LQR Historical Financial Ratios
| LQR Stock | 0.98 0.22 18.33% |
LQR House is lately reporting on over 77 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 Days Sales Outstanding of 53.37 will help investors to properly organize and evaluate LQR House Common financial condition quickly.
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About LQR Financial Ratios Analysis
LQR House CommonFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate LQR House 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 LQR financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across LQR House history.
LQR House Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing LQR House Common stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on LQR House sales, a figure that is much harder to manipulate than other LQR House Common 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.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Stock Based Compensation To Revenue
A metric that compares the total value of stock-based compensation granted by a company to its total revenue, indicating how much of the revenue is used to compensate employees with stock options or awards.Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.Most ratios from LQR House's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into LQR House Common 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LQR House Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
| 2010 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 252.77 | 327.55 | 56.18 | 53.37 | PTB Ratio | 487.32 | 851.52 | 0.16 | 0.15 |
LQR House fundamentals Correlations
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LQR House Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with LQR House
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 LQR House 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 LQR House will appreciate offsetting losses from the drop in the long position's value.Moving against LQR Stock
| 0.78 | DEO | Diageo PLC ADR | PairCorr |
| 0.75 | TC | TuanChe ADR | PairCorr |
| 0.69 | MGPI | MGP Ingredients | PairCorr |
| 0.65 | YQ | 17 Education Technology | PairCorr |
| 0.64 | TU | Telus Corp | PairCorr |
The ability to find closely correlated positions to LQR House could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LQR House 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 LQR House - 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 LQR House Common to buy it.
The correlation of LQR House 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 LQR House moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LQR House Common 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 LQR House 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 LQR Stock Analysis
When running LQR House's price analysis, check to measure LQR House'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 LQR House is operating at the current time. Most of LQR House's value examination focuses on studying past and present price action to predict the probability of LQR House's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LQR House's price. Additionally, you may evaluate how the addition of LQR House to your portfolios can decrease your overall portfolio volatility.