Great Price To Sales Ratio from 2010 to 2024
| GECCO Stock | USD 24.81 0.04 0.16% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 5.23914564 | Current Value 6.49 | Quarterly Volatility 12.34019708 |
Check Great Elm financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Great Elm's main balance sheet or income statement drivers, such as , as well as many indicators such as Price To Sales Ratio of 6.49, Dividend Yield of 0.0539 or PTB Ratio of 2.0. Great financial statements analysis is a perfect complement when working with Great Elm Valuation or Volatility modules.
Great | Price To Sales Ratio |
Latest Great Elm's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Great Elm Capital over the last few years. Price to Sales Ratio is figured by comparing Great Elm Capital stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Great Elm sales, a figure that is much harder to manipulate than other Great Elm Capital 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. Great Elm's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Great Elm's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.00 X | 10 Years Trend |
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Price To Sales Ratio |
| Timeline |
Great Price To Sales Ratio Regression Statistics
| Arithmetic Mean | 7.85 | |
| Coefficient Of Variation | 157.29 | |
| Mean Deviation | 7.97 | |
| Median | 2.61 | |
| Standard Deviation | 12.34 | |
| Sample Variance | 152.28 | |
| Range | 39.2002 | |
| R-Value | (0.09) | |
| Mean Square Error | 162.52 | |
| R-Squared | 0.01 | |
| Significance | 0.74 | |
| Slope | (0.26) | |
| Total Sum of Squares | 2,132 |
Great Price To Sales Ratio History
About Great Elm Financial Statements
Great Elm investors utilize fundamental indicators, such as Price To Sales Ratio, to predict how Great 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 | 5.24 | 6.49 |
Pair Trading with Great Elm
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 Great Elm 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 Great Elm will appreciate offsetting losses from the drop in the long position's value.Moving together with Great Stock
Moving against Great Stock
| 0.66 | SVVC | Firsthand Technology | PairCorr |
| 0.49 | JPPYY | Jupai Holdings | PairCorr |
| 0.44 | BCGWW | Binah Capital Group, | PairCorr |
The ability to find closely correlated positions to Great Elm could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Great Elm 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 Great Elm - 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 Great Elm Capital to buy it.
The correlation of Great Elm 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 Great Elm moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Great Elm Capital 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 Great Elm 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 the analysis of Great Elm Correlation against competitors. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Business Services space 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 Great Elm. If investors know Great 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 Great Elm listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Great Elm Capital is measured differently than its book value, which is the value of Great that is recorded on the company's balance sheet. Investors also form their own opinion of Great Elm's value that differs from its market value or its book value, called intrinsic value, which is Great Elm'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 Great Elm's market value can be influenced by many factors that don't directly affect Great Elm'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 Great Elm's value and its price as these two are different measures arrived at by different means. Investors typically determine if Great Elm is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Great Elm'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.