Tuniu Ev To Sales from 2010 to 2024
| TOUR Stock | USD 0.93 0.05 5.09% |
EV To Sales | First Reported 2010-12-31 | Previous Quarter 0.97328434 | Current Value 0.92 | Quarterly Volatility 2.45178589 |
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 40.6 M, Interest Expense of 7 M or Selling General Administrative of 107.6 M, as well as many indicators such as Price To Sales Ratio of 1.27, Dividend Yield of 1.58 or PTB Ratio of 0.54. Tuniu financial statements analysis is a perfect complement when working with Tuniu Corp Valuation or Volatility modules.
Tuniu | Ev To Sales |
Latest Tuniu Corp's Ev To Sales Growth Pattern
Below is the plot of the Ev To Sales of Tuniu Corp over the last few years. It is the Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue. Tuniu Corp's EV To Sales 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.
| Ev To Sales | 10 Years Trend |
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Ev To Sales |
| Timeline |
Tuniu Ev To Sales Regression Statistics
| Arithmetic Mean | 2.80 | |
| Geometric Mean | 2.03 | |
| Coefficient Of Variation | 87.62 | |
| Mean Deviation | 1.87 | |
| Median | 1.75 | |
| Standard Deviation | 2.45 | |
| Sample Variance | 6.01 | |
| Range | 7.0255 | |
| R-Value | (0.43) | |
| Mean Square Error | 5.26 | |
| R-Squared | 0.19 | |
| Significance | 0.11 | |
| Slope | (0.24) | |
| Total Sum of Squares | 84.16 |
Tuniu Ev To Sales History
About Tuniu Corp Financial Statements
Tuniu Corp shareholders use historical fundamental indicators, such as Ev To Sales, 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 | ||
| EV To Sales | 0.97 | 0.92 |
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
| 0.6 | CCL | Carnival | PairCorr |
| 0.6 | CUK | Carnival Plc ADS | PairCorr |
| 0.59 | WH | Wyndham Hotels Resorts | PairCorr |
| 0.56 | EAT | Brinker International | PairCorr |
| 0.54 | EVRI | Everi Holdings | PairCorr |
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.