Luokung Payout Ratio vs Cash Per Share Analysis
| LKCO Stock | USD 1.77 0.05 2.75% |
Luokung Technology financial indicator trend analysis is infinitely more than just investigating Luokung Technology Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Luokung Technology Corp is a good investment. Please check the relationship between Luokung Technology Payout Ratio and its Cash Per Share accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Luokung Technology Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Payout Ratio vs Cash Per Share
Payout Ratio vs Cash Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Luokung Technology Corp Payout Ratio account and Cash Per Share. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Luokung Technology's Payout Ratio and Cash Per Share is 0.87. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Cash Per Share in the same time period over historical financial statements of Luokung Technology Corp, assuming nothing else is changed. The correlation between historical values of Luokung Technology's Payout Ratio and Cash Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Luokung Technology Corp are associated (or correlated) with its Cash Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Per Share has no effect on the direction of Payout Ratio i.e., Luokung Technology's Payout Ratio and Cash Per Share go up and down completely randomly.
Correlation Coefficient | 0.87 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Payout Ratio
Payout Ratio is the proportion of Luokung Technology Corp earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Luokung Technology Corp dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Luokung Technology Corp is paying out more in dividends than it makes in net income.Cash Per Share
Most indicators from Luokung Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Luokung Technology Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Luokung Technology Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At this time, Luokung Technology's Selling General Administrative is very stable compared to the past year. As of the 11th of December 2024, Tax Provision is likely to grow to about 2.9 M, while Issuance Of Capital Stock is likely to drop 0.00.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 81.7M | 76.2M | 191.5M | 201.1M | Cost Of Revenue | 129.0M | 77.9M | 5.6M | 5.3M |
Luokung Technology fundamental ratios Correlations
Click cells to compare fundamentals
Luokung Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Luokung Technology fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 117.9M | 129.2M | 265.2M | 233.6M | 53.6M | 82.0M | |
| Other Current Liab | 22.6M | 47.3M | 31.4M | 47.8M | 55.0M | 57.8M | |
| Total Current Liabilities | 30.7M | 73.6M | 101.7M | 94.8M | 100.7M | 105.8M | |
| Total Stockholder Equity | 54.4M | 52.6M | 146.1M | 114.1M | (61.4M) | (58.3M) | |
| Property Plant And Equipment Net | 1.3M | 884.1K | 10.1M | 6.2M | 1.8M | 1.7M | |
| Current Deferred Revenue | 2.1M | 657.5K | 1.6M | 2.1M | 1.9M | 1.9M | |
| Net Debt | 31.3M | 43.5M | 42.9M | 53.0M | 53.1M | 55.8M | |
| Retained Earnings | (73.4M) | (113.2M) | (182.7M) | (235.2M) | (416.6M) | (395.8M) | |
| Accounts Payable | 4.3M | 5.8M | 9.2M | 8.1M | 8.2M | 8.6M | |
| Cash | 3.7M | 71.8K | 16.4M | 1.3M | 84.0K | 79.8K | |
| Non Current Assets Total | 76.9M | 117.1M | 207.5M | 188.8M | 46.5M | 57.5M | |
| Non Currrent Assets Other | (60.3M) | 61.4M | 4.2M | 13.9M | 15.9M | 16.7M | |
| Cash And Short Term Investments | 3.7M | 71.8K | 16.4M | 1.3M | 1.1M | 1.1M | |
| Net Receivables | 32.4M | 4.0M | 14.5M | 10.6M | 3.3M | 3.2M | |
| Common Stock Total Equity | 1.0 | 2.0M | 2.1M | 2.4M | 2.8M | 2.9M | |
| Common Stock Shares Outstanding | 6.7M | 924.9K | 1.4M | 1.8M | 2.0M | 1.3M | |
| Liabilities And Stockholders Equity | 117.9M | 129.2M | 265.2M | 233.6M | 268.7M | 282.1M | |
| Non Current Liabilities Total | 33.2M | 2.9M | 9.6M | 14.7M | 16.1M | 8.5M | |
| Inventory | (27.3B) | (8.0B) | (27.5B) | (170.0K) | (153.0K) | (160.6K) | |
| Other Current Assets | 27.3B | 8.0M | 26.8M | 36.2M | 41.6M | 39.6M | |
| Other Stockholder Equity | 124.1M | 164.8M | 316.3M | 343.9M | 395.5M | 415.3M | |
| Total Liab | 63.9M | 76.5M | 111.3M | 109.5M | 116.9M | 122.7M | |
| Property Plant And Equipment Gross | 1.3M | 884.1K | 14.8M | 9.4M | 5.1M | 7.3M | |
| Total Current Assets | 41.0M | 12.0M | 57.7M | 44.8M | 7.1M | 6.8M | |
| Accumulated Other Comprehensive Income | 1.4M | (1.5M) | (1.6M) | 543.0K | 488.7K | 464.2K | |
| Short Term Debt | 1.7M | 40.9M | 56.3M | 53.1M | 61.1M | 64.1M | |
| Intangible Assets | 47.3M | 42.7M | 102.9M | 87.7M | 43.3M | 24.3M | |
| Common Stock | 2.1M | 2.4M | 3.9M | 4.9M | 5.7M | 5.9M | |
| Property Plant Equipment | 1.3M | 884.1K | 10.1M | 6.2M | 5.6M | 4.8M | |
| Other Liab | 32.9M | 2.9M | 6.6M | 3.3M | 3.8M | 7.2M | |
| Net Tangible Assets | (4.8M) | (2.3M) | (38.8M) | (53.8M) | (48.5M) | (46.0M) | |
| Other Assets | 16.6M | 61.4M | 12.3M | 14.2M | 16.3M | 14.5M | |
| Good Will | 11.7M | 12.0M | 81.8M | 80.3M | 377.7K | 358.8K | |
| Short Long Term Debt | 1.3M | 40.6M | 54.9M | 51.4M | 53.2M | 29.0M | |
| Short Long Term Debt Total | 34.9M | 43.6M | 59.4M | 54.3M | 62.4M | 37.2M | |
| Net Invested Capital | 88.4M | 95.6M | 200.7M | 165.6M | (8.2M) | (7.8M) | |
| Net Working Capital | 10.3M | (61.6M) | (44.0M) | (50.0M) | (93.6M) | (88.9M) |
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
Moving against Luokung Stock
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| 0.76 | WPP | WPP PLC ADR | PairCorr |
| 0.63 | DIS | Walt Disney Sell-off Trend | PairCorr |
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.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Luokung Technology Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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.