MicroCloud Gross Profit vs Cost Of Revenue Analysis
| HOLO Stock | USD 1.66 0.09 5.14% |
MicroCloud Hologram financial indicator trend analysis is infinitely more than just investigating MicroCloud Hologram recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MicroCloud Hologram is a good investment. Please check the relationship between MicroCloud Hologram Gross Profit and its Cost Of Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in MicroCloud Hologram. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in MicroCloud Stock, please use our How to Invest in MicroCloud Hologram guide.
Gross Profit vs Cost Of Revenue
Gross Profit vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MicroCloud Hologram Gross Profit account and Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between MicroCloud Hologram's Gross Profit and Cost Of Revenue is 0.69. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of MicroCloud Hologram, assuming nothing else is changed. The correlation between historical values of MicroCloud Hologram's Gross Profit and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of MicroCloud Hologram are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Gross Profit i.e., MicroCloud Hologram's Gross Profit and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.69 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of MicroCloud Hologram minus its cost of goods sold. It is profit before MicroCloud Hologram operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Cost Of Revenue
Cost of Revenue is found on MicroCloud Hologram income statement and represents the costs associated with goods and services MicroCloud Hologram provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most indicators from MicroCloud Hologram's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MicroCloud Hologram 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in MicroCloud Hologram. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in MicroCloud Stock, please use our How to Invest in MicroCloud Hologram guide.At this time, MicroCloud Hologram's Selling General Administrative is very stable compared to the past year. As of the 11th of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.34, though Tax Provision is likely to grow to (3.9 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 251.1K | 248.0K | 285.2K | 172.8K | Depreciation And Amortization | 1.0M | 1.3M | 1.0M | 1.4M |
MicroCloud Hologram fundamental ratios Correlations
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MicroCloud Hologram Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with MicroCloud Hologram
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 MicroCloud Hologram 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 MicroCloud Hologram will appreciate offsetting losses from the drop in the long position's value.Moving against MicroCloud Stock
| 0.89 | EHGO | Eshallgo Class A | PairCorr |
| 0.88 | CLS | Celestica | PairCorr |
| 0.87 | IONQ | IONQ Inc | PairCorr |
| 0.79 | CTS | CTS Corporation | PairCorr |
| 0.76 | EBON | Ebang International | PairCorr |
The ability to find closely correlated positions to MicroCloud Hologram could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MicroCloud Hologram 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 MicroCloud Hologram - 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 MicroCloud Hologram to buy it.
The correlation of MicroCloud Hologram 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 MicroCloud Hologram moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MicroCloud Hologram 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 MicroCloud Hologram 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in MicroCloud Hologram. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in MicroCloud Stock, please use our How to Invest in MicroCloud Hologram guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Electronic Equipment, Instruments & Components space 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 MicroCloud Hologram. If investors know MicroCloud 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 MicroCloud Hologram 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 0.299 | Earnings Share (23.78) | Revenue Per Share 297.866 | Quarterly Revenue Growth 0.282 | Return On Assets (0.22) |
The market value of MicroCloud Hologram is measured differently than its book value, which is the value of MicroCloud that is recorded on the company's balance sheet. Investors also form their own opinion of MicroCloud Hologram's value that differs from its market value or its book value, called intrinsic value, which is MicroCloud Hologram'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 MicroCloud Hologram's market value can be influenced by many factors that don't directly affect MicroCloud Hologram'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 MicroCloud Hologram's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroCloud Hologram is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroCloud Hologram'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.