| RSVR Stock | | | USD 9.43 0.44 4.89% |
Reservoir Media financial indicator trend analysis is much more than just breaking down Reservoir Media prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Reservoir Media is a good investment. Please check the relationship between Reservoir Media Gross Profit and its Operating Income accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reservoir Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
To learn how to invest in Reservoir Stock, please use our
How to Invest in Reservoir Media guide.
Gross Profit vs Operating Income
Gross Profit vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Reservoir Media Gross Profit account and
Operating Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between Reservoir Media's Gross Profit and Operating Income is 0.24. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Reservoir Media, assuming nothing else is changed. The correlation between historical values of Reservoir Media's Gross Profit and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Reservoir Media are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Gross Profit i.e., Reservoir Media's Gross Profit and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.24 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Reservoir Media minus its cost of goods sold. It is profit before Reservoir Media 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.
Operating Income
Operating Income is the amount of profit realized from Reservoir Media operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Reservoir Media is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Reservoir Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Reservoir Media current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 Reservoir Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
To learn how to invest in Reservoir Stock, please use our
How to Invest in Reservoir Media guide.As of 11/24/2024,
Enterprise Value is likely to grow to about 885.8
M, while
Selling General Administrative is likely to drop slightly above 24.2
M.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 63.7T | 74.3M | 64.4M | 61.2M | Total Revenue | 107.8M | 122.3M | 144.9M | 104.1M |
Reservoir Media fundamental ratios Correlations
Click cells to compare fundamentals
Reservoir Media Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Reservoir Media fundamental ratios Accounts
Pair Trading with Reservoir Media
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 Reservoir Media 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 Reservoir Media will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Reservoir Media could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Reservoir Media 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 Reservoir Media - 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 Reservoir Media to buy it.
The correlation of Reservoir Media 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 Reservoir Media moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Reservoir Media 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 Reservoir Media 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 Reservoir Stock Analysis
When running Reservoir Media's price analysis, check to
measure Reservoir Media'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 Reservoir Media is operating at the current time. Most of Reservoir Media's value examination focuses on studying past and present price action to
predict the probability of Reservoir Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reservoir Media's price. Additionally, you may evaluate how the addition of Reservoir Media to your portfolios can decrease your overall portfolio volatility.