Dime Price To Sales Ratio from 2010 to 2024
| DCOM Stock | USD 19.07 0.39 2.09% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 2.91512416 | Current Value 4.85 | Quarterly Volatility 1.05559842 |
Check Dime Community financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dime main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.8 M, Interest Expense of 307.4 M or Selling General Administrative of 140.6 M, as well as many exotic indicators such as Price To Sales Ratio of 4.85, Dividend Yield of 0.0258 or PTB Ratio of 1.62. Dime financial statements analysis is a perfect complement when working with Dime Community Valuation or Volatility modules.
Dime | Price To Sales Ratio |
Latest Dime Community's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Dime Community Bancshares over the last few years. Price to Sales Ratio is figured by comparing Dime Community Bancshares stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Dime Community sales, a figure that is much harder to manipulate than other Dime Community Bancshares 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. Dime Community's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Dime Community's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 2.06 X | 10 Years Trend |
|
Price To Sales Ratio |
| Timeline |
Dime Price To Sales Ratio Regression Statistics
| Arithmetic Mean | 3.47 | |
| Geometric Mean | 3.29 | |
| Coefficient Of Variation | 30.45 | |
| Mean Deviation | 0.85 | |
| Median | 3.42 | |
| Standard Deviation | 1.06 | |
| Sample Variance | 1.11 | |
| Range | 3.4435 | |
| R-Value | 0.1 | |
| Mean Square Error | 1.19 | |
| R-Squared | 0.01 | |
| Significance | 0.73 | |
| Slope | 0.02 | |
| Total Sum of Squares | 15.60 |
Dime Price To Sales Ratio History
About Dime Community Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Dime Community income statement, its balance sheet, and the statement of cash flows. Dime Community investors use historical funamental indicators, such as Dime Community's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Dime Community investors may use each financial statement separately, they are all related. The changes in Dime Community's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Dime Community'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 Dime Community Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Dime Community. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 2.92 | 4.85 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Dime Community in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Dime Community's short interest history, or implied volatility extrapolated from Dime Community options trading.
Pair Trading with Dime Community
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 Dime Community 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 Dime Community will appreciate offsetting losses from the drop in the long position's value.Moving together with Dime Stock
| 0.72 | AX | Axos Financial Earnings Call This Week | PairCorr |
| 0.9 | BY | Byline Bancorp Earnings Call This Week | PairCorr |
Moving against Dime Stock
| 0.81 | KB | KB Financial Group Earnings Call This Week | PairCorr |
| 0.76 | NU | Nu Holdings Financial Report 20th of May 2024 | PairCorr |
| 0.76 | WF | Woori Financial Group Financial Report 21st of May 2024 | PairCorr |
| 0.64 | TFC-PI | Truist Financial | PairCorr |
| 0.63 | CFG-PD | Citizens Financial | PairCorr |
The ability to find closely correlated positions to Dime Community could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dime Community 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 Dime Community - 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 Dime Community Bancshares to buy it.
The correlation of Dime Community 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 Dime Community moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dime Community Bancshares 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 Dime Community 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 Dime Community Correlation against competitors. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Dime Stock analysis
When running Dime Community's price analysis, check to measure Dime Community'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 Dime Community is operating at the current time. Most of Dime Community's value examination focuses on studying past and present price action to predict the probability of Dime Community's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dime Community's price. Additionally, you may evaluate how the addition of Dime Community to your portfolios can decrease your overall portfolio volatility.
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Is Dime Community'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 Dime Community. If investors know Dime 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 Dime Community 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 (0.63) | Dividend Share 0.99 | Earnings Share 2.29 | Revenue Per Share 9.165 | Quarterly Revenue Growth (0.25) |
The market value of Dime Community Bancshares is measured differently than its book value, which is the value of Dime that is recorded on the company's balance sheet. Investors also form their own opinion of Dime Community's value that differs from its market value or its book value, called intrinsic value, which is Dime Community'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 Dime Community's market value can be influenced by many factors that don't directly affect Dime Community'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 Dime Community's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dime Community is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dime Community'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.