Lizhi Selling General Administrative vs Total Current Liabilities Analysis
SOGP Stock | 1.84 0.02 1.08% |
Lizhi financial indicator trend analysis is infinitely more than just investigating Lizhi Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lizhi Inc is a good investment. Please check the relationship between Lizhi Selling General Administrative and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Lizhi 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 price.
Selling General Administrative vs Total Current Liabilities
Selling General Administrative vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lizhi Inc Selling General Administrative account and Total Current Liabilities. At this time, the significance of the direction appears to have totally related.
The correlation between Lizhi's Selling General Administrative and Total Current Liabilities is 1.0. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Lizhi Inc, assuming nothing else is changed. The correlation between historical values of Lizhi's Selling General Administrative and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Lizhi Inc are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Selling General Administrative i.e., Lizhi's Selling General Administrative and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Selling General Administrative
Total Current Liabilities
Total Current Liabilities is an item on Lizhi balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Lizhi Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Lizhi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lizhi 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 Lizhi 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 price. At this time, Lizhi's Tax Provision is relatively stable compared to the past year. As of 11/30/2024, Selling General Administrative is likely to grow to about 453.1 M, while Issuance Of Capital Stock is likely to drop 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 95.7M | 106.4M | 585.4M | 614.6M | Total Revenue | 328.6M | 324.5M | 2.1B | 2.2B |
Lizhi fundamental ratios Correlations
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Lizhi Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Lizhi
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 Lizhi 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 Lizhi will appreciate offsetting losses from the drop in the long position's value.Moving together with Lizhi Stock
Moving against Lizhi Stock
The ability to find closely correlated positions to Lizhi could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lizhi 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 Lizhi - 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 Lizhi Inc to buy it.
The correlation of Lizhi 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 Lizhi moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lizhi 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 Lizhi 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.Additional Tools for Lizhi Stock Analysis
When running Lizhi's price analysis, check to measure Lizhi'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 Lizhi is operating at the current time. Most of Lizhi's value examination focuses on studying past and present price action to predict the probability of Lizhi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lizhi's price. Additionally, you may evaluate how the addition of Lizhi to your portfolios can decrease your overall portfolio volatility.