Pop Change To Account Receivables from 2010 to 2024

CPOP Stock  USD 1.14  0.07  5.79%   
Pop Culture Change To Account Receivables yearly trend continues to be relatively stable with very little volatility. Change To Account Receivables is likely to grow to about -14.3 M this year. During the period from 2010 to 2024, Pop Culture Change To Account Receivables destribution of quarterly values had range of 17.1 M from its regression line and mean deviation of  3,723,702. View All Fundamentals
 
Change To Account Receivables  
First Reported
2010-12-31
Previous Quarter
-15.1 M
Current Value
-14.3 M
Quarterly Volatility
4.8 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Pop Culture financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pop Culture's main balance sheet or income statement drivers, such as Interest Expense of 185.8 K, Other Operating Expenses of 64.1 M or Net Income Applicable To Common Shares of 860.8 K, as well as many indicators such as Price To Sales Ratio of 0.71, Ptb Ratio of 0.49 or Days Sales Outstanding of 222. Pop financial statements analysis is a perfect complement when working with Pop Culture Valuation or Volatility modules.
  
Check out the analysis of Pop Culture Correlation against competitors.

Latest Pop Culture's Change To Account Receivables Growth Pattern

Below is the plot of the Change To Account Receivables of Pop Culture Group over the last few years. It is Pop Culture's Change To Account Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Pop Culture's overall financial position and show how it may be relating to other accounts over time.
Change To Account Receivables10 Years Trend
Slightly volatile
   Change To Account Receivables   
       Timeline  

Pop Change To Account Receivables Regression Statistics

Arithmetic Mean(4,495,560)
Geometric Mean3,439,419
Coefficient Of Variation(107.77)
Mean Deviation3,723,702
Median(2,007,501)
Standard Deviation4,845,041
Sample Variance23.5T
Range17.1M
R-Value(0.60)
Mean Square Error16.3T
R-Squared0.36
Significance0.02
Slope(647,400)
Total Sum of Squares328.6T

Pop Change To Account Receivables History

2024-14.3 M
2023-15.1 M
2022M
2021-3 M
2020-9.3 M
2019-5.7 M
2018-6.1 M

About Pop Culture Financial Statements

Pop Culture shareholders use historical fundamental indicators, such as Change To Account Receivables, to determine how well the company is positioned to perform in the future. Although Pop Culture investors may analyze each financial statement separately, they are all interrelated. The changes in Pop Culture's assets and liabilities, for example, are also reflected in the revenues and expenses on on Pop Culture'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
Change To Account Receivables-15.1 M-14.3 M

Pair Trading with Pop Culture

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 Pop Culture 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 Pop Culture will appreciate offsetting losses from the drop in the long position's value.

Moving together with Pop Stock

  0.67EDR Endeavor Group HoldingsPairCorr

Moving against Pop Stock

  0.38TU Telus CorpPairCorr
  0.35DLPN Dolphin EntertainmentPairCorr
  0.33TC TuanChe ADRPairCorr
The ability to find closely correlated positions to Pop Culture could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pop Culture 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 Pop Culture - 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 Pop Culture Group to buy it.
The correlation of Pop Culture 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 Pop Culture moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pop Culture Group 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 Pop Culture 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 Pop Stock Analysis

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