Douyu International Holdings Stock Beta
| DOYU Stock | USD 8.06 0.03 0.37% |
DouYu International Holdings fundamentals help investors to digest information that contributes to DouYu International's financial success or failures. It also enables traders to predict the movement of DouYu Stock. The fundamental analysis module provides a way to measure DouYu International's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to DouYu International stock.
DouYu |
DouYu International Holdings Company Beta Analysis
DouYu International's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current DouYu International Beta | 1.02 |
Most of DouYu International's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, DouYu International Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, DouYu International Holdings has a Beta of 1.016. This is 20.62% lower than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The beta for all United States stocks is notably lower than that of the firm.
DouYu Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses DouYu International's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of DouYu International could also be used in its relative valuation, which is a method of valuing DouYu International by comparing valuation metrics of similar companies.DouYu International is currently under evaluation in beta category among related companies.
DouYu International returns are very sensitive to returns on the market. As the market goes up or down, DouYu International is expected to follow.
DouYu Fundamentals
| Return On Equity | 0.0054 | ||||
| Return On Asset | -0.0116 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | (0.08) % | ||||
| Current Valuation | (5.88 B) | ||||
| Shares Outstanding | 31.98 M | ||||
| Shares Owned By Insiders | 3.75 % | ||||
| Shares Owned By Institutions | 18.10 % | ||||
| Number Of Shares Shorted | 1.46 M | ||||
| Price To Earning | 401.89 X | ||||
| Price To Book | 0.26 X | ||||
| Price To Sales | 0.04 X | ||||
| Revenue | 5.92 B | ||||
| Gross Profit | 990.11 M | ||||
| EBITDA | (62.58 M) | ||||
| Net Income | 143.06 M | ||||
| Cash And Equivalents | 6.58 B | ||||
| Cash Per Share | 20.67 X | ||||
| Total Debt | 47.05 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 4.22 X | ||||
| Book Value Per Share | 209.19 X | ||||
| Cash Flow From Operations | (67.83 M) | ||||
| Short Ratio | 10.69 X | ||||
| Earnings Per Share | 0.62 X | ||||
| Price To Earnings To Growth | 4.93 X | ||||
| Target Price | 7.18 | ||||
| Beta | 1.02 | ||||
| Market Capitalization | 252.3 M | ||||
| Total Asset | 8.15 B | ||||
| Retained Earnings | (3.52 B) | ||||
| Working Capital | 5.52 B | ||||
| Current Asset | 1.89 B | ||||
| Current Liabilities | 1.14 B | ||||
| Net Asset | 8.15 B |
About DouYu International Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze DouYu International Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of DouYu International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of DouYu International Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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.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 Piotroski F Score and DouYu International Altman Z Score analysis. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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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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.
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.