Almacenes Intangible Assets from 2010 to 2024

EXTO Stock   3.82  0.02  0.53%   
Almacenes Xito Intangible Assets yearly trend continues to be very stable with very little volatility. Intangible Assets are likely to drop to about 348.1 B. Intangible Assets is non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value. View All Fundamentals
 
Intangible Assets  
First Reported
2012-12-31
Previous Quarter
408.7 B
Current Value
400.1 B
Quarterly Volatility
2.8 T
 
Yuan Drop
 
Covid
Check Almacenes Xito financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Almacenes Xito's main balance sheet or income statement drivers, such as Depreciation And Amortization of 583.8 B, Selling General Administrative of 3.1 T or Total Revenue of 21.1 T, as well as many indicators such as Price To Sales Ratio of 1.79, Dividend Yield of 0.0094 or PTB Ratio of 6.2. Almacenes financial statements analysis is a perfect complement when working with Almacenes Xito Valuation or Volatility modules.
  
Check out the analysis of Almacenes Xito Correlation against competitors.

Latest Almacenes Xito's Intangible Assets Growth Pattern

Below is the plot of the Intangible Assets of Almacenes xito SA over the last few years. It is non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value. Almacenes Xito's Intangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Almacenes Xito's overall financial position and show how it may be relating to other accounts over time.
Intangible Assets10 Years Trend
Very volatile
   Intangible Assets   
       Timeline  

Almacenes Intangible Assets Regression Statistics

Arithmetic Mean1,572,047,170,000
Geometric Mean533,637,050,618
Coefficient Of Variation145.88
Mean Deviation1,919,000,709,333
Median348,050,550,000
Standard Deviation2,293,278,663,588
Sample Variance5259127028866.9T
Range5.7T
R-Value(0.01)
Mean Square Error5662942381166.3T
R-Squared0.0001
Significance0.97
Slope(5,833,232,679)
Total Sum of Squares73627778404137.2T

Almacenes Intangible Assets History

2024348.1 B
2023366.4 B
2022424.7 B
2021364 B
2020307.8 B
2019304.2 B
20185.8 T

About Almacenes Xito Financial Statements

Almacenes Xito investors utilize fundamental indicators, such as Intangible Assets, to predict how Almacenes 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
Intangible Assets366.4 B348.1 B

Pair Trading with Almacenes Xito

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

Moving together with Almacenes Stock

Moving against Almacenes Stock

  0.68NGVC Natural Grocers by TrendingPairCorr
  0.57WMK Weis MarketsPairCorr
  0.49WMT Walmart Aggressive PushPairCorr
  0.48IMKTA Ingles Markets Earnings Call This WeekPairCorr
  0.47WBUY WEBUY GLOBAL LTDPairCorr
The ability to find closely correlated positions to Almacenes Xito could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Almacenes Xito 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 Almacenes Xito - 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 Almacenes xito SA to buy it.
The correlation of Almacenes Xito 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 Almacenes Xito moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Almacenes xito SA 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 Almacenes Xito 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 Almacenes xito SA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Almacenes Xito'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 Almacenes Xito Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Almacenes Xito Sa Stock:
Check out the analysis of Almacenes Xito Correlation against competitors.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Consumer Staples Distribution & Retail 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 Almacenes Xito. If investors know Almacenes 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 Almacenes Xito listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.04
Revenue Per Share
128.8 K
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0267
Return On Equity
0.0263
The market value of Almacenes xito SA is measured differently than its book value, which is the value of Almacenes that is recorded on the company's balance sheet. Investors also form their own opinion of Almacenes Xito's value that differs from its market value or its book value, called intrinsic value, which is Almacenes Xito'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 Almacenes Xito's market value can be influenced by many factors that don't directly affect Almacenes Xito'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 Almacenes Xito's value and its price as these two are different measures arrived at by different means. Investors typically determine if Almacenes Xito is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Almacenes Xito'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.