17 Education End Period Cash Flow vs Sale Purchase Of Stock Analysis

YQ Stock  USD 2.01  0.05  2.55%   
17 Education financial indicator trend analysis is way more than just evaluating 17 Education Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 17 Education Technology is a good investment. Please check the relationship between 17 Education End Period Cash Flow and its Sale Purchase Of Stock accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in 17 Education Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

End Period Cash Flow vs Sale Purchase Of Stock

End Period Cash Flow vs Sale Purchase Of Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 17 Education Technology End Period Cash Flow account and Sale Purchase Of Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between 17 Education's End Period Cash Flow and Sale Purchase Of Stock is 0.57. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Sale Purchase Of Stock in the same time period over historical financial statements of 17 Education Technology, assuming nothing else is changed. The correlation between historical values of 17 Education's End Period Cash Flow and Sale Purchase Of Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which End Period Cash Flow of 17 Education Technology are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of End Period Cash Flow i.e., 17 Education's End Period Cash Flow and Sale Purchase Of Stock go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

End Period Cash Flow

Sale Purchase Of Stock

Most indicators from 17 Education's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 17 Education Technology 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in 17 Education Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
At this time, 17 Education's Selling General Administrative is relatively stable compared to the past year. As of 11/28/2024, Sales General And Administrative To Revenue is likely to grow to 0.95, though Enterprise Value is likely to grow to (147.1 M).
 2021 2022 2023 2024 (projected)
Gross Profit1.3B324.9M80.7M76.7M
Total Revenue2.2B531.1M171.0M162.4M

17 Education fundamental ratios Correlations

0.920.920.870.970.950.660.680.810.380.68-0.660.950.690.720.660.70.740.81-0.4-0.610.730.560.530.210.64
0.920.880.830.940.880.490.460.840.120.46-0.440.890.740.740.570.710.870.88-0.61-0.520.870.70.70.020.58
0.920.880.930.930.980.620.570.710.510.57-0.590.960.90.530.530.510.880.92-0.42-0.470.870.70.50.020.47
0.870.830.930.810.870.620.640.820.320.64-0.610.970.820.680.730.670.780.83-0.21-0.690.770.50.340.290.68
0.970.940.930.810.960.60.550.750.420.55-0.570.90.750.610.50.590.820.87-0.55-0.450.820.70.63-0.010.49
0.950.880.980.870.960.610.570.680.520.57-0.590.930.840.520.490.50.840.92-0.49-0.420.840.720.580.00.44
0.660.490.620.620.60.610.950.610.480.95-0.970.660.370.530.650.540.290.360.17-0.640.280.05-0.110.450.61
0.680.460.570.640.550.570.950.620.431.0-0.980.680.280.60.740.610.210.30.27-0.730.19-0.06-0.140.610.7
0.810.840.710.820.750.680.610.62-0.080.62-0.550.80.480.950.880.940.570.6-0.2-0.860.550.290.310.450.89
0.380.120.510.320.420.520.480.43-0.080.43-0.530.410.47-0.25-0.05-0.250.250.310.070.080.250.25-0.08-0.13-0.15
0.680.460.570.640.550.570.951.00.620.43-0.980.680.280.60.740.610.210.30.27-0.730.19-0.06-0.140.610.7
-0.66-0.44-0.59-0.61-0.57-0.59-0.97-0.98-0.55-0.53-0.98-0.66-0.34-0.48-0.62-0.49-0.25-0.33-0.20.61-0.23-0.020.11-0.46-0.58
0.950.890.960.970.90.930.660.680.80.410.68-0.660.80.680.70.670.790.83-0.28-0.650.780.520.420.250.66
0.690.740.90.820.750.840.370.280.480.470.28-0.340.80.240.230.210.940.92-0.5-0.170.940.810.53-0.280.16
0.720.740.530.680.610.520.530.60.95-0.250.6-0.480.680.240.921.00.380.42-0.09-0.910.360.090.240.610.95
0.660.570.530.730.50.490.650.740.88-0.050.74-0.620.70.230.920.930.240.320.24-0.990.21-0.11-0.070.810.99
0.70.710.510.670.590.50.540.610.94-0.250.61-0.490.670.211.00.930.340.39-0.05-0.920.320.050.20.650.96
0.740.870.880.780.820.840.290.210.570.250.21-0.250.790.940.380.240.340.95-0.71-0.181.00.890.74-0.330.22
0.810.880.920.830.870.920.360.30.60.310.3-0.330.830.920.420.320.390.95-0.68-0.250.960.890.75-0.220.29
-0.4-0.61-0.42-0.21-0.55-0.490.170.27-0.20.070.27-0.2-0.28-0.5-0.090.24-0.05-0.71-0.68-0.29-0.73-0.9-0.960.680.2
-0.61-0.52-0.47-0.69-0.45-0.42-0.64-0.73-0.860.08-0.730.61-0.65-0.17-0.91-0.99-0.92-0.18-0.25-0.29-0.150.180.13-0.83-0.99
0.730.870.870.770.820.840.280.190.550.250.19-0.230.780.940.360.210.321.00.96-0.73-0.150.910.76-0.360.19
0.560.70.70.50.70.720.05-0.060.290.25-0.06-0.020.520.810.09-0.110.050.890.89-0.90.180.910.87-0.63-0.13
0.530.70.50.340.630.58-0.11-0.140.31-0.08-0.140.110.420.530.24-0.070.20.740.75-0.960.130.760.87-0.51-0.03
0.210.020.020.29-0.010.00.450.610.45-0.130.61-0.460.25-0.280.610.810.65-0.33-0.220.68-0.83-0.36-0.63-0.510.81
0.640.580.470.680.490.440.610.70.89-0.150.7-0.580.660.160.950.990.960.220.290.2-0.990.19-0.13-0.030.81
Click cells to compare fundamentals

