Breaking down the latest TuanChe ADR volatility

TC Stock

USD 0.56 0.02 3.70%

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46% of stocks are less risky than TuanChe on the basis of their historical return distribution, and some 99% of all equities are expected to be superior in generating returns on investments over the next 90 days. As many adventurous traders are excited about communication services space, it is only fair to digest the risk of shorting TuanChe ADR based on its current volatility spike. We will discuss why it could be a different year for TuanChe ADR shareholders.

Published over a week ago

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Reviewed by Ellen Johnson

The entity reports 15.88 M of total liabilities with total debt to equity ratio (D/E) of 0.11, which may suggest TuanChe ADR is not taking enough advantage from financial leverage. The firm has a current ratio of 1.18, indicating that it may have difficulties to pay its debt commitments in time. Debt can assist TuanChe ADR until it has trouble settling it off, either with new capital or with free cash flow. So, TuanChe ADR's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like TuanChe ADR sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TuanChe to invest in growth at high rates of return. When we think about TuanChe ADR's use of debt, we should always consider it together with cash and equity.

The entity has a beta of -0.0108, which indicates not very significant fluctuations relative to the market. Let's try to break down what TuanChe's beta means in this case. As returns on the market increase, returns on owning TuanChe ADR are expected to decrease at a much lower rate. During the bear market, TuanChe ADR is likely to outperform the market. Even though it is essential to pay attention to TuanChe ADR current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. TuanChe ADR exposes twenty-one different technical indicators, which can help you to evaluate its performance. TuanChe ADR has an expected return of -0.5%. Please be advised to validate TuanChe ADR variance, as well as the relationship between the value at risk and skewness to decide if TuanChe ADR performance from the past will be repeated at some point in the near future.

Breaking down the latest TuanChe ADR volatility

Volatility is a rate at which the price of TuanChe ADR or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of TuanChe ADR may increase or decrease. In other words, similar to TuanChe's beta indicator, it measures the risk of TuanChe ADR and helps estimate the fluctuations that may happen in a short period of time. So if prices of TuanChe ADR fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.

Please read more on our technical analysis page.

Watch out for price decline

Please consider monitoring TuanChe ADR on a daily basis if you are holding a position in it. TuanChe ADR is trading at a penny-stock level, and the possibility of delisting is much higher compared to other stocks. However, just because the stock is trading under one dollar, does not mean it will be marked for deletion. Most exchanges require public instruments, such as TuanChe ADR stock to be traded above the $1 level to remain listed. If TuanChe ADR stock price falls below $1 for 30 consecutive trading days, the exchange can delist it. Once the company reaches this point, they will be sent an initial price violation notice directly from an exchange.

How important is TuanChe ADR's Liquidity

TuanChe ADR financial leverage refers to using borrowed capital as a funding source to finance TuanChe ADR ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. TuanChe ADR financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between TuanChe ADR's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.

It is good to see analyst projects for TuanChe ADR, but it might be worth checking our own buy vs. sell analysis

TuanChe ADR Volatility Drivers

TuanChe ADR unsystematic risk is unique to TuanChe ADR and usually not directly affected by the market or economic environment. An example of unsystematic risk is the possibility of poor earnings or a layoff due to coronavirus. One may mitigate nonsystematic risk by buying different securities in the same industry or by buying in different sectors. For example, if you have a position in TuanChe ADR you can also buy FaZe Holdings. You can also mitigate this risk by investing in the internet content & information sector as well as in companies having nothing to do with it. This type of risk is also called diversifiable risk and can be understood from analyzing TuanChe ADR important indicators over time. Here we run a correlation analysis between relevant fundamental ratios over at least ten year period to find a relationship in the way they react to changes in TuanChe ADR income statement and balance sheet. Here are more details about TuanChe volatility.

