Seer Cost Of Revenue vs Selling General Administrative Analysis

SEER Stock  USD 2.43  0.05  2.10%   
Seer financial indicator trend analysis is much more than just breaking down Seer Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Seer Inc is a good investment. Please check the relationship between Seer Cost Of Revenue and its Selling General Administrative accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Seer Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Cost Of Revenue vs Selling General Administrative

Cost Of Revenue vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Seer Inc Cost Of Revenue account and Selling General Administrative. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Seer's Cost Of Revenue and Selling General Administrative is 0.94. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Seer Inc, assuming nothing else is changed. The correlation between historical values of Seer's Cost Of Revenue and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Seer Inc are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Cost Of Revenue i.e., Seer's Cost Of Revenue and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cost Of Revenue

Cost of Revenue is found on Seer Inc income statement and represents the costs associated with goods and services Seer 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.

Selling General Administrative

Most indicators from Seer's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Seer Inc 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Seer Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
As of 11/23/2024, Selling General Administrative is likely to drop to about 34.4 M. Issuance Of Capital Stock is expected to grow at the current pace this year
 2021 2022 2023 2024 (projected)
Interest Income326K4.6M15.5M16.3M
Net Interest Income304K4.6M15.5M16.3M

Seer fundamental ratios Correlations

0.990.961.00.390.990.87-0.5-0.8-0.110.610.830.880.490.990.820.890.880.870.980.911.00.810.99-0.690.66
0.990.960.990.420.970.88-0.45-0.83-0.220.560.850.910.460.970.840.940.880.890.980.910.970.830.98-0.610.62
0.960.960.960.170.970.96-0.3-0.88-0.080.430.920.960.50.920.930.840.960.960.990.980.960.890.93-0.710.68
1.00.990.960.410.980.85-0.53-0.79-0.10.640.820.870.490.990.810.890.860.850.980.891.00.790.99-0.690.65
0.390.420.170.410.340.03-0.68-0.04-0.470.67-0.010.12-0.020.48-0.040.590.00.020.280.050.370.00.470.1-0.02
0.990.970.970.980.340.88-0.49-0.81-0.090.60.840.890.450.970.840.850.880.880.990.910.990.80.97-0.750.61
0.870.880.960.850.030.88-0.05-0.92-0.210.180.880.990.340.820.990.790.990.940.930.990.850.920.83-0.610.67
-0.5-0.45-0.3-0.53-0.68-0.49-0.05-0.06-0.28-0.99-0.2-0.07-0.46-0.560.04-0.37-0.07-0.16-0.39-0.13-0.540.06-0.550.37-0.23
-0.8-0.83-0.88-0.79-0.04-0.81-0.92-0.060.38-0.07-0.78-0.93-0.14-0.75-0.9-0.77-0.89-0.84-0.86-0.89-0.78-0.99-0.760.62-0.4
-0.11-0.22-0.08-0.1-0.47-0.09-0.21-0.280.380.260.05-0.30.56-0.14-0.21-0.48-0.13-0.04-0.14-0.12-0.04-0.32-0.14-0.340.28
0.610.560.430.640.670.60.18-0.99-0.070.260.320.20.510.670.10.470.20.290.510.260.640.070.66-0.460.32
0.830.850.920.82-0.010.840.88-0.2-0.780.050.320.870.690.740.840.710.90.990.860.910.820.810.75-0.580.6
0.880.910.960.870.120.890.99-0.07-0.93-0.30.20.870.320.830.980.840.980.930.930.980.860.930.84-0.570.63
0.490.460.50.49-0.020.450.34-0.46-0.140.560.510.690.320.410.290.320.420.610.410.450.480.220.42-0.290.59
0.990.970.920.990.480.970.82-0.56-0.75-0.140.670.740.830.410.770.890.820.790.960.850.990.751.0-0.680.64
0.820.840.930.81-0.040.840.990.04-0.9-0.210.10.840.980.290.770.740.990.910.890.980.810.910.78-0.60.68
0.890.940.840.890.590.850.79-0.37-0.77-0.480.470.710.840.320.890.740.770.770.860.80.850.770.89-0.330.49
0.880.880.960.860.00.880.99-0.07-0.89-0.130.20.90.980.420.820.990.770.950.921.00.860.90.83-0.620.73
0.870.890.960.850.020.880.94-0.16-0.84-0.040.290.990.930.610.790.910.770.950.90.960.850.870.8-0.590.64
0.980.980.990.980.280.990.93-0.39-0.86-0.140.510.860.930.410.960.890.860.920.90.950.980.860.97-0.740.64
0.910.910.980.890.050.910.99-0.13-0.89-0.120.260.910.980.450.850.980.81.00.960.950.890.910.86-0.650.72
1.00.970.961.00.370.990.85-0.54-0.78-0.040.640.820.860.480.990.810.850.860.850.980.890.790.99-0.750.65
0.810.830.890.790.00.80.920.06-0.99-0.320.070.810.930.220.750.910.770.90.870.860.910.790.76-0.620.44
0.990.980.930.990.470.970.83-0.55-0.76-0.140.660.750.840.421.00.780.890.830.80.970.860.990.76-0.690.64
-0.69-0.61-0.71-0.690.1-0.75-0.610.370.62-0.34-0.46-0.58-0.57-0.29-0.68-0.6-0.33-0.62-0.59-0.74-0.65-0.75-0.62-0.69-0.42
0.660.620.680.65-0.020.610.67-0.23-0.40.280.320.60.630.590.640.680.490.730.640.640.720.650.440.64-0.42
Click cells to compare fundamentals

