Planet Price To Free Cash Flows Ratio from 2010 to 2024
| YIBO Stock | 3.43 0.10 3.00% |
Price To Free Cash Flows Ratio | First Reported 2010-12-31 | Previous Quarter 8.89524639 | Current Value 8.45 | Quarterly Volatility 43.16694336 |
Check Planet Image financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Planet Image's main balance sheet or income statement drivers, such as Tax Provision of 882 K, Depreciation And Amortization of 2.7 M or Interest Expense of 802.6 K, as well as many indicators such as Price To Sales Ratio of 1.47, Dividend Yield of 0.0 or PTB Ratio of 4.31. Planet financial statements analysis is a perfect complement when working with Planet Image Valuation or Volatility modules.
Planet | Price To Free Cash Flows Ratio |
Latest Planet Image's Price To Free Cash Flows Ratio Growth Pattern
Below is the plot of the Price To Free Cash Flows Ratio of Planet Image International over the last few years. It is Planet Image's Price To Free Cash Flows Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Planet Image's overall financial position and show how it may be relating to other accounts over time.
| Price To Free Cash Flows Ratio | 10 Years Trend |
|
Price To Free Cash Flows Ratio |
| Timeline |
Planet Price To Free Cash Flows Ratio Regression Statistics
| Arithmetic Mean | 42.34 | |
| Geometric Mean | 32.32 | |
| Coefficient Of Variation | 101.95 | |
| Mean Deviation | 20.11 | |
| Median | 39.38 | |
| Standard Deviation | 43.17 | |
| Sample Variance | 1,863 | |
| Range | 185 | |
| R-Value | (0.09) | |
| Mean Square Error | 1,992 | |
| R-Squared | 0.01 | |
| Significance | 0.76 | |
| Slope | (0.82) | |
| Total Sum of Squares | 26,087 |
Planet Price To Free Cash Flows Ratio History
About Planet Image Financial Statements
Planet Image investors utilize fundamental indicators, such as Price To Free Cash Flows Ratio, to predict how Planet 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 Free Cash Flows Ratio | 8.90 | 8.45 |
Pair Trading with Planet Image
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 Planet Image 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 Planet Image will appreciate offsetting losses from the drop in the long position's value.Moving against Planet Stock
| 0.67 | EFX | Equifax | PairCorr |
| 0.66 | VCIG | VCI Global Limited Trending | PairCorr |
| 0.64 | SMX | SMX Public Limited | PairCorr |
| 0.62 | WHLM | Wilhelmina | PairCorr |
| 0.59 | DLHC | DLH Holdings Corp Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Planet Image could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Planet Image 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 Planet Image - 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 Planet Image International to buy it.
The correlation of Planet Image 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 Planet Image moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Planet Image Interna 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 Planet Image 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 Planet Image Correlation against competitors. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Planet Image. If investors know Planet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Planet Image listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.13) | Earnings Share 0.15 | Revenue Per Share 3.249 | Quarterly Revenue Growth 0.041 | Return On Assets 0.0429 |
The market value of Planet Image Interna is measured differently than its book value, which is the value of Planet that is recorded on the company's balance sheet. Investors also form their own opinion of Planet Image's value that differs from its market value or its book value, called intrinsic value, which is Planet Image's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Planet Image's market value can be influenced by many factors that don't directly affect Planet Image'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 Planet Image's value and its price as these two are different measures arrived at by different means. Investors typically determine if Planet Image is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Planet Image's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.