QXO Net Income Applicable To Common Shares from 2010 to 2026
| QXO Stock | 23.52 0.29 1.22% |
Net Loss | First Reported 2010-12-31 | Previous Quarter -20.7 M | Current Value -19.7 M | Quarterly Volatility 8.2 M |
Check QXO financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among QXO's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.4 M, Interest Expense of 51.3 K or Total Revenue of 68.7 M, as well as many indicators such as Price To Sales Ratio of 125, Dividend Yield of 0.0072 or PTB Ratio of 1.1. QXO financial statements analysis is a perfect complement when working with QXO Valuation or Volatility modules.
QXO | Net Income Applicable To Common Shares | Build AI portfolio with QXO Stock |
Latest QXO's Net Income Applicable To Common Shares Growth Pattern
Below is the plot of the Net Income Applicable To Common Shares of QXO Inc over the last few years. It is the net income that remains after preferred dividends have been deducted, available to common shareholders. QXO's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in QXO's overall financial position and show how it may be relating to other accounts over time.
| Net Income Applicable To Common Shares | 10 Years Trend |
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Net Income Applicable To Common Shares |
| Timeline |
QXO Net Income Applicable To Common Shares Regression Statistics
| Arithmetic Mean | (4,011,133) | |
| Coefficient Of Variation | (204.49) | |
| Mean Deviation | 6,049,059 | |
| Median | (282,220) | |
| Standard Deviation | 8,202,485 | |
| Sample Variance | 67.3T | |
| Range | 22.7M | |
| R-Value | (0.66) | |
| Mean Square Error | 40.3T | |
| R-Squared | 0.44 | |
| Significance | 0 | |
| Slope | (1,075,553) | |
| Total Sum of Squares | 1076.5T |
QXO Net Income Applicable To Common Shares History
About QXO Financial Statements
QXO investors utilize fundamental indicators, such as Net Income Applicable To Common Shares, to predict how QXO 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 | ||
| Net Loss | -20.7 M | -19.7 M |
Pair Trading with QXO
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 QXO 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 QXO will appreciate offsetting losses from the drop in the long position's value.Moving together with QXO Stock
Moving against QXO Stock
| 0.59 | 600546 | Shanxi Coal International | PairCorr |
| 0.5 | 600500 | Sinochem International | PairCorr |
| 0.34 | 600203 | Fujian Furi Electronics | PairCorr |
| 0.32 | FERG | Ferguson Plc | PairCorr |
The ability to find closely correlated positions to QXO could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace QXO 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 QXO - 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 QXO Inc to buy it.
The correlation of QXO 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 QXO moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if QXO Inc 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 QXO 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.Check out the analysis of QXO Correlation against competitors. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Trading Companies & Distributors 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 QXO. If investors know QXO 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 QXO listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.47) | Revenue Per Share | Quarterly Revenue Growth 207.267 | Return On Assets | Return On Equity |
The market value of QXO Inc is measured differently than its book value, which is the value of QXO that is recorded on the company's balance sheet. Investors also form their own opinion of QXO's value that differs from its market value or its book value, called intrinsic value, which is QXO'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 QXO's market value can be influenced by many factors that don't directly affect QXO'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 QXO's value and its price as these two are different measures arrived at by different means. Investors typically determine if QXO is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QXO'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.