Sustainable Price To Sales Ratio from 2010 to 2025
| PWI Stock | 9.37 0.07 0.74% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 16.3 K | Current Value 15.4 K | Quarterly Volatility 199.9 K |
Check Sustainable Power financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sustainable Power's main balance sheet or income statement drivers, such as Tax Provision of 140 K, Net Interest Income of 3.5 K or Depreciation And Amortization of 168.8 K, as well as many indicators such as Price To Sales Ratio of 15.4 K, Dividend Yield of 0.0733 or PTB Ratio of 1.1. Sustainable financial statements analysis is a perfect complement when working with Sustainable Power Valuation or Volatility modules.
Sustainable | Price To Sales Ratio |
Pair Trading with Sustainable Power
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 Sustainable Power 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 Sustainable Power will appreciate offsetting losses from the drop in the long position's value.Moving together with Sustainable Stock
Moving against Sustainable Stock
The ability to find closely correlated positions to Sustainable Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sustainable Power 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 Sustainable Power - 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 Sustainable Power Infrastructure to buy it.
The correlation of Sustainable Power 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 Sustainable Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sustainable Power 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 Sustainable Power 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 Sustainable Stock
Sustainable Power financial ratios help investors to determine whether Sustainable 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 Sustainable with respect to the benefits of owning Sustainable Power security.