| SOAR Stock | | | 0.22 0.04 15.38% |
Volato Price To Sales Ratio yearly trend continues to be relatively stable with very little volatility. Price To Sales Ratio is likely to drop to 0.78.
Check out the analysis of
Volato Correlation against competitors.
Latest Volato's Price To Sales Growth Pattern
Below is the plot of the Price To Sales Ratio of Volato Group over the last few years. Price to Sales Ratio is figured by comparing Volato Group stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Volato sales, a figure that is much harder to manipulate than other Volato Group 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. Volato's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Volato's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.11 X | 10 Years Trend | | |
Volato Price To Sales Regression Statistics
| Arithmetic Mean | 256.36 |
| Geometric Mean | 99.17 |
| Coefficient Of Variation | 51.57 |
| Mean Deviation | 102.17 |
| Median | 320.22 |
| Standard Deviation | 132.20 |
| Sample Variance | 17,476 |
| Range | 319 |
| R-Value | (0.69) |
| Mean Square Error | 9,745 |
| R-Squared | 0.48 |
| Significance | 0 |
| Slope | (20.53) |
| Total Sum of Squares | 244,667 |
Volato Price To Sales History
| 2024 | 0.78 | |
| 2023 | 0.82 | |
| 2022 | 1.19 | |
About Volato Financial Statements
Volato shareholders use historical fundamental indicators, such as Price To Sales, to determine how well the company is positioned to perform in the future. Although Volato investors may analyze each financial statement separately, they are all interrelated. The changes in Volato's assets and liabilities, for example, are also reflected in the revenues and expenses on on Volato's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our
fundamental analysis page.
Pair Trading with Volato
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 Volato 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 Volato will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Volato could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Volato 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 Volato - 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 Volato Group to buy it.
The correlation of Volato 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 Volato moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Volato Group 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 Volato 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 Volato Stock Analysis
When running Volato's price analysis, check to
measure Volato'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 Volato is operating at the current time. Most of Volato's value examination focuses on studying past and present price action to
predict the probability of Volato's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Volato's price. Additionally, you may evaluate how the addition of Volato to your portfolios can decrease your overall portfolio volatility.