Cheer Total Assets vs Selling General Administrative Analysis

CHR Stock   2.68  0.01  0.37%   
Cheer Holding financial indicator trend analysis is way more than just evaluating Cheer Holding prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cheer Holding is a good investment. Please check the relationship between Cheer Holding Total Assets and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cheer Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
To learn how to invest in Cheer Stock, please use our How to Invest in Cheer Holding guide.

Total Assets vs Selling General Administrative

Total Assets vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cheer Holding Total Assets account and Selling General Administrative. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Cheer Holding's Total Assets and Selling General Administrative is -0.28. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Cheer Holding, assuming nothing else is changed. The correlation between historical values of Cheer Holding's Total Assets and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Cheer Holding are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Assets i.e., Cheer Holding's Total Assets and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Assets

Total assets refers to the total amount of Cheer Holding assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Cheer Holding books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Selling General Administrative

Most indicators from Cheer Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cheer Holding 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. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cheer Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
To learn how to invest in Cheer Stock, please use our How to Invest in Cheer Holding guide.At this time, Cheer Holding's Issuance Of Capital Stock is relatively stable compared to the past year. As of 12/27/2024, Sales General And Administrative To Revenue is likely to grow to 0.05, while Tax Provision is likely to drop slightly above 58 K.
 2021 2022 2023 2024 (projected)
Interest Expense513K93K83.7K79.5K
Depreciation And Amortization2.5M3.3M3.8M3.1M

Cheer Holding fundamental ratios Correlations

0.290.180.961.0-0.94-0.87-0.920.980.80.90.350.83-0.620.90.811.0-0.29-0.930.90.820.941.0-0.80.721.0
0.290.730.530.24-0.180.0-0.080.280.460.090.810.420.00.10.460.320.74-0.130.050.010.570.260.260.80.22
0.180.730.380.15-0.13-0.040.120.290.35-0.120.750.010.34-0.120.540.20.29-0.09-0.11-0.30.390.170.30.690.12
0.960.530.380.94-0.91-0.79-0.850.950.860.840.570.87-0.590.850.870.97-0.08-0.880.830.741.00.95-0.640.880.93
1.00.240.150.94-0.94-0.88-0.920.980.780.90.310.82-0.620.90.80.99-0.34-0.930.910.820.921.0-0.830.681.0
-0.94-0.18-0.13-0.91-0.940.970.95-0.96-0.73-0.95-0.25-0.830.78-0.95-0.87-0.960.381.0-0.97-0.88-0.89-0.940.86-0.69-0.94
-0.870.0-0.04-0.79-0.880.970.91-0.9-0.53-0.9-0.02-0.680.75-0.9-0.84-0.890.50.98-0.93-0.86-0.77-0.870.93-0.54-0.89
-0.92-0.080.12-0.85-0.920.950.91-0.88-0.72-1.0-0.16-0.90.87-1.0-0.69-0.930.370.95-1.0-0.97-0.83-0.920.89-0.56-0.92
0.980.280.290.950.98-0.96-0.9-0.880.790.870.380.77-0.580.870.880.99-0.36-0.950.890.760.940.98-0.790.750.97
0.80.460.350.860.78-0.73-0.53-0.720.790.720.760.82-0.470.720.60.8-0.13-0.680.70.580.850.79-0.40.790.74
0.90.09-0.120.840.9-0.95-0.9-1.00.870.720.170.91-0.891.00.70.92-0.35-0.951.00.980.830.9-0.880.580.9
0.350.810.750.570.31-0.25-0.02-0.160.380.760.170.450.020.170.40.370.36-0.190.140.00.590.330.240.80.26
0.830.420.010.870.82-0.83-0.68-0.90.770.820.910.45-0.830.910.620.860.03-0.80.870.880.880.82-0.620.730.8
-0.620.00.34-0.59-0.620.780.750.87-0.58-0.47-0.890.02-0.83-0.89-0.5-0.660.190.78-0.88-0.94-0.59-0.620.74-0.39-0.62
0.90.1-0.120.850.9-0.95-0.9-1.00.870.721.00.170.91-0.890.70.92-0.34-0.951.00.980.830.9-0.870.580.9
0.810.460.540.870.8-0.87-0.84-0.690.880.60.70.40.62-0.50.70.84-0.15-0.860.720.580.860.81-0.610.840.79
1.00.320.20.970.99-0.96-0.89-0.930.990.80.920.370.86-0.660.920.84-0.27-0.950.920.830.960.99-0.80.750.99
-0.290.740.29-0.08-0.340.380.50.37-0.36-0.13-0.350.360.030.19-0.34-0.15-0.270.42-0.41-0.3-0.02-0.310.60.23-0.34
-0.93-0.13-0.09-0.88-0.931.00.980.95-0.95-0.68-0.95-0.19-0.80.78-0.95-0.86-0.950.42-0.97-0.89-0.86-0.930.89-0.65-0.93
0.90.05-0.110.830.91-0.97-0.93-1.00.890.71.00.140.87-0.881.00.720.92-0.41-0.970.970.820.9-0.90.560.91
0.820.01-0.30.740.82-0.88-0.86-0.970.760.580.980.00.88-0.940.980.580.83-0.3-0.890.970.730.82-0.890.440.83
0.940.570.391.00.92-0.89-0.77-0.830.940.850.830.590.88-0.590.830.860.96-0.02-0.860.820.730.93-0.610.90.91
1.00.260.170.951.0-0.94-0.87-0.920.980.790.90.330.82-0.620.90.810.99-0.31-0.930.90.820.93-0.820.71.0
-0.80.260.3-0.64-0.830.860.930.89-0.79-0.4-0.880.24-0.620.74-0.87-0.61-0.80.60.89-0.9-0.89-0.61-0.82-0.25-0.85
0.720.80.690.880.68-0.69-0.54-0.560.750.790.580.80.73-0.390.580.840.750.23-0.650.560.440.90.7-0.250.65
1.00.220.120.931.0-0.94-0.89-0.920.970.740.90.260.8-0.620.90.790.99-0.34-0.930.910.830.911.0-0.850.65
Click cells to compare fundamentals

Cheer Holding Account Relationship Matchups

Pair Trading with Cheer Holding

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

Moving together with Cheer Stock

  0.73IQ iQIYI Inc Aggressive PushPairCorr

Moving against Cheer Stock

  0.6FOXA Fox Corp ClassPairCorr
  0.42ANGHW Anghami WarrantsPairCorr
  0.4SE SeaPairCorr
  0.4CNK Cinemark HoldingsPairCorr
  0.38ADV Advantage SolutionsPairCorr
The ability to find closely correlated positions to Cheer Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cheer Holding 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 Cheer Holding - 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 Cheer Holding to buy it.
The correlation of Cheer Holding 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 Cheer Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cheer Holding 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 Cheer Holding 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

Additional Tools for Cheer Stock Analysis

When running Cheer Holding's price analysis, check to measure Cheer Holding'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 Cheer Holding is operating at the current time. Most of Cheer Holding's value examination focuses on studying past and present price action to predict the probability of Cheer Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cheer Holding's price. Additionally, you may evaluate how the addition of Cheer Holding to your portfolios can decrease your overall portfolio volatility.