	Total Assets	Current Assets	Cash and Equivalents	Total Debt	Debt Current	Deferred Revenue	Deposit Liabilities	Shareholders Equity	Investments Current	Total Liabilities	Current Liabilities	Tax Liabilities	Consolidated Income	Cost of Revenue	Gross Profit	Interest Expense	Net Income	Net Income Common Stock	Operating Expenses	Operating Income	Weighted Average Shares	Income Tax Expense	Capital Expenditure	Share Based Compensation	Asset Turnover	Book Value per Share	Current Ratio	Debt to Equity Ratio	EBITDA Margin	Earnings per Basic Share	Free Cash Flow per Share	Gross Margin	Profit Margin	Price to Book Value	Price to Earnings Ratio	Price to Sales Ratio	Return on Average Assets	Return on Average Equity	Return on Sales	Sales per Share	Average Assets	Earnings before Tax	Average Equity	Enterprise Value	Free Cash Flow	Invested Capital	Invested Capital Average	Market Capitalization	Tangible Asset Value	Working Capital
Total Assets		0.96	0.87	-0.69	-0.75	-0.31	0.74	0.98	-0.31	0.54	0.55	0.76	-0.49	0.94	0.96	0.89	-0.7	-0.48	0.93	-0.52	0.69	0.26	-0.79	0.76	-0.88	0.98	0.92	0.76	0.8	0.65	0.47	-0.79	0.88	-0.66	0.66	-0.63	0.93	-0.99	0.8	0.55	0.92	-0.7	0.89	-0.65	-0.7	0.75	0.73	-0.64	0.97	0.91
Current Assets	0.96		0.95	-0.59	-0.66	-0.16	0.56	0.93	-0.16	0.36	0.37	0.61	-0.49	0.95	0.95	0.76	-0.71	-0.54	0.91	-0.49	0.5	0.1	-0.92	0.87	-0.73	0.94	0.99	0.57	0.76	0.43	0.22	-0.7	0.8	-0.46	0.47	-0.43	0.8	-0.94	0.77	0.7	0.82	-0.71	0.77	-0.45	-0.68	0.79	0.7	-0.44	1.0	0.98
Cash and Equivalents	0.87	0.95		-0.46	-0.52	0.0	0.48	0.83	0.0	0.19	0.2	0.43	-0.28	0.85	0.84	0.61	-0.53	-0.38	0.74	-0.26	0.26	0.0	-0.96	0.8	-0.55	0.87	0.97	0.38	0.71	0.25	0.06	-0.55	0.71	-0.21	0.22	-0.18	0.66	-0.88	0.73	0.84	0.63	-0.53	0.56	-0.19	-0.45	0.62	0.48	-0.19	0.94	0.97
Total Debt	-0.69	-0.59	-0.46		1.0	0.37	-0.49	-0.8	0.37	-0.22	-0.2	-0.4	0.37	-0.48	-0.58	-0.56	0.45	0.28	-0.62	0.47	-0.69	-0.32	0.42	-0.46	0.77	-0.78	-0.56	-0.74	-0.31	-0.63	-0.6	0.3	-0.4	0.67	-0.67	0.66	-0.78	0.73	-0.28	0.05	-0.76	0.45	-0.76	0.67	0.54	-0.55	-0.58	0.67	-0.6	-0.57
