Nano Operating Income from 2010 to 2024

NANO Stock   1.00  0.13  14.94%   
Nano One Operating Income yearly trend continues to be very stable with very little volatility. Operating Income is likely to grow to about -31.4 M this year. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Nano One Materials generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
2002-03-31
Previous Quarter
-8.6 M
Current Value
-8.3 M
Quarterly Volatility
2.4 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nano One financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nano One's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.6 M, Other Operating Expenses of 34.7 M or Total Operating Expenses of 33.1 M, as well as many indicators such as Price To Sales Ratio of 5.38, Dividend Yield of 0.0 or PTB Ratio of 4.37. Nano financial statements analysis is a perfect complement when working with Nano One Valuation or Volatility modules.
  
This module can also supplement various Nano One Technical models . Check out the analysis of Nano One Correlation against competitors.

Pair Trading with Nano One

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 Nano One 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 Nano One will appreciate offsetting losses from the drop in the long position's value.

Moving together with Nano Stock

  0.61FDY Faraday Copper CorpPairCorr

Moving against Nano Stock

  0.33BUI Buhler IndustriesPairCorr
The ability to find closely correlated positions to Nano One could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nano One 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 Nano One - 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 Nano One Materials to buy it.
The correlation of Nano One 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 Nano One moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nano One Materials 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 Nano One 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

Other Information on Investing in Nano Stock

Nano One financial ratios help investors to determine whether Nano Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nano with respect to the benefits of owning Nano One security.