Alpha Gross Profit from 2010 to 2025
| TKNO Stock | USD 8.84 0.66 6.95% |
Gross Profit | First Reported 2010-12-31 | Previous Quarter 11.8 M | Current Value 15.8 M | Quarterly Volatility 3.8 M |
Check Alpha Teknova financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alpha Teknova's main balance sheet or income statement drivers, such as Interest Income of 84.2 K, Depreciation And Amortization of 3.5 M or Interest Expense of 1 M, as well as many indicators such as Price To Sales Ratio of 3.53, Dividend Yield of 0.0 or PTB Ratio of 1.44. Alpha financial statements analysis is a perfect complement when working with Alpha Teknova Valuation or Volatility modules.
Alpha | Gross Profit |
Latest Alpha Teknova's Gross Profit Growth Pattern
Below is the plot of the Gross Profit of Alpha Teknova over the last few years. Gross profit is a required income statement account that reflects total revenue of Alpha Teknova minus its cost of goods sold. It is profit before Alpha Teknova 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. Alpha Teknova's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Alpha Teknova's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 17.48 M | 10 Years Trend |
|
Gross Profit |
| Timeline |
Alpha Gross Profit Regression Statistics
| Arithmetic Mean | 11,031,702 | |
| Geometric Mean | 10,522,250 | |
| Coefficient Of Variation | 34.26 | |
| Mean Deviation | 3,164,091 | |
| Median | 8,574,000 | |
| Standard Deviation | 3,779,631 | |
| Sample Variance | 14.3T | |
| Range | 9.2M | |
| R-Value | 0.66 | |
| Mean Square Error | 8.5T | |
| R-Squared | 0.44 | |
| Significance | 0 | |
| Slope | 527,691 | |
| Total Sum of Squares | 214.3T |
Alpha Gross Profit History
Other Fundumenentals of Alpha Teknova
Alpha Teknova Gross Profit component correlations
Click cells to compare fundamentals
About Alpha Teknova Financial Statements
Alpha Teknova investors utilize fundamental indicators, such as Gross Profit, to predict how Alpha Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Gross Profit | 11.8 M | 15.8 M | |
| Gross Profit Margin | 0.32 | 0.47 |
Pair Trading with Alpha Teknova
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 Alpha Teknova 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 Alpha Teknova will appreciate offsetting losses from the drop in the long position's value.Moving against Alpha Stock
| 0.77 | PNTG | Pennant Group | PairCorr |
| 0.72 | INNV | InnovAge Holding Corp Earnings Call This Week | PairCorr |
| 0.7 | UPC | Universe Pharmaceuticals | PairCorr |
| 0.65 | DERM | Journey Medical Corp Upward Rally | PairCorr |
| 0.64 | NHC | National HealthCare | PairCorr |
The ability to find closely correlated positions to Alpha Teknova could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alpha Teknova 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 Alpha Teknova - 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 Alpha Teknova to buy it.
The correlation of Alpha Teknova 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 Alpha Teknova moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alpha Teknova 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 Alpha Teknova 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 Alpha Teknova Correlation against competitors. To learn how to invest in Alpha Stock, please use our How to Invest in Alpha Teknova guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Biotechnology space 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 Alpha Teknova. If investors know Alpha 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 Alpha Teknova listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.92) | Revenue Per Share | Quarterly Revenue Growth (0.17) | Return On Assets | Return On Equity |
The market value of Alpha Teknova is measured differently than its book value, which is the value of Alpha that is recorded on the company's balance sheet. Investors also form their own opinion of Alpha Teknova's value that differs from its market value or its book value, called intrinsic value, which is Alpha Teknova'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 Alpha Teknova's market value can be influenced by many factors that don't directly affect Alpha Teknova'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 Alpha Teknova's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alpha Teknova is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alpha Teknova'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.