Hudson Price To Sales Ratio from 2010 to 2024
HSON Stock | USD 14.78 0.37 2.44% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 0.29417347 | Current Value 0.18 | Quarterly Volatility 0.15850452 |
Check Hudson Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hudson Global's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.4 M, Interest Expense of 1.7 M or Total Revenue of 153.3 M, as well as many indicators such as Price To Sales Ratio of 0.18, Dividend Yield of 0.0605 or PTB Ratio of 1.16. Hudson financial statements analysis is a perfect complement when working with Hudson Global Valuation or Volatility modules.
Hudson | Price To Sales Ratio |
Latest Hudson Global's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Hudson Global over the last few years. Price to Sales Ratio is figured by comparing Hudson Global stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Hudson Global sales, a figure that is much harder to manipulate than other Hudson Global multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. It is 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. Hudson Global's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hudson Global's overall financial position and show how it may be relating to other accounts over time.
View | Last Reported 0.29 X | 10 Years Trend |
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Price To Sales Ratio |
Timeline |
Hudson Price To Sales Ratio Regression Statistics
Arithmetic Mean | 0.26 | |
Geometric Mean | 0.23 | |
Coefficient Of Variation | 60.23 | |
Mean Deviation | 0.12 | |
Median | 0.20 | |
Standard Deviation | 0.16 | |
Sample Variance | 0.03 | |
Range | 0.5895 | |
R-Value | 0.48 | |
Mean Square Error | 0.02 | |
R-Squared | 0.24 | |
Significance | 0.07 | |
Slope | 0.02 | |
Total Sum of Squares | 0.35 |
Hudson Price To Sales Ratio History
About Hudson Global Financial Statements
Hudson Global investors utilize fundamental indicators, such as Price To Sales Ratio, to predict how Hudson Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Price To Sales Ratio | 0.29 | 0.18 |
Pair Trading with Hudson Global
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 Hudson Global 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 Hudson Global will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Hudson Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hudson Global 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 Hudson Global - 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 Hudson Global to buy it.
The correlation of Hudson Global 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 Hudson Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hudson Global 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 Hudson Global 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.Check out the analysis of Hudson Global Correlation against competitors. To learn how to invest in Hudson Stock, please use our How to Invest in Hudson Global guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Human Resource & Employment Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hudson Global. If investors know Hudson will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hudson Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 10.483 | Earnings Share (1.13) | Revenue Per Share 46.915 | Quarterly Revenue Growth (0.20) | Return On Assets (0.03) |
The market value of Hudson Global is measured differently than its book value, which is the value of Hudson that is recorded on the company's balance sheet. Investors also form their own opinion of Hudson Global's value that differs from its market value or its book value, called intrinsic value, which is Hudson Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hudson Global's market value can be influenced by many factors that don't directly affect Hudson Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hudson Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hudson Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hudson Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.