CLPS Gross Profit Margin from 2010 to 2024
| CLPS Stock | USD 0.92 0.03 3.16% |
Gross Profit Margin | First Reported 2010-12-31 | Previous Quarter 0.26 | Current Value 0.37 | Quarterly Volatility 0.05829414 |
Check CLPS financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CLPS main balance sheet or income statement drivers, such as Tax Provision of 830.2 K, Discontinued Operations of 0.0 or Depreciation And Amortization of 1.5 M, as well as many exotic indicators such as Price To Sales Ratio of 0.2, Dividend Yield of 0.036 or PTB Ratio of 0.46. CLPS financial statements analysis is a perfect complement when working with CLPS Valuation or Volatility modules.
CLPS | Gross Profit Margin |
Latest CLPS's Gross Profit Margin Growth Pattern
Below is the plot of the Gross Profit Margin of CLPS Inc over the last few years. It is CLPS's Gross Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CLPS's overall financial position and show how it may be relating to other accounts over time.
| Gross Profit Margin | 10 Years Trend |
|
Gross Profit Margin |
| Timeline |
CLPS Gross Profit Margin Regression Statistics
| Arithmetic Mean | 0.35 | |
| Geometric Mean | 0.35 | |
| Coefficient Of Variation | 16.45 | |
| Mean Deviation | 0.05 | |
| Median | 0.37 | |
| Standard Deviation | 0.06 | |
| Sample Variance | 0 | |
| Range | 0.1754 | |
| R-Value | (0.76) | |
| Mean Square Error | 0 | |
| R-Squared | 0.57 | |
| Significance | 0 | |
| Slope | (0.01) | |
| Total Sum of Squares | 0.05 |
CLPS Gross Profit Margin History
About CLPS Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include CLPS income statement, its balance sheet, and the statement of cash flows. CLPS investors use historical funamental indicators, such as CLPS's Gross Profit Margin, to determine how well the company is positioned to perform in the future. Although CLPS investors may use each financial statement separately, they are all related. The changes in CLPS's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on CLPS's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on CLPS Financial Statements. Understanding these patterns can help to make the right decision on long term investment in CLPS. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Gross Profit Margin | 0.26 | 0.37 |
Pair Trading with CLPS
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 CLPS 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 CLPS will appreciate offsetting losses from the drop in the long position's value.Moving together with CLPS Stock
| 0.7 | IT | Gartner | PairCorr |
Moving against CLPS Stock
| 0.48 | FIS | Fidelity National | PairCorr |
| 0.42 | GDS | GDS Holdings | PairCorr |
The ability to find closely correlated positions to CLPS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CLPS 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 CLPS - 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 CLPS Inc to buy it.
The correlation of CLPS 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 CLPS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CLPS Inc 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 CLPS 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 the analysis of CLPS Correlation against competitors. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for CLPS Stock analysis
When running CLPS's price analysis, check to measure CLPS'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 CLPS is operating at the current time. Most of CLPS's value examination focuses on studying past and present price action to predict the probability of CLPS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CLPS's price. Additionally, you may evaluate how the addition of CLPS to your portfolios can decrease your overall portfolio volatility.
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Is CLPS's industry 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 CLPS. If investors know CLPS 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 CLPS 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 (0.84) | Earnings Share (0.10) | Revenue Per Share 6.121 | Quarterly Revenue Growth (0.07) | Return On Assets 0.0011 |
The market value of CLPS Inc is measured differently than its book value, which is the value of CLPS that is recorded on the company's balance sheet. Investors also form their own opinion of CLPS's value that differs from its market value or its book value, called intrinsic value, which is CLPS'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 CLPS's market value can be influenced by many factors that don't directly affect CLPS'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 CLPS's value and its price as these two are different measures arrived at by different means. Investors typically determine if CLPS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CLPS'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.