Sturm Price Earnings Ratio from 2010 to 2024
| RGR Stock | USD 38.53 0.56 1.47% |
Price Earnings Ratio | First Reported 2010-12-31 | Previous Quarter 16.66322938 | Current Value 20.38 | Quarterly Volatility 4.59265715 |
Check Sturm Ruger financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sturm Ruger's main balance sheet or income statement drivers, such as Depreciation And Amortization of 14.4 M, Interest Expense of 215.2 K or Total Revenue of 326.4 M, as well as many indicators such as Price To Sales Ratio of 1.2, Dividend Yield of 0.14 or PTB Ratio of 2.3. Sturm financial statements analysis is a perfect complement when working with Sturm Ruger Valuation or Volatility modules.
Sturm | Price Earnings Ratio |
Latest Sturm Ruger's Price Earnings Ratio Growth Pattern
Below is the plot of the Price Earnings Ratio of Sturm Ruger over the last few years. It is Sturm Ruger's Price Earnings Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sturm Ruger's overall financial position and show how it may be relating to other accounts over time.
| Price Earnings Ratio | 10 Years Trend |
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Price Earnings Ratio |
| Timeline |
Sturm Price Earnings Ratio Regression Statistics
| Arithmetic Mean | 15.26 | |
| Geometric Mean | 14.62 | |
| Coefficient Of Variation | 30.09 | |
| Mean Deviation | 3.76 | |
| Median | 14.61 | |
| Standard Deviation | 4.59 | |
| Sample Variance | 21.09 | |
| Range | 17.7588 | |
| R-Value | 0.15 | |
| Mean Square Error | 22.19 | |
| R-Squared | 0.02 | |
| Significance | 0.59 | |
| Slope | 0.16 | |
| Total Sum of Squares | 295.29 |
Sturm Price Earnings Ratio History
About Sturm Ruger Financial Statements
Sturm Ruger shareholders use historical fundamental indicators, such as Price Earnings Ratio, to determine how well the company is positioned to perform in the future. Although Sturm Ruger investors may analyze each financial statement separately, they are all interrelated. The changes in Sturm Ruger's assets and liabilities, for example, are also reflected in the revenues and expenses on on Sturm Ruger's 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 Earnings Ratio | 16.66 | 20.38 |
Pair Trading with Sturm Ruger
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 Sturm Ruger 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 Sturm Ruger will appreciate offsetting losses from the drop in the long position's value.Moving against Sturm Stock
| 0.65 | AS | Amer Sports, | PairCorr |
| 0.61 | HBI | Hanesbrands | PairCorr |
| 0.56 | DOGZ | Dogness International Downward Rally | PairCorr |
| 0.5 | GIL | Gildan Activewear | PairCorr |
| 0.47 | VSTO | Vista Outdoor | PairCorr |
The ability to find closely correlated positions to Sturm Ruger could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sturm Ruger 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 Sturm Ruger - 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 Sturm Ruger to buy it.
The correlation of Sturm Ruger 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 Sturm Ruger moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sturm Ruger 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 Sturm Ruger 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 Sturm Stock Analysis
When running Sturm Ruger's price analysis, check to measure Sturm Ruger'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 Sturm Ruger is operating at the current time. Most of Sturm Ruger's value examination focuses on studying past and present price action to predict the probability of Sturm Ruger's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sturm Ruger's price. Additionally, you may evaluate how the addition of Sturm Ruger to your portfolios can decrease your overall portfolio volatility.