Andean Price To Sales Ratio from 2010 to 2026
| APM Stock | 8.72 1.49 14.59% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 0.56 | Current Value 0.54 | Quarterly Volatility 0.95570482 |
Check Andean Precious financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Andean Precious' main balance sheet or income statement drivers, such as Depreciation And Amortization of 10.4 M, Selling General Administrative of 13.1 M or Selling And Marketing Expenses of 2 M, as well as many indicators such as Price To Sales Ratio of 0.54, Dividend Yield of 0.0 or PTB Ratio of 0.9. Andean financial statements analysis is a perfect complement when working with Andean Precious Valuation or Volatility modules.
Andean | Price To Sales Ratio |
Evaluating Andean Precious's Price To Sales Ratio across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Andean Precious Metals's fundamental strength.
Latest Andean Precious' Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Andean Precious Metals over the last few years. Price to Sales Ratio is figured by comparing Andean Precious Metals stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Andean Precious sales, a figure that is much harder to manipulate than other Andean Precious Metals 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. Andean Precious' Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Andean Precious' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 5.07 X | 10 Years Trend |
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Price To Sales Ratio |
| Timeline |
Andean Price To Sales Ratio Regression Statistics
| Arithmetic Mean | 2.00 | |
| Geometric Mean | 1.68 | |
| Coefficient Of Variation | 47.83 | |
| Mean Deviation | 0.86 | |
| Median | 2.73 | |
| Standard Deviation | 0.96 | |
| Sample Variance | 0.91 | |
| Range | 2.2343 | |
| R-Value | (0.88) | |
| Mean Square Error | 0.21 | |
| R-Squared | 0.78 | |
| Slope | (0.17) | |
| Total Sum of Squares | 14.61 |
Andean Price To Sales Ratio History
About Andean Precious Financial Statements
Andean Precious investors utilize fundamental indicators, such as Price To Sales Ratio, to predict how Andean Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 0.56 | 0.54 |
Pair Trading with Andean Precious
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 Andean Precious 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 Andean Precious will appreciate offsetting losses from the drop in the long position's value.Moving together with Andean Stock
| 0.94 | PAAS | Pan American Silver | PairCorr |
| 0.93 | DSV | Discovery Silver Corp | PairCorr |
| 0.83 | EDR | Endeavour Silver Corp | PairCorr |
| 0.89 | FVI | Fortuna Silver Mines | PairCorr |
| 0.81 | USA | Americas Silver Corp | PairCorr |
The ability to find closely correlated positions to Andean Precious could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Andean Precious 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 Andean Precious - 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 Andean Precious Metals to buy it.
The correlation of Andean Precious 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 Andean Precious moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Andean Precious Metals 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 Andean Precious 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.Other Information on Investing in Andean Stock
Andean Precious financial ratios help investors to determine whether Andean Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Andean with respect to the benefits of owning Andean Precious security.