CEVA Other Current Assets from 2010 to 2024
| CEVA Stock | USD 20.08 0.61 3.13% |
Other Current Assets | First Reported 2000-06-30 | Previous Quarter 8.5 M | Current Value 13.4 M | Quarterly Volatility 128 M |
Check CEVA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CEVA main balance sheet or income statement drivers, such as Interest Expense of 432.7 K, Selling General Administrative of 10.5 M or Total Revenue of 61.4 M, as well as many exotic indicators such as Price To Sales Ratio of 4.91, Dividend Yield of 0.0 or PTB Ratio of 1.92. CEVA financial statements analysis is a perfect complement when working with CEVA Valuation or Volatility modules.
CEVA | Other Current Assets |
Latest CEVA's Other Current Assets Growth Pattern
Below is the plot of the Other Current Assets of CEVA Inc over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. CEVA's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CEVA's overall financial position and show how it may be relating to other accounts over time.
| Other Current Assets | 10 Years Trend |
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Other Current Assets |
| Timeline |
CEVA Other Current Assets Regression Statistics
| Arithmetic Mean | 5,022,263 | |
| Geometric Mean | 4,639,040 | |
| Coefficient Of Variation | 39.04 | |
| Mean Deviation | 1,605,081 | |
| Median | 4,568,000 | |
| Standard Deviation | 1,960,927 | |
| Sample Variance | 3.8T | |
| Range | 6.5M | |
| R-Value | 0.91 | |
| Mean Square Error | 674.2B | |
| R-Squared | 0.84 | |
| Slope | 401,195 | |
| Total Sum of Squares | 53.8T |
CEVA Other Current Assets History
About CEVA Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include CEVA income statement, its balance sheet, and the statement of cash flows. CEVA investors use historical funamental indicators, such as CEVA's Other Current Assets, to determine how well the company is positioned to perform in the future. Although CEVA investors may use each financial statement separately, they are all related. The changes in CEVA's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on CEVA's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on CEVA Financial Statements. Understanding these patterns can help to make the right decision on long term investment in CEVA. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Other Current Assets | 8.5 M | 8 M |
Pair Trading with CEVA
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 CEVA 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 CEVA will appreciate offsetting losses from the drop in the long position's value.Moving together with CEVA Stock
| 0.66 | IT | Gartner | PairCorr |
| 0.78 | EPAM | EPAM Systems | PairCorr |
Moving against CEVA Stock
| 0.64 | MRIN | Marin Software | PairCorr |
| 0.5 | AUR | Aurora Innovation | PairCorr |
| 0.45 | BLIN | Bridgeline Digital Financial Report 20th of May 2024 | PairCorr |
The ability to find closely correlated positions to CEVA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CEVA 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 CEVA - 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 CEVA Inc to buy it.
The correlation of CEVA 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 CEVA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CEVA 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 CEVA 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 CEVA Correlation against competitors. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for CEVA Stock analysis
When running CEVA's price analysis, check to measure CEVA'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 CEVA is operating at the current time. Most of CEVA's value examination focuses on studying past and present price action to predict the probability of CEVA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CEVA's price. Additionally, you may evaluate how the addition of CEVA to your portfolios can decrease your overall portfolio volatility.
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Is CEVA's industry 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 CEVA. If investors know CEVA 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 CEVA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.959 | Earnings Share (0.90) | Revenue Per Share 3.963 | Quarterly Revenue Growth (0.16) | Return On Assets (0.03) |
The market value of CEVA Inc is measured differently than its book value, which is the value of CEVA that is recorded on the company's balance sheet. Investors also form their own opinion of CEVA's value that differs from its market value or its book value, called intrinsic value, which is CEVA'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 CEVA's market value can be influenced by many factors that don't directly affect CEVA'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 CEVA's value and its price as these two are different measures arrived at by different means. Investors typically determine if CEVA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CEVA'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.