Nogin Financial Statements From 2010 to 2024
| NOGNDelisted Stock | USD 0.96 0.13 11.93% |
Check Nogin financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nogin's main balance sheet or income statement drivers, such as , as well as many indicators such as . Nogin financial statements analysis is a perfect complement when working with Nogin Valuation or Volatility modules.
Nogin |
Nogin Inc Company Return On Asset Analysis
Nogin's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Nogin Return On Asset | -0.53 |
Most of Nogin's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nogin Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
CompetitionBased on the latest financial disclosure, Nogin Inc has a Return On Asset of -0.5253. This is 81.82% lower than that of the Software sector and significantly lower than that of the Information Technology industry. The return on asset for all United States stocks is notably higher than that of the company.
Nogin Inc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nogin's current stock value. Our valuation model uses many indicators to compare Nogin value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nogin competition to find correlations between indicators driving Nogin's intrinsic value. More Info.Nogin Inc is rated below average in return on asset category among its peers. It is regarded fifth in profit margin category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nogin's earnings, one of the primary drivers of an investment's value.About Nogin Financial Statements
Nogin investors utilize fundamental indicators, such as revenue or net income, to predict how Nogin Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
The company offers solutions in the areas of onboarding and discovery assessment of critical business issue roadmap development project and task management implementation and execution plan client support product management reporting and analytics and operational support and campaign management. The company was incorporated in 2010 and is based in Tustin, California. Nogin operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange.
Pair Trading with Nogin
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 Nogin 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 Nogin will appreciate offsetting losses from the drop in the long position's value.Moving against Nogin Stock
| 0.88 | T | ATT Inc Aggressive Push | PairCorr |
| 0.86 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.83 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.79 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.78 | DIS | Walt Disney | PairCorr |
The ability to find closely correlated positions to Nogin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nogin 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 Nogin - 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 Nogin Inc to buy it.
The correlation of Nogin 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 Nogin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nogin 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 Nogin 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.Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Other Consideration for investing in Nogin Stock
If you are still planning to invest in Nogin Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nogin's history and understand the potential risks before investing.
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Stocks Directory Find actively traded stocks across global markets | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |