IFabric Price To Sales Ratio from 2010 to 2024
| IFA Stock | CAD 1.05 0.01 0.94% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 525.43978602 | Current Value 551.71 | Quarterly Volatility 188.05657326 |
Check IFabric Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IFabric Corp's main balance sheet or income statement drivers, such as Interest Expense of 50.6 K, Selling General Administrative of 3.5 M or Other Operating Expenses of 30.4 M, as well as many indicators such as Price To Sales Ratio of 552, Dividend Yield of 0.0 or Days Sales Outstanding of 69.57. IFabric financial statements analysis is a perfect complement when working with IFabric Corp Valuation or Volatility modules.
IFabric | Price To Sales Ratio |
Pair Trading with IFabric Corp
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 IFabric Corp 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 IFabric Corp will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to IFabric Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IFabric Corp 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 IFabric Corp - 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 iFabric Corp to buy it.
The correlation of IFabric Corp 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 IFabric Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iFabric Corp 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 IFabric Corp 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 IFabric Stock
IFabric Corp financial ratios help investors to determine whether IFabric 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 IFabric with respect to the benefits of owning IFabric Corp security.