LQR Ev To Sales vs Free Cash Flow Yield Analysis
| LQR Stock | 1.19 0.09 7.03% |
LQR House financial indicator trend analysis is infinitely more than just investigating LQR House Common recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LQR House Common is a good investment. Please check the relationship between LQR House Ev To Sales and its Free Cash Flow Yield accounts. 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.
Ev To Sales vs Free Cash Flow Yield
Ev To Sales vs Free Cash Flow Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LQR House Common Ev To Sales account and Free Cash Flow Yield. At this time, the significance of the direction appears to have almost identical trend.
The correlation between LQR House's Ev To Sales and Free Cash Flow Yield is 0.94. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of LQR House Common, assuming nothing else is changed. The correlation between historical values of LQR House's Ev To Sales and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of LQR House Common are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Ev To Sales i.e., LQR House's Ev To Sales and Free Cash Flow Yield go up and down completely randomly.
Correlation Coefficient | 0.94 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Most indicators from LQR House's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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. At this time, LQR House's Selling General Administrative is relatively stable compared to the past year. As of 11/23/2024, Issuance Of Capital Stock is likely to grow to about 23.2 M, though Enterprise Value is likely to grow to (4.5 M).
| 2010 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 1.6M | 1.6M | 15.8M | 16.6M | Cost Of Revenue | 677.4K | 803.1K | 915.6K | 878.6K |
LQR House fundamental ratios Correlations
Click cells to compare fundamentals
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
| 0.77 | DEO | Diageo PLC ADR | PairCorr |
| 0.75 | TC | TuanChe ADR | PairCorr |
| 0.68 | MGPI | MGP Ingredients | PairCorr |
| 0.67 | YQ | 17 Education Technology | PairCorr |
| 0.63 | 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.