Debt Current	-0.75	-0.66	-0.52	1.0		0.36	-0.54	-0.85	0.36	-0.27	-0.25	-0.47	0.42	-0.55	-0.64	-0.62	0.51	0.34	-0.68	0.51	-0.71	-0.31	0.48	-0.52	0.82	-0.83	-0.62	-0.77	-0.37	-0.65	-0.61	0.37	-0.47	0.7	-0.7	0.68	-0.82	0.78	-0.34	-0.02	-0.81	0.51	-0.81	0.7	0.59	-0.6	-0.64	0.69	-0.66	-0.63
Deferred Revenue	-0.31	-0.16	0.0	0.37	0.36		-0.5	-0.31	1.0	-0.59	-0.6	-0.49	-0.09	-0.26	-0.34	-0.53	-0.04	-0.23	-0.33	0.0	-0.6	-0.85	-0.12	0.09	0.49	-0.31	-0.12	-0.68	-0.38	-0.65	-0.54	0.59	-0.4	0.53	-0.49	0.62	-0.48	0.3	-0.34	0.15	-0.44	-0.04	-0.43	0.57	0.16	-0.04	-0.15	0.58	-0.16	-0.02
Deposit Liabilities	0.74	0.56	0.48	-0.49	-0.54	-0.5		0.71	-0.5	0.86	0.85	0.89	-0.14	0.6	0.63	0.88	-0.32	-0.04	0.59	-0.21	0.77	0.46	-0.24	0.15	-0.85	0.72	0.48	0.86	0.74	0.88	0.84	-0.8	0.82	-0.73	0.72	-0.72	0.85	-0.76	0.71	0.21	0.73	-0.33	0.75	-0.74	-0.33	0.22	0.36	-0.75	0.57	0.44
Shareholders Equity	0.98	0.93	0.83	-0.8	-0.85	-0.31	0.71		-0.31	0.48	0.48	0.71	-0.5	0.89	0.93	0.86	-0.69	-0.47	0.91	-0.55	0.73	0.27	-0.76	0.75	-0.91	0.99	0.9	0.79	0.74	0.68	0.52	-0.71	0.82	-0.69	0.7	-0.67	0.95	-0.98	0.73	0.45	0.93	-0.69	0.91	-0.68	-0.71	0.75	0.75	-0.68	0.94	0.89
Investments Current	-0.31	-0.16	0.0	0.37	0.36	1.0	-0.5	-0.31		-0.59	-0.6	-0.49	-0.09	-0.26	-0.34	-0.53	-0.04	-0.23	-0.33	0.0	-0.6	-0.84	-0.12	0.09	0.49	-0.31	-0.12	-0.67	-0.38	-0.64	-0.53	0.59	-0.4	0.53	-0.49	0.62	-0.48	0.3	-0.34	0.15	-0.44	-0.04	-0.43	0.57	0.16	-0.04	-0.15	0.58	-0.16	-0.02
Total Liabilities	0.54	0.36	0.19	-0.22	-0.27	-0.59	0.86	0.48	-0.59		1.0	0.95	-0.3	0.53	0.53	0.83	-0.4	-0.17	0.56	-0.36	0.81	0.51	0.0	0.07	-0.74	0.44	0.24	0.79	0.63	0.83	0.76	-0.88	0.75	-0.79	0.78	-0.78	0.69	-0.5	0.6	0.01	0.67	-0.4	0.69	-0.8	-0.44	0.23	0.44	-0.8	0.37	0.2
Current Liabilities	0.55	0.37	0.2	-0.2	-0.25	-0.6	0.85	0.48	-0.6	1.0		0.95	-0.31	0.55	0.54	0.84	-0.41	-0.18	0.57	-0.36	0.8	0.51	-0.02	0.09	-0.74	0.44	0.26	0.78	0.64	0.82	0.74	-0.89	0.76	-0.78	0.77	-0.77	0.68	-0.5	0.61	0.03	0.67	-0.41	0.69	-0.79	-0.45	0.24	0.45	-0.79	0.38	0.21
