Cheer Cost Of Revenue from 2010 to 2024

CHR Stock   2.46  0.01  0.41%   
Cheer Holding Cost Of Revenue yearly trend continues to be relatively stable with very little volatility. Cost Of Revenue is likely to grow to about 40.8 M this year. During the period from 2010 to 2024, Cheer Holding Cost Of Revenue destribution of quarterly values had range of 8.9 M from its regression line and mean deviation of  3,097,698. View All Fundamentals
 
Cost Of Revenue  
First Reported
2010-12-31
Previous Quarter
39.5 M
Current Value
40.8 M
Quarterly Volatility
3.6 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cheer Holding financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cheer Holding's main balance sheet or income statement drivers, such as Tax Provision of 58 K, Net Interest Income of 3.1 K or Depreciation And Amortization of 3.1 M, as well as many indicators such as Price To Sales Ratio of 0.17, Dividend Yield of 0.0 or PTB Ratio of 0.09. Cheer financial statements analysis is a perfect complement when working with Cheer Holding Valuation or Volatility modules.
  
Check out the analysis of Cheer Holding Correlation against competitors.
To learn how to invest in Cheer Stock, please use our How to Invest in Cheer Holding guide.

Latest Cheer Holding's Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of Cheer Holding over the last few years. Cost of Revenue is found on Cheer Holding income statement and represents the costs associated with goods and services Cheer Holding 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. It is Cheer Holding's Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cheer Holding's overall financial position and show how it may be relating to other accounts over time.
Cost Of Revenue10 Years Trend
Slightly volatile
   Cost Of Revenue   
       Timeline  

Cheer Cost Of Revenue Regression Statistics

Arithmetic Mean34,224,273
Geometric Mean34,055,300
Coefficient Of Variation10.61
Mean Deviation3,097,698
Median31,901,000
Standard Deviation3,631,245
Sample Variance13.2T
Range8.9M
R-Value0.81
Mean Square Error5T
R-Squared0.65
Significance0.0003
Slope655,317
Total Sum of Squares184.6T

Cheer Cost Of Revenue History

202440.8 M
202339.5 M
202240.6 M
202134.9 M
202038.5 M

About Cheer Holding Financial Statements

Cheer Holding shareholders use historical fundamental indicators, such as Cost Of Revenue, to determine how well the company is positioned to perform in the future. Although Cheer Holding investors may analyze each financial statement separately, they are all interrelated. The changes in Cheer Holding's assets and liabilities, for example, are also reflected in the revenues and expenses on on Cheer Holding's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Cost Of Revenue39.5 M40.8 M

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

  0.78WIMI WiMi Hologram CloudPairCorr

Moving against Cheer Stock

  0.83ADV Advantage SolutionsPairCorr
  0.46OB OutbrainPairCorr
  0.35EB Eventbrite Class APairCorr
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.