17 Education Account Relationship Matchups

17 Education fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets918.3M3.4B1.6B980.5M684.5M1.3B
Other Current Liab7.8M1.1B627.2M193.4M126.8M120.5M
Total Current Liabilities680.7M1.2B683.1M214.1M180.6M171.6M
Accounts Payable301.3M516.9M386.7M127.8M146.9M211.6M
Cash653.9M2.8B1.2B707.9M306.9M291.6M
Other Assets16.9M37.8M13.9M4.8M5.5M5.2M
Other Current Assets1.3M200.4M151.9M145.1M90.9M81.9M
Total Liab5.4B1.3B783.4M221.7M190.3M180.7M
Common Stock37K313K331K317K343K363.7K
Property Plant Equipment143.8M305.4M223.8M62.3M71.7M130.1M
Short Long Term Debt Total149.4M187.5M147.2M26.3M17.3M16.4M
Total Stockholder Equity(4.5B)2.1B797.0M758.9M494.3M519.0M
Net Tangible Assets(4.5B)2.1B797.0M758.9M872.7M916.3M
Property Plant And Equipment Net145.4M305.4M223.8M62.3M52.0M49.4M
Current Deferred Revenue243.5M596.3M243.9M42.4M44.9M42.7M
Net Debt(504.4M)(2.6B)(1.0B)(681.6M)(289.6M)(304.1M)
Retained Earnings(4.6B)(8.6B)(10.1B)(10.3B)(10.6B)(11.1B)
Non Current Assets Total160.7M343.2M237.7M67.1M53.8M51.1M
Non Currrent Assets Other15.2M37.8M13.9M4.8M(2.1M)(2.0M)
Cash And Short Term Investments653.9M2.8B1.2B727.4M480.6M953.4M
Net Receivables14.3M7.4M23.1M34.8M59.2M62.2M
Short Term Investments1.8M11.2M10.0M19.5M169.8M178.2M
Liabilities And Stockholders Equity918.3M3.4B1.6B980.5M684.5M1.2B
Non Current Liabilities Total4.7B120.1M100.3M7.5M9.7M9.2M
Capital Lease Obligations64.4M187.5M147.2M26.3M17.3M16.4M
Inventory88.2M(7.2M)(23.1M)10.2M89.9M94.4M
Net Invested Capital(4.4B)2.1B797.0M758.9M494.3M519.0M
Property Plant And Equipment Gross145.4M325.2M223.8M62.3M139.1M131.9M
Total Current Assets757.6M3.0B1.3B913.4M630.7M1.1B
Accumulated Other Comprehensive Income88.2M49.6M18.7M62.7M77.4M52.9M
Capital Stock54.3M313K331K317K343K325.9K
Net Working Capital76.9M1.8B659.7M699.2M450.1M632.1M
Short Term Debt128.2M69.4M46.9M18.7M7.6M7.3M

Pair Trading with 17 Education

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 17 Education 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 17 Education will appreciate offsetting losses from the drop in the long position's value.

Moving together with 17 Education Stock

  0.79IH Ihuman IncPairCorr

Moving against 17 Education Stock

  0.61LRN Stride IncPairCorr
  0.49UTI Universal Technical TrendingPairCorr
  0.44EEIQ Elite Education GroupPairCorr
  0.33GHC Graham HoldingsPairCorr
The ability to find closely correlated positions to 17 Education could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 17 Education 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 17 Education - 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 17 Education Technology to buy it.
The correlation of 17 Education 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 17 Education moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 17 Education Technology 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 17 Education 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.
Pair CorrelationCorrelation Matching

Additional Tools for 17 Education Stock Analysis

When running 17 Education's price analysis, check to measure 17 Education'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 17 Education is operating at the current time. Most of 17 Education's value examination focuses on studying past and present price action to predict the probability of 17 Education's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 17 Education's price. Additionally, you may evaluate how the addition of 17 Education to your portfolios can decrease your overall portfolio volatility.