United Pe Ratio from 2010 to 2024
| UPS Stock | USD 135.65 0.76 0.56% |
PE Ratio | First Reported 2010-12-31 | Previous Quarter 20.13425313 | Current Value 19.13 | Quarterly Volatility 27.96102237 |
Check United Parcel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among United Parcel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.1 B, Total Revenue of 60.3 B or Gross Profit of 18.3 B, as well as many indicators such as Price To Sales Ratio of 1.97, Dividend Yield of 0.0418 or PTB Ratio of 7.41. United financial statements analysis is a perfect complement when working with United Parcel Valuation or Volatility modules.
United | Pe Ratio |
Latest United Parcel's Pe Ratio Growth Pattern
Below is the plot of the Pe Ratio of United Parcel Service over the last few years. It is United Parcel's PE Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in United Parcel's overall financial position and show how it may be relating to other accounts over time.
| Pe Ratio | 10 Years Trend |
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Pe Ratio |
| Timeline |
United Pe Ratio Regression Statistics
| Arithmetic Mean | 32.68 | |
| Geometric Mean | 26.24 | |
| Coefficient Of Variation | 85.56 | |
| Mean Deviation | 18.95 | |
| Median | 21.14 | |
| Standard Deviation | 27.96 | |
| Sample Variance | 781.82 | |
| Range | 95.6022 | |
| R-Value | (0.19) | |
| Mean Square Error | 810.12 | |
| R-Squared | 0.04 | |
| Significance | 0.49 | |
| Slope | (1.22) | |
| Total Sum of Squares | 10,945 |
United Pe Ratio History
About United Parcel Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include United Parcel income statement, its balance sheet, and the statement of cash flows. United Parcel investors use historical funamental indicators, such as United Parcel's Pe Ratio, to determine how well the company is positioned to perform in the future. Although United Parcel investors may use each financial statement separately, they are all related. The changes in United Parcel's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on United Parcel'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 United Parcel Financial Statements. Understanding these patterns can help to make the right decision on long term investment in United Parcel. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| PE Ratio | 20.13 | 19.13 |
Pair Trading with United Parcel
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 United Parcel 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 United Parcel will appreciate offsetting losses from the drop in the long position's value.Moving together with United Stock
Moving against United Stock
| 0.62 | SORT | incjet Holding | PairCorr |
| 0.5 | CHRW | CH Robinson Worldwide | PairCorr |
| 0.47 | AIRT | Air T Inc | PairCorr |
| 0.45 | PBI | Pitney Bowes | PairCorr |
| 0.44 | ZTO | ZTO Express Sell-off Trend | PairCorr |
The ability to find closely correlated positions to United Parcel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace United Parcel 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 United Parcel - 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 United Parcel Service to buy it.
The correlation of United Parcel 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 United Parcel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if United Parcel Service 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 United Parcel 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 United Stock Analysis
When running United Parcel's price analysis, check to measure United Parcel'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 United Parcel is operating at the current time. Most of United Parcel's value examination focuses on studying past and present price action to predict the probability of United Parcel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Parcel's price. Additionally, you may evaluate how the addition of United Parcel to your portfolios can decrease your overall portfolio volatility.