Webus Net Receivables from 2010 to 2025
| WETO Stock | 3.88 0.12 3.19% |
Net Receivables | First Reported 2010-12-31 | Previous Quarter 796.4 K | Current Value 1.5 M | Quarterly Volatility 1 M |
Check Webus International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Webus International's main balance sheet or income statement drivers, such as Selling General Administrative of 13.6 M, Total Revenue of 93.7 M or Gross Profit of 6.9 M, as well as many indicators such as . Webus financial statements analysis is a perfect complement when working with Webus International Valuation or Volatility modules.
Webus | Net Receivables | Build AI portfolio with Webus Stock |
Latest Webus International's Net Receivables Growth Pattern
Below is the plot of the Net Receivables of Webus International Limited over the last few years. It is Webus International's Net Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Webus International's overall financial position and show how it may be relating to other accounts over time.
| Net Receivables | 10 Years Trend |
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Net Receivables |
| Timeline |
Webus Net Receivables Regression Statistics
| Arithmetic Mean | 2,555,429 | |
| Geometric Mean | 2,180,491 | |
| Coefficient Of Variation | 40.39 | |
| Mean Deviation | 846,305 | |
| Median | 3,124,572 | |
| Standard Deviation | 1,032,241 | |
| Sample Variance | 1.1T | |
| Range | 2.8M | |
| R-Value | (0.72) | |
| Mean Square Error | 556.7B | |
| R-Squared | 0.51 | |
| Significance | 0 | |
| Slope | (155,196) | |
| Total Sum of Squares | 16T |
Webus Net Receivables History
About Webus International Financial Statements
Webus International investors utilize fundamental indicators, such as Net Receivables, to predict how Webus Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Receivables | 796.4 K | 1.5 M |
Pair Trading with Webus International
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 Webus International 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 Webus International will appreciate offsetting losses from the drop in the long position's value.Moving against Webus Stock
| 0.63 | VTSI | VirTra Inc Earnings Call This Week | PairCorr |
| 0.56 | WK | Workiva | PairCorr |
| 0.55 | DT | Dynatrace Holdings LLC | PairCorr |
| 0.55 | ZI | ZoomInfo Technologies | PairCorr |
| 0.51 | DV | DoubleVerify Holdings Earnings Call Today | PairCorr |
The ability to find closely correlated positions to Webus International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Webus International 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 Webus International - 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 Webus International Limited to buy it.
The correlation of Webus International 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 Webus International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Webus International 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 Webus International 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 Webus International Correlation against competitors. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Transportation space 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 Webus International. If investors know Webus 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 Webus International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Webus International is measured differently than its book value, which is the value of Webus that is recorded on the company's balance sheet. Investors also form their own opinion of Webus International's value that differs from its market value or its book value, called intrinsic value, which is Webus International'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 Webus International's market value can be influenced by many factors that don't directly affect Webus International'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 Webus International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Webus International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Webus International'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.