Oscar Historical Income Statement
OSCR Stock | USD 16.85 0.87 5.44% |
Historical analysis of Oscar Health income statement accounts such as Interest Expense of 25.8 M can show how well Oscar Health performed in making a profits. Evaluating Oscar Health income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Oscar Health's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Oscar Health latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Oscar Health is a good buy for the upcoming year.
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About Oscar Income Statement Analysis
Oscar Health Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Oscar Health shareholders. The income statement also shows Oscar investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Oscar Health Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Oscar Health generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Oscar Health. It is also known as Oscar Health overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Oscar Health's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Oscar Health current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oscar Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Oscar Stock, please use our How to Invest in Oscar Health guide.At this time, Oscar Health's Minority Interest is relatively stable compared to the past year.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 14.6M | 15.3M | 30.7M | 17.3M | Interest Income | 10.3M | 31.3M | 36.0M | 37.8M |
Oscar Health income statement Correlations
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Oscar Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Oscar Health
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 Oscar Health 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 Oscar Health will appreciate offsetting losses from the drop in the long position's value.Moving against Oscar Stock
0.56 | RELY | Remitly Global | PairCorr |
0.55 | FLYW | Flywire Corp | PairCorr |
0.48 | FIS | Fidelity National | PairCorr |
0.43 | DISTR | Distoken Acquisition | PairCorr |
0.42 | DLO | Dlocal | PairCorr |
The ability to find closely correlated positions to Oscar Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Oscar Health 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 Oscar Health - 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 Oscar Health to buy it.
The correlation of Oscar Health 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 Oscar Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Oscar Health 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 Oscar Health 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 Oscar Stock Analysis
When running Oscar Health's price analysis, check to measure Oscar Health'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 Oscar Health is operating at the current time. Most of Oscar Health's value examination focuses on studying past and present price action to predict the probability of Oscar Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oscar Health's price. Additionally, you may evaluate how the addition of Oscar Health to your portfolios can decrease your overall portfolio volatility.