Seer Account Relationship Matchups

Seer fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets93.2M442.3M539.1M487.9M436.3M372.6M
Other Current Liab2.9M5.7M7.1M6.3M6.6M5.4M
Total Current Liabilities3.8M8.1M13.4M12.6M13.2M10.1M
Total Stockholder Equity87.7M431.6M502.9M447.0M396.9M347.6M
Other Liab1.7M2.6M341K320K288K273.6K
Net Tangible Assets(20.3M)431.6M502.9M447.0M514.0M298.2M
Property Plant And Equipment Net5.7M8.4M33.2M46.4M47.4M26.3M
Net Debt(17.5M)(333.6M)(209.5M)(23.3M)(4.2M)(4.5M)
Retained Earnings(22.6M)(55.4M)(126.5M)(219.5M)(305.8M)(290.5M)
Accounts Payable701K2.1M3.8M2.1M1.4M1.7M
Cash17.5M333.6M232.8M53.2M32.5M30.9M
Non Current Assets Total6.4M9.2M127.4M52.9M105.8M55.8M
Non Currrent Assets Other400K407K1.0M1.4M1.5M891.6K
Other Assets743K750K539.1M1.4M1.6M1.5M
Cash And Short Term Investments86.0M431.9M400.1M421.2M316.2M309.2M
Net Receivables326K262K4.1M7.0M6.7M3.4M
Short Term Investments68.5M98.3M167.3M368.0M283.7M180.7M
Liabilities And Stockholders Equity93.2M442.3M539.1M487.9M436.3M372.6M
Non Current Liabilities Total1.7M2.6M22.8M28.4M26.1M15.0M
Other Current Assets460K452K3.3M2.1M3.1M1.8M
Other Stockholder Equity2.3M486.9M630.0M667.7M702.9M456.6M
Total Liab5.6M10.7M36.2M40.9M39.4M25.0M
Net Invested Capital(20.3M)431.6M502.9M447.0M396.9M321.3M
Property Plant And Equipment Gross5.7M8.4M33.2M46.4M59.9M62.9M
Total Current Assets86.8M433.1M411.7M435.0M330.5M316.9M
Accumulated Other Comprehensive Income24K54K(536K)(1.3M)(192K)(201.6K)
Non Current Liabilities Other69K717K22.8M28.4M179K170.1K
Net Working Capital83.0M425.0M398.3M422.4M317.3M306.8M
Property Plant Equipment5.7M8.4M33.2M19.4M22.3M15.2M

Pair Trading with Seer

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

Moving against Seer Stock

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

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