
Gross Profit Margin(0.02)(0.02)

Pair Trading with Chicago Rivet

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 Chicago Rivet 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 Chicago Rivet will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Chicago Rivet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chicago Rivet 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 Chicago Rivet - 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 Chicago Rivet Machine to buy it.
The correlation of Chicago Rivet 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 Chicago Rivet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chicago Rivet Machine 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 Chicago Rivet 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 Chicago Stock Analysis

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