Ispire Historical Financial Ratios
| ISPR Stock | 6.14 0.06 0.97% |
Ispire Technology is lately reporting on over 87 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 11.7 or Days Sales Outstanding of 152 will help investors to properly organize and evaluate Ispire Technology Common financial condition quickly.
Ispire |
About Ispire Financial Ratios Analysis
Ispire Technology CommonFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Ispire Technology investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Ispire financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Ispire Technology history.
Ispire Technology Financial Ratios Chart
Add Fundamental
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Ispire Technology Common stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Ispire Technology sales, a figure that is much harder to manipulate than other Ispire Technology Common multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Ispire Technology Common dividend as a percentage of Ispire Technology stock price. Ispire Technology Common dividend yield is a measure of Ispire Technology stock productivity, which can be interpreted as interest rate earned on an Ispire Technology investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most ratios from Ispire Technology's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios 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 fundamentals ratios, 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 Days Payables Outstanding is relatively stable compared to the past year. As of 12/01/2024, Tangible Book Value Per Share is likely to grow to 0.63, while Book Value Per Share is likely to drop 0.34.
| 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0068 | 0.00612 | 0.003192 | Price To Sales Ratio | 4.28 | 2.79 | 4.92 |
Ispire Technology fundamentals Correlations
Click cells to compare fundamentals
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
| 0.71 | LSF | Laird Superfood | PairCorr |
| 0.63 | KAVL | Kaival Brands Innovations | PairCorr |
| 0.59 | SAM | Boston Beer | PairCorr |
| 0.52 | TPB | Turning Point Brands | PairCorr |
| 0.47 | CCU | Compania Cervecerias | 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.