Tax Liabilities	0.76	0.61	0.43	-0.4	-0.47	-0.49	0.89	0.71	-0.49	0.95	0.95		-0.49	0.74	0.74	0.94	-0.62	-0.39	0.77	-0.54	0.87	0.43	-0.28	0.36	-0.88	0.66	0.5	0.85	0.74	0.85	0.74	-0.93	0.87	-0.86	0.86	-0.83	0.85	-0.71	0.71	0.17	0.85	-0.62	0.86	-0.86	-0.65	0.49	0.66	-0.86	0.62	0.47
Consolidated Income	-0.49	-0.49	-0.28	0.37	0.42	-0.09	-0.14	-0.5	-0.09	-0.3	-0.31	-0.49		-0.56	-0.52	-0.43	0.96	0.98	-0.7	0.99	-0.53	0.1	0.39	-0.71	0.51	-0.37	-0.41	-0.33	-0.13	-0.23	-0.17	0.37	-0.31	0.6	-0.63	0.5	-0.44	0.37	-0.13	0.03	-0.66	0.96	-0.67	0.55	0.91	-0.86	-0.93	0.53	-0.51	-0.48
Cost of Revenue	0.94	0.95	0.85	-0.48	-0.55	-0.26	0.6	0.89	-0.26	0.53	0.55	0.74	-0.56		0.99	0.86	-0.76	-0.58	0.96	-0.56	0.6	0.19	-0.83	0.84	-0.77	0.87	0.92	0.64	0.84	0.52	0.27	-0.84	0.89	-0.57	0.58	-0.55	0.82	-0.89	0.85	0.65	0.86	-0.76	0.82	-0.56	-0.78	0.82	0.78	-0.55	0.96	0.9
Gross Profit	0.96	0.95	0.84	-0.58	-0.64	-0.34	0.63	0.93	-0.34	0.53	0.54	0.74	-0.52	0.99		0.88	-0.73	-0.52	0.97	-0.54	0.66	0.28	-0.81	0.82	-0.82	0.91	0.92	0.71	0.85	0.59	0.35	-0.83	0.9	-0.62	0.62	-0.62	0.88	-0.93	0.85	0.59	0.9	-0.73	0.86	-0.61	-0.77	0.81	0.77	-0.61	0.96	0.9
Interest Expense	0.89	0.76	0.61	-0.56	-0.62	-0.53	0.88	0.86	-0.53	0.83	0.84	0.94	-0.43	0.86	0.88		-0.61	-0.34	0.87	-0.48	0.88	0.5	-0.48	0.5	-0.94	0.83	0.69	0.91	0.87	0.87	0.7	-0.93	0.95	-0.83	0.82	-0.84	0.95	-0.87	0.85	0.32	0.92	-0.61	0.92	-0.83	-0.68	0.59	0.69	-0.83	0.77	0.66
Net Income	-0.7	-0.71	-0.53	0.45	0.51	-0.04	-0.32	-0.69	-0.04	-0.4	-0.41	-0.62	0.96	-0.76	-0.73	-0.61		0.95	-0.85	0.95	-0.59	0.05	0.59	-0.83	0.65	-0.59	-0.63	-0.45	-0.37	-0.34	-0.22	0.55	-0.53	0.64	-0.67	0.55	-0.61	0.6	-0.38	-0.21	-0.79	1.0	-0.78	0.6	0.94	-0.93	-0.96	0.58	-0.72	-0.69
Net Income Common Stock	-0.48	-0.54	-0.38	0.28	0.34	-0.23	-0.04	-0.47	-0.23	-0.17	-0.18	-0.39	0.98	-0.58	-0.52	-0.34	0.95		-0.68	0.94	-0.37	0.22	0.51	-0.79	0.41	-0.36	-0.47	-0.18	-0.11	-0.07	0.01	0.31	-0.27	0.44	-0.48	0.33	-0.35	0.36	-0.12	-0.12	-0.58	0.95	-0.57	0.39	0.86	-0.87	-0.88	0.37	-0.55	-0.55
Operating Expenses	0.93	0.91	0.74	-0.62	-0.68	-0.33	0.59	0.91	-0.33	0.56	0.57	0.77	-0.7	0.96	0.97	0.87	-0.85	-0.68		-0.73	0.75	0.26	-0.73	0.84	-0.86	0.86	0.85	0.73	0.74	0.61	0.39	-0.81	0.83	-0.73	0.74	-0.7	0.87	-0.87	0.73	0.42	0.95	-0.85	0.92	-0.71	-0.9	0.9	0.9	-0.7	0.92	0.85
