Ispire Historical Income Statement
| ISPR Stock | 6.25 0.04 0.64% |
Historical analysis of Ispire Technology income statement accounts such as Interest Income of 383.5 K or Depreciation And Amortization of 905.5 K can show how well Ispire Technology Common performed in making a profits. Evaluating Ispire Technology income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ispire Technology's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Ispire Technology Common 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 Ispire Technology Common is a good buy for the upcoming year.
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About Ispire Income Statement Analysis
Ispire Technology Common 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 Ispire Technology shareholders. The income statement also shows Ispire 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).
Ispire Technology Income Statement Chart
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Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Total Revenue
Total revenue comprises all receipts Ispire Technology Common 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.Most accounts from Ispire Technology's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ispire Technology Common 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ispire Technology Common. 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. At this time, Ispire Technology's Net Interest Income is relatively stable compared to the past year. As of 11/22/2024, Interest Income is likely to grow to about 383.5 K, while Depreciation And Amortization is likely to drop slightly above 905.5 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 5.1K | 195.2K | 365.3K | 383.5K | Tax Provision | 1.1M | 1.2M | 1.3M | 1.2M |
Ispire Technology income statement Correlations
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Ispire Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Ispire Technology
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 Ispire Technology 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 Ispire Technology will appreciate offsetting losses from the drop in the long position's value.Moving together with Ispire Stock
Moving against Ispire Stock
| 0.72 | LW | Lamb Weston Holdings | PairCorr |
| 0.57 | K | Kellanova | PairCorr |
| 0.49 | PM | Philip Morris Intern | PairCorr |
| 0.49 | FDP | Fresh Del Monte | PairCorr |
| 0.34 | VITL | Vital Farms | PairCorr |
The ability to find closely correlated positions to Ispire Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ispire Technology 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 Ispire Technology - 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 Ispire Technology Common to buy it.
The correlation of Ispire Technology 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 Ispire Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ispire Technology Common 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 Ispire Technology 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 Ispire Stock Analysis
When running Ispire Technology's price analysis, check to measure Ispire Technology'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 Ispire Technology is operating at the current time. Most of Ispire Technology's value examination focuses on studying past and present price action to predict the probability of Ispire Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ispire Technology's price. Additionally, you may evaluate how the addition of Ispire Technology to your portfolios can decrease your overall portfolio volatility.