Interactive Gross Profit from 2010 to 2024

TRNR Stock   3.28  0.17  4.93%   
Interactive Strength Gross Profit yearly trend continues to be relatively stable with very little volatility. Gross Profit is likely to drop to about -5.8 M. Gross Profit is the profit Interactive Strength Common makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2010-12-31
Previous Quarter
-5.5 M
Current Value
-5.8 M
Quarterly Volatility
2.8 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Interactive Strength financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Interactive Strength's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Depreciation And Amortization of 4.1 M or Interest Expense of 1 M, as well as many indicators such as Price To Sales Ratio of 1.1 K, Dividend Yield of 0.0 or Days Sales Outstanding of 159. Interactive financial statements analysis is a perfect complement when working with Interactive Strength Valuation or Volatility modules.
  
Check out the analysis of Interactive Strength Correlation against competitors.

Latest Interactive Strength's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Interactive Strength Common over the last few years. Gross profit is a required income statement account that reflects total revenue of Interactive Strength Common minus its cost of goods sold. It is profit before Interactive Strength operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Interactive Strength's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Interactive Strength's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (8.87 M)10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Interactive Gross Profit Regression Statistics

Arithmetic Mean(1,932,027)
Coefficient Of Variation(146.24)
Mean Deviation2,308,572
Median(358,000)
Standard Deviation2,825,333
Sample Variance8T
Range8.5M
R-Value(0.73)
Mean Square Error4T
R-Squared0.54
Significance0
Slope(462,967)
Total Sum of Squares111.8T

Interactive Gross Profit History

2024-5.8 M
2023-5.5 M
2022-8.9 M
2021-4.8 M

Other Fundumenentals of Interactive Strength

Interactive Strength Gross Profit component correlations

0.880.56-0.98-0.09-0.80.49-0.740.250.630.090.990.340.090.120.970.80.93-0.470.63-0.47
0.880.12-0.87-0.54-0.530.14-0.93-0.220.21-0.390.890.730.52-0.360.920.610.96-0.250.36-0.25
0.560.12-0.590.75-0.850.930.010.890.990.830.5-0.58-0.760.840.390.740.34-0.640.85-0.64
-0.98-0.87-0.590.080.87-0.570.78-0.23-0.65-0.07-0.96-0.31-0.03-0.1-0.92-0.88-0.960.58-0.730.58
-0.09-0.540.750.08-0.310.660.660.930.70.98-0.13-0.96-0.940.97-0.230.18-0.36-0.250.41-0.25
-0.8-0.53-0.850.87-0.31-0.850.51-0.52-0.86-0.42-0.740.130.43-0.44-0.64-0.95-0.750.82-0.950.82
0.490.140.93-0.570.66-0.85-0.050.760.90.680.41-0.51-0.70.690.270.850.38-0.60.94-0.6
-0.74-0.930.010.780.660.51-0.050.42-0.060.53-0.74-0.77-0.520.51-0.77-0.56-0.920.42-0.340.42
0.25-0.220.89-0.230.93-0.520.760.420.880.980.23-0.8-0.840.980.120.4-0.06-0.320.55-0.32
0.630.210.99-0.650.7-0.860.9-0.060.880.80.59-0.51-0.70.810.480.760.41-0.630.84-0.63
0.09-0.390.83-0.070.98-0.420.680.530.980.80.06-0.89-0.911.0-0.040.26-0.21-0.330.46-0.33
0.990.890.5-0.96-0.13-0.740.41-0.740.230.590.060.380.150.090.990.730.91-0.410.54-0.41
0.340.73-0.58-0.31-0.960.13-0.51-0.77-0.8-0.51-0.890.380.95-0.880.480.00.550.22-0.280.22
0.090.52-0.76-0.03-0.940.43-0.7-0.52-0.84-0.7-0.910.150.95-0.90.27-0.270.280.52-0.540.52
0.12-0.360.84-0.10.97-0.440.690.510.980.811.00.09-0.88-0.9-0.010.28-0.19-0.340.48-0.34
0.970.920.39-0.92-0.23-0.640.27-0.770.120.48-0.040.990.480.27-0.010.630.9-0.340.42-0.34
0.80.610.74-0.880.18-0.950.85-0.560.40.760.260.730.0-0.270.280.630.8-0.670.95-0.67
0.930.960.34-0.96-0.36-0.750.38-0.92-0.060.41-0.210.910.550.28-0.190.90.8-0.50.6-0.5
-0.47-0.25-0.640.58-0.250.82-0.60.42-0.32-0.63-0.33-0.410.220.52-0.34-0.34-0.67-0.5-0.761.0
0.630.360.85-0.730.41-0.950.94-0.340.550.840.460.54-0.28-0.540.480.420.950.6-0.76-0.76
-0.47-0.25-0.640.58-0.250.82-0.60.42-0.32-0.63-0.33-0.410.220.52-0.34-0.34-0.67-0.51.0-0.76
Click cells to compare fundamentals

About Interactive Strength Financial Statements

Interactive Strength shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Interactive Strength investors may analyze each financial statement separately, they are all interrelated. The changes in Interactive Strength's assets and liabilities, for example, are also reflected in the revenues and expenses on on Interactive Strength's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Gross Profit-5.5 M-5.8 M
Gross Profit Margin(5.75)(6.03)

Pair Trading with Interactive Strength

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 Interactive Strength 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 Interactive Strength will appreciate offsetting losses from the drop in the long position's value.

Moving against Interactive Stock

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The ability to find closely correlated positions to Interactive Strength could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Interactive Strength 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 Interactive Strength - 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 Interactive Strength Common to buy it.
The correlation of Interactive Strength 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 Interactive Strength moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Interactive Strength 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 Interactive Strength 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.
Pair CorrelationCorrelation Matching

Additional Tools for Interactive Stock Analysis

When running Interactive Strength's price analysis, check to measure Interactive Strength'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 Interactive Strength is operating at the current time. Most of Interactive Strength's value examination focuses on studying past and present price action to predict the probability of Interactive Strength's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Interactive Strength's price. Additionally, you may evaluate how the addition of Interactive Strength to your portfolios can decrease your overall portfolio volatility.