SAS AB Price to Earnings To Growth vs. Revenue
| SAS-DKK Stock | DKK 0.02 0.0005 3.09% |
For SAS AB profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SAS AB to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SAS AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SAS AB's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SAS AB over time as well as its relative position and ranking within its peers.
SAS |
SAS AB Revenue vs. Price to Earnings To Growth Fundamental Analysis
SAS Revenue vs. Price to Earnings To Growth
SAS AB | = | null |
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
SAS AB |
| = | 31.82 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
SAS Revenue vs Competition
SAS AB is currently regarded number one company in revenue category among related companies. Market size based on revenue of Airports & Air Services industry is at this time estimated at about 171.57 Billion. SAS AB retains roughly 31.82 Billion in revenue claiming about 19% of stocks in Airports & Air Services industry.
Use SAS AB 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 SAS AB 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 SAS AB will appreciate offsetting losses from the drop in the long position's value.SAS AB Pair Trading
SAS AB Pair Trading Analysis
The ability to find closely correlated positions to SAS AB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SAS AB 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 SAS AB - 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 SAS AB to buy it.
The correlation of SAS AB 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 SAS AB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SAS AB 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 SAS AB 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 SAS AB position
In addition to having SAS AB 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 Obamacare Thematic Idea Now
Obamacare
Health care services and providers including hospitals, clinics and nursing homes that hope to benefit from Obamacare program. The Obamacare theme has 37 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 Obamacare Theme or any other thematic opportunities.
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Check out World Market Map. For more information on how to buy SAS Stock please use our How to buy in SAS Stock guide.Note that the SAS AB information on this page should be used as a complementary analysis to other SAS AB's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for SAS Stock analysis
When running SAS AB's price analysis, check to measure SAS AB'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 SAS AB is operating at the current time. Most of SAS AB's value examination focuses on studying past and present price action to predict the probability of SAS AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SAS AB's price. Additionally, you may evaluate how the addition of SAS AB to your portfolios can decrease your overall portfolio volatility.
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To fully project SAS AB's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of SAS AB 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 SAS AB's income statement, its balance sheet, and the statement of cash flows.