Kartoon Research Development from 2010 to 2026
| TOON Stock | 0.68 0.01 1.49% |
Research Development | First Reported 2010-12-31 | Previous Quarter 125.2 K | Current Value 111.3 K | Quarterly Volatility 7.4 K |
Check Kartoon Studios financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kartoon Studios' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.9 M, Interest Expense of 1 M or Selling General Administrative of 17.7 M, as well as many indicators such as Price To Sales Ratio of 0.59, Dividend Yield of 0.0 or PTB Ratio of 0.92. Kartoon financial statements analysis is a perfect complement when working with Kartoon Studios Valuation or Volatility modules.
Kartoon | Research Development | Build AI portfolio with Kartoon Stock |
Pair Trading with Kartoon Studios
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 Kartoon Studios 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 Kartoon Studios will appreciate offsetting losses from the drop in the long position's value.Moving against Kartoon Stock
| 0.71 | CNK | Cinemark Holdings | PairCorr |
| 0.54 | ZH | Zhihu Inc ADR | PairCorr |
| 0.45 | AJAX | AFC Ajax NV | PairCorr |
| 0.39 | WA4 | Warner Music Group | PairCorr |
| 0.32 | DLPN | Dolphin Entertainment | PairCorr |
The ability to find closely correlated positions to Kartoon Studios could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kartoon Studios 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 Kartoon Studios - 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 Kartoon Studios to buy it.
The correlation of Kartoon Studios 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 Kartoon Studios moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kartoon Studios 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 Kartoon Studios 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 Kartoon Studios Correlation against competitors. To learn how to invest in Kartoon Stock, please use our How to Invest in Kartoon Studios guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Will Movies & Entertainment sector continue expanding? Could Kartoon diversify its offerings? Factors like these will boost the valuation of Kartoon Studios. If investors know Kartoon will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Kartoon Studios data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share (0.55) | Revenue Per Share | Quarterly Revenue Growth 0.134 | Return On Assets | Return On Equity |
Investors evaluate Kartoon Studios using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Kartoon Studios' intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Kartoon Studios' market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between Kartoon Studios' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kartoon Studios is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Kartoon Studios' market price signifies the transaction level at which participants voluntarily complete trades.