Saratoga Price Book Value Ratio from 2010 to 2024

SAR Stock  USD 24.04  0.22  0.91%   
Saratoga Investment Price Book Value Ratio yearly trend continues to be relatively stable with very little volatility. Price Book Value Ratio is likely to grow to 0.85 this year. During the period from 2010 to 2024, Saratoga Investment Price Book Value Ratio destribution of quarterly values had r-value of  0.43 from its regression line and median of  0.85. View All Fundamentals
 
Price Book Value Ratio  
First Reported
2010-12-31
Previous Quarter
0.80805346
Current Value
0.85
Quarterly Volatility
4.6 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Saratoga Investment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Saratoga Investment's main balance sheet or income statement drivers, such as Interest Expense of 51.6 M, Selling General Administrative of 5.3 M or Gross Profit of 118.4 M, as well as many indicators such as Price To Sales Ratio of 3.8, Dividend Yield of 0.11 or PTB Ratio of 0.85. Saratoga financial statements analysis is a perfect complement when working with Saratoga Investment Valuation or Volatility modules.
  
Check out the analysis of Saratoga Investment Correlation against competitors.

Latest Saratoga Investment's Price Book Value Ratio Growth Pattern

Below is the plot of the Price Book Value Ratio of Saratoga Investment Corp over the last few years. It is Saratoga Investment's Price Book Value Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Saratoga Investment's overall financial position and show how it may be relating to other accounts over time.
Price Book Value Ratio10 Years Trend
Slightly volatile
   Price Book Value Ratio   
       Timeline  

Saratoga Price Book Value Ratio Regression Statistics

Arithmetic Mean(1,189)
Coefficient Of Variation(387.57)
Mean Deviation2,221
Median0.85
Standard Deviation4,609
Sample Variance21.2M
Range17.9K
R-Value0.43
Mean Square Error18.6M
R-Squared0.19
Significance0.11
Slope446.28
Total Sum of Squares297.4M

Saratoga Price Book Value Ratio History

2023 0.81
2022 0.95
2021 0.88
2019 0.85
2018 0.9
2017 0.92

About Saratoga Investment Financial Statements

Saratoga Investment shareholders use historical fundamental indicators, such as Price Book Value Ratio, to determine how well the company is positioned to perform in the future. Although Saratoga Investment investors may analyze each financial statement separately, they are all interrelated. The changes in Saratoga Investment's assets and liabilities, for example, are also reflected in the revenues and expenses on on Saratoga Investment's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Price Book Value Ratio 0.81  0.85 

Pair Trading with Saratoga Investment

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 Saratoga Investment 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 Saratoga Investment will appreciate offsetting losses from the drop in the long position's value.

Moving together with Saratoga Stock

  0.83V Visa Class APairCorr
  0.84MA MastercardPairCorr
  0.85MS Morgan Stanley Fiscal Year End 21st of January 2025 PairCorr

Moving against Saratoga Stock

  0.61WU Western UnionPairCorr
  0.59FCFS FirstCashPairCorr
  0.37PT Pintec TechnologyPairCorr
The ability to find closely correlated positions to Saratoga Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Saratoga Investment 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 Saratoga Investment - 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 Saratoga Investment Corp to buy it.
The correlation of Saratoga Investment 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 Saratoga Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Saratoga Investment Corp 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 Saratoga Investment 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.
Pair CorrelationCorrelation Matching

Additional Tools for Saratoga Stock Analysis

When running Saratoga Investment's price analysis, check to measure Saratoga Investment'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 Saratoga Investment is operating at the current time. Most of Saratoga Investment's value examination focuses on studying past and present price action to predict the probability of Saratoga Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Saratoga Investment's price. Additionally, you may evaluate how the addition of Saratoga Investment to your portfolios can decrease your overall portfolio volatility.