TuSimple Financial Statements From 2010 to 2024
| TSPDelisted Stock | USD 2.10 0.17 7.49% |
Check TuSimple Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TuSimple Holdings' main balance sheet or income statement drivers, such as , as well as many indicators such as . TuSimple financial statements analysis is a perfect complement when working with TuSimple Holdings Valuation or Volatility modules.
TuSimple |
TuSimple Holdings Company Return On Equity Analysis
TuSimple Holdings' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current TuSimple Holdings Return On Equity | -0.39 |
Most of TuSimple Holdings' fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, TuSimple Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
CompetitionBased on the latest financial disclosure, TuSimple Holdings has a Return On Equity of -0.3903. This is 188.7% lower than that of the Ground Transportation sector and 108.39% lower than that of the Industrials industry. The return on equity for all United States stocks is 25.9% higher than that of the company.
TuSimple Holdings Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining TuSimple Holdings's current stock value. Our valuation model uses many indicators to compare TuSimple Holdings value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across TuSimple Holdings competition to find correlations between indicators driving TuSimple Holdings's intrinsic value. More Info.TuSimple Holdings is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value TuSimple Holdings by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About TuSimple Holdings Financial Statements
TuSimple Holdings shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although TuSimple Holdings investors may analyze each financial statement separately, they are all interrelated. The changes in TuSimple Holdings' assets and liabilities, for example, are also reflected in the revenues and expenses on on TuSimple Holdings' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
TuSimple Holdings Inc., an autonomous technology company, develops autonomous technology specifically designed for semi-trucks in the United States and internationally. The company was founded in 2015 and is headquartered in San Diego, California. TuSimple Holdings operates under Trucking classification in the United States and is traded on NASDAQ Exchange. It employs 1430 people.
Pair Trading with TuSimple Holdings
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 TuSimple Holdings 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 TuSimple Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with TuSimple Stock
| 0.62 | PYPL | PayPal Holdings | PairCorr |
| 0.73 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
Moving against TuSimple Stock
| 0.79 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.76 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.57 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
| 0.55 | MMM | 3M Company Sell-off Trend | PairCorr |
| 0.46 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
The ability to find closely correlated positions to TuSimple Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TuSimple Holdings 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 TuSimple Holdings - 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 TuSimple Holdings to buy it.
The correlation of TuSimple Holdings 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 TuSimple Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TuSimple Holdings 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 TuSimple Holdings 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 World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Other Consideration for investing in TuSimple Stock
If you are still planning to invest in TuSimple Holdings check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the TuSimple Holdings' history and understand the potential risks before investing.
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