Youdao Sale Purchase Of Stock vs Change To Operating Activities Analysis

DAO Stock  USD 7.05  0.02  0.28%   
Youdao financial indicator trend analysis is more than just analyzing Youdao Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Youdao Inc is a good investment. Please check the relationship between Youdao Sale Purchase Of Stock and its Change To Operating Activities accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Youdao Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Sale Purchase Of Stock vs Change To Operating Activities

Sale Purchase Of Stock vs Change To Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Youdao Inc Sale Purchase Of Stock account and Change To Operating Activities. At this time, the significance of the direction appears to have no relationship.
The correlation between Youdao's Sale Purchase Of Stock and Change To Operating Activities is 0.05. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Change To Operating Activities in the same time period over historical financial statements of Youdao Inc, assuming nothing else is changed. The correlation between historical values of Youdao's Sale Purchase Of Stock and Change To Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of Youdao Inc are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of Sale Purchase Of Stock i.e., Youdao's Sale Purchase Of Stock and Change To Operating Activities go up and down completely randomly.

Correlation Coefficient

0.05
Relationship DirectionPositive 
Relationship StrengthInsignificant

Sale Purchase Of Stock

Change To Operating Activities

Most indicators from Youdao's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Youdao Inc 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 Youdao Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Youdao's Tax Provision is very stable compared to the past year. As of the 21st of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.05, while Discontinued Operations is likely to drop (5.8 M).
 2021 2022 2023 2024 (projected)
Gross Profit2.0B2.6B2.8B1.5B
Total Revenue4.0B5.0B5.4B3.2B

Youdao fundamental ratios Correlations

0.680.730.91-0.34-0.30.910.9-0.27-0.860.880.830.860.690.750.90.890.930.760.630.90.920.770.940.9-0.14
0.680.470.8-0.74-0.650.830.730.29-0.920.790.780.920.540.490.410.90.760.850.00.880.870.490.870.86-0.51
0.730.470.87-0.54-0.570.780.92-0.57-0.70.730.830.680.390.580.660.720.720.70.320.650.70.50.670.82-0.52
0.910.80.87-0.63-0.610.980.99-0.26-0.940.930.940.940.640.740.730.940.90.90.330.910.960.70.940.99-0.48
-0.34-0.74-0.54-0.630.93-0.59-0.59-0.150.74-0.55-0.62-0.65-0.25-0.29-0.11-0.62-0.46-0.770.38-0.62-0.58-0.2-0.5-0.690.95
-0.3-0.65-0.57-0.610.93-0.58-0.580.070.65-0.62-0.67-0.64-0.23-0.29-0.07-0.57-0.38-0.680.42-0.49-0.55-0.2-0.44-0.660.93
0.910.830.780.98-0.59-0.580.96-0.14-0.940.940.890.980.770.830.670.920.870.930.280.920.990.810.960.97-0.41
0.90.730.920.99-0.59-0.580.96-0.34-0.90.90.930.90.620.730.750.910.890.870.360.870.920.690.90.97-0.47
-0.270.29-0.57-0.26-0.150.07-0.14-0.34-0.02-0.29-0.38-0.010.13-0.08-0.46-0.11-0.110.08-0.40.04-0.05-0.05-0.04-0.15-0.03
-0.86-0.92-0.7-0.940.740.65-0.94-0.9-0.02-0.89-0.87-0.95-0.64-0.67-0.64-0.95-0.86-0.95-0.19-0.98-0.95-0.65-0.94-0.960.54
0.880.790.730.93-0.55-0.620.940.9-0.29-0.890.950.940.640.70.670.910.790.820.250.850.940.690.910.93-0.37
0.830.780.830.94-0.62-0.670.890.93-0.38-0.870.950.90.430.530.70.940.810.770.260.830.880.50.870.93-0.47
0.860.920.680.94-0.65-0.640.980.9-0.01-0.950.940.90.720.740.590.940.840.920.170.920.990.730.960.96-0.44
0.690.540.390.64-0.25-0.230.770.620.13-0.640.640.430.720.970.370.510.560.760.190.660.770.980.710.64-0.1
0.750.490.580.74-0.29-0.290.830.73-0.08-0.670.70.530.740.970.470.550.610.80.260.680.80.990.730.7-0.18
0.90.410.660.73-0.11-0.070.670.75-0.46-0.640.670.70.590.370.470.740.850.470.840.720.680.510.750.70.05
0.890.90.720.94-0.62-0.570.920.91-0.11-0.950.910.940.940.510.550.740.920.820.340.930.940.550.960.96-0.4
0.930.760.720.9-0.46-0.380.870.89-0.11-0.860.790.810.840.560.610.850.920.750.590.880.890.610.920.92-0.28
0.760.850.70.9-0.77-0.680.930.870.08-0.950.820.770.920.760.80.470.820.750.020.910.920.750.870.91-0.61
0.630.00.320.330.380.420.280.36-0.4-0.190.250.260.170.190.260.840.340.590.020.310.310.330.410.290.48
0.90.880.650.91-0.62-0.490.920.870.04-0.980.850.830.920.660.680.720.930.880.910.310.940.680.960.92-0.39
0.920.870.70.96-0.58-0.550.990.92-0.05-0.950.940.880.990.770.80.680.940.890.920.310.940.790.980.97-0.37
0.770.490.50.7-0.2-0.20.810.69-0.05-0.650.690.50.730.980.990.510.550.610.750.330.680.790.740.67-0.06
0.940.870.670.94-0.5-0.440.960.9-0.04-0.940.910.870.960.710.730.750.960.920.870.410.960.980.740.95-0.27
0.90.860.820.99-0.69-0.660.970.97-0.15-0.960.930.930.960.640.70.70.960.920.910.290.920.970.670.95-0.52
-0.14-0.51-0.52-0.480.950.93-0.41-0.47-0.030.54-0.37-0.47-0.44-0.1-0.180.05-0.4-0.28-0.610.48-0.39-0.37-0.06-0.27-0.52
Click cells to compare fundamentals

