Diamond Price To Sales Ratio from 2010 to 2024
| DHIL Stock | USD 151.37 0.49 0.32% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 3.57491111 | Current Value 3.75 | Quarterly Volatility 229.64345003 |
Check Diamond Hill financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Diamond main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 M, Interest Expense of 36.2 M or Selling General Administrative of 12.7 M, as well as many exotic indicators such as Price To Sales Ratio of 3.75, Dividend Yield of 0.0344 or PTB Ratio of 4.55. Diamond financial statements analysis is a perfect complement when working with Diamond Hill Valuation or Volatility modules.
Diamond | Price To Sales Ratio |
Latest Diamond Hill's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Diamond Hill Investment over the last few years. Price to Sales Ratio is figured by comparing Diamond Hill Investment stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Diamond Hill sales, a figure that is much harder to manipulate than other Diamond Hill Investment 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. Diamond Hill's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Diamond Hill's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 3.11 X | 10 Years Trend |
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Price To Sales Ratio |
| Timeline |
Diamond Price To Sales Ratio Regression Statistics
| Arithmetic Mean | (55.29) | |
| Coefficient Of Variation | (415.36) | |
| Mean Deviation | 110.68 | |
| Median | 3.72 | |
| Standard Deviation | 229.64 | |
| Sample Variance | 52,736 | |
| Range | 891 | |
| R-Value | 0.43 | |
| Mean Square Error | 46,176 | |
| R-Squared | 0.19 | |
| Significance | 0.11 | |
| Slope | 22.20 | |
| Total Sum of Squares | 738,306 |
Diamond Price To Sales Ratio History
About Diamond Hill Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Diamond Hill income statement, its balance sheet, and the statement of cash flows. Diamond Hill investors use historical funamental indicators, such as Diamond Hill's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Diamond Hill investors may use each financial statement separately, they are all related. The changes in Diamond Hill's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Diamond Hill'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 Diamond Hill Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Diamond Hill. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 3.57 | 3.75 |
Pair Trading with Diamond Hill
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 Diamond Hill 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 Diamond Hill will appreciate offsetting losses from the drop in the long position's value.Moving against Diamond Stock
| 0.67 | AXP | American Express Financial Report 19th of July 2024 | PairCorr |
| 0.49 | L | Loews Corp Earnings Call This Week | PairCorr |
| 0.48 | V | Visa Class A Financial Report 23rd of July 2024 | PairCorr |
| 0.47 | SAI | SAITECH Global | PairCorr |
| 0.47 | C | Citigroup Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Diamond Hill could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Diamond Hill 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 Diamond Hill - 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 Diamond Hill Investment to buy it.
The correlation of Diamond Hill 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 Diamond Hill moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Diamond Hill Investment 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 Diamond Hill 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 Diamond Hill Correlation against competitors. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Diamond Stock analysis
When running Diamond Hill's price analysis, check to measure Diamond Hill'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 Diamond Hill is operating at the current time. Most of Diamond Hill's value examination focuses on studying past and present price action to predict the probability of Diamond Hill's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diamond Hill's price. Additionally, you may evaluate how the addition of Diamond Hill to your portfolios can decrease your overall portfolio volatility.
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Is Diamond Hill'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 Diamond Hill. If investors know Diamond 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 Diamond Hill 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 (0.04) | Dividend Share 6 | Earnings Share 14.31 | Revenue Per Share 46.366 | Quarterly Revenue Growth (0.03) |
The market value of Diamond Hill Investment is measured differently than its book value, which is the value of Diamond that is recorded on the company's balance sheet. Investors also form their own opinion of Diamond Hill's value that differs from its market value or its book value, called intrinsic value, which is Diamond Hill'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 Diamond Hill's market value can be influenced by many factors that don't directly affect Diamond Hill'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 Diamond Hill's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diamond Hill is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diamond Hill'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.