Operating Income	-0.52	-0.49	-0.26	0.47	0.51	0.0	-0.21	-0.55	0.0	-0.36	-0.36	-0.54	0.99	-0.56	-0.54	-0.48	0.95	0.94	-0.73		-0.62	0.02	0.35	-0.68	0.59	-0.42	-0.4	-0.44	-0.15	-0.34	-0.28	0.4	-0.34	0.69	-0.72	0.6	-0.51	0.41	-0.14	0.1	-0.72	0.95	-0.73	0.65	0.93	-0.86	-0.95	0.63	-0.51	-0.47
Weighted Average Shares	0.69	0.5	0.26	-0.69	-0.71	-0.6	0.77	0.73	-0.6	0.81	0.8	0.87	-0.53	0.6	0.66	0.88	-0.59	-0.37	0.75	-0.62		0.56	-0.16	0.32	-0.94	0.65	0.39	0.95	0.57	0.94	0.86	-0.74	0.71	-0.99	0.98	-0.99	0.88	-0.67	0.53	-0.16	0.89	-0.6	0.93	-0.99	-0.72	0.54	0.73	-0.99	0.51	0.38
Income Tax Expense	0.26	0.1	0.0	-0.32	-0.31	-0.85	0.46	0.27	-0.84	0.51	0.51	0.43	0.1	0.19	0.28	0.5	0.05	0.22	0.26	0.02	0.56		0.1	-0.08	-0.44	0.26	0.07	0.57	0.34	0.56	0.48	-0.49	0.36	-0.47	0.42	-0.56	0.41	-0.25	0.31	-0.17	0.37	0.05	0.38	-0.49	-0.12	0.03	0.13	-0.5	0.11	0.02
Capital Expenditure	-0.79	-0.92	-0.96	0.42	0.48	-0.12	-0.24	-0.76	-0.12	0.0	-0.02	-0.28	0.39	-0.83	-0.81	-0.48	0.59	0.51	-0.73	0.35	-0.16	0.1		-0.91	0.43	-0.78	-0.96	-0.23	-0.6	-0.08	0.14	0.42	-0.58	0.12	-0.13	0.09	-0.54	0.77	-0.63	-0.82	-0.57	0.59	-0.49	0.1	0.53	-0.74	-0.55	0.08	-0.91	-0.97
Share Based Compensation	0.76	0.87	0.8	-0.46	-0.52	0.09	0.15	0.75	0.09	0.07	0.09	0.36	-0.71	0.84	0.82	0.5	-0.83	-0.79	0.84	-0.68	0.32	-0.08	-0.91		-0.5	0.71	0.87	0.29	0.49	0.12	-0.1	-0.45	0.54	-0.31	0.34	-0.27	0.55	-0.69	0.51	0.58	0.68	-0.83	0.63	-0.28	-0.8	0.94	0.81	-0.27	0.87	0.91
Asset Turnover	-0.88	-0.73	-0.55	0.77	0.82	0.49	-0.85	-0.91	0.49	-0.74	-0.74	-0.88	0.51	-0.77	-0.82	-0.94	0.65	0.41	-0.86	0.59	-0.94	-0.44	0.43	-0.5		-0.86	-0.65	-0.96	-0.71	-0.9	-0.8	0.79	-0.83	0.92	-0.92	0.91	-0.99	0.87	-0.68	-0.13	-0.97	0.66	-0.98	0.92	0.73	-0.63	-0.75	0.92	-0.74	-0.64
Book Value per Share	0.98	0.94	0.87	-0.78	-0.83	-0.31	0.72	0.99	-0.31	0.44	0.44	0.66	-0.37	0.87	0.91	0.83	-0.59	-0.36	0.86	-0.42	0.65	0.26	-0.78	0.71	-0.86		0.92	0.76	0.77	0.65	0.49	-0.68	0.82	-0.6	0.61	-0.59	0.93	-1.0	0.76	0.53	0.88	-0.59	0.84	-0.6	-0.61	0.67	0.64	-0.6	0.94	0.9
