Charles Historical Financial Ratios
| CTHR Stock | USD 1.24 0.04 3.13% |
Charles Colvard is presently reporting on over 109 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0034, PTB Ratio of 7.8 or Days Sales Outstanding of 79.5 will help investors to properly organize and evaluate Charles Colvard financial condition quickly.
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About Charles Financial Ratios Analysis
Charles ColvardFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Charles Colvard investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Charles financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Charles Colvard history.
Charles Colvard Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Charles Colvard stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Charles Colvard sales, a figure that is much harder to manipulate than other Charles Colvard multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. 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.Dividend Yield
Dividend Yield is Charles Colvard dividend as a percentage of Charles Colvard stock price. Charles Colvard dividend yield is a measure of Charles Colvard stock productivity, which can be interpreted as interest rate earned on an Charles Colvard investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to Charles Colvard. There are two different methods for calculating Charles Colvard invested capital: operating approach and financing approach. Understanding Charles Colvard invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Most ratios from Charles Colvard's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Charles Colvard current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Charles Colvard. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. To learn how to invest in Charles Stock, please use our How to Invest in Charles Colvard guide.At this time, Charles Colvard's Income Quality is relatively stable compared to the past year. As of 11/29/2024, Net Debt To EBITDA is likely to grow to 1,253, while PTB Ratio is likely to drop 7.80.
| 2020 | 2021 | 2022 | 2024 (projected) | Days Sales Outstanding | 17.79 | 20.93 | 7.68 | 79.5 | PTB Ratio | 15.6 | 6.22 | 7.29 | 7.8 |
Charles Colvard fundamentals Correlations
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Charles Colvard Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Charles Colvard
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 Charles Colvard 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 Charles Colvard will appreciate offsetting losses from the drop in the long position's value.Moving together with Charles Stock
Moving against Charles Stock
| 0.85 | DOGZ | Dogness International | PairCorr |
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| 0.67 | RL | Ralph Lauren Corp | PairCorr |
| 0.64 | UAA | Under Armour A Aggressive Push | PairCorr |
| 0.59 | UA | Under Armour C | PairCorr |
The ability to find closely correlated positions to Charles Colvard could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Charles Colvard 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 Charles Colvard - 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 Charles Colvard to buy it.
The correlation of Charles Colvard 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 Charles Colvard moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Charles Colvard 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 Charles Colvard 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.Additional Tools for Charles Stock Analysis
When running Charles Colvard's price analysis, check to measure Charles Colvard'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 Charles Colvard is operating at the current time. Most of Charles Colvard's value examination focuses on studying past and present price action to predict the probability of Charles Colvard's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Charles Colvard's price. Additionally, you may evaluate how the addition of Charles Colvard to your portfolios can decrease your overall portfolio volatility.