SharkNinja, Net Income vs Operating Income Analysis
| SN Stock | USD 99.27 3.44 3.35% |
SharkNinja, financial indicator trend analysis is much more than just breaking down SharkNinja, prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SharkNinja, is a good investment. Please check the relationship between SharkNinja, Net Income and its Operating Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SharkNinja,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in SharkNinja, Stock, please use our How to Invest in SharkNinja, guide.
Net Income vs Operating Income
Net Income vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SharkNinja, Net Income account and Operating Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between SharkNinja,'s Net Income and Operating Income is 0.43. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Operating Income in the same time period over historical financial statements of SharkNinja,, assuming nothing else is changed. The correlation between historical values of SharkNinja,'s Net Income 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 Net Income of SharkNinja, 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 Net Income i.e., SharkNinja,'s Net Income and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.43 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in SharkNinja, financial statement analysis. It represents the amount of money remaining after all of SharkNinja, operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Operating Income
Operating Income is the amount of profit realized from SharkNinja, 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 SharkNinja, 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 SharkNinja,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SharkNinja, 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 World Market Map to better understand how to build diversified portfolios, which includes a position in SharkNinja,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in SharkNinja, Stock, please use our How to Invest in SharkNinja, guide.As of the 26th of November 2024, Selling General Administrative is likely to grow to about 406.7 M, while Tax Provision is likely to drop about 66 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 2.3B | 2.3B | 2.3B | 2.5B | Total Revenue | 3.7B | 3.7B | 4.3B | 4.5B |
SharkNinja, fundamental ratios Correlations
Click cells to compare fundamentals
SharkNinja, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with SharkNinja,
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 SharkNinja, 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 SharkNinja, will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to SharkNinja, could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SharkNinja, 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 SharkNinja, - 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 SharkNinja, to buy it.
The correlation of SharkNinja, 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 SharkNinja, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SharkNinja, 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 SharkNinja, 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 World Market Map to better understand how to build diversified portfolios, which includes a position in SharkNinja,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in SharkNinja, Stock, please use our How to Invest in SharkNinja, guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Household Appliances 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 SharkNinja,. If investors know SharkNinja, 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 SharkNinja, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 6.231 | Earnings Share 2.55 | Revenue Per Share 36.67 | Quarterly Revenue Growth 0.332 | Return On Assets 0.0865 |
The market value of SharkNinja, is measured differently than its book value, which is the value of SharkNinja, that is recorded on the company's balance sheet. Investors also form their own opinion of SharkNinja,'s value that differs from its market value or its book value, called intrinsic value, which is SharkNinja,'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 SharkNinja,'s market value can be influenced by many factors that don't directly affect SharkNinja,'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 SharkNinja,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if SharkNinja, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SharkNinja,'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.