Gaotu Other Liab from 2010 to 2024
| GOTU Stock | USD 5.19 0.03 0.57% |
Other Liabilities | First Reported 2010-12-31 | Previous Quarter 146 M | Current Value 153.3 M | Quarterly Volatility 63.3 M |
Check Gaotu Techedu financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gaotu Techedu's main balance sheet or income statement drivers, such as Net Interest Income of 68.1 M, Interest Income of 68.1 M or Depreciation And Amortization of 35.9 M, as well as many indicators such as Price To Sales Ratio of 2.15, Dividend Yield of 0.0 or PTB Ratio of 2.26. Gaotu financial statements analysis is a perfect complement when working with Gaotu Techedu Valuation or Volatility modules.
Gaotu | Other Liab |
Latest Gaotu Techedu's Other Liab Growth Pattern
Below is the plot of the Other Liab of Gaotu Techedu DRC over the last few years. It is Gaotu Techedu's Other Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Gaotu Techedu's overall financial position and show how it may be relating to other accounts over time.
| Other Liab | 10 Years Trend |
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Other Liab |
| Timeline |
Gaotu Other Liab Regression Statistics
| Arithmetic Mean | 44,422,803 | |
| Geometric Mean | 4,461,210 | |
| Coefficient Of Variation | 142.43 | |
| Mean Deviation | 56,781,737 | |
| Median | 487,000 | |
| Standard Deviation | 63,269,915 | |
| Sample Variance | 4003.1T | |
| Range | 152.8M | |
| R-Value | 0.85 | |
| Mean Square Error | 1204.5T | |
| R-Squared | 0.72 | |
| Significance | 0.000063 | |
| Slope | 12,009,584 | |
| Total Sum of Squares | 56043.1T |
Gaotu Other Liab History
About Gaotu Techedu Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Gaotu Techedu income statement, its balance sheet, and the statement of cash flows. Gaotu Techedu investors use historical funamental indicators, such as Gaotu Techedu's Other Liab, to determine how well the company is positioned to perform in the future. Although Gaotu Techedu investors may use each financial statement separately, they are all related. The changes in Gaotu Techedu's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Gaotu Techedu's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Gaotu Techedu Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Gaotu Techedu. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Other Liabilities | 146 M | 153.3 M |
Pair Trading with Gaotu Techedu
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 Gaotu Techedu 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 Gaotu Techedu will appreciate offsetting losses from the drop in the long position's value.Moving against Gaotu Stock
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The ability to find closely correlated positions to Gaotu Techedu could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gaotu Techedu 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 Gaotu Techedu - 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 Gaotu Techedu DRC to buy it.
The correlation of Gaotu Techedu 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 Gaotu Techedu moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gaotu Techedu DRC 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 Gaotu Techedu 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 Gaotu Stock Analysis
When running Gaotu Techedu's price analysis, check to measure Gaotu Techedu'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 Gaotu Techedu is operating at the current time. Most of Gaotu Techedu's value examination focuses on studying past and present price action to predict the probability of Gaotu Techedu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gaotu Techedu's price. Additionally, you may evaluate how the addition of Gaotu Techedu to your portfolios can decrease your overall portfolio volatility.