| AISP Stock | | | 3.12 0.52 20.00% |
Airship AI Price To Sales Ratio yearly trend continues to be relatively stable with very little volatility. Price To Sales Ratio is likely to drop to 1.80.
Check out the analysis of
Airship AI Correlation against competitors.
Latest Airship AI's Price To Sales Growth Pattern
Below is the plot of the Price To Sales Ratio of Airship AI Holdings over the last few years. Price to Sales Ratio is figured by comparing Airship AI Holdings stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Airship AI sales, a figure that is much harder to manipulate than other Airship AI Holdings multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. It is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period. Airship AI's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Airship AI's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 3.61 X | 10 Years Trend | | |
Airship Price To Sales Regression Statistics
| Arithmetic Mean | 25.79 |
| Geometric Mean | 19.71 |
| Coefficient Of Variation | 43.54 |
| Mean Deviation | 8.59 |
| Median | 31.15 |
| Standard Deviation | 11.23 |
| Sample Variance | 126.04 |
| Range | 29.3526 |
| R-Value | (0.70) |
| Mean Square Error | 69.66 |
| R-Squared | 0.49 |
| Significance | 0 |
| Slope | (1.75) |
| Total Sum of Squares | 1,765 |
Airship Price To Sales History
| 2024 | 1.8 | |
| 2023 | 1.89 | |
| 2022 | 9.28 | |
About Airship AI Financial Statements
Airship AI shareholders use historical fundamental indicators, such as Price To Sales, to determine how well the company is positioned to perform in the future. Although Airship AI investors may analyze each financial statement separately, they are all interrelated. The changes in Airship AI's assets and liabilities, for example, are also reflected in the revenues and expenses on on Airship AI's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our
fundamental analysis page.
Pair Trading with Airship AI
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 Airship AI 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 Airship AI will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Airship AI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Airship AI 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 Airship AI - 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 Airship AI Holdings to buy it.
The correlation of Airship AI 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 Airship AI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Airship AI 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 Airship AI 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 Airship Stock Analysis
When running Airship AI's price analysis, check to
measure Airship AI'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 Airship AI is operating at the current time. Most of Airship AI's value examination focuses on studying past and present price action to
predict the probability of Airship AI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Airship AI's price. Additionally, you may evaluate how the addition of Airship AI to your portfolios can decrease your overall portfolio volatility.