Reitar Operating Income from 2010 to 2024
| RITR Stock | 3.94 0.23 5.52% |
Operating Income | First Reported 2010-12-31 | Previous Quarter 28.2 M | Current Value 18.2 M | Quarterly Volatility 7.5 M |
Check Reitar Logtech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Reitar Logtech's main balance sheet or income statement drivers, such as Tax Provision of 3.7 M, Interest Income of 247.1 K or Interest Expense of 1.6 M, as well as many indicators such as . Reitar financial statements analysis is a perfect complement when working with Reitar Logtech Valuation or Volatility modules.
Reitar | Operating Income |
Latest Reitar Logtech's Operating Income Growth Pattern
Below is the plot of the Operating Income of Reitar Logtech Holdings over the last few years. Operating Income is the amount of profit realized from Reitar Logtech Holdings operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Reitar Logtech Holdings is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Reitar Logtech's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Reitar Logtech's overall financial position and show how it may be relating to other accounts over time.
| Operating Income | 10 Years Trend |
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Operating Income |
| Timeline |
Reitar Operating Income Regression Statistics
| Arithmetic Mean | 9,286,136 | |
| Geometric Mean | 7,557,942 | |
| Coefficient Of Variation | 81.19 | |
| Mean Deviation | 5,599,724 | |
| Median | 5,501,282 | |
| Standard Deviation | 7,539,366 | |
| Sample Variance | 56.8T | |
| Range | 22.7M | |
| R-Value | 0.67 | |
| Mean Square Error | 34.1T | |
| R-Squared | 0.44 | |
| Significance | 0.01 | |
| Slope | 1,121,103 | |
| Total Sum of Squares | 795.8T |
Reitar Operating Income History
About Reitar Logtech Financial Statements
Reitar Logtech shareholders use historical fundamental indicators, such as Operating Income, to determine how well the company is positioned to perform in the future. Although Reitar Logtech investors may analyze each financial statement separately, they are all interrelated. The changes in Reitar Logtech's assets and liabilities, for example, are also reflected in the revenues and expenses on on Reitar Logtech's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Operating Income | 28.2 M | 18.2 M |
Pair Trading with Reitar Logtech
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 Reitar Logtech 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 Reitar Logtech will appreciate offsetting losses from the drop in the long position's value.Moving against Reitar Stock
| 0.44 | ORN | Orion Group Holdings | PairCorr |
| 0.41 | FIX | Comfort Systems USA | PairCorr |
| 0.39 | ACA | Arcosa Inc | PairCorr |
| 0.37 | APG | Api Group Corp | PairCorr |
| 0.34 | ESOA | Energy Services | PairCorr |
The ability to find closely correlated positions to Reitar Logtech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Reitar Logtech 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 Reitar Logtech - 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 Reitar Logtech Holdings to buy it.
The correlation of Reitar Logtech 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 Reitar Logtech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Reitar Logtech Holdings 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 Reitar Logtech 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 Reitar Stock Analysis
When running Reitar Logtech's price analysis, check to measure Reitar Logtech'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 Reitar Logtech is operating at the current time. Most of Reitar Logtech's value examination focuses on studying past and present price action to predict the probability of Reitar Logtech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reitar Logtech's price. Additionally, you may evaluate how the addition of Reitar Logtech to your portfolios can decrease your overall portfolio volatility.