Cheer Operating Income from 2010 to 2025
| CHR Stock | 1.46 0.05 3.31% |
Operating Income | First Reported 2010-12-31 | Previous Quarter 25.6 M | Current Value 25.5 M | Quarterly Volatility 10.6 M |
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 Depreciation And Amortization of 2.8 M, Interest Expense of 101.6 K or Selling General Administrative of 5 M, as well as many indicators such as Price To Sales Ratio of 0.17, Dividend Yield of 0.0 or PTB Ratio of 0.0801. Cheer financial statements analysis is a perfect complement when working with Cheer Holding Valuation or Volatility modules.
Cheer | Operating Income | Build AI portfolio with Cheer Stock |
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
Moving against Cheer Stock
| 0.54 | IAS | Integral Ad Science | PairCorr |
| 0.51 | CCO | Clear Channel Outdoor | PairCorr |
| 0.44 | 000917 | Hunan TV Broadcast | PairCorr |
| 0.37 | 301313 | Guangzhou Frontop Digital | PairCorr |
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.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.