Luokung Retained Earnings from 2010 to 2024

LKCO Stock  USD 1.77  0.05  2.75%   
Luokung Technology Retained Earnings yearly trend continues to be very stable with very little volatility. Retained Earnings are likely to grow to about -395.8 M this year. Retained Earnings is the cumulative amount of net income that Luokung Technology Corp retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. View All Fundamentals
 
Retained Earnings  
First Reported
2009-12-31
Previous Quarter
-416.6 M
Current Value
-416.6 M
Quarterly Volatility
118.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Luokung Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Luokung Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 22.6 M, Interest Expense of 3.7 M or Selling General Administrative of 148.1 M, as well as many indicators such as Price To Sales Ratio of 0.82, Dividend Yield of 0.005 or Days Sales Outstanding of 159. Luokung financial statements analysis is a perfect complement when working with Luokung Technology Valuation or Volatility modules.
  
Check out the analysis of Luokung Technology Correlation against competitors.

Latest Luokung Technology's Retained Earnings Growth Pattern

Below is the plot of the Retained Earnings of Luokung Technology Corp over the last few years. It is the cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. Luokung Technology's Retained Earnings historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Luokung Technology's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (416.58 M)10 Years Trend
Slightly volatile
   Retained Earnings   
       Timeline  

Luokung Retained Earnings Regression Statistics

Arithmetic Mean(99,814,962)
Geometric Mean26,261,049
Coefficient Of Variation(144.11)
Mean Deviation112,594,858
Median(29,936,158)
Standard Deviation143,840,228
Sample Variance20690T
Range424.7M
R-Value(0.85)
Mean Square Error6236.8T
R-Squared0.72
Significance0.000064
Slope(27,293,473)
Total Sum of Squares289660.2T

Luokung Retained Earnings History

2024-395.8 M
2023-416.6 M
2022-235.2 M
2021-182.7 M
2020-113.2 M
2019-73.4 M

Other Fundumenentals of Luokung Technology Corp

Luokung Technology Retained Earnings component correlations

0.75-0.140.71-0.440.760.120.730.80.660.970.630.65-0.2-0.410.910.92-0.450.710.58
0.75-0.070.090.250.160.280.10.820.040.62-0.030.050.11-0.010.850.90.20.110.0
-0.14-0.07-0.190.13-0.150.15-0.140.08-0.18-0.17-0.16-0.210.190.01-0.08-0.130.18-0.2-0.13
0.710.09-0.19-0.890.97-0.070.980.320.920.80.950.95-0.53-0.50.440.46-0.870.970.85
-0.440.250.13-0.89-0.890.3-0.92-0.03-0.93-0.58-0.97-0.820.320.7-0.22-0.110.94-0.85-0.92
0.760.16-0.150.97-0.89-0.10.990.40.950.840.950.91-0.39-0.580.550.52-0.870.920.88
0.120.280.15-0.070.3-0.1-0.10.6-0.370.07-0.240.09-0.440.540.090.290.48-0.08-0.29
0.730.1-0.140.98-0.920.99-0.10.360.950.820.970.93-0.43-0.590.490.46-0.880.960.89
0.80.820.080.32-0.030.40.60.360.190.730.220.34-0.11-0.10.830.870.060.320.23
0.660.04-0.180.92-0.930.95-0.370.950.190.750.950.83-0.26-0.690.470.38-0.960.870.91
0.970.62-0.170.8-0.580.840.070.820.730.750.750.74-0.23-0.50.840.84-0.570.810.73
0.63-0.03-0.160.95-0.970.95-0.240.970.220.950.750.87-0.33-0.720.410.32-0.920.940.93
0.650.05-0.210.95-0.820.910.090.930.340.830.740.87-0.69-0.350.350.46-0.790.930.75
-0.20.110.19-0.530.32-0.39-0.44-0.43-0.11-0.26-0.23-0.33-0.69-0.340.09-0.190.32-0.49-0.18
-0.41-0.010.01-0.50.7-0.580.54-0.59-0.1-0.69-0.5-0.72-0.35-0.34-0.45-0.140.63-0.49-0.79
0.910.85-0.080.44-0.220.550.090.490.830.470.840.410.350.09-0.450.91-0.220.40.47
0.920.9-0.130.46-0.110.520.290.460.870.380.840.320.46-0.19-0.140.91-0.150.450.31
-0.450.20.18-0.870.94-0.870.48-0.880.06-0.96-0.57-0.92-0.790.320.63-0.22-0.15-0.83-0.87
0.710.11-0.20.97-0.850.92-0.080.960.320.870.810.940.93-0.49-0.490.40.45-0.830.8
0.580.0-0.130.85-0.920.88-0.290.890.230.910.730.930.75-0.18-0.790.470.31-0.870.8
Click cells to compare fundamentals

About Luokung Technology Financial Statements

Luokung Technology investors utilize fundamental indicators, such as Retained Earnings, to predict how Luokung 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 ReportedProjected for Next Year
Retained Earnings-416.6 M-395.8 M

Pair Trading with Luokung Technology

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 Luokung Technology 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 Luokung Technology will appreciate offsetting losses from the drop in the long position's value.

Moving together with Luokung Stock

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Moving against Luokung Stock

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The ability to find closely correlated positions to Luokung Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Luokung Technology 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 Luokung Technology - 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 Luokung Technology Corp to buy it.
The correlation of Luokung Technology 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 Luokung Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Luokung Technology 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 Luokung Technology 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
When determining whether Luokung Technology Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Luokung Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Luokung Technology Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Luokung Technology Corp Stock:
Check out the analysis of Luokung Technology Correlation against competitors.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Interactive Media & 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 Luokung Technology. If investors know Luokung 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 Luokung Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(652.40)
Revenue Per Share
4.604
Quarterly Revenue Growth
(0.87)
Return On Assets
(0.44)
Return On Equity
(4.47)
The market value of Luokung Technology Corp is measured differently than its book value, which is the value of Luokung that is recorded on the company's balance sheet. Investors also form their own opinion of Luokung Technology's value that differs from its market value or its book value, called intrinsic value, which is Luokung Technology'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 Luokung Technology's market value can be influenced by many factors that don't directly affect Luokung Technology'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 Luokung Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Luokung Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Luokung Technology'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.