Lichen Selling And Marketing Expenses from 2010 to 2024
LICN Stock | 1.86 0.10 5.68% |
Selling And Marketing Expenses | First Reported 2010-12-31 | Previous Quarter 3.1 M | Current Value 2.3 M | Quarterly Volatility 383.9 K |
Check Lichen China financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Lichen China's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.7 M, Interest Expense of 156.2 K or Selling General Administrative of 8.8 M, as well as many indicators such as Price To Sales Ratio of 1.23, Dividend Yield of 0.0387 or PTB Ratio of 0.8. Lichen financial statements analysis is a perfect complement when working with Lichen China Valuation or Volatility modules.
Lichen | Selling And Marketing Expenses |
Latest Lichen China's Selling And Marketing Expenses Growth Pattern
Below is the plot of the Selling And Marketing Expenses of Lichen China Limited over the last few years. It is Lichen China's Selling And Marketing Expenses historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Lichen China's overall financial position and show how it may be relating to other accounts over time.
Selling And Marketing Expenses | 10 Years Trend |
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Selling And Marketing Expenses |
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Lichen Selling And Marketing Expenses Regression Statistics
Arithmetic Mean | 1,909,469 | |
Geometric Mean | 1,881,043 | |
Coefficient Of Variation | 20.11 | |
Mean Deviation | 257,888 | |
Median | 1,748,000 | |
Standard Deviation | 383,926 | |
Sample Variance | 147.4B | |
Range | 1.5M | |
R-Value | 0.61 | |
Mean Square Error | 99.4B | |
R-Squared | 0.37 | |
Significance | 0.02 | |
Slope | 52,505 | |
Total Sum of Squares | 2.1T |
Lichen Selling And Marketing Expenses History
About Lichen China Financial Statements
Lichen China investors utilize fundamental indicators, such as Selling And Marketing Expenses, to predict how Lichen Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Selling And Marketing Expenses | 3.1 M | 2.3 M |
Pair Trading with Lichen China
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 Lichen China 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 Lichen China will appreciate offsetting losses from the drop in the long position's value.Moving against Lichen Stock
The ability to find closely correlated positions to Lichen China could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lichen China 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 Lichen China - 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 Lichen China Limited to buy it.
The correlation of Lichen China 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 Lichen China moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lichen China Limited 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 Lichen China 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.Check out the analysis of Lichen China Correlation against competitors. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lichen China. If investors know Lichen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lichen China listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.51) | Earnings Share 0.3 | Revenue Per Share 1.491 | Quarterly Revenue Growth 0.136 | Return On Assets 0.1078 |
The market value of Lichen China Limited is measured differently than its book value, which is the value of Lichen that is recorded on the company's balance sheet. Investors also form their own opinion of Lichen China's value that differs from its market value or its book value, called intrinsic value, which is Lichen China's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lichen China's market value can be influenced by many factors that don't directly affect Lichen China's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lichen China's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lichen China is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lichen China's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.