Current Ratio	0.92	0.99	0.97	-0.56	-0.62	-0.12	0.48	0.9	-0.12	0.24	0.26	0.5	-0.41	0.92	0.92	0.69	-0.63	-0.47	0.85	-0.4	0.39	0.07	-0.96	0.87	-0.65	0.92		0.49	0.74	0.34	0.12	-0.62	0.75	-0.34	0.35	-0.32	0.74	-0.91	0.75	0.76	0.74	-0.63	0.68	-0.33	-0.6	0.75	0.62	-0.33	0.99	0.99
Debt to Equity Ratio	0.76	0.57	0.38	-0.74	-0.77	-0.68	0.86	0.79	-0.67	0.79	0.78	0.85	-0.33	0.64	0.71	0.91	-0.45	-0.18	0.73	-0.44	0.95	0.57	-0.23	0.29	-0.96	0.76	0.49		0.68	0.97	0.88	-0.77	0.78	-0.92	0.91	-0.94	0.94	-0.77	0.64	-0.01	0.88	-0.46	0.9	-0.94	-0.59	0.45	0.6	-0.94	0.58	0.45
EBITDA Margin	0.8	0.76	0.71	-0.31	-0.37	-0.38	0.74	0.74	-0.38	0.63	0.64	0.74	-0.13	0.84	0.85	0.87	-0.37	-0.11	0.74	-0.15	0.57	0.34	-0.6	0.49	-0.71	0.77	0.74	0.68		0.66	0.42	-0.86	0.97	-0.49	0.48	-0.54	0.79	-0.82	1.0	0.64	0.69	-0.37	0.66	-0.51	-0.45	0.45	0.43	-0.51	0.75	0.68
Earnings per Basic Share	0.65	0.43	0.25	-0.63	-0.65	-0.65	0.88	0.68	-0.64	0.83	0.82	0.85	-0.23	0.52	0.59	0.87	-0.34	-0.07	0.61	-0.34	0.94	0.56	-0.08	0.12	-0.9	0.65	0.34	0.97	0.66		0.94	-0.74	0.75	-0.91	0.89	-0.93	0.88	-0.67	0.62	-0.09	0.79	-0.34	0.83	-0.93	-0.49	0.31	0.49	-0.93	0.44	0.3
Free Cash Flow per Share	0.47	0.22	0.06	-0.6	-0.61	-0.54	0.84	0.52	-0.53	0.76	0.74	0.74	-0.17	0.27	0.35	0.7	-0.22	0.01	0.39	-0.28	0.86	0.48	0.14	-0.1	-0.8	0.49	0.12	0.88	0.42	0.94		-0.53	0.54	-0.86	0.84	-0.86	0.74	-0.51	0.37	-0.31	0.64	-0.23	0.7	-0.87	-0.32	0.11	0.34	-0.88	0.24	0.1
Gross Margin	-0.79	-0.7	-0.55	0.3	0.37	0.59	-0.8	-0.71	0.59	-0.88	-0.89	-0.93	0.37	-0.84	-0.83	-0.93	0.55	0.31	-0.81	0.4	-0.74	-0.49	0.42	-0.45	0.79	-0.68	-0.62	-0.77	-0.86	-0.74	-0.53		-0.93	0.7	-0.69	0.71	-0.8	0.73	-0.84	-0.4	-0.8	0.55	-0.78	0.7	0.6	-0.51	-0.59	0.71	-0.7	-0.57
Profit Margin	0.88	0.8	0.71	-0.4	-0.47	-0.4	0.82	0.82	-0.4	0.75	0.76	0.87	-0.31	0.89	0.9	0.95	-0.53	-0.27	0.83	-0.34	0.71	0.36	-0.58	0.54	-0.83	0.82	0.75	0.78	0.97	0.75	0.54	-0.93		-0.65	0.65	-0.67	0.88	-0.86	0.96	0.54	0.81	-0.53	0.8	-0.66	-0.59	0.55	0.58	-0.66	0.8	0.71
