Tuniu Non Currrent Assets Other from 2010 to 2025
| TOUR Stock | USD 1.08 0.02 1.82% |
Non Currrent Assets Other | First Reported 2014-06-30 | Previous Quarter 30.5 M | Current Value 19.2 M | Quarterly Volatility 184.6 M |
Check Tuniu Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tuniu Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 11.7 M, Interest Expense of 7 M or Selling General Administrative of 83.3 M, as well as many indicators such as Price To Sales Ratio of 0.56, Dividend Yield of 4.93 or PTB Ratio of 0.27. Tuniu financial statements analysis is a perfect complement when working with Tuniu Corp Valuation or Volatility modules.
Tuniu | Non Currrent Assets Other |
Latest Tuniu Corp's Non Currrent Assets Other Growth Pattern
Below is the plot of the Non Currrent Assets Other of Tuniu Corp over the last few years. It is assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents. Tuniu Corp's Non Currrent Assets Other historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tuniu Corp's overall financial position and show how it may be relating to other accounts over time.
| Non Currrent Assets Other | 10 Years Trend |
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Non Currrent Assets Other |
| Timeline |
Tuniu Non Currrent Assets Other Regression Statistics
| Arithmetic Mean | 129,063,470 | |
| Geometric Mean | 28,459,425 | |
| Coefficient Of Variation | 163.47 | |
| Mean Deviation | 149,795,159 | |
| Median | 55,960,000 | |
| Standard Deviation | 210,986,180 | |
| Sample Variance | 44515.2T | |
| Range | 649.4M | |
| R-Value | (0.10) | |
| Mean Square Error | 47216.2T | |
| R-Squared | 0.01 | |
| Significance | 0.71 | |
| Slope | (4,439,469) | |
| Total Sum of Squares | 667727.5T |
Tuniu Non Currrent Assets Other History
About Tuniu Corp Financial Statements
Tuniu Corp shareholders use historical fundamental indicators, such as Non Currrent Assets Other, to determine how well the company is positioned to perform in the future. Although Tuniu Corp investors may analyze each financial statement separately, they are all interrelated. The changes in Tuniu Corp's assets and liabilities, for example, are also reflected in the revenues and expenses on on Tuniu Corp's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Non Currrent Assets Other | 19.2 M | 18.2 M |
Pair Trading with Tuniu Corp
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 Tuniu Corp 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 Tuniu Corp will appreciate offsetting losses from the drop in the long position's value.Moving against Tuniu Stock
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The ability to find closely correlated positions to Tuniu Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tuniu Corp 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 Tuniu Corp - 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 Tuniu Corp to buy it.
The correlation of Tuniu Corp 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 Tuniu Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tuniu Corp 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 Tuniu Corp 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.Additional Tools for Tuniu Stock Analysis
When running Tuniu Corp's price analysis, check to measure Tuniu Corp'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 Tuniu Corp is operating at the current time. Most of Tuniu Corp's value examination focuses on studying past and present price action to predict the probability of Tuniu Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tuniu Corp's price. Additionally, you may evaluate how the addition of Tuniu Corp to your portfolios can decrease your overall portfolio volatility.