Hour Payout Ratio vs Price To Sales Ratio Analysis

HOUR Stock

USD 1.52 0.01 0.65%

Hour Loop financial indicator trend analysis is much more than just examining Hour Loop latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hour Loop is a good investment. Please check the relationship between Hour Loop Payout Ratio and its Price To Sales Ratio accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hour Loop. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

To learn how to invest in Hour Stock, please use our How to Invest in Hour Loop guide.

Payout Ratio vs Price To Sales Ratio

Payout Ratio vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hour Loop Payout Ratio account and Price To Sales Ratio. At this time, the significance of the direction appears to have pay attention.

The correlation between Hour Loop's Payout Ratio and Price To Sales Ratio is -0.95. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Hour Loop, assuming nothing else is changed. The correlation between historical values of Hour Loop's Payout Ratio and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Hour Loop are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Payout Ratio i.e., Hour Loop's Payout Ratio and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.95

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Payout Ratio

Payout Ratio is the proportion of Hour Loop earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Hour Loop dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Hour Loop is paying out more in dividends than it makes in net income.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Hour Loop stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Hour Loop sales, a figure that is much harder to manipulate than other Hour Loop 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.

Most indicators from Hour Loop's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hour Loop current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hour Loop. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

To learn how to invest in Hour Stock, please use our How to Invest in Hour Loop guide.As of 11/29/2024, Tax Provision is likely to grow to about (668.8 K). In addition to that, Selling General Administrative is likely to drop to about 5.6 M

	2021	2022	2023	2024 (projected)
Gross Profit	34.8M	49.0M	66.5M	40.6M
Total Revenue	62.8M	95.9M	132.1M	78.3M

