Phoenix Historical Income Statement
| PXPP Stock | USD 0.0001 0.00 0.00% |
Historical analysis of Phoenix Apps income statement accounts such as Tax Provision of 0.0, Research Development of 0.0 or Cost Of Revenue of 7.4 K can show how well Phoenix Apps performed in making a profits. Evaluating Phoenix Apps income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Phoenix Apps's future profits or losses.
Phoenix |
About Phoenix Income Statement Analysis
Phoenix Apps 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 Phoenix Apps shareholders. The income statement also shows Phoenix 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).
Phoenix Apps Income Statement Chart
Add Fundamental
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Phoenix Apps minus its cost of goods sold. It is profit before Phoenix Apps operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Cost Of Revenue
Cost of Revenue is found on Phoenix Apps income statement and represents the costs associated with goods and services Phoenix Apps provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Phoenix Apps' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Phoenix Apps 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 Phoenix Apps. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Phoenix Stock, please use our How to Invest in Phoenix Apps guide.As of 11/29/2024, Selling General Administrative is likely to drop to about 31.8 K. In addition to that, Gross Profit is likely to grow to -3,426
Phoenix Apps income statement Correlations
Click cells to compare fundamentals
Phoenix Apps Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Phoenix Apps
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 Phoenix Apps 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 Phoenix Apps will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Phoenix Apps could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Phoenix Apps 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 Phoenix Apps - 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 Phoenix Apps to buy it.
The correlation of Phoenix Apps 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 Phoenix Apps moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Phoenix Apps 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 Phoenix Apps 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 Phoenix Stock Analysis
When running Phoenix Apps' price analysis, check to measure Phoenix Apps' 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 Phoenix Apps is operating at the current time. Most of Phoenix Apps' value examination focuses on studying past and present price action to predict the probability of Phoenix Apps' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Phoenix Apps' price. Additionally, you may evaluate how the addition of Phoenix Apps to your portfolios can decrease your overall portfolio volatility.