DouYu Ptb Ratio vs Capex To Revenue Analysis

DOYU Stock  USD 9.09  0.49  5.70%   
DouYu International financial indicator trend analysis is much more than just examining DouYu International latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DouYu International is a good investment. Please check the relationship between DouYu International Ptb Ratio and its Capex To Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DouYu International Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.

Ptb Ratio vs Capex To Revenue

Ptb Ratio vs Capex To Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DouYu International Ptb Ratio account and Capex To Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between DouYu International's Ptb Ratio and Capex To Revenue is 0.92. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of DouYu International Holdings, assuming nothing else is changed. The correlation between historical values of DouYu International's Ptb Ratio and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of DouYu International Holdings are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Ptb Ratio i.e., DouYu International's Ptb Ratio and Capex To Revenue go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
Most indicators from DouYu International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DouYu International 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 DouYu International Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
At this time, DouYu International's Tax Provision is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 291 M in 2024, despite the fact that Enterprise Value is likely to grow to (2.2 B).

DouYu International fundamental ratios Correlations

0.620.850.890.880.460.94-0.94-0.930.920.950.870.580.631.00.52-0.19-0.460.90.230.880.92-0.070.760.61.0
0.620.880.250.270.270.54-0.61-0.710.620.610.540.510.570.620.8-0.210.310.350.420.430.320.640.460.430.62
0.850.880.530.540.40.69-0.88-0.870.90.880.610.430.50.860.86-0.070.050.590.550.580.590.450.520.360.87
0.890.250.530.970.470.93-0.77-0.760.750.780.880.530.570.880.13-0.2-0.790.96-0.050.941.0-0.50.780.660.88
0.880.270.540.970.450.91-0.76-0.80.730.760.880.670.680.870.1-0.37-0.811.0-0.170.930.97-0.50.870.680.86
0.460.270.40.470.450.41-0.28-0.320.590.290.410.120.20.450.240.24-0.370.460.230.480.48-0.170.390.370.46
0.940.540.690.930.910.41-0.81-0.890.770.810.980.690.740.920.33-0.31-0.580.930.010.970.95-0.250.870.770.92
-0.94-0.61-0.88-0.77-0.76-0.28-0.810.88-0.92-1.0-0.69-0.43-0.47-0.96-0.610.140.3-0.78-0.38-0.71-0.8-0.09-0.59-0.39-0.96
-0.93-0.71-0.87-0.76-0.8-0.32-0.890.88-0.83-0.87-0.84-0.73-0.77-0.91-0.60.350.32-0.84-0.19-0.83-0.8-0.07-0.81-0.56-0.92
0.920.620.90.750.730.590.77-0.92-0.830.930.660.340.390.940.680.02-0.290.760.490.680.780.10.570.390.94
0.950.610.880.780.760.290.81-1.0-0.870.930.690.430.460.960.62-0.13-0.30.780.380.710.810.090.580.390.96
0.870.540.610.880.880.410.98-0.69-0.840.660.690.770.810.840.24-0.42-0.590.9-0.130.970.9-0.290.910.860.84
0.580.510.430.530.670.120.69-0.43-0.730.340.430.770.980.530.08-0.82-0.40.71-0.460.70.56-0.140.920.720.54
0.630.570.50.570.680.20.74-0.47-0.770.390.460.810.980.590.14-0.69-0.380.72-0.380.760.6-0.110.920.70.59
1.00.620.860.880.870.450.92-0.96-0.910.940.960.840.530.590.53-0.15-0.440.880.270.850.91-0.050.730.551.0
0.520.80.860.130.10.240.33-0.61-0.60.680.620.240.080.140.530.170.440.160.830.190.190.730.120.050.54
-0.19-0.21-0.07-0.2-0.370.24-0.310.140.350.02-0.13-0.42-0.82-0.69-0.150.170.27-0.410.64-0.31-0.210.15-0.66-0.58-0.16
-0.460.310.05-0.79-0.81-0.37-0.580.30.32-0.29-0.3-0.59-0.4-0.38-0.440.440.27-0.760.49-0.69-0.760.91-0.62-0.51-0.43
0.90.350.590.961.00.460.93-0.78-0.840.760.780.90.710.720.880.16-0.41-0.76-0.140.940.97-0.430.90.710.88
0.230.420.55-0.05-0.170.230.01-0.38-0.190.490.38-0.13-0.46-0.380.270.830.640.49-0.14-0.09-0.010.62-0.35-0.290.28
0.880.430.580.940.930.480.97-0.71-0.830.680.710.970.70.760.850.19-0.31-0.690.94-0.090.95-0.390.870.790.85
0.920.320.591.00.970.480.95-0.8-0.80.780.810.90.560.60.910.19-0.21-0.760.97-0.010.95-0.450.80.670.91
-0.070.640.45-0.5-0.5-0.17-0.25-0.09-0.070.10.09-0.29-0.14-0.11-0.050.730.150.91-0.430.62-0.39-0.45-0.32-0.32-0.04
0.760.460.520.780.870.390.87-0.59-0.810.570.580.910.920.920.730.12-0.66-0.620.9-0.350.870.8-0.320.820.73
0.60.430.360.660.680.370.77-0.39-0.560.390.390.860.720.70.550.05-0.58-0.510.71-0.290.790.67-0.320.820.56
1.00.620.870.880.860.460.92-0.96-0.920.940.960.840.540.591.00.54-0.16-0.430.880.280.850.91-0.040.730.56
Click cells to compare fundamentals