Youdao Account Relationship Matchups

Youdao fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B2.1B2.6B2.3B1.7B1.8B
Short Long Term Debt Total899.2M957.7M1.2B1.4B1.6B1.2B
Other Current Liab361.2M2.2B798.0M867.0M918.0M864.9M
Total Current Liabilities1.8B3.4B3.0B3.2B3.1B2.7B
Total Stockholder Equity300.1M(1.4B)(807.1M)(1.5B)(2.2B)(2.1B)
Other Liab5.5M4.0M81.0M73.4M84.4M88.6M
Net Tangible Assets300.1M(1.4B)(807.1M)(1.6B)(1.5B)(1.4B)
Property Plant And Equipment Net48.4M151.5M198.4M170.5M159.9M119.5M
Current Deferred Revenue456.8M1.4B1.1B1.1B1.1B841.5M
Net Debt725.9M348.5M883.3M660.4M1.1B854.0M
Retained Earnings(1.9B)(3.7B)(4.7B)(5.4B)(5.9B)(5.7B)
Accounts Payable62.7M208.5M244.0M351.2M159.0M169.7M
Cash173.3M609.2M322.8M783.6M454.5M381.1M
Non Current Assets Total56.6M218.7M364.4M406.2M366.2M228.4M
Non Currrent Assets Other6.1M24.7M166.0M35.0M45.0M45.0M
Other Assets8.1M67.2M166.0M35.0M40.3M52.4M
Cash And Short Term Investments1.6B1.2B826.9M1.0B526.7M889.4M
Net Receivables215.6M272.9M254.5M413.0M380.1M268.2M
Short Term Investments1.4B585.3M504.1M232.4M72.1M68.5M
Liabilities And Stockholders Equity2.1B2.1B2.6B2.3B1.7B1.8B
Non Current Liabilities Total26.7M83.8M330.5M574.8M696.0M730.8M
Capital Surpluse138.0M2.2B2.3B3.9B4.5B4.7B
Capital Lease Obligations25.4M79.7M73.1M43.6M88.2M48.7M
Inventory73.2M148.7M255.4M232.3M217.1M149.6M
Other Current Assets120.9M265.2M932.8M208.7M176.1M269.0M
Other Stockholder Equity2.2B2.3B3.9B4.0B3.9B2.6B
Total Liab1.8B3.5B3.4B3.8B3.8B3.0B
Net Invested Capital1.2B(530.1M)326.0M(134.7M)(678.4M)(644.5M)
Property Plant And Equipment Gross48.4M151.5M198.4M170.5M281.8M295.9M
Total Current Assets2.0B1.9B2.3B1.9B1.3B1.6B
Accumulated Other Comprehensive Income(12.7M)(44.1M)(49.9M)(87.4M)(100.5M)(95.5M)
Non Current Liabilities Other5.5M4.0M2.4M8.8M16.3M17.1M
Cash And Equivalents173.3M609.2M322.8M783.6M901.2M946.2M
Net Working Capital271.2M(1.5B)(764.3M)(1.3B)(1.8B)(1.7B)

Pair Trading with Youdao

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

Moving against Youdao Stock

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The ability to find closely correlated positions to Youdao could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Youdao 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 Youdao - 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 Youdao Inc to buy it.
The correlation of Youdao 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 Youdao moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Youdao Inc 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 Youdao 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
When determining whether Youdao Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Youdao's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Youdao Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Youdao Inc Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Youdao Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Diversified Consumer 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 Youdao. If investors know Youdao 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 Youdao 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
3.683
Earnings Share
0.06
Revenue Per Share
48.125
Quarterly Revenue Growth
0.095
Return On Assets
(0.01)
The market value of Youdao Inc is measured differently than its book value, which is the value of Youdao that is recorded on the company's balance sheet. Investors also form their own opinion of Youdao's value that differs from its market value or its book value, called intrinsic value, which is Youdao'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 Youdao's market value can be influenced by many factors that don't directly affect Youdao'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 Youdao's value and its price as these two are different measures arrived at by different means. Investors typically determine if Youdao is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Youdao'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.