Chatham Price To Sales Ratio from 2010 to 2024
| CLDT Stock | USD 8.35 0.02 0.24% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 1.68315278 | Current Value 1.6 | Quarterly Volatility 0.84417463 |
Check Chatham Lodging financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Chatham Lodging's main balance sheet or income statement drivers, such as Interest Expense of 20.9 M, Selling General Administrative of 12.2 M or Total Revenue of 209.4 M, as well as many indicators such as Price To Sales Ratio of 1.6, Dividend Yield of 0.052 or PTB Ratio of 0.64. Chatham financial statements analysis is a perfect complement when working with Chatham Lodging Valuation or Volatility modules.
Chatham | Price To Sales Ratio |
Latest Chatham Lodging's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Chatham Lodging Trust over the last few years. Price to Sales Ratio is figured by comparing Chatham Lodging Trust stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Chatham Lodging sales, a figure that is much harder to manipulate than other Chatham Lodging Trust 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. Chatham Lodging's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Chatham Lodging's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 1.59 X | 10 Years Trend |
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Price To Sales Ratio |
| Timeline |
Chatham Price To Sales Ratio Regression Statistics
| Arithmetic Mean | 2.78 | |
| Geometric Mean | 2.66 | |
| Coefficient Of Variation | 30.36 | |
| Mean Deviation | 0.67 | |
| Median | 2.68 | |
| Standard Deviation | 0.84 | |
| Sample Variance | 0.71 | |
| Range | 2.7292 | |
| R-Value | (0.46) | |
| Mean Square Error | 0.60 | |
| R-Squared | 0.21 | |
| Significance | 0.08 | |
| Slope | (0.09) | |
| Total Sum of Squares | 9.98 |
Chatham Price To Sales Ratio History
About Chatham Lodging Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Chatham Lodging income statement, its balance sheet, and the statement of cash flows. Chatham Lodging investors use historical funamental indicators, such as Chatham Lodging's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Chatham Lodging investors may use each financial statement separately, they are all related. The changes in Chatham Lodging's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Chatham Lodging'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 Chatham Lodging Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Chatham Lodging. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 1.68 | 1.60 |
Pair Trading with Chatham Lodging
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 Chatham Lodging 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 Chatham Lodging will appreciate offsetting losses from the drop in the long position's value.Moving together with Chatham Stock
Moving against Chatham Stock
| 0.88 | HR | Healthcare Realty Trust | PairCorr |
| 0.83 | WELL | Welltower | PairCorr |
| 0.83 | AVB | AvalonBay Communities | PairCorr |
| 0.82 | ELME | Elme Communities | PairCorr |
| 0.81 | ADC | Agree Realty | PairCorr |
The ability to find closely correlated positions to Chatham Lodging could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chatham Lodging 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 Chatham Lodging - 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 Chatham Lodging Trust to buy it.
The correlation of Chatham Lodging 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 Chatham Lodging moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chatham Lodging Trust 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 Chatham Lodging 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 Chatham Stock Analysis
When running Chatham Lodging's price analysis, check to measure Chatham Lodging'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 Chatham Lodging is operating at the current time. Most of Chatham Lodging's value examination focuses on studying past and present price action to predict the probability of Chatham Lodging's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chatham Lodging's price. Additionally, you may evaluate how the addition of Chatham Lodging to your portfolios can decrease your overall portfolio volatility.