High Cash vs Net Working Capital Analysis

ROLR Stock   5.39  0.19  3.41%   
High Roller financial indicator trend analysis is much more than just examining High Roller Technologies, latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether High Roller Technologies, is a good investment. Please check the relationship between High Roller Cash and its Net Working Capital accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in High Roller Technologies,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Cash vs Net Working Capital

Cash vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of High Roller Technologies, Cash account and Net Working Capital. At this time, the significance of the direction appears to have very strong relationship.
The correlation between High Roller's Cash and Net Working Capital is 0.8. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of High Roller Technologies,, assuming nothing else is changed. The correlation between historical values of High Roller's Cash and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of High Roller Technologies, are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Cash i.e., High Roller's Cash and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Cash

Cash refers to the most liquid asset of High Roller Technologies,, which is listed under current asset account on High Roller Technologies, balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from High Roller customers. The amounts must be unrestricted with restricted cash listed in a different High Roller account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Net Working Capital

Most indicators from High Roller's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into High Roller Technologies, 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in High Roller Technologies,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
As of 12/04/2024, Tax Provision is likely to drop to 8,123. In addition to that, Selling General Administrative is likely to drop to about 12.1 M
 2021 2022 2023 2024 (projected)
Gross Profit11.9M10.9M16.0M11.9M
Total Revenue13.4M18.5M29.7M21.0M

High Roller fundamental ratios Correlations

-0.430.26-0.040.55-0.54-0.030.430.47-0.43-0.30.17-0.230.010.26-0.040.540.540.17-0.140.49-0.39
-0.430.75-0.87-0.580.840.06-0.930.571.00.630.150.8-0.870.74-0.87-0.63-0.980.82-0.830.570.71
0.260.75-0.97-0.330.570.2-0.720.940.750.540.430.77-0.941.0-0.97-0.39-0.630.99-0.990.970.58
-0.04-0.87-0.970.46-0.74-0.240.86-0.87-0.87-0.67-0.44-0.860.96-0.971.00.520.77-0.990.99-0.89-0.71
0.55-0.58-0.330.46-0.74-0.720.7-0.01-0.6-0.62-0.61-0.760.55-0.330.461.00.56-0.340.38-0.11-0.84
-0.540.840.57-0.74-0.740.45-0.970.40.860.930.490.92-0.660.57-0.74-0.77-0.80.61-0.650.40.95
-0.030.060.2-0.24-0.720.45-0.350.050.10.610.950.61-0.230.21-0.24-0.70.040.13-0.180.160.7
0.43-0.93-0.720.860.7-0.97-0.35-0.55-0.95-0.86-0.44-0.940.81-0.720.860.740.88-0.770.8-0.56-0.91
0.470.570.94-0.87-0.010.40.05-0.550.570.460.330.6-0.770.94-0.87-0.07-0.440.92-0.910.990.39
-0.431.00.75-0.87-0.60.860.1-0.950.570.660.190.82-0.870.75-0.87-0.65-0.980.82-0.830.570.74
-0.30.630.54-0.67-0.620.930.61-0.860.460.660.690.91-0.530.54-0.67-0.64-0.540.55-0.590.460.94
0.170.150.43-0.44-0.610.490.95-0.440.330.190.690.71-0.380.44-0.44-0.61-0.010.36-0.40.430.73
-0.230.80.77-0.86-0.760.920.61-0.940.60.820.910.71-0.810.77-0.86-0.8-0.70.77-0.810.640.97
0.01-0.87-0.940.960.55-0.66-0.230.81-0.77-0.87-0.53-0.38-0.81-0.940.960.610.8-0.960.96-0.82-0.66
0.260.741.0-0.97-0.330.570.21-0.720.940.750.540.440.77-0.94-0.97-0.39-0.630.99-0.990.970.58
-0.04-0.87-0.971.00.46-0.74-0.240.86-0.87-0.87-0.67-0.44-0.860.96-0.970.520.77-0.990.99-0.89-0.71
0.54-0.63-0.390.521.0-0.77-0.70.74-0.07-0.65-0.64-0.61-0.80.61-0.390.520.6-0.40.45-0.17-0.86
0.54-0.98-0.630.770.56-0.80.040.88-0.44-0.98-0.54-0.01-0.70.8-0.630.770.6-0.720.73-0.43-0.64
0.170.820.99-0.99-0.340.610.13-0.770.920.820.550.360.77-0.960.99-0.99-0.4-0.72-1.00.940.59
-0.14-0.83-0.990.990.38-0.65-0.180.8-0.91-0.83-0.59-0.4-0.810.96-0.990.990.450.73-1.0-0.93-0.63
0.490.570.97-0.89-0.110.40.16-0.560.990.570.460.430.64-0.820.97-0.89-0.17-0.430.94-0.930.43
-0.390.710.58-0.71-0.840.950.7-0.910.390.740.940.730.97-0.660.58-0.71-0.86-0.640.59-0.630.43
Click cells to compare fundamentals

High Roller Account Relationship Matchups

Pair Trading with High Roller

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 High Roller 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 High Roller will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to High Roller could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace High Roller 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 High Roller - 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 High Roller Technologies, to buy it.
The correlation of High Roller 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 High Roller moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if High Roller Technologies, 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 High Roller 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 High Stock Analysis

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