Ipower Weighted Average Shares vs Gross Profit Analysis

IPW -  USA Stock  

USD 1.12  0.06  5.08%

Ipower financial indicator trend analysis is infinitely more than just investigating Ipower Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ipower Inc is a good investment. Please check the relationship between Ipower Weighted Average Shares and its Gross Profit accounts. Please see Risk vs Return Analysis.

Weighted Average Shares vs Gross Profit

Weighted Average Shares vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ipower Inc Weighted Average Shares account and Gross Profit. At this time, the significance of the direction appears to have a very strong relationship.
The correlation between Ipower's Weighted Average Shares and Gross Profit is 0.86. Overlapping area represents the amount of variation of Weighted Average Shares that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Ipower Inc, assuming nothing else is changed. The correlation between historical values of Ipower's Weighted Average Shares and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Weighted Average Shares of Ipower Inc are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Weighted Average Shares i.e., Ipower's Weighted Average Shares and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Weighted Average Shares

The weighted average number of shares or units issued and outstanding that are used by the company to calculate [EPS]; determined based on the timing of issuance of shares or units in the period.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Ipower Inc minus its cost of goods sold. It is profit before Ipower operating expenses, interest payments and taxes. Gross profit is also known as gross margin. Aggregate revenue Revenues less cost of revenue [CoR] directly attributable to the revenue generation activity.
Most indicators from Ipower fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ipower 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. Please see Risk vs Return Analysis.Issuance Purchase of Equity Shares is likely to climb to about 24.4 M in 2022, whereas Selling General and Administrative Expense is likely to drop slightly above 19.6 M in 2022.
 2019 2020 2021 2022 (projected)
Operating Income2.91 M2.96 M3.4 M3.09 M
Operating Expenses12.22 M19.86 M22.84 M19.57 M

Ipower fundamental ratios Correlations

1.00.960.980.950.370.89-0.510.981.00.920.810.98-0.970.920.980.9
1.00.950.980.950.390.91-0.480.981.00.930.830.98-0.980.920.980.91
0.960.950.990.870.230.77-0.650.990.950.840.730.98-0.90.990.90.79
0.980.980.990.930.350.85-0.541.00.980.910.811.0-0.950.970.950.86
0.950.950.870.930.650.98-0.220.930.961.00.960.95-1.00.810.990.98
0.370.390.230.350.650.730.590.360.410.70.830.4-0.580.130.560.73
0.890.910.770.850.980.73-0.070.850.910.980.950.87-0.960.690.971.0
-0.51-0.48-0.65-0.54-0.220.59-0.07-0.53-0.47-0.160.03-0.50.3-0.72-0.31-0.08
0.980.980.991.00.930.360.85-0.530.980.910.811.0-0.960.970.960.87
1.01.00.950.980.960.410.91-0.470.980.930.840.98-0.980.910.980.92
0.920.930.840.911.00.70.98-0.160.910.930.980.93-0.990.780.980.98
0.810.830.730.810.960.830.950.030.810.840.980.84-0.930.660.920.96
0.980.980.981.00.950.40.87-0.51.00.980.930.84-0.970.950.960.89
-0.97-0.98-0.9-0.95-1.0-0.58-0.960.3-0.96-0.98-0.99-0.93-0.97-0.85-1.0-0.97
0.920.920.990.970.810.130.69-0.720.970.910.780.660.95-0.850.850.71
0.980.980.90.950.990.560.97-0.310.960.980.980.920.96-1.00.850.97
0.90.910.790.860.980.731.0-0.080.870.920.980.960.89-0.970.710.97
Click cells to compare fundamentals

Ipower Account Relationship Matchups

Ipower Investors Sentiment

The influence of Ipower'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 Ipower. 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.
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 Ipower 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, Ipower's short interest history, or implied volatility extrapolated from Ipower options trading.

Current Sentiment - IPW

Ipower Inc Investor Sentiment

Greater number of Macroaxis users are currently bullish on Ipower Inc. What is your judgment towards investing in Ipower Inc? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Please see Risk vs Return Analysis. Note that the Ipower Inc information on this page should be used as a complementary analysis to other Ipower'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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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Is Ipower'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 Ipower. If investors know Ipower 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 Ipower 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 Ipower Inc is measured differently than its book value, which is the value of Ipower that is recorded on the company's balance sheet. Investors also form their own opinion of Ipower's value that differs from its market value or its book value, called intrinsic value, which is Ipower'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 Ipower's market value can be influenced by many factors that don't directly affect Ipower'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 Ipower's value and its price as these two are different measures arrived at by different means. Investors typically determine Ipower value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ipower'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.