VOXX International Price to Earning vs. Price to Sales
| VOXX Stock | USD 7.28 0.08 1.11% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.16 | 0.1127 |
|
|
For VOXX International profitability analysis, we use financial ratios and fundamental drivers that measure the ability of VOXX International to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well VOXX International utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between VOXX International's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of VOXX International over time as well as its relative position and ranking within its peers.
VOXX |
Is VOXX International'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 VOXX International. If investors know VOXX 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 VOXX International 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 (0.73) | Earnings Share (1.64) | Revenue Per Share 21.027 | Quarterly Revenue Growth (0.05) | Return On Assets (0.02) |
The market value of VOXX International is measured differently than its book value, which is the value of VOXX that is recorded on the company's balance sheet. Investors also form their own opinion of VOXX International's value that differs from its market value or its book value, called intrinsic value, which is VOXX International'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 VOXX International's market value can be influenced by many factors that don't directly affect VOXX International'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 VOXX International's value and its price as these two are different measures arrived at by different means. Investors typically determine if VOXX International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VOXX International'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.
VOXX International Price to Sales vs. Price to Earning Fundamental Analysis
VOXX Price to Sales vs. Price to Earning
VOXX International | = | null |
VOXX International | = | null |
Use VOXX International in pair-trading
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 VOXX International 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 VOXX International will appreciate offsetting losses from the drop in the long position's value.VOXX International Pair Trading
VOXX International Pair Trading Analysis
The ability to find closely correlated positions to VOXX International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VOXX International 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 VOXX International - 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 VOXX International to buy it.
The correlation of VOXX International 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 VOXX International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VOXX International 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 VOXX International 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.Use Investing Themes to Complement your VOXX International position
In addition to having VOXX International in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Printing and Publishing Thematic Idea Now
Printing and Publishing
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Printing and Publishing theme has 20 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Printing and Publishing Theme or any other thematic opportunities.
| View All Next | Launch |
Check out World Market Map. For more information on how to buy VOXX Stock please use our How to Invest in VOXX International guide.You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for VOXX Stock analysis
When running VOXX International's price analysis, check to measure VOXX International'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 VOXX International is operating at the current time. Most of VOXX International's value examination focuses on studying past and present price action to predict the probability of VOXX International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VOXX International's price. Additionally, you may evaluate how the addition of VOXX International to your portfolios can decrease your overall portfolio volatility.
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format |
To fully project VOXX International's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of VOXX International at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include VOXX International's income statement, its balance sheet, and the statement of cash flows.