EchoStar Price To Sales Ratio from 2010 to 2024
| SATS Stock | USD 17.43 0.79 4.34% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 0.26374929 | Current Value 0.25 | Quarterly Volatility 1.45494195 |
Check EchoStar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among EchoStar's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 B, Interest Expense of 124.2 M or Selling General Administrative of 2.2 B, as well as many indicators such as Price To Sales Ratio of 0.25, Dividend Yield of 0.0 or PTB Ratio of 0.21. EchoStar financial statements analysis is a perfect complement when working with EchoStar Valuation or Volatility modules.
EchoStar | Price To Sales Ratio |
Latest EchoStar's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of EchoStar over the last few years. Price to Sales Ratio is figured by comparing EchoStar stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on EchoStar sales, a figure that is much harder to manipulate than other EchoStar 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. EchoStar's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in EchoStar's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.23 X | 10 Years Trend |
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Price To Sales Ratio |
| Timeline |
EchoStar Price To Sales Ratio Regression Statistics
| Arithmetic Mean | 1.69 | |
| Geometric Mean | 1.25 | |
| Coefficient Of Variation | 86.28 | |
| Mean Deviation | 0.93 | |
| Median | 1.35 | |
| Standard Deviation | 1.45 | |
| Sample Variance | 2.12 | |
| Range | 5.9585 | |
| R-Value | (0.40) | |
| Mean Square Error | 1.91 | |
| R-Squared | 0.16 | |
| Significance | 0.13 | |
| Slope | (0.13) | |
| Total Sum of Squares | 29.64 |
EchoStar Price To Sales Ratio History
About EchoStar Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include EchoStar income statement, its balance sheet, and the statement of cash flows. EchoStar investors use historical funamental indicators, such as EchoStar's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although EchoStar investors may use each financial statement separately, they are all related. The changes in EchoStar's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on EchoStar'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 EchoStar Financial Statements. Understanding these patterns can help to make the right decision on long term investment in EchoStar. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 0.26 | 0.25 |
Pair Trading with EchoStar
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 EchoStar 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 EchoStar will appreciate offsetting losses from the drop in the long position's value.Moving together with EchoStar Stock
| 0.79 | ERIC | Telefonaktiebolaget Financial Report 12th of July 2024 | PairCorr |
| 0.66 | FKWL | Franklin Wireless Corp | PairCorr |
Moving against EchoStar Stock
| 0.85 | FFIV | F5 Networks Fiscal Year End 22nd of October 2024 | PairCorr |
| 0.79 | CSCO | Cisco Systems Sell-off Trend | PairCorr |
| 0.72 | JNPR | Juniper Networks | PairCorr |
| 0.59 | S | SentinelOne | PairCorr |
| 0.56 | ZS | Zscaler Fiscal Year End 3rd of September 2024 | PairCorr |
The ability to find closely correlated positions to EchoStar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EchoStar 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 EchoStar - 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 EchoStar to buy it.
The correlation of EchoStar 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 EchoStar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EchoStar 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 EchoStar 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 EchoStar Stock Analysis
When running EchoStar's price analysis, check to measure EchoStar'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 EchoStar is operating at the current time. Most of EchoStar's value examination focuses on studying past and present price action to predict the probability of EchoStar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EchoStar's price. Additionally, you may evaluate how the addition of EchoStar to your portfolios can decrease your overall portfolio volatility.