South Price To Sales from 2010 to 2026
| SOBO Stock | 37.18 1.08 2.82% |
Check South Bow financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among South Bow's main balance sheet or income statement drivers, such as Tax Provision of 88.8 M, Interest Income of 240.3 M or Depreciation And Amortization of 269.5 M, as well as many indicators such as Price To Sales Ratio of 2.56, Dividend Yield of 0.0198 or PTB Ratio of 1.42. South financial statements analysis is a perfect complement when working with South Bow Valuation or Volatility modules.
South |
Latest South Bow's Price To Sales Growth Pattern
Below is the plot of the Price To Sales Ratio of South Bow over the last few years. Price to Sales Ratio is figured by comparing South Bow stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on South Bow sales, a figure that is much harder to manipulate than other South Bow 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. South Bow's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in South Bow's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 3.93 X | 10 Years Trend |
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Price To Sales Ratio |
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South Price To Sales Regression Statistics
| Arithmetic Mean | 2.37 | |
| Geometric Mean | 2.37 | |
| Coefficient Of Variation | 3.87 | |
| Mean Deviation | 0.06 | |
| Median | 2.34 | |
| Standard Deviation | 0.09 | |
| Sample Variance | 0.01 | |
| Range | 0.3474 | |
| R-Value | 0.51 | |
| Mean Square Error | 0.01 | |
| R-Squared | 0.26 | |
| Significance | 0.04 | |
| Slope | 0.01 | |
| Total Sum of Squares | 0.13 |
South Price To Sales History
About South Bow Financial Statements
South Bow investors utilize fundamental indicators, such as Price To Sales, to predict how South 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 | ||
| Price To Sales Ratio | 2.66 | 2.56 |
Pair Trading with South Bow
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 South Bow 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 South Bow will appreciate offsetting losses from the drop in the long position's value.Moving together with South Stock
The ability to find closely correlated positions to South Bow could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace South Bow 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 South Bow - 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 South Bow to buy it.
The correlation of South Bow 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 South Bow moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if South Bow 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 South Bow 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 South Stock
South Bow financial ratios help investors to determine whether South 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 South with respect to the benefits of owning South Bow security.