Zhibao Total Debt To Capitalization from 2010 to 2024
| ZBAO Stock | 2.68 0.17 5.96% |
Total Debt To Capitalization | First Reported 2010-12-31 | Previous Quarter 0.56 | Current Value 0.78 | Quarterly Volatility 0.19964424 |
Check Zhibao Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Zhibao Technology's main balance sheet or income statement drivers, such as Tax Provision of 5.8 M, Depreciation And Amortization of 2.7 M or Interest Expense of 794.7 K, as well as many indicators such as Price To Sales Ratio of 71.17, Dividend Yield of 0.0 or PTB Ratio of 182. Zhibao financial statements analysis is a perfect complement when working with Zhibao Technology Valuation or Volatility modules.
Zhibao | Total Debt To Capitalization |
Latest Zhibao Technology's Total Debt To Capitalization Growth Pattern
Below is the plot of the Total Debt To Capitalization of Zhibao Technology Class over the last few years. It is Zhibao Technology's Total Debt To Capitalization historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Zhibao Technology's overall financial position and show how it may be relating to other accounts over time.
| Total Debt To Capitalization | 10 Years Trend |
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Total Debt To Capitalization |
| Timeline |
Zhibao Total Debt To Capitalization Regression Statistics
| Arithmetic Mean | 0.92 | |
| Geometric Mean | 0.89 | |
| Coefficient Of Variation | 21.76 | |
| Mean Deviation | 0.16 | |
| Median | 1.03 | |
| Standard Deviation | 0.20 | |
| Sample Variance | 0.04 | |
| Range | 0.5441 | |
| R-Value | (0.71) | |
| Mean Square Error | 0.02 | |
| R-Squared | 0.51 | |
| Significance | 0 | |
| Slope | (0.03) | |
| Total Sum of Squares | 0.56 |
Zhibao Total Debt To Capitalization History
About Zhibao Technology Financial Statements
Zhibao Technology investors utilize fundamental indicators, such as Total Debt To Capitalization, to predict how Zhibao 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 Debt To Capitalization | 0.56 | 0.78 |
Pair Trading with Zhibao Technology
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 Zhibao Technology 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 Zhibao Technology will appreciate offsetting losses from the drop in the long position's value.Moving together with Zhibao Stock
Moving against Zhibao Stock
| 0.77 | L | Loews Corp | PairCorr |
| 0.76 | TWFG | TWFG, Class A | PairCorr |
| 0.73 | DIST | Distoken Acquisition | PairCorr |
| 0.71 | AON | Aon PLC | PairCorr |
| 0.71 | BX | Blackstone Group Fiscal Year End 23rd of January 2025 | PairCorr |
The ability to find closely correlated positions to Zhibao Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zhibao Technology 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 Zhibao Technology - 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 Zhibao Technology Class to buy it.
The correlation of Zhibao Technology 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 Zhibao Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zhibao Technology Class 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 Zhibao Technology 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 Zhibao Technology Correlation against competitors. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Insurance Brokers 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 Zhibao Technology. If investors know Zhibao 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 Zhibao Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.27) | Revenue Per Share 12.565 | Quarterly Revenue Growth (0.08) | Return On Assets (0.13) | Return On Equity (2.75) |
The market value of Zhibao Technology Class is measured differently than its book value, which is the value of Zhibao that is recorded on the company's balance sheet. Investors also form their own opinion of Zhibao Technology's value that differs from its market value or its book value, called intrinsic value, which is Zhibao Technology'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 Zhibao Technology's market value can be influenced by many factors that don't directly affect Zhibao Technology'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 Zhibao Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zhibao Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zhibao Technology'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.