Service Quality Technology Stock Price To Sales

3219 Stock  TWD 50.80  0.60  1.17%   
Service Quality Technology fundamentals help investors to digest information that contributes to Service Quality's financial success or failures. It also enables traders to predict the movement of Service Stock. The fundamental analysis module provides a way to measure Service Quality's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Service Quality stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Service Quality Technology Company Price To Sales Analysis

Service Quality's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

P/S

 = 

MV Per Share

Revenue Per Share

More About Price To Sales | All Equity Analysis

Current Service Quality Price To Sales

    
  2.25 X  
Most of Service Quality's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Service Quality Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Competition

Based on the latest financial disclosure, Service Quality Technology has a Price To Sales of 2.2488 times. This is 52.86% lower than that of the Technology sector and 48.77% lower than that of the Semiconductors industry. The price to sales for all Taiwan stocks is 80.31% higher than that of the company.

Service Price To Sales Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Service Quality's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Service Quality could also be used in its relative valuation, which is a method of valuing Service Quality by comparing valuation metrics of similar companies.
Service Quality is currently under evaluation in price to sales category among its peers.

Service Fundamentals

About Service Quality Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Service Quality Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Service Quality using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Service Quality Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with Service Quality

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 Service Quality 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 Service Quality will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Service Quality could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Service Quality 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 Service Quality - 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 Service Quality Technology to buy it.
The correlation of Service Quality 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 Service Quality moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Service Quality Tech 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 Service Quality 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.
Pair CorrelationCorrelation Matching

Additional Tools for Service Stock Analysis

When running Service Quality's price analysis, check to measure Service Quality'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 Service Quality is operating at the current time. Most of Service Quality's value examination focuses on studying past and present price action to predict the probability of Service Quality's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Service Quality's price. Additionally, you may evaluate how the addition of Service Quality to your portfolios can decrease your overall portfolio volatility.