Autohome Long Term Investments vs Other Current Liab Analysis

ATHM Stock  USD 26.00  0.95  3.79%   
Autohome financial indicator trend analysis is way more than just evaluating Autohome prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Autohome is a good investment. Please check the relationship between Autohome Long Term Investments and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Autohome. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
To learn how to invest in Autohome Stock, please use our How to Invest in Autohome guide.

Long Term Investments vs Other Current Liab

Long Term Investments vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Autohome Long Term Investments account and Other Current Liab. At this time, the significance of the direction appears to have very week relationship.
The correlation between Autohome's Long Term Investments and Other Current Liab is 0.21. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Autohome, assuming nothing else is changed. The correlation between historical values of Autohome's Long Term Investments and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Autohome are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Long Term Investments i.e., Autohome's Long Term Investments and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Long Term Investments

Long Term Investments is an item on the asset side of Autohome balance sheet that represents investments Autohome intends to hold for over a year. Autohome long term investments may include different instruments such as stocks, bonds, real estate and cash.

Other Current Liab

Most indicators from Autohome's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Autohome 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Autohome. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
To learn how to invest in Autohome Stock, please use our How to Invest in Autohome guide.As of the 27th of April 2024, Enterprise Value is likely to grow to about 27.8 B, while Selling General Administrative is likely to drop about 293.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit6.2B5.7B5.8B4.3B
Total Revenue7.2B6.9B7.2B5.2B

Autohome fundamental ratios Correlations

0.870.460.690.670.820.540.89-0.640.530.650.560.70.760.280.880.590.630.230.650.780.70.470.440.710.58
0.870.510.710.70.870.70.81-0.650.640.640.640.720.720.440.860.680.660.390.680.820.730.410.360.820.57
0.460.510.930.930.390.640.27-0.920.510.930.910.940.280.440.620.650.420.320.940.730.930.850.820.520.81
0.690.710.930.990.640.810.57-0.920.720.930.950.980.580.570.750.770.550.481.00.770.990.730.680.750.9
0.670.70.930.990.60.810.52-0.960.720.960.971.00.490.620.720.750.50.530.990.811.00.740.690.710.83
0.820.870.390.640.60.660.91-0.510.640.50.530.60.850.40.80.570.640.350.620.580.620.270.230.840.64
0.540.70.640.810.810.660.56-0.650.970.640.830.760.670.870.520.870.530.840.830.510.80.230.150.910.7
0.890.810.270.570.520.910.56-0.450.570.450.410.540.890.280.820.470.610.280.530.510.550.220.190.750.55
-0.64-0.65-0.92-0.92-0.96-0.51-0.65-0.45-0.55-1.0-0.9-0.97-0.33-0.45-0.73-0.58-0.44-0.39-0.91-0.84-0.96-0.83-0.79-0.53-0.75
0.530.640.510.720.720.640.970.57-0.550.540.730.670.70.890.40.810.440.90.730.440.710.070.00.870.63
0.650.640.930.930.960.50.640.45-1.00.540.90.980.330.450.730.590.450.380.920.850.960.840.810.530.76
0.560.640.910.950.970.530.830.41-0.90.730.90.950.430.730.620.790.470.570.960.750.960.690.630.720.75
0.70.720.940.981.00.60.760.54-0.970.670.980.950.480.550.760.720.510.460.970.851.00.780.740.680.82
0.760.720.280.580.490.850.670.89-0.330.70.330.430.480.420.640.610.550.390.560.370.520.080.040.840.64
0.280.440.440.570.620.40.870.28-0.450.890.450.730.550.420.150.730.260.90.610.340.590.03-0.050.720.38
0.880.860.620.750.720.80.520.82-0.730.40.730.620.760.640.150.560.720.080.720.770.750.670.640.660.67
0.590.680.650.770.750.570.870.47-0.580.810.590.790.720.610.730.560.70.570.780.60.750.350.280.890.61
0.630.660.420.550.50.640.530.61-0.440.440.450.470.510.550.260.720.70.150.530.50.530.350.310.720.49
0.230.390.320.480.530.350.840.28-0.390.90.380.570.460.390.90.080.570.150.510.230.5-0.15-0.220.610.38
0.650.680.941.00.990.620.830.53-0.910.730.920.960.970.560.610.720.780.530.510.750.990.720.660.750.89
0.780.820.730.770.810.580.510.51-0.840.440.850.750.850.370.340.770.60.50.230.750.820.750.720.550.54
0.70.730.930.991.00.620.80.55-0.960.710.960.961.00.520.590.750.750.530.50.990.820.750.70.720.84
0.470.410.850.730.740.270.230.22-0.830.070.840.690.780.080.030.670.350.35-0.150.720.750.751.00.220.58
0.440.360.820.680.690.230.150.19-0.790.00.810.630.740.04-0.050.640.280.31-0.220.660.720.71.00.150.56
0.710.820.520.750.710.840.910.75-0.530.870.530.720.680.840.720.660.890.720.610.750.550.720.220.150.67
0.580.570.810.90.830.640.70.55-0.750.630.760.750.820.640.380.670.610.490.380.890.540.840.580.560.67
Click cells to compare fundamentals

