Elevation Oncology Stock Operating Margin

ELEV Stock  USD 0.60  0.02  3.26%   
Elevation Oncology fundamentals help investors to digest information that contributes to Elevation Oncology's financial success or failures. It also enables traders to predict the movement of Elevation Stock. The fundamental analysis module provides a way to measure Elevation Oncology's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Elevation Oncology stock.
Last ReportedProjected for Next Year
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Elevation Oncology Company Operating Margin Analysis

Elevation Oncology's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.

Operating Margin

 = 

Operating Income

Revenue

X

100

More About Operating Margin | All Equity Analysis

Elevation Operating Margin Driver Correlations

Understanding the fundamental principles of building solid financial models for Elevation Oncology is extremely important. It helps to project a fair market value of Elevation Stock properly, considering its historical fundamentals such as Operating Margin. Since Elevation Oncology's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Elevation Oncology's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Elevation Oncology's interrelated accounts and indicators.
0.850.85-0.8-0.710.740.510.871.01.00.150.410.550.37-0.42-0.42
0.851.0-0.72-0.580.5-0.020.980.850.85-0.030.340.430.27-0.32-0.32
0.851.0-0.72-0.580.5-0.020.980.850.85-0.040.340.430.25-0.31-0.31
-0.8-0.72-0.720.17-0.74-0.38-0.63-0.81-0.820.340.00.020.00.00.0
-0.71-0.58-0.580.17-0.26-0.36-0.72-0.71-0.7-0.53-0.79-0.93-0.680.780.78
0.740.50.5-0.74-0.260.640.510.750.720.28-0.180.22-0.160.180.18
0.51-0.02-0.02-0.38-0.360.640.060.510.50.320.190.330.16-0.18-0.18
0.870.980.98-0.63-0.720.510.060.870.870.130.460.60.32-0.4-0.4
1.00.850.85-0.81-0.710.750.510.871.00.150.410.550.37-0.42-0.42
1.00.850.85-0.82-0.70.720.50.871.00.10.420.530.37-0.43-0.43
0.15-0.03-0.040.34-0.530.280.320.130.150.10.110.640.23-0.22-0.22
0.410.340.340.0-0.79-0.180.190.460.410.420.110.780.55-0.75-0.75
0.550.430.430.02-0.930.220.330.60.550.530.640.780.43-0.59-0.59
0.370.270.250.0-0.68-0.160.160.320.370.370.230.550.43-0.96-0.96
-0.42-0.32-0.310.00.780.18-0.18-0.4-0.42-0.43-0.22-0.75-0.59-0.961.0
-0.42-0.32-0.310.00.780.18-0.18-0.4-0.42-0.43-0.22-0.75-0.59-0.961.0
Click cells to compare fundamentals
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Competition

Based on the recorded statements, Elevation Oncology has an Operating Margin of 0.0%. This is 100.0% lower than that of the Biotechnology sector and 100.0% lower than that of the Health Care industry. The operating margin for all United States stocks is 100.0% lower than that of the firm.

Did you try this?

Run Price Exposure Probability Now

   

Price Exposure Probability

Analyze equity upside and downside potential for a given time horizon across multiple markets
All  Next Launch Module

Elevation Fundamentals

About Elevation Oncology Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Elevation Oncology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elevation Oncology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elevation Oncology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Elevation Stock Analysis

When running Elevation Oncology's price analysis, check to measure Elevation 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 Elevation Oncology is operating at the current time. Most of Elevation Oncology's value examination focuses on studying past and present price action to predict the probability of Elevation 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 Elevation Oncology's price. Additionally, you may evaluate how the addition of Elevation Oncology to your portfolios can decrease your overall portfolio volatility.