VerticalScope Pb Ratio from 2010 to 2026
| FORA Stock | 2.97 0.01 0.34% |
PB Ratio | First Reported 2010-12-31 | Previous Quarter 1.67 | Current Value 1.76 | Quarterly Volatility 8.46566754 |
Check VerticalScope Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among VerticalScope Holdings' main balance sheet or income statement drivers, such as Tax Provision of 2.1 M, Interest Income of 4.9 M or Depreciation And Amortization of 20.4 M, as well as many indicators such as Price To Sales Ratio of 4.59, Dividend Yield of 0.0 or PTB Ratio of 1.76. VerticalScope financial statements analysis is a perfect complement when working with VerticalScope Holdings Valuation or Volatility modules.
VerticalScope | Pb Ratio |
Latest VerticalScope Holdings' Pb Ratio Growth Pattern
Below is the plot of the Pb Ratio of VerticalScope Holdings over the last few years. It is VerticalScope Holdings' PB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in VerticalScope Holdings' overall financial position and show how it may be relating to other accounts over time.
| Pb Ratio | 10 Years Trend |
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Pb Ratio |
| Timeline |
VerticalScope Pb Ratio Regression Statistics
| Arithmetic Mean | (8.96) | |
| Coefficient Of Variation | (94.45) | |
| Mean Deviation | 7.81 | |
| Median | (14.92) | |
| Standard Deviation | 8.47 | |
| Sample Variance | 71.67 | |
| Range | 20.9338 | |
| R-Value | 0.81 | |
| Mean Square Error | 26.57 | |
| R-Squared | 0.65 | |
| Significance | 0.000088 | |
| Slope | 1.35 | |
| Total Sum of Squares | 1,147 |
VerticalScope Pb Ratio History
About VerticalScope Holdings Financial Statements
VerticalScope Holdings investors utilize fundamental indicators, such as Pb Ratio, to predict how VerticalScope Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| PB Ratio | 1.67 | 1.76 |
Pair Trading with VerticalScope Holdings
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 VerticalScope Holdings 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 VerticalScope Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against VerticalScope Stock
| 0.8 | SFI | Solution Financial Earnings Call This Week | PairCorr |
| 0.55 | LNR | Linamar | PairCorr |
| 0.53 | MUSH | Good Shroom | PairCorr |
| 0.5 | AYA | Aya Gold Silver | PairCorr |
| 0.48 | DGS | Dividend Growth Split | PairCorr |
The ability to find closely correlated positions to VerticalScope Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VerticalScope Holdings 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 VerticalScope Holdings - 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 VerticalScope Holdings to buy it.
The correlation of VerticalScope Holdings 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 VerticalScope Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VerticalScope Holdings 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 VerticalScope Holdings 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.Other Information on Investing in VerticalScope Stock
VerticalScope Holdings financial ratios help investors to determine whether VerticalScope Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in VerticalScope with respect to the benefits of owning VerticalScope Holdings security.