Gross Profit Total Revenue

Hour Loop fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt
Total Assets		0.66	0.55	0.96	0.93	0.79	0.72	-0.28	0.07	0.88	0.68	0.79	0.96	0.92	0.68	0.66	0.15	0.8	0.63	0.93	0.91	0.82	0.99	0.88	0.8	0.92
Short Long Term Debt Total	0.66		0.56	0.77	0.42	0.5	0.05	-0.01	-0.15	0.48	0.63	0.5	0.8	0.85	0.63	0.64	0.03	0.87	-0.09	0.5	0.62	0.48	0.73	0.56	0.25	0.83
Other Current Liab	0.55	0.56		0.45	0.56	0.57	0.27	0.49	-0.47	0.19	0.06	0.87	0.68	0.54	0.06	0.99	0.63	0.33	0.15	0.58	0.32	0.82	0.53	0.76	0.49	0.49
Total Current Liabilities	0.96	0.77	0.45		0.81	0.73	0.56	-0.37	0.14	0.92	0.82	0.65	0.96	0.92	0.82	0.57	0.06	0.94	0.47	0.81	0.96	0.68	0.98	0.73	0.61	0.94
Total Stockholder Equity	0.93	0.42	0.56	0.81		0.89	0.76	-0.32	0.2	0.77	0.57	0.78	0.83	0.75	0.57	0.64	0.13	0.57	0.69	0.9	0.82	0.81	0.87	0.92	0.82	0.73
Net Tangible Assets	0.79	0.5	0.57	0.73	0.89		0.38	-0.43	0.42	0.57	0.7	0.58	0.72	0.61	0.7	0.6	-0.09	0.56	0.3	0.64	0.78	0.58	0.72	0.8	0.48	0.57
Property Plant And Equipment Net	0.72	0.05	0.27	0.56	0.76	0.38		-0.1	-0.11	0.72	0.15	0.69	0.58	0.57	0.15	0.36	0.33	0.29	0.99	0.87	0.53	0.76	0.68	0.68	0.95	0.58
Net Debt	-0.28	-0.01	0.49	-0.37	-0.32	-0.43	-0.1		-0.94	-0.48	-0.76	0.33	-0.1	-0.12	-0.76	0.42	0.75	-0.35	-0.14	-0.05	-0.56	0.27	-0.25	0.0	0.05	-0.14
Retained Earnings	0.07	-0.15	-0.47	0.14	0.2	0.42	-0.11	-0.94		0.21	0.62	-0.45	-0.1	-0.13	0.62	-0.46	-0.78	0.11	-0.06	-0.16	0.36	-0.41	0.01	-0.1	-0.24	-0.12
Accounts Payable	0.88	0.48	0.19	0.92	0.77	0.57	0.72	-0.48	0.21		0.73	0.54	0.82	0.78	0.73	0.34	0.08	0.81	0.68	0.78	0.94	0.59	0.9	0.58	0.66	0.82
Cash	0.68	0.63	0.06	0.82	0.57	0.7	0.15	-0.76	0.62	0.73		0.14	0.64	0.62	1.0	0.17	-0.43	0.85	0.09	0.39	0.89	0.17	0.7	0.39	0.14	0.64
Non Current Assets Total	0.79	0.5	0.87	0.65	0.78	0.58	0.69	0.33	-0.45	0.54	0.14		0.83	0.74	0.14	0.92	0.64	0.45	0.59	0.88	0.52	1.0	0.77	0.89	0.84	0.71
Non Currrent Assets Other	0.96	0.8	0.68	0.96	0.83	0.72	0.58	-0.1	-0.1	0.82	0.64	0.83		0.95	0.64	0.78	0.29	0.87	0.46	0.87	0.87	0.84	0.97	0.84	0.69	0.94
Long Term Debt	0.92	0.85	0.54	0.92	0.75	0.61	0.57	-0.12	-0.13	0.78	0.62	0.74	0.95		0.62	0.66	0.12	0.87	0.45	0.87	0.8	0.75	0.96	0.81	0.7	1.0
Cash And Short Term Investments	0.68	0.63	0.06	0.82	0.57	0.7	0.15	-0.76	0.62	0.73	1.0	0.14	0.64	0.62		0.17	-0.43	0.85	0.09	0.39	0.89	0.17	0.7	0.39	0.14	0.64
Net Receivables	0.66	0.64	0.99	0.57	0.64	0.6	0.36	0.42	-0.46	0.34	0.17	0.92	0.78	0.66	0.17		0.62	0.46	0.23	0.68	0.44	0.88	0.65	0.81	0.57	0.62
Common Stock Shares Outstanding	0.15	0.03	0.63	0.06	0.13	-0.09	0.33	0.75	-0.78	0.08	-0.43	0.64	0.29	0.12	-0.43	0.62		-0.03	0.31	0.3	-0.05	0.61	0.15	0.24	0.37	0.13
Non Current Liabilities Total	0.8	0.87	0.33	0.94	0.57	0.56	0.29	-0.35	0.11	0.81	0.85	0.45	0.87	0.87	0.85	0.46	-0.03		0.19	0.6	0.88	0.47	0.87	0.52	0.35	0.89
Capital Lease Obligations	0.63	-0.09	0.15	0.47	0.69	0.3	0.99	-0.14	-0.06	0.68	0.09	0.59	0.46	0.45	0.09	0.23	0.31	0.19		0.79	0.47	0.67	0.58	0.57	0.9	0.47
Inventory	0.93	0.5	0.58	0.81	0.9	0.64	0.87	-0.05	-0.16	0.78	0.39	0.88	0.87	0.87	0.39	0.68	0.3	0.6	0.79		0.72	0.92	0.91	0.92	0.96	0.86
Other Current Assets	0.91	0.62	0.32	0.96	0.82	0.78	0.53	-0.56	0.36	0.94	0.89	0.52	0.87	0.8	0.89	0.44	-0.05	0.88	0.47	0.72		0.56	0.91	0.65	0.53	0.82
Other Stockholder Equity	0.82	0.48	0.82	0.68	0.81	0.58	0.76	0.27	-0.41	0.59	0.17	1.0	0.84	0.75	0.17	0.88	0.61	0.47	0.67	0.92	0.56		0.79	0.9	0.89	0.74
Total Liab	0.99	0.73	0.53	0.98	0.87	0.72	0.68	-0.25	0.01	0.9	0.7	0.77	0.97	0.96	0.7	0.65	0.15	0.87	0.58	0.91	0.91	0.79		0.83	0.76	0.96
Net Invested Capital	0.88	0.56	0.76	0.73	0.92	0.8	0.68	0.0	-0.1	0.58	0.39	0.89	0.84	0.81	0.39	0.81	0.24	0.52	0.57	0.92	0.65	0.9	0.83		0.84	0.77
Property Plant And Equipment Gross	0.8	0.25	0.49	0.61	0.82	0.48	0.95	0.05	-0.24	0.66	0.14	0.84	0.69	0.7	0.14	0.57	0.37	0.35	0.9	0.96	0.53	0.89	0.76	0.84		0.7
Short Long Term Debt	0.92	0.83	0.49	0.94	0.73	0.57	0.58	-0.14	-0.12	0.82	0.64	0.71	0.94	1.0	0.64	0.62	0.13	0.89	0.47	0.86	0.82	0.74	0.96	0.77	0.7

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Hour Loop Account Relationship Matchups

Pair Trading with Hour Loop

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 Hour Loop 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 Hour Loop will appreciate offsetting losses from the drop in the long position's value.

Moving together with Hour Stock

0.69

Home Depot Sell-off Trend

Pair Corr

Moving against Hour Stock

0.8	GRPN	Groupon	Pair Corr
0.69	BGI	Birks Group	Pair Corr
0.53	ZUMZ	Zumiez Inc	Pair Corr
0.45	DKS	Dicks Sporting Goods	Pair Corr
0.41	ASO	Academy Sports Outdoors	Pair Corr

The ability to find closely correlated positions to Hour Loop could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hour Loop 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 Hour Loop - 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 Hour Loop to buy it.

The correlation of Hour Loop 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 Hour Loop moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hour Loop 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 Hour Loop 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 Correlation Correlation Matching

Additional Tools for Hour Stock Analysis

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

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