STRATA Average Inventory from 2010 to 2026
| SSKN Stock | USD 1.28 0.07 5.79% |
Average Inventory | First Reported 2010-12-31 | Previous Quarter 31.4 K | Current Value 27.9 K | Quarterly Volatility 1.8 K |
Check STRATA Skin financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among STRATA Skin's main balance sheet or income statement drivers, such as Total Revenue of 20.7 M, Gross Profit of 11.9 M or Other Operating Expenses of 51.7 M, as well as many indicators such as Price To Sales Ratio of 3.61, Dividend Yield of 0.0 or PTB Ratio of 21.06. STRATA financial statements analysis is a perfect complement when working with STRATA Skin Valuation or Volatility modules.
STRATA | Average Inventory | Build AI portfolio with STRATA Stock |
Pair Trading with STRATA Skin
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 STRATA Skin 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 STRATA Skin will appreciate offsetting losses from the drop in the long position's value.Moving against STRATA Stock
| 0.82 | IRMD | Iradimed | PairCorr |
| 0.81 | TNDM | Tandem Diabetes Care | PairCorr |
| 0.79 | FIGS | Figs Inc | PairCorr |
| 0.78 | NPCE | Neuropace | PairCorr |
| 0.71 | ESTA | Establishment Labs | PairCorr |
The ability to find closely correlated positions to STRATA Skin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace STRATA Skin 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 STRATA Skin - 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 STRATA Skin Sciences to buy it.
The correlation of STRATA Skin 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 STRATA Skin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if STRATA Skin Sciences 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 STRATA Skin 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 STRATA Skin Correlation against competitors. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Will Health Care Equipment & Supplies sector continue expanding? Could STRATA diversify its offerings? Factors like these will boost the valuation of STRATA Skin. If investors know STRATA will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every STRATA Skin data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share (2.61) | Revenue Per Share | Quarterly Revenue Growth (0.21) | Return On Assets | Return On Equity |
Investors evaluate STRATA Skin Sciences using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating STRATA Skin's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause STRATA Skin's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between STRATA Skin's value and its price as these two are different measures arrived at by different means. Investors typically determine if STRATA Skin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, STRATA Skin's market price signifies the transaction level at which participants voluntarily complete trades.