Autohome Account Relationship Matchups

Autohome fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding119.5M119.9M125.1M124.9M122.8M126.5M
Total Assets19.2B23.7B28.5B29.7B30.8B16.1B
Other Current Liab2.4B2.6B2.2B(714.5M)5.1B5.3B
Total Current Liabilities4.0B4.2B4.0B588.5M5.1B5.3B
Total Stockholder Equity14.6B17.6B22.8B2.3B23.9B25.1B
Other Liab561.0M645.8M576.8M517.9M595.6M344.9M
Property Plant And Equipment Net281.8M410.1M381.5M53.7M200.9M123.8M
Current Deferred Revenue1.5B1.4B1.7B1.2B1.4B1.1B
Net Debt(1.9B)(1.5B)(4.1B)(295.8M)(4.9B)(4.7B)
Retained Earnings10.7B13.5B14.9B2.3B2.7B4.1B
Cash2.0B1.8B4.2B406.2M5.0B5.2B
Non Current Assets Total2.8B5.4B5.2B726.4M5.3B5.6B
Cash And Short Term Investments12.8B14.6B20.7B3.2B23.5B24.7B
Net Receivables3.3B3.2B2.2B2.0B1.5B1.8B
Common Stock Total Equity7.9M8.0M8.0M8.1M9.3M8.3M
Liabilities And Stockholders Equity19.2B23.7B28.5B29.7B30.8B16.1B
Non Current Liabilities Total584.0M736.4M605.4M568.5M587.1M597.3M
Other Current Assets302.3M563.2M280.2M357.5M487.4M307.3M
Other Stockholder Equity3.8B4.1B7.9B(369.6M)(425.1M)(403.8M)
Total Liab4.5B4.9B4.6B588.5M5.7B5.9B
Property Plant And Equipment Gross362.8M619.4M1.3B1.4B1.6B1.7B
Total Current Assets16.4B18.4B23.3B3.5B25.5B26.8B
Accumulated Other Comprehensive Income148.4M62.3M(49.9M)369.6M425.1M446.3M
Intangible Assets27.7M440.4M357.4M40.4M4.1B4.4B
Common Stock8.0M8.1M8.5M1.2M23.9B25.1B
Property Plant Equipment362.8M619.4M381.5M255.3M293.6M200.8M
Non Currrent Assets Other884.2M294.8M146.1M(265.6M)517.6M543.5M
Other Assets73.1M165.1M24.1B25.4B517.6M491.7M
Inventory(2.6B)1.089.9M(2.0B)(1.8B)(1.7B)
Short Long Term Debt Total75.8M202.7M124.8M110.4M89.2M89.2M
Net Tangible Assets13.1B13.1B18.3B19.7B22.6B23.7B
Short Term Investments10.8B12.9B16.5B2.8B18.6B19.5B
Long Term Investments829.5M70.4M70.7M419.2M482.1M293.4M
Short Term Debt52.8M112.1M96.2M59.8M68.8M61.2M
Capital Lease Obligations75.8M202.7M124.8M110.4M126.9M70.6M
Non Current Liabilities Other22.5M104.9M28.6M50.6M58.2M40.9M
Net Invested Capital14.6B17.6B22.8B23.9B27.5B18.0B
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Autohome in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Autohome's short interest history, or implied volatility extrapolated from Autohome options trading.

Pair Trading with Autohome

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

Moving together with Autohome Stock

  0.68WB Weibo Corp Financial Report 23rd of May 2024 PairCorr
The ability to find closely correlated positions to Autohome could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Autohome 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 Autohome - 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 Autohome to buy it.
The correlation of Autohome 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 Autohome moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Autohome 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 Autohome 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 Autohome is a strong investment it is important to analyze Autohome's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Autohome's future performance. For an informed investment choice regarding Autohome Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Autohome. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
To learn how to invest in Autohome Stock, please use our How to Invest in Autohome guide.
Note that the Autohome information on this page should be used as a complementary analysis to other Autohome's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for Autohome Stock analysis

When running Autohome's price analysis, check to measure Autohome'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 Autohome is operating at the current time. Most of Autohome's value examination focuses on studying past and present price action to predict the probability of Autohome's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Autohome's price. Additionally, you may evaluate how the addition of Autohome to your portfolios can decrease your overall portfolio volatility.
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Is Autohome's industry 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 Autohome. If investors know Autohome 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 Autohome 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
(0.21)
Dividend Share
8.155
Earnings Share
2.11
Revenue Per Share
58.652
Quarterly Revenue Growth
0.01
The market value of Autohome is measured differently than its book value, which is the value of Autohome that is recorded on the company's balance sheet. Investors also form their own opinion of Autohome's value that differs from its market value or its book value, called intrinsic value, which is Autohome'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 Autohome's market value can be influenced by many factors that don't directly affect Autohome'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 Autohome's value and its price as these two are different measures arrived at by different means. Investors typically determine if Autohome is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Autohome'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.