Ispire Total Operating Expenses from 2010 to 2024

ISPR Stock   6.20  0.11  1.74%   
Ispire Technology Total Operating Expenses yearly trend continues to be relatively stable with very little volatility. Total Operating Expenses is likely to drop to about 24.9 M. Total Operating Expenses is the total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses. View All Fundamentals
 
Total Operating Expenses  
First Reported
2010-12-31
Previous Quarter
43.7 M
Current Value
24.9 M
Quarterly Volatility
10.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ispire Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ispire Technology's main balance sheet or income statement drivers, such as Tax Provision of 1.2 M, Net Interest Income of 383.5 K or Interest Income of 383.5 K, as well as many indicators such as Price To Sales Ratio of 4.92, Dividend Yield of 0.0032 or PTB Ratio of 11.7. Ispire financial statements analysis is a perfect complement when working with Ispire Technology Valuation or Volatility modules.
  
Check out the analysis of Ispire Technology Correlation against competitors.

Latest Ispire Technology's Total Operating Expenses Growth Pattern

Below is the plot of the Total Operating Expenses of Ispire Technology Common over the last few years. It is the total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses. Ispire Technology's Total Operating Expenses historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ispire Technology's overall financial position and show how it may be relating to other accounts over time.
Total Operating Expenses10 Years Trend
Slightly volatile
   Total Operating Expenses   
       Timeline  

Ispire Total Operating Expenses Regression Statistics

Arithmetic Mean12,198,004
Geometric Mean9,605,910
Coefficient Of Variation89.27
Mean Deviation7,957,475
Median6,772,453
Standard Deviation10,889,595
Sample Variance118.6T
Range36.9M
R-Value0.69
Mean Square Error66.4T
R-Squared0.48
Significance0
Slope1,687,382
Total Sum of Squares1660.2T

Ispire Total Operating Expenses History

202424.9 M
202343.7 M
202225.6 M
202114.3 M

About Ispire Technology Financial Statements

Ispire Technology shareholders use historical fundamental indicators, such as Total Operating Expenses, to determine how well the company is positioned to perform in the future. Although Ispire Technology investors may analyze each financial statement separately, they are all interrelated. The changes in Ispire Technology's assets and liabilities, for example, are also reflected in the revenues and expenses on on Ispire Technology'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
Total Operating Expenses43.7 M24.9 M

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 against Ispire Stock

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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.
Pair CorrelationCorrelation Matching

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.