Duolingo Cash And Short Term Investments vs Other Current Liab Analysis
| DUOL Stock | USD 176.08 1.22 0.69% |
Duolingo financial indicator trend analysis is much more than just examining Duolingo latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Duolingo is a good investment. Please check the relationship between Duolingo Cash And Short Term Investments and its Other Current Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Duolingo. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Duolingo Stock please use our How to buy in Duolingo Stock guide.
Cash And Short Term Investments vs Other Current Liab
Cash And Short 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 Duolingo Cash And Short Term Investments account and Other Current Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Duolingo's Cash And Short Term Investments and Other Current Liab is 0.96. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Duolingo, assuming nothing else is changed. The correlation between historical values of Duolingo's Cash And Short 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 Cash And Short Term Investments of Duolingo 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 Cash And Short Term Investments i.e., Duolingo's Cash And Short Term Investments and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.96 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Duolingo balance sheet. This account contains Duolingo investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Duolingo fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Other Current Liab
Most indicators from Duolingo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Duolingo 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 Duolingo. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Duolingo Stock please use our How to buy in Duolingo Stock guide.Tax Provision is expected to rise to about (560.5 K) this year. The value of Selling General Administrative is expected to slide to about 85.5 M
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 51K | 270.1M | 383.9M | 403.1M | Total Revenue | 51K | 369.5M | 531.1M | 557.7M |
Duolingo fundamental ratios Correlations
Click cells to compare fundamentals
Duolingo Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Duolingo Investors Sentiment
The influence of Duolingo's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Duolingo. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Duolingo's public news can be used to forecast risks associated with an investment in Duolingo. The trend in average sentiment can be used to explain how an investor holding Duolingo can time the market purely based on public headlines and social activities around Duolingo. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Duolingo's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Duolingo's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Duolingo's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Duolingo.
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 Duolingo 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, Duolingo's short interest history, or implied volatility extrapolated from Duolingo options trading.
Pair Trading with Duolingo
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 Duolingo 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 Duolingo will appreciate offsetting losses from the drop in the long position's value.Moving against Duolingo Stock
| 0.62 | EB | Eventbrite Class A Potential Growth | PairCorr |
| 0.47 | DT | Dynatrace Holdings LLC | PairCorr |
| 0.42 | U | Unity Software | PairCorr |
The ability to find closely correlated positions to Duolingo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Duolingo 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 Duolingo - 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 Duolingo to buy it.
The correlation of Duolingo 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 Duolingo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Duolingo 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 Duolingo 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Duolingo. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Duolingo Stock please use our How to buy in Duolingo Stock guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for Duolingo Stock analysis
When running Duolingo's price analysis, check to measure Duolingo'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 Duolingo is operating at the current time. Most of Duolingo's value examination focuses on studying past and present price action to predict the probability of Duolingo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Duolingo's price. Additionally, you may evaluate how the addition of Duolingo to your portfolios can decrease your overall portfolio volatility.
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Is Duolingo'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 Duolingo. If investors know Duolingo 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 Duolingo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.98 | Revenue Per Share 13.884 | Quarterly Revenue Growth 0.449 | Return On Assets 0.008 | Return On Equity 0.0715 |
The market value of Duolingo is measured differently than its book value, which is the value of Duolingo that is recorded on the company's balance sheet. Investors also form their own opinion of Duolingo's value that differs from its market value or its book value, called intrinsic value, which is Duolingo'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 Duolingo's market value can be influenced by many factors that don't directly affect Duolingo'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 Duolingo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Duolingo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Duolingo'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.