Ambow Price To Sales Ratio from 2010 to 2024
AMBO Stock | USD 1.58 0.40 20.20% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 5.84 | Current Value 9.21 | Quarterly Volatility 6.19617481 |
Check Ambow Education financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ambow main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.8 M, Interest Expense of 762.6 K or Selling General Administrative of 42.8 M, as well as many exotic indicators such as Price To Sales Ratio of 9.21, Dividend Yield of 0.0 or Operating Cycle of 233. Ambow financial statements analysis is a perfect complement when working with Ambow Education Valuation or Volatility modules.
Ambow | Price To Sales Ratio |
Latest Ambow Education's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Ambow Education Holding over the last few years. Price to Sales Ratio is figured by comparing Ambow Education Holding stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Ambow Education sales, a figure that is much harder to manipulate than other Ambow Education Holding 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. Ambow Education's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ambow Education's overall financial position and show how it may be relating to other accounts over time.
View | Last Reported 0.54 X | 10 Years Trend |
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Price To Sales Ratio |
Timeline |
Ambow Price To Sales Ratio Regression Statistics
Arithmetic Mean | 7.62 | |
Geometric Mean | 2.19 | |
Coefficient Of Variation | 81.30 | |
Mean Deviation | 4.84 | |
Median | 5.89 | |
Standard Deviation | 6.20 | |
Sample Variance | 38.39 | |
Range | 19.4059 | |
R-Value | (0.17) | |
Mean Square Error | 40.16 | |
R-Squared | 0.03 | |
Significance | 0.55 | |
Slope | (0.23) | |
Total Sum of Squares | 537.50 |
Ambow Price To Sales Ratio History
About Ambow Education Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Ambow Education income statement, its balance sheet, and the statement of cash flows. Ambow Education investors use historical funamental indicators, such as Ambow Education's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Ambow Education investors may use each financial statement separately, they are all related. The changes in Ambow Education's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ambow Education's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Ambow Education Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Ambow Education. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for 2024 | ||
Price To Sales Ratio | 5.84 | 9.21 |
Pair Trading with Ambow Education
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 Ambow Education 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 Ambow Education will appreciate offsetting losses from the drop in the long position's value.Moving against Ambow Stock
0.6 | EEIQ | Elite Education Group | PairCorr |
0.49 | FHSEY | First High-School | PairCorr |
0.45 | VTRU | VitruLtd Financial Report 9th of May 2024 | PairCorr |
0.43 | IH | IhumanInc Report 29th of March 2024 | PairCorr |
The ability to find closely correlated positions to Ambow Education could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ambow Education 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 Ambow Education - 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 Ambow Education Holding to buy it.
The correlation of Ambow Education 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 Ambow Education moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ambow Education Holding 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 Ambow Education 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 Ambow Education Correlation against competitors. Note that the Ambow Education Holding information on this page should be used as a complementary analysis to other Ambow Education's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for Ambow Stock analysis
When running Ambow Education's price analysis, check to measure Ambow Education'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 Ambow Education is operating at the current time. Most of Ambow Education's value examination focuses on studying past and present price action to predict the probability of Ambow Education's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ambow Education's price. Additionally, you may evaluate how the addition of Ambow Education to your portfolios can decrease your overall portfolio volatility.
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Is Ambow Education's industry 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 Ambow Education. If investors know Ambow 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 Ambow Education 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 3.361 | Earnings Share (2.54) | Revenue Per Share 3.895 | Quarterly Revenue Growth (0.45) | Return On Assets (0.05) |
The market value of Ambow Education Holding is measured differently than its book value, which is the value of Ambow that is recorded on the company's balance sheet. Investors also form their own opinion of Ambow Education's value that differs from its market value or its book value, called intrinsic value, which is Ambow Education'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 Ambow Education's market value can be influenced by many factors that don't directly affect Ambow Education'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 Ambow Education's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ambow Education is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ambow Education'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.