OLP Stock | | | USD 28.78 0.19 0.66% |
One Liberty financial indicator trend analysis is much more than just breaking down One Liberty Properties prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether One Liberty Properties is a good investment. Please check the relationship between One Liberty Price To Sales Ratio and its Ev To Sales accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in One Liberty Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Price To Sales Ratio vs Ev To Sales
Price To Sales Ratio vs Ev To Sales Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
One Liberty Properties Price To Sales Ratio account and
Ev To Sales. At this time, the significance of the direction appears to have almost identical trend.
The correlation between One Liberty's Price To Sales Ratio and Ev To Sales is 0.92. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of One Liberty Properties, assuming nothing else is changed. The correlation between historical values of One Liberty's Price To Sales Ratio and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of One Liberty Properties are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Price To Sales Ratio i.e., One Liberty's Price To Sales Ratio and Ev To Sales go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing One Liberty Properties stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on One Liberty sales, a figure that is much harder to manipulate than other One Liberty Properties 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.
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.
Most indicators from One Liberty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into One Liberty Properties 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in One Liberty Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
At this time, One Liberty's
Selling General Administrative is relatively stable compared to the past year. As of 11/25/2024,
Enterprise Value is likely to grow to about 42.7
M, while
Discontinued Operations is likely to drop slightly above 11.1
K.
One Liberty fundamental ratios Correlations
Click cells to compare fundamentals
One Liberty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
One Liberty fundamental ratios Accounts
Pair Trading with One Liberty
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 One Liberty 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 One Liberty will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to One Liberty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace One Liberty 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 One Liberty - 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 One Liberty Properties to buy it.
The correlation of One Liberty 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 One Liberty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if One Liberty Properties 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 One Liberty 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 MatchingAdditional Tools for One Stock Analysis
When running One Liberty's price analysis, check to
measure One Liberty'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 One Liberty is operating at the current time. Most of One Liberty's value examination focuses on studying past and present price action to
predict the probability of One Liberty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move One Liberty's price. Additionally, you may evaluate how the addition of One Liberty to your portfolios can decrease your overall portfolio volatility.