Fangdd Days Of Inventory On Hand vs Average Inventory Analysis
DUO Stock | USD 0.58 0.04 7.41% |
Fangdd Network financial indicator trend analysis is much more than just examining Fangdd Network Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fangdd Network Group is a good investment. Please check the relationship between Fangdd Network Days Of Inventory On Hand and its Average Inventory accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fangdd Network Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
Days Of Inventory On Hand vs Average Inventory
Days Of Inventory On Hand vs Average Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fangdd Network Group Days Of Inventory On Hand account and Average Inventory. At this time, the significance of the direction appears to have very week relationship.
The correlation between Fangdd Network's Days Of Inventory On Hand and Average Inventory is 0.23. Overlapping area represents the amount of variation of Days Of Inventory On Hand that can explain the historical movement of Average Inventory in the same time period over historical financial statements of Fangdd Network Group, assuming nothing else is changed. The correlation between historical values of Fangdd Network's Days Of Inventory On Hand and Average Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Of Inventory On Hand of Fangdd Network Group are associated (or correlated) with its Average Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Inventory has no effect on the direction of Days Of Inventory On Hand i.e., Fangdd Network's Days Of Inventory On Hand and Average Inventory go up and down completely randomly.
Correlation Coefficient | 0.23 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Days Of Inventory On Hand
Average Inventory
The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.Most indicators from Fangdd Network's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fangdd Network Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fangdd Network Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. At this time, Fangdd Network's Selling General Administrative is very stable compared to the past year. As of the 29th of November 2024, Issuance Of Capital Stock is likely to grow to about 87.7 M, though Tax Provision is likely to grow to (1.8 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 106.5M | 24.7M | 41.2M | 39.1M | Total Revenue | 942.4M | 245.9M | 285.0M | 270.7M |
Fangdd Network fundamental ratios Correlations
Click cells to compare fundamentals
Fangdd Network Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fangdd Network fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.4B | 4.0B | 1.9B | 1.1B | 769.9M | 731.4M | |
Short Long Term Debt Total | 490M | 443.4M | 134.8M | 74.5M | 140K | 133K | |
Other Current Liab | 338.6M | 249.4M | 170.2M | 168.6M | 84.8M | 80.6M | |
Total Current Liabilities | 2.8B | 2.6B | 1.6B | 949.7M | 549.7M | 522.2M | |
Total Stockholder Equity | 1.6B | 1.5B | 313.3M | 100.1M | 195.8M | 205.6M | |
Other Liab | 11.9M | 24.0M | 28.6M | 30.8M | 35.4M | 17.9M | |
Net Tangible Assets | 1.6B | 1.4B | 313.3M | 99.7M | 114.6M | 120.3M | |
Property Plant And Equipment Net | 8.3M | 14.5M | 14.6M | 5.2M | 2.0M | 1.9M | |
Current Deferred Revenue | 44.9M | 36.1M | 31.0M | 30.7M | 40.1M | 36.0M | |
Net Debt | (613.7M) | (400.0M) | (357.3M) | (69.4M) | (121.6M) | (127.7M) | |
Retained Earnings | (2.9B) | (3.1B) | (4.3B) | (4.6B) | (4.6B) | (4.9B) | |
Accounts Payable | 1.9B | 1.8B | 1.2B | 659.2M | 395.4M | 375.7M | |
Cash | 1.1B | 843.4M | 492.1M | 143.9M | 121.7M | 115.6M | |
Non Current Assets Total | 642.1M | 572.7M | 285.7M | 217.8M | 156.8M | 149.0M | |
Non Currrent Assets Other | 7.3M | 7.5M | (285.7M) | 6M | 6.1M | 6.4M | |
Other Assets | 11.4M | 12.1M | 11.4M | 4.0B | 4.7B | 4.9B | |
Cash And Short Term Investments | 1.1B | 852.4M | 498.3M | 145.9M | 137.0M | 130.2M | |
Net Receivables | 2.2B | 2.3B | 981.4M | 471.0M | 418.2M | 397.3M | |
Common Stock Shares Outstanding | 2.9M | 5.3M | 5.4M | 107.5M | 3.7M | 3.5M | |
Short Term Investments | 11.5M | 9M | 6.2M | 2M | 15.3M | 14.5M | |
Liabilities And Stockholders Equity | 4.4B | 4.0B | 1.9B | 1.1B | 769.9M | 731.4M | |
Non Current Liabilities Total | 11.9M | 24.0M | 28.6M | 690.0M | 28.7M | 27.2M | |
Inventory | (2.9B) | (92.1M) | 1.0 | 11.2M | 12.5M | 13.1M | |
Other Current Assets | 3.3B | 278.5M | 147.7M | 303.5M | 45.3M | 43.1M | |
Other Stockholder Equity | 4.9B | 5.0B | 5.0B | 5.1B | 5.2B | 3.5B | |
Total Liab | 2.8B | 4.0B | 1.6B | 1.1B | 578.4M | 549.5M | |
Long Term Investments | 619.3M | 508.6M | 271.1M | 212.1M | 148.7M | 141.3M | |
Property Plant And Equipment Gross | 8.3M | 85.3M | 90.5M | 71.0M | 54.8M | 54.5M | |
Short Long Term Debt | 490M | 443.4M | 134.8M | 72.5M | 65.3M | 62.0M | |
Total Current Assets | 3.7B | 3.5B | 1.6B | 858.9M | 613.1M | 582.4M | |
Accumulated Other Comprehensive Income | (368.9M) | (397.0M) | (404.9M) | (393.8M) | (398.2M) | (418.1M) | |
Short Term Debt | 490M | 443.4M | 134.8M | 73.7M | 111K | 105.5K | |
Property Plant Equipment | 8.3M | 14.5M | 14.6M | 5.2M | 4.7M | 4.5M | |
Net Invested Capital | 2.1B | 1.9B | 448.0M | 100.1M | 195.8M | 359.2M | |
Net Working Capital | 958.9M | 917.2M | 46.6M | (90.8M) | 63.4M | 60.2M |
Pair Trading with Fangdd Network
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 Fangdd Network 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 Fangdd Network will appreciate offsetting losses from the drop in the long position's value.Moving together with Fangdd Stock
Moving against Fangdd Stock
The ability to find closely correlated positions to Fangdd Network could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fangdd Network 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 Fangdd Network - 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 Fangdd Network Group to buy it.
The correlation of Fangdd Network 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 Fangdd Network moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fangdd Network Group 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 Fangdd Network 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fangdd Network Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Interactive Media & Services 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 Fangdd Network. If investors know Fangdd 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 Fangdd Network 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 0.23 | Earnings Share (3.10) | Revenue Per Share 45.159 | Quarterly Revenue Growth (0.09) | Return On Assets (0.20) |
The market value of Fangdd Network Group is measured differently than its book value, which is the value of Fangdd that is recorded on the company's balance sheet. Investors also form their own opinion of Fangdd Network's value that differs from its market value or its book value, called intrinsic value, which is Fangdd Network'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 Fangdd Network's market value can be influenced by many factors that don't directly affect Fangdd Network'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 Fangdd Network's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fangdd Network is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fangdd Network'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.