DouYu International Account Relationship Matchups

DouYu International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.1B8.9B8.2B8.1B8.1B7.0B
Other Current Liab49.1M607.6M751.8M569.6M841.6M657.8M
Total Current Liabilities1.8B1.9B1.8B1.6B1.4B1.7B
Total Stockholder Equity7.2B6.9B6.3B6.6B6.7B3.6B
Other Liab46.1M30.8M18.0M6.6M7.6M7.2M
Net Tangible Assets7.0B6.8B6.2B6.4B7.4B7.8B
Property Plant And Equipment Net38.9M99.9M97.4M66.9M36.6M67.3M
Current Deferred Revenue213.1M252.9M242.6M294.6M338.8M188.1M
Net Debt(8.1B)(5.2B)(4.4B)(4.0B)(4.4B)(4.7B)
Retained Earnings(3.3B)(2.9B)(3.4B)(3.5B)(3.5B)(3.7B)
Accounts Payable890.0M986.1M824.1M667.0M534.4M754.9M
Cash8.1B5.3B4.5B4.0B4.4B4.5B
Non Current Assets Total502.0M874.2M927.8M1.1B1.4B743.7M
Non Currrent Assets Other8.5M19.0M64.8M98.8M163.2M171.3M
Other Assets8.5M19.0M64.8M98.8M113.7M119.4M
Cash And Short Term Investments8.1B7.5B6.5B6.6B6.2B5.7B
Net Receivables212.1M208.8M228.5M155.3M142.4M167.9M
Common Stock Shares Outstanding314.4M330.1M325.4M319.7M32.0M30.4M
Liabilities And Stockholders Equity9.1B8.9B8.2B8.1B8.1B7.0B
Non Current Liabilities Total46.1M47.7M49.3M26.1M6.7M6.4M
Inventory93.2M78.1M91.4M32.1M1.00.95
Other Current Assets204.3M236.7M376.4M337.0M386.3M218.1M
Other Stockholder Equity10.2B9.8B9.8B9.8B9.8B6.8B
Total Liab1.8B1.9B1.9B1.6B1.4B2.4B
Long Term Investments225.5M600.7M591.4M781.9M1.1B1.1B
Property Plant And Equipment Gross38.9M99.9M97.4M66.9M146.4M82.4M
Total Current Assets8.6B8.0B7.2B7.1B6.7B6.2B
Accumulated Other Comprehensive Income434.9M10.9M(114.3M)322.0M415.2M436.0M
Short Term Debt642.0M36.3M30.4M27.5M24.7M23.5M
Intangible Assets198.1M141.7M161.5M106.7M120.7M122.1M
Property Plant Equipment38.9M99.9M97.4M66.9M76.9M71.2M
Net Invested Capital7.2B6.9B6.3B6.6B6.7B4.4B
Net Working Capital6.8B6.2B5.4B5.5B5.3B5.1B

Pair Trading with DouYu International

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

Moving against DouYu Stock

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The ability to find closely correlated positions to DouYu International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DouYu International 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 DouYu International - 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 DouYu International Holdings to buy it.
The correlation of DouYu International 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 DouYu International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DouYu International 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 DouYu International 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 DouYu International is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if DouYu Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Douyu International Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Douyu International Holdings Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DouYu International Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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Is DouYu International'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 DouYu International. If investors know DouYu 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 DouYu International 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
11.476
Earnings Share
0.15
Revenue Per Share
172.946
Quarterly Revenue Growth
(0.23)
Return On Assets
(0.01)
The market value of DouYu International is measured differently than its book value, which is the value of DouYu that is recorded on the company's balance sheet. Investors also form their own opinion of DouYu International's value that differs from its market value or its book value, called intrinsic value, which is DouYu International'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 DouYu International's market value can be influenced by many factors that don't directly affect DouYu International'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 DouYu International's value and its price as these two are different measures arrived at by different means. Investors typically determine if DouYu International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DouYu International'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.