Evergreen Cost Of Revenue from 2010 to 2024

EVGR Stock  USD 11.80  0.04  0.34%   
Evergreen Corp Cost Of Revenue yearly trend continues to be relatively stable with very little volatility. Cost Of Revenue is likely to drop to about 970.2 K. During the period from 2010 to 2024, Evergreen Corp Cost Of Revenue destribution of quarterly values had range of 1.1 M from its regression line and mean deviation of  277,018. View All Fundamentals
 
Cost Of Revenue  
First Reported
2010-12-31
Previous Quarter
1.5 M
Current Value
970.2 K
Quarterly Volatility
375 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Evergreen Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Evergreen Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.1 M, Interest Expense of 972.8 K or Other Operating Expenses of 1.6 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.87. Evergreen financial statements analysis is a perfect complement when working with Evergreen Corp Valuation or Volatility modules.
  
Check out the analysis of Evergreen Corp Correlation against competitors.
To learn how to invest in Evergreen Stock, please use our How to Invest in Evergreen Corp guide.

Latest Evergreen Corp's Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of Evergreen Corp over the last few years. Cost of Revenue is found on Evergreen Corp income statement and represents the costs associated with goods and services Evergreen Corp 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 Evergreen Corp's Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Evergreen Corp'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  

Evergreen Cost Of Revenue Regression Statistics

Arithmetic Mean593,641
Geometric Mean523,941
Coefficient Of Variation63.17
Mean Deviation277,018
Median420,505
Standard Deviation374,993
Sample Variance140.6B
Range1.1M
R-Value0.65
Mean Square Error87.9B
R-Squared0.42
Significance0.01
Slope54,318
Total Sum of Squares2T

Evergreen Cost Of Revenue History

2024970.2 K
20231.5 M
20221.3 M

About Evergreen Corp Financial Statements

Evergreen Corp shareholders use historical fundamental indicators, such as Cost Of Revenue, to determine how well the company is positioned to perform in the future. Although Evergreen Corp investors may analyze each financial statement separately, they are all interrelated. The changes in Evergreen Corp's assets and liabilities, for example, are also reflected in the revenues and expenses on on Evergreen Corp'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 Revenue1.5 M970.2 K

Pair Trading with Evergreen Corp

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 Evergreen Corp 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 Evergreen Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Evergreen Stock

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Moving against Evergreen Stock

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The ability to find closely correlated positions to Evergreen Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Evergreen Corp 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 Evergreen Corp - 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 Evergreen Corp to buy it.
The correlation of Evergreen Corp 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 Evergreen Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evergreen Corp 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 Evergreen Corp 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 Evergreen Stock Analysis

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