360 Total Revenue from 2010 to 2024
QFIN Stock | USD 38.11 0.23 0.61% |
Total Revenue | First Reported 2016-12-31 | Previous Quarter 4.2 B | Current Value 3.6 B | Quarterly Volatility 1.5 B |
Check 360 Finance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among 360 Finance's main balance sheet or income statement drivers, such as Tax Provision of 603 M, Interest Income of 5.1 B or Discontinued Operations of 0.0, as well as many indicators such as Price To Sales Ratio of 1.08, Dividend Yield of 0.0485 or PTB Ratio of 0.88. 360 financial statements analysis is a perfect complement when working with 360 Finance Valuation or Volatility modules.
360 | Total Revenue |
Latest 360 Finance's Total Revenue Growth Pattern
Below is the plot of the Total Revenue of 360 Finance over the last few years. Total revenue comprises all receipts 360 Finance generated from the sale of its products or services. It is the total amount of income generated by the sale of goods or services related to the company's primary operations. 360 Finance's Total Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in 360 Finance's overall financial position and show how it may be relating to other accounts over time.
Total Revenue | 10 Years Trend |
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Total Revenue |
Timeline |
360 Total Revenue Regression Statistics
Arithmetic Mean | 5,877,003,063 | |
Geometric Mean | 32,952,383 | |
Coefficient Of Variation | 120.40 | |
Mean Deviation | 6,354,326,075 | |
Median | 788,144,000 | |
Standard Deviation | 7,076,066,246 | |
Sample Variance | 50070713.5T | |
Range | 16.6B | |
R-Value | 0.87 | |
Mean Square Error | 13154238.8T | |
R-Squared | 0.76 | |
Significance | 0.000025 | |
Slope | 1,375,791,831 | |
Total Sum of Squares | 700989989.3T |
360 Total Revenue History
About 360 Finance Financial Statements
360 Finance investors utilize fundamental indicators, such as Total Revenue, to predict how 360 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 | ||
Total Revenue | 16.3 B | 10.7 B |
Pair Trading with 360 Finance
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 360 Finance 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 360 Finance will appreciate offsetting losses from the drop in the long position's value.Moving together with 360 Stock
Moving against 360 Stock
0.76 | RC | Ready Capital Corp | PairCorr |
0.72 | BRACU | Broad Capital Acquisition | PairCorr |
0.55 | WU | Western Union Sell-off Trend | PairCorr |
0.54 | PT | Pintec Technology | PairCorr |
0.51 | TETEW | Technology Telecommunicatio | PairCorr |
The ability to find closely correlated positions to 360 Finance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 360 Finance 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 360 Finance - 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 360 Finance to buy it.
The correlation of 360 Finance 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 360 Finance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 360 Finance 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 360 Finance 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 360 Finance Correlation against competitors. To learn how to invest in 360 Stock, please use our How to Invest in 360 Finance guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Consumer Finance 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 360 Finance. If investors know 360 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 360 Finance 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 0.343 | Earnings Share 4.84 | Revenue Per Share 109.127 | Quarterly Revenue Growth 0.063 | Return On Assets 0.107 |
The market value of 360 Finance is measured differently than its book value, which is the value of 360 that is recorded on the company's balance sheet. Investors also form their own opinion of 360 Finance's value that differs from its market value or its book value, called intrinsic value, which is 360 Finance'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 360 Finance's market value can be influenced by many factors that don't directly affect 360 Finance'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 360 Finance's value and its price as these two are different measures arrived at by different means. Investors typically determine if 360 Finance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 360 Finance'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.