Douyu International Holdings Stock Market Value
| DOYU Stock | USD 8.09 0.20 2.53% |
| Symbol | DouYu |
DouYu International Price To Book Ratio
Is DouYu International'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 DouYu International. If investors know DouYu 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 DouYu International 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 11.476 | Earnings Share 0.62 | Revenue Per Share 172.946 | Quarterly Revenue Growth (0.23) | Return On Assets (0.01) |
The market value of DouYu International is measured differently than its book value, which is the value of DouYu that is recorded on the company's balance sheet. Investors also form their own opinion of DouYu International's value that differs from its market value or its book value, called intrinsic value, which is DouYu 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 DouYu International's market value can be influenced by many factors that don't directly affect DouYu 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 DouYu International's value and its price as these two are different measures arrived at by different means. Investors typically determine if DouYu International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DouYu 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.
DouYu International 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to DouYu International's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of DouYu International.
| 04/29/2022 |
| 04/18/2024 |
If you would invest 0.00 in DouYu International on April 29, 2022 and sell it all today you would earn a total of 0.00 from holding DouYu International Holdings or generate 0.0% return on investment in DouYu International over 720 days. DouYu International is related to or competes with MediaAlpha, and Tencent Music. DouYu International Holdings Limited, together with its subsidiaries, operates a platform on PC and mobile apps that pro... More
DouYu International Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure DouYu International's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess DouYu International Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 17.46 | |||
| Value At Risk | (6.91) | |||
| Potential Upside | 6.84 |
DouYu International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DouYu International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DouYu International's standard deviation. In reality, there are many statistical measures that can use DouYu International historical prices to predict the future DouYu International's volatility.| Risk Adjusted Performance | (0.0007) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (0.05) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of DouYu International's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
DouYu International Backtested Returns
We consider DouYu International relatively risky. DouYu International secures Sharpe Ratio (or Efficiency) of 0.0144, which denotes the company had a 0.0144% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for DouYu International Holdings, which you can use to evaluate the volatility of the firm. Please confirm DouYu International's Standard Deviation of 4.15, variance of 17.24, and Mean Deviation of 3.12 to check if the risk estimate we provide is consistent with the expected return of 0.0595%. DouYu International has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.29, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, DouYu International will likely underperform. DouYu International right now shows a risk of 4.13%. Please confirm DouYu International treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if DouYu International will be following its price patterns.
Auto-correlation | -0.09 |
Very weak reverse predictability
DouYu International Holdings has very weak reverse predictability. Overlapping area represents the amount of predictability between DouYu International time series from 29th of April 2022 to 24th of April 2023 and 24th of April 2023 to 18th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of DouYu International price movement. The serial correlation of -0.09 indicates that less than 9.0% of current DouYu International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 1.87 |
DouYu International lagged returns against current returns
Autocorrelation, which is DouYu International stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting DouYu International's stock expected returns. We can calculate the autocorrelation of DouYu International returns to help us make a trade decision. For example, suppose you find that DouYu International has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
DouYu International regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If DouYu International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DouYu International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DouYu International stock over time.
Current vs Lagged Prices |
| Timeline |
DouYu International Lagged Returns
When evaluating DouYu International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DouYu International stock have on its future price. DouYu International autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, DouYu International autocorrelation shows the relationship between DouYu International stock current value and its past values and can show if there is a momentum factor associated with investing in DouYu International Holdings.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards DouYu International in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, DouYu International's short interest history, or implied volatility extrapolated from DouYu International options trading.
Pair Trading with DouYu 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 DouYu 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 DouYu International will appreciate offsetting losses from the drop in the long position's value.Moving together with DouYu Stock
| 0.65 | TC | TuanChe ADR | PairCorr |
Moving against DouYu Stock
| 0.51 | MAX | MediaAlpha Downward Rally | PairCorr |
| 0.5 | DJT | Trump Media Technology Symbol Change | PairCorr |
| 0.43 | EVER | EverQuote Class A Downward Rally | PairCorr |
The ability to find closely correlated positions to DouYu 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 DouYu 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 DouYu 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 DouYu International Holdings to buy it.
The correlation of DouYu 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 DouYu International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DouYu 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 DouYu 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 DouYu International Correlation, DouYu International Volatility and DouYu International Alpha and Beta module to complement your research on DouYu International. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for DouYu Stock analysis
When running DouYu International's price analysis, check to measure DouYu International'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 DouYu International is operating at the current time. Most of DouYu International's value examination focuses on studying past and present price action to predict the probability of DouYu International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DouYu International's price. Additionally, you may evaluate how the addition of DouYu International to your portfolios can decrease your overall portfolio volatility.
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DouYu International technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.