Cutera Price To Sales Ratio from 2010 to 2024

CUTR Stock  USD 0.33  0.01  3.13%   
Cutera Price To Sales Ratio yearly trend continues to be relatively stable with very little volatility. Price To Sales Ratio is likely to drop to 0.31. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing Cutera's market cap by its total sales or revenue over a 12-month period. View All Fundamentals
 
Price To Sales Ratio  
First Reported
2010-12-31
Previous Quarter
0.3305287
Current Value
0.31
Quarterly Volatility
1.04141742
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cutera financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cutera's main balance sheet or income statement drivers, such as Interest Expense of 14.7 M, Selling General Administrative of 66.5 M or Selling And Marketing Expenses of 118.7 M, as well as many indicators such as Price To Sales Ratio of 0.31, Dividend Yield of 0.0 or Days Sales Outstanding of 89.2. Cutera financial statements analysis is a perfect complement when working with Cutera Valuation or Volatility modules.
  
Check out the analysis of Cutera Correlation against competitors.

Latest Cutera's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Cutera Inc over the last few years. Price to Sales Ratio is figured by comparing Cutera Inc stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Cutera sales, a figure that is much harder to manipulate than other Cutera Inc 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. Cutera's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cutera's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.04 X10 Years Trend
Very volatile
   Price To Sales Ratio   
       Timeline  

Cutera Price To Sales Ratio Regression Statistics

Arithmetic Mean2.06
Geometric Mean1.70
Coefficient Of Variation50.62
Mean Deviation0.78
Median1.94
Standard Deviation1.04
Sample Variance1.08
Range3.8429
R-Value(0)
Mean Square Error1.17
R-Squared0.000015
Significance0.99
Slope(0.0009)
Total Sum of Squares15.18

Cutera Price To Sales Ratio History

2024 0.31
2023 0.33
2022 3.28
2021 3.2
2020 2.72
2019 2.78
2018 1.44

About Cutera Financial Statements

Cutera shareholders use historical fundamental indicators, such as Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Cutera investors may analyze each financial statement separately, they are all interrelated. The changes in Cutera's assets and liabilities, for example, are also reflected in the revenues and expenses on on Cutera's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Price To Sales Ratio 0.33  0.31 

Pair Trading with Cutera

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 Cutera 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 Cutera will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cutera Stock

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Moving against Cutera Stock

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The ability to find closely correlated positions to Cutera could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cutera 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 Cutera - 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 Cutera Inc to buy it.
The correlation of Cutera 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 Cutera moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cutera Inc 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 Cutera 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.
Pair CorrelationCorrelation Matching

Additional Tools for Cutera Stock Analysis

When running Cutera's price analysis, check to measure Cutera'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 Cutera is operating at the current time. Most of Cutera's value examination focuses on studying past and present price action to predict the probability of Cutera's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cutera's price. Additionally, you may evaluate how the addition of Cutera to your portfolios can decrease your overall portfolio volatility.