High Total Current Assets vs Intangible Assets Analysis
| ROLR Stock | 5.88 0.42 6.67% |
High Roller financial indicator trend analysis is much more than just examining High Roller Technologies, latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether High Roller Technologies, is a good investment. Please check the relationship between High Roller Total Current Assets and its Intangible Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in High Roller Technologies,. 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.
Total Current Assets vs Intangible Assets
Total Current Assets vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of High Roller Technologies, Total Current Assets account and Intangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between High Roller's Total Current Assets and Intangible Assets is -0.43. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of High Roller Technologies,, assuming nothing else is changed. The correlation between historical values of High Roller's Total Current Assets and Intangible Assets 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 Current Assets of High Roller Technologies, are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Current Assets i.e., High Roller's Total Current Assets and Intangible Assets go up and down completely randomly.
Correlation Coefficient | -0.43 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most indicators from High Roller's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into High Roller Technologies, 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in High Roller Technologies,. 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. As of 12/14/2024, Tax Provision is likely to drop to 8,123. In addition to that, Selling General Administrative is likely to drop to about 12.1 M
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 11.9M | 10.9M | 16.0M | 11.9M | Total Revenue | 13.4M | 18.5M | 29.7M | 21.0M |
High Roller fundamental ratios Correlations
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High Roller Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with High Roller
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 High Roller 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 High Roller will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to High Roller could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace High Roller 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 High Roller - 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 High Roller Technologies, to buy it.
The correlation of High Roller 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 High Roller moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if High Roller Technologies, 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 High Roller 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.Additional Tools for High Stock Analysis
When running High Roller's price analysis, check to measure High Roller'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 High Roller is operating at the current time. Most of High Roller's value examination focuses on studying past and present price action to predict the probability of High Roller's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move High Roller's price. Additionally, you may evaluate how the addition of High Roller to your portfolios can decrease your overall portfolio volatility.