| LQR Stock | | | 0.98 0.22 18.33% |
LQR House Price To Sales Ratio yearly trend continues to be relatively stable with very little volatility. Price To Sales Ratio is likely to drop to 1.97.
Check out the analysis of
LQR House Correlation against competitors.
Latest LQR House's Price To Sales Growth Pattern
Below is the plot of the Price To Sales Ratio of LQR House Common over the last few years. Price to Sales Ratio is figured by comparing LQR House Common stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on LQR House sales, a figure that is much harder to manipulate than other LQR House Common 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. LQR House's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in LQR House's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 4.64 X | 10 Years Trend | | |
LQR Price To Sales Regression Statistics
| Arithmetic Mean | 4,600 |
| Geometric Mean | 1,838 |
| Coefficient Of Variation | 43.14 |
| Mean Deviation | 1,454 |
| Median | 5,509 |
| Standard Deviation | 1,984 |
| Sample Variance | 3.9M |
| Range | 5.5K |
| R-Value | (0.68) |
| Mean Square Error | 2.3M |
| R-Squared | 0.46 |
| Significance | 0.01 |
| Slope | (302.43) |
| Total Sum of Squares | 55.1M |
LQR Price To Sales History
| 2024 | 1.97 | |
| 2023 | 2.07 | |
| 2022 | 2889.2 | |
About LQR House Financial Statements
LQR House shareholders use historical fundamental indicators, such as Price To Sales, to determine how well the company is positioned to perform in the future. Although LQR House investors may analyze each financial statement separately, they are all interrelated. The changes in LQR House's assets and liabilities, for example, are also reflected in the revenues and expenses on on LQR House's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our
fundamental analysis page.
Pair Trading with LQR House
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 LQR House 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 LQR House will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to LQR House could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LQR House 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 LQR House - 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 LQR House Common to buy it.
The correlation of LQR House 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 LQR House moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LQR House Common 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 LQR House 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 LQR Stock Analysis
When running LQR House's price analysis, check to
measure LQR House'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 LQR House is operating at the current time. Most of LQR House's value examination focuses on studying past and present price action to
predict the probability of LQR House's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LQR House's price. Additionally, you may evaluate how the addition of LQR House to your portfolios can decrease your overall portfolio volatility.