Chewy Operating Income vs Operating Expenses Analysis

CHWY
 Stock
  

USD 38.16  0.02  0.05%   

Chewy financial indicator trend analysis is way more than just evaluating Chewy Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chewy Inc is a good investment. Please check the relationship between Chewy Operating Income and its Operating Expenses accounts. Continue to Trending Equities.

Operating Income vs Operating Expenses

Operating Income vs Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chewy Inc Operating Income account and Operating Expenses. At this time, the significance of the direction appears to have weak relationship.
The correlation between Chewy's Operating Income and Operating Expenses is 0.32. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Operating Expenses in the same time period over historical financial statements of Chewy Inc, assuming nothing else is changed. The correlation between historical values of Chewy's Operating Income and Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Chewy Inc are associated (or correlated) with its Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Expenses has no effect on the direction of Operating Income i.e., Chewy's Operating Income and Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.32
Relationship DirectionPositive 
Relationship StrengthVery Weak

Operating Income

Operating Income is the amount of profit realized from Chewy Inc 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 Chewy Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Operating income is a measure of financial performance before the deduction of Interest Expense; [TaxExp] and other Non-Operating items. It is calculated as Gross Profit minus Operating Expenses.

Operating Expenses

Operating expenses represents the total expenditure on [SGnA]; [RnD] and other operating expense items; it excludes [CoR].
Most indicators from Chewy fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chewy Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Continue to Trending Equities.Selling General and Administrative Expense is likely to drop to about 1.4 B in 2022. Net Cash Flow Business Acquisitions and Disposals is likely to rise to about (546.3 K) in 2022
 2010 2016 2020 2022 (projected)
Revenues USD4.85 B900.57 M8.89 B5.15 B
Revenues4.85 B900.57 M8.89 B5.15 B

Chewy fundamental ratios Correlations

Chewy Account Relationship Matchups

Chewy Investors Sentiment

The influence of Chewy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Chewy. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Chewy Implied Volatility

    
  98.77  
Chewy's implied volatility exposes the market's sentiment of Chewy Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Chewy's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Chewy stock will not fluctuate a lot when Chewy's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Chewy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Chewy's short interest history, or implied volatility extrapolated from Chewy options trading.

Current Sentiment - CHWY

Chewy Inc Investor Sentiment

Macroaxis portfolio users are unresponsive in their opinion about investing in Chewy Inc. What is your opinion about investing in Chewy Inc? Are you bullish or bearish?
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50% Bullish
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Pair Trading with Chewy

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

Chewy Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Chewy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chewy 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 Chewy - 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 Chewy Inc to buy it.
The correlation of Chewy is a statistical measure of how it moves in relation to other equities. 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 Chewy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chewy 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 Chewy 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
Continue to Trending Equities. Note that the Chewy Inc information on this page should be used as a complementary analysis to other Chewy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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Is Chewy'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 Chewy. If investors know Chewy 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 Chewy 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 YOY
-0.56
Market Capitalization
16.1 B
Quarterly Revenue Growth YOY
0.14
Return On Assets
-0.0283
Return On Equity
-1.47
The market value of Chewy Inc is measured differently than its book value, which is the value of Chewy that is recorded on the company's balance sheet. Investors also form their own opinion of Chewy's value that differs from its market value or its book value, called intrinsic value, which is Chewy'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 Chewy's market value can be influenced by many factors that don't directly affect Chewy'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 Chewy's value and its price as these two are different measures arrived at by different means. Investors typically determine Chewy value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chewy'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.