Impact Return On Assets from 2010 to 2025
| IBO Stock | USD 1.85 0.08 4.15% |
Return On Assets | First Reported 2010-12-31 | Previous Quarter (1.91) | Current Value (2.01) | Quarterly Volatility 0.37874556 |
Check Impact BioMedical, financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Impact BioMedical,'s main balance sheet or income statement drivers, such as Tax Provision of 0.0, Selling General Administrative of 1.1 M or Total Revenue of 0.0, as well as many indicators such as Price To Sales Ratio of 4.86, Dividend Yield of 0.0164 or PTB Ratio of 1.8. Impact financial statements analysis is a perfect complement when working with Impact BioMedical, Valuation or Volatility modules.
Impact | Return On Assets |
Latest Impact BioMedical,'s Return On Assets Growth Pattern
Below is the plot of the Return On Assets of Impact BioMedical, over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Impact BioMedical,'s Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Impact BioMedical,'s overall financial position and show how it may be relating to other accounts over time.
| Return On Assets | 10 Years Trend |
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Return On Assets |
| Timeline |
Impact Return On Assets Regression Statistics
| Arithmetic Mean | (1.35) | |
| Geometric Mean | 1.28 | |
| Coefficient Of Variation | (28.15) | |
| Mean Deviation | 0.27 | |
| Median | (1.27) | |
| Standard Deviation | 0.38 | |
| Sample Variance | 0.14 | |
| Range | 1.5583 | |
| R-Value | (0.49) | |
| Mean Square Error | 0.12 | |
| R-Squared | 0.24 | |
| Significance | 0.05 | |
| Slope | (0.04) | |
| Total Sum of Squares | 2.15 |
Impact Return On Assets History
About Impact BioMedical, Financial Statements
Impact BioMedical, investors utilize fundamental indicators, such as Return On Assets, to predict how Impact Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Return On Assets | (1.91) | (2.01) |
Pair Trading with Impact BioMedical,
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 Impact BioMedical, 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 Impact BioMedical, will appreciate offsetting losses from the drop in the long position's value.Moving against Impact Stock
| 0.57 | PFE | Pfizer Inc Aggressive Push | PairCorr |
| 0.55 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.52 | LLY | Eli Lilly | PairCorr |
The ability to find closely correlated positions to Impact BioMedical, could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Impact BioMedical, 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 Impact BioMedical, - 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 Impact BioMedical, to buy it.
The correlation of Impact BioMedical, 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 Impact BioMedical, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Impact BioMedical, 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 Impact BioMedical, 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 Impact BioMedical, Correlation against competitors. To learn how to invest in Impact Stock, please use our How to Invest in Impact BioMedical, guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Biotechnology 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 Impact BioMedical,. If investors know Impact 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 Impact BioMedical, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Impact BioMedical, is measured differently than its book value, which is the value of Impact that is recorded on the company's balance sheet. Investors also form their own opinion of Impact BioMedical,'s value that differs from its market value or its book value, called intrinsic value, which is Impact BioMedical,'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 Impact BioMedical,'s market value can be influenced by many factors that don't directly affect Impact BioMedical,'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 Impact BioMedical,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Impact BioMedical, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Impact BioMedical,'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.