Salon Income Quality from 2010 to 2026
| SALN Stock | USD 0.00001 0.00 0.00% |
Income Quality | First Reported 2010-12-31 | Previous Quarter 0.28 | Current Value 0.2 | Quarterly Volatility 0.04070751 |
Check Salon City financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Salon City's main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Interest Expense of 0.0 or Selling General Administrative of 1.4 M, as well as many indicators such as Price To Sales Ratio of 16.2, Dividend Yield of 0.0 or Days Sales Outstanding of 7.29. Salon financial statements analysis is a perfect complement when working with Salon City Valuation or Volatility modules.
Salon | Income Quality | Build AI portfolio with Salon Stock |
Evaluating Salon City's Income Quality across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Salon City's fundamental strength.
Latest Salon City's Income Quality Growth Pattern
Below is the plot of the Income Quality of Salon City over the last few years. It is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. Salon City's Income Quality historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Salon City's overall financial position and show how it may be relating to other accounts over time.
| Income Quality | 10 Years Trend |
|
Income Quality |
| Timeline |
Salon Income Quality Regression Statistics
| Arithmetic Mean | 0.30 | |
| Geometric Mean | 0.30 | |
| Coefficient Of Variation | 13.64 | |
| Mean Deviation | 0.03 | |
| Median | 0.31 | |
| Standard Deviation | 0.04 | |
| Sample Variance | 0 | |
| Range | 0.1292 | |
| R-Value | (0.04) | |
| Mean Square Error | 0 | |
| R-Squared | 0 | |
| Significance | 0.88 | |
| Slope | (0.0003) | |
| Total Sum of Squares | 0.03 |
Salon Income Quality History
About Salon City Financial Statements
Salon City investors utilize fundamental indicators, such as Income Quality, to predict how Salon Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Income Quality | 0.28 | 0.20 |
Pair Trading with Salon City
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 Salon City 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 Salon City will appreciate offsetting losses from the drop in the long position's value.Moving against Salon Stock
| 0.79 | RCH | Reach PLC | PairCorr |
| 0.66 | DJCO | Daily Journal Corp | PairCorr |
| 0.59 | LEE | Lee Enterprises Trending | PairCorr |
| 0.58 | EM7 | EMERALD HLDG INC | PairCorr |
| 0.52 | 8LS | NEXT FIFTEEN LS | PairCorr |
The ability to find closely correlated positions to Salon City could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Salon City 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 Salon City - 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 Salon City to buy it.
The correlation of Salon City 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 Salon City moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Salon City 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 Salon City 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.Check out the analysis of Salon City Correlation against competitors. To learn how to invest in Salon Stock, please use our How to Invest in Salon City guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Will Publishing sector continue expanding? Could Salon diversify its offerings? Factors like these will boost the valuation of Salon City. If investors know Salon will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Salon City data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
The market value of Salon City is measured differently than its book value, which is the value of Salon that is recorded on the company's balance sheet. Investors also form their own opinion of Salon City's value that differs from its market value or its book value, called intrinsic value, which is Salon City's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Salon City's market value can be influenced by many factors that don't directly affect Salon City's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Salon City's value and its price as these two are different measures arrived at by different means. Investors typically determine if Salon City is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, Salon City's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.