Price to Book Value	-0.66	-0.46	-0.21	0.67	0.7	0.53	-0.73	-0.69	0.53	-0.79	-0.78	-0.86	0.6	-0.57	-0.62	-0.83	0.64	0.44	-0.73	0.69	-0.99	-0.47	0.12	-0.31	0.92	-0.6	-0.34	-0.92	-0.49	-0.91	-0.86	0.7	-0.65		-1.0	0.98	-0.85	0.62	-0.45	0.22	-0.88	0.64	-0.92	1.0	0.74	-0.56	-0.76	1.0	-0.48	-0.34
Price to Earnings Ratio	0.66	0.47	0.22	-0.67	-0.7	-0.49	0.72	0.7	-0.49	0.78	0.77	0.86	-0.63	0.58	0.62	0.82	-0.67	-0.48	0.74	-0.72	0.98	0.42	-0.13	0.34	-0.92	0.61	0.35	0.91	0.48	0.89	0.84	-0.69	0.65	-1.0		-0.98	0.84	-0.62	0.44	-0.21	0.88	-0.67	0.93	-0.99	-0.77	0.58	0.78	-0.99	0.49	0.36
Price to Sales Ratio	-0.63	-0.43	-0.18	0.66	0.68	0.62	-0.72	-0.67	0.62	-0.78	-0.77	-0.83	0.5	-0.55	-0.62	-0.84	0.55	0.33	-0.7	0.6	-0.99	-0.56	0.09	-0.27	0.91	-0.59	-0.32	-0.94	-0.54	-0.93	-0.86	0.71	-0.67	0.98	-0.98		-0.84	0.6	-0.5	0.22	-0.85	0.55	-0.89	0.99	0.71	-0.52	-0.71	0.99	-0.44	-0.31
Return on Average Assets	0.93	0.8	0.66	-0.78	-0.82	-0.48	0.85	0.95	-0.48	0.69	0.68	0.85	-0.44	0.82	0.88	0.95	-0.61	-0.35	0.87	-0.51	0.88	0.41	-0.54	0.55	-0.99	0.93	0.74	0.94	0.79	0.88	0.74	-0.8	0.88	-0.85	0.84	-0.84		-0.93	0.76	0.26	0.96	-0.61	0.96	-0.85	-0.69	0.63	0.71	-0.85	0.81	0.72
Return on Average Equity	-0.99	-0.94	-0.88	0.73	0.78	0.3	-0.76	-0.98	0.3	-0.5	-0.5	-0.71	0.37	-0.89	-0.93	-0.87	0.6	0.36	-0.87	0.41	-0.67	-0.25	0.77	-0.69	0.87	-1.0	-0.91	-0.77	-0.82	-0.67	-0.51	0.73	-0.86	0.62	-0.62	0.6	-0.93		-0.81	-0.55	-0.88	0.6	-0.85	0.61	0.61	-0.66	-0.64	0.61	-0.94	-0.9
Return on Sales	0.8	0.77	0.73	-0.28	-0.34	-0.34	0.71	0.73	-0.34	0.6	0.61	0.71	-0.13	0.85	0.85	0.85	-0.38	-0.12	0.73	-0.14	0.53	0.31	-0.63	0.51	-0.68	0.76	0.75	0.64	1.0	0.62	0.37	-0.84	0.96	-0.45	0.44	-0.5	0.76	-0.81		0.68	0.67	-0.37	0.64	-0.47	-0.45	0.46	0.42	-0.47	0.76	0.7
Sales per Share	0.55	0.7	0.84	0.05	-0.02	0.15	0.21	0.45	0.15	0.01	0.03	0.17	0.03	0.65	0.59	0.32	-0.21	-0.12	0.42	0.1	-0.16	-0.17	-0.82	0.58	-0.13	0.53	0.76	-0.01	0.64	-0.09	-0.31	-0.4	0.54	0.22	-0.21	0.22	0.26	-0.55	0.68		0.21	-0.21	0.13	0.22	-0.11	0.32	0.11	0.23	0.69	0.73
Average Assets	0.92	0.82	0.63	-0.76	-0.81	-0.44	0.73	0.93	-0.44	0.67	0.67	0.85	-0.66	0.86	0.9	0.92	-0.79	-0.58	0.95	-0.72	0.89	0.37	-0.57	0.68	-0.97	0.88	0.74	0.88	0.69	0.79	0.64	-0.8	0.81