Crexendo Capital Expenditure Coverage Ratio from 2010 to 2024

CXDO Stock  USD 5.38  0.12  2.28%   
Crexendo Capital Expenditure Coverage Ratio yearly trend continues to be very stable with very little volatility. Capital Expenditure Coverage Ratio is likely to grow to 39.93 this year. During the period from 2010 to 2024, Crexendo Capital Expenditure Coverage Ratio quarterly data regression pattern had sample variance of  22,659 and median of (0.10). View All Fundamentals
 
Capital Expenditure Coverage Ratio  
First Reported
2010-12-31
Previous Quarter
38.0326087
Current Value
39.93
Quarterly Volatility
150.52826319
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Crexendo financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Crexendo's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.8 M, Interest Expense of 206.5 K or Selling General Administrative of 15.2 M, as well as many indicators such as Price To Sales Ratio of 3.32, Dividend Yield of 0.001 or PTB Ratio of 4.49. Crexendo financial statements analysis is a perfect complement when working with Crexendo Valuation or Volatility modules.
  
Check out the analysis of Crexendo Correlation against competitors.
To learn how to invest in Crexendo Stock, please use our How to Invest in Crexendo guide.

Latest Crexendo's Capital Expenditure Coverage Ratio Growth Pattern

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

Crexendo Capital Expenditure Coverage Ratio Regression Statistics

Arithmetic Mean(31.42)
Geometric Mean12.67
Coefficient Of Variation(479.13)
Mean Deviation87.17
Median(0.10)
Standard Deviation150.53
Sample Variance22,659
Range607
R-Value0.31
Mean Square Error22,130
R-Squared0.09
Significance0.27
Slope10.27
Total Sum of Squares317,223

Crexendo Capital Expenditure Coverage Ratio History

2024 39.93
2023 38.03
2022 -1.42
2021 -0.1
2020 0.7
2019 22.75

About Crexendo Financial Statements

Crexendo investors utilize fundamental indicators, such as Capital Expenditure Coverage Ratio, to predict how Crexendo 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 ReportedProjected for Next Year
Capital Expenditure Coverage Ratio 38.03  39.93 

Pair Trading with Crexendo

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

Moving together with Crexendo Stock

  0.7S SentinelOnePairCorr

Moving against Crexendo Stock

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The ability to find closely correlated positions to Crexendo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crexendo 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 Crexendo - 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 Crexendo to buy it.
The correlation of Crexendo 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 Crexendo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crexendo 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 Crexendo 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
When determining whether Crexendo offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Crexendo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Crexendo Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Crexendo Stock:
Check out the analysis of Crexendo Correlation against competitors.
To learn how to invest in Crexendo Stock, please use our How to Invest in Crexendo guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Internet Services & Infrastructure space 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 Crexendo. If investors know Crexendo 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 Crexendo 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
(0.92)
Earnings Share
0.05
Revenue Per Share
2.219
Quarterly Revenue Growth
0.126
Return On Assets
0.0131
The market value of Crexendo is measured differently than its book value, which is the value of Crexendo that is recorded on the company's balance sheet. Investors also form their own opinion of Crexendo's value that differs from its market value or its book value, called intrinsic value, which is Crexendo'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 Crexendo's market value can be influenced by many factors that don't directly affect Crexendo'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 Crexendo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Crexendo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crexendo'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.