374Water Price To Sales Ratio from 2010 to 2024
| SCWO Stock | USD 1.00 0.04 3.85% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 248.83605399 | Current Value 327.91 | Quarterly Volatility 1.4 K |
Check 374Water Common financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among 374Water Common's main balance sheet or income statement drivers, such as Depreciation And Amortization of 90.1 K, Interest Expense of 62.1 K or Total Revenue of 781.1 K, as well as many indicators such as Price To Sales Ratio of 328, Dividend Yield of 0.0 or PTB Ratio of 13.18. 374Water financial statements analysis is a perfect complement when working with 374Water Common Valuation or Volatility modules.
374Water | Price To Sales Ratio |
Latest 374Water Common's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of 374Water Common Stock over the last few years. Price to Sales Ratio is figured by comparing 374Water Common Stock stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on 374Water Common sales, a figure that is much harder to manipulate than other 374Water Common Stock 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. 374Water Common's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in 374Water Common's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 587.04 X | 10 Years Trend |
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Price To Sales Ratio |
| Timeline |
374Water Price To Sales Ratio Regression Statistics
| Arithmetic Mean | 532.47 | |
| Geometric Mean | 57.50 | |
| Coefficient Of Variation | 268.99 | |
| Mean Deviation | 775.40 | |
| Median | 54.64 | |
| Standard Deviation | 1,432 | |
| Sample Variance | 2.1M | |
| Range | 5.6K | |
| R-Value | 0.33 | |
| Mean Square Error | 2M | |
| R-Squared | 0.11 | |
| Significance | 0.23 | |
| Slope | 104.85 | |
| Total Sum of Squares | 28.7M |
374Water Price To Sales Ratio History
About 374Water Common Financial Statements
374Water Common investors utilize fundamental indicators, such as Price To Sales Ratio, to predict how 374Water 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 | 248.84 | 327.91 |
Pair Trading with 374Water Common
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 374Water Common 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 374Water Common will appreciate offsetting losses from the drop in the long position's value.Moving against 374Water Stock
| 0.66 | BE | Bloom Energy Corp | PairCorr |
| 0.54 | ARQ | Arq Inc Symbol Change | PairCorr |
| 0.5 | G | Genpact Limited | PairCorr |
| 0.48 | CECO | CECO Environmental Corp | PairCorr |
| 0.47 | FSS | Federal Signal | PairCorr |
The ability to find closely correlated positions to 374Water Common could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 374Water Common 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 374Water Common - 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 374Water Common Stock to buy it.
The correlation of 374Water Common 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 374Water Common moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 374Water Common Stock 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 374Water Common 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 374Water Common Correlation against competitors. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Industrial Machinery & Supplies & Components 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 374Water Common. If investors know 374Water 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 374Water Common listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.08) | Revenue Per Share 0.002 | Quarterly Revenue Growth (0.26) | Return On Assets (0.41) | Return On Equity (0.66) |
The market value of 374Water Common Stock is measured differently than its book value, which is the value of 374Water that is recorded on the company's balance sheet. Investors also form their own opinion of 374Water Common's value that differs from its market value or its book value, called intrinsic value, which is 374Water Common'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 374Water Common's market value can be influenced by many factors that don't directly affect 374Water Common'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 374Water Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if 374Water Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 374Water Common'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.