36Kr Price To Sales Ratio from 2010 to 2024
| KRKR Stock | USD 3.16 0.06 1.94% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 10.28006895 | Current Value 9.77 | Quarterly Volatility 253.04413758 |
Check 36Kr Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among 36Kr Holdings' main balance sheet or income statement drivers, such as Interest Income of 5 M, Discontinued Operations of 0.0 or Depreciation And Amortization of 13.9 M, as well as many indicators such as Price To Sales Ratio of 9.77, Dividend Yield of 0.0 or PTB Ratio of 14.57. 36Kr financial statements analysis is a perfect complement when working with 36Kr Holdings Valuation or Volatility modules.
36Kr | Price To Sales Ratio |
Latest 36Kr Holdings' Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of 36Kr Holdings over the last few years. Price to Sales Ratio is figured by comparing 36Kr Holdings stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on 36Kr Holdings sales, a figure that is much harder to manipulate than other 36Kr 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. 36Kr Holdings' Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in 36Kr Holdings' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.02 X | 10 Years Trend |
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Price To Sales Ratio |
| Timeline |
36Kr Price To Sales Ratio Regression Statistics
| Arithmetic Mean | 304.82 | |
| Geometric Mean | 127.63 | |
| Coefficient Of Variation | 83.01 | |
| Mean Deviation | 238.86 | |
| Median | 528.75 | |
| Standard Deviation | 253.04 | |
| Sample Variance | 64,031 | |
| Range | 519 | |
| R-Value | (0.89) | |
| Mean Square Error | 14,123 | |
| R-Squared | 0.80 | |
| Slope | (50.46) | |
| Total Sum of Squares | 896,439 |
36Kr Price To Sales Ratio History
About 36Kr Holdings Financial Statements
36Kr Holdings 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 36Kr Holdings investors may analyze each financial statement separately, they are all interrelated. The changes in 36Kr Holdings' assets and liabilities, for example, are also reflected in the revenues and expenses on on 36Kr Holdings' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 10.28 | 9.77 |
Pair Trading with 36Kr Holdings
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 36Kr Holdings 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 36Kr Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with 36Kr Stock
Moving against 36Kr Stock
| 0.65 | Z | Zillow Group Class | PairCorr |
| 0.64 | ZG | Zillow Group | PairCorr |
| 0.57 | FVRR | Fiverr International | PairCorr |
| 0.43 | DJT | Trump Media Technology Symbol Change | PairCorr |
| 0.43 | DJTWW | Trump Media Technology Symbol Change | PairCorr |
The ability to find closely correlated positions to 36Kr Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 36Kr Holdings 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 36Kr Holdings - 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 36Kr Holdings to buy it.
The correlation of 36Kr Holdings 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 36Kr Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 36Kr 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 36Kr Holdings 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 36Kr Stock Analysis
When running 36Kr Holdings' price analysis, check to measure 36Kr Holdings' 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 36Kr Holdings is operating at the current time. Most of 36Kr Holdings' value examination focuses on studying past and present price action to predict the probability of 36Kr Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 36Kr Holdings' price. Additionally, you may evaluate how the addition of 36Kr Holdings to your portfolios can decrease your overall portfolio volatility.