Youdao Debt To Equity from 2010 to 2024
| DAO Stock | USD 3.57 0.05 1.42% |
Debt To Equity | First Reported 2010-12-31 | Previous Quarter (0.73) | Current Value (0.77) | Quarterly Volatility 1.08230483 |
Check Youdao financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Youdao main balance sheet or income statement drivers, such as Tax Provision of 25.7 M, Interest Income of 12.1 M or Depreciation And Amortization of 29.8 M, as well as many exotic indicators such as Price To Sales Ratio of 0.6, Dividend Yield of 0.0 or Days Sales Outstanding of 43.95. Youdao financial statements analysis is a perfect complement when working with Youdao Valuation or Volatility modules.
Youdao | Debt To Equity |
Latest Youdao's Debt To Equity Growth Pattern
Below is the plot of the Debt To Equity of Youdao Inc over the last few years. It is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. Youdao's Debt To Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Youdao's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 5.71 % | 10 Years Trend |
|
Debt To Equity |
| Timeline |
Youdao Debt To Equity Regression Statistics
| Arithmetic Mean | (0.81) | |
| Geometric Mean | 1.13 | |
| Coefficient Of Variation | (132.93) | |
| Mean Deviation | 0.55 | |
| Median | (1.23) | |
| Standard Deviation | 1.08 | |
| Sample Variance | 1.17 | |
| Range | 4.4909 | |
| R-Value | 0.25 | |
| Mean Square Error | 1.18 | |
| R-Squared | 0.06 | |
| Significance | 0.36 | |
| Slope | 0.06 | |
| Total Sum of Squares | 16.40 |
Youdao Debt To Equity History
About Youdao Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Youdao income statement, its balance sheet, and the statement of cash flows. Youdao investors use historical funamental indicators, such as Youdao's Debt To Equity, to determine how well the company is positioned to perform in the future. Although Youdao investors may use each financial statement separately, they are all related. The changes in Youdao's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Youdao'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 Youdao Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Youdao. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Debt To Equity | (0.73) | (0.77) |
Pair Trading with Youdao
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 Youdao 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 Youdao will appreciate offsetting losses from the drop in the long position's value.Moving against Youdao Stock
| 0.73 | BTCTW | BTC Digital Symbol Change | PairCorr |
| 0.46 | ZVOI | Zovio Inc | PairCorr |
| 0.43 | EEIQ | Elite Education Group | PairCorr |
The ability to find closely correlated positions to Youdao could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Youdao 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 Youdao - 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 Youdao Inc to buy it.
The correlation of Youdao 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 Youdao moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Youdao 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 Youdao 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 Youdao Correlation against competitors. Note that the Youdao Inc information on this page should be used as a complementary analysis to other Youdao's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Youdao Stock analysis
When running Youdao's price analysis, check to measure Youdao'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 Youdao is operating at the current time. Most of Youdao's value examination focuses on studying past and present price action to predict the probability of Youdao's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Youdao's price. Additionally, you may evaluate how the addition of Youdao to your portfolios can decrease your overall portfolio volatility.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities |
Is Youdao'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 Youdao. If investors know Youdao 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 Youdao 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 3.683 | Earnings Share (0.63) | Revenue Per Share 44.399 | Quarterly Revenue Growth 0.018 | Return On Assets (0.15) |
The market value of Youdao Inc is measured differently than its book value, which is the value of Youdao that is recorded on the company's balance sheet. Investors also form their own opinion of Youdao's value that differs from its market value or its book value, called intrinsic value, which is Youdao'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 Youdao's market value can be influenced by many factors that don't directly affect Youdao'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 Youdao's value and its price as these two are different measures arrived at by different means. Investors typically determine if Youdao is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Youdao'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.