XFOR Debt To Equity from 2010 to 2024
| XFOR Stock | USD 0.34 0.03 8.11% |
Debt To Equity | First Reported 2010-12-31 | Previous Quarter 1.08943424 | Current Value 1.14 | Quarterly Volatility 0.47993928 |
Check X4 Pharmaceuticals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among X4 Pharmaceuticals' main balance sheet or income statement drivers, such as Interest Income of 3.5 M, Depreciation And Amortization of 398.1 K or Interest Expense of 3 M, as well as many indicators such as Price To Sales Ratio of 40.66, Dividend Yield of 0.0 or PTB Ratio of 3.06. XFOR financial statements analysis is a perfect complement when working with X4 Pharmaceuticals Valuation or Volatility modules.
XFOR | Debt To Equity |
Latest X4 Pharmaceuticals' Debt To Equity Growth Pattern
Below is the plot of the Debt To Equity of X4 Pharmaceuticals over the last few years. It is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. X4 Pharmaceuticals' Debt To Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in X4 Pharmaceuticals' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 1.28 % | 10 Years Trend |
|
Debt To Equity |
| Timeline |
XFOR Debt To Equity Regression Statistics
| Arithmetic Mean | 0.20 | |
| Coefficient Of Variation | 240.22 | |
| Mean Deviation | 0.40 | |
| Median | 0.16 | |
| Standard Deviation | 0.48 | |
| Sample Variance | 0.23 | |
| Range | 1.4098 | |
| R-Value | 0.90 | |
| Mean Square Error | 0.05 | |
| R-Squared | 0.82 | |
| Slope | 0.1 | |
| Total Sum of Squares | 3.22 |
XFOR Debt To Equity History
About X4 Pharmaceuticals Financial Statements
X4 Pharmaceuticals shareholders use historical fundamental indicators, such as Debt To Equity, to determine how well the company is positioned to perform in the future. Although X4 Pharmaceuticals investors may analyze each financial statement separately, they are all interrelated. The changes in X4 Pharmaceuticals' assets and liabilities, for example, are also reflected in the revenues and expenses on on X4 Pharmaceuticals' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Debt To Equity | 1.09 | 1.14 |
Pair Trading with X4 Pharmaceuticals
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 X4 Pharmaceuticals 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 X4 Pharmaceuticals will appreciate offsetting losses from the drop in the long position's value.Moving together with XFOR Stock
| 0.82 | ME | 23Andme Holding | PairCorr |
| 0.76 | VALN | Valneva SE ADR | PairCorr |
| 0.66 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
Moving against XFOR Stock
| 0.64 | KZR | Kezar Life Sciences | PairCorr |
| 0.37 | MLYS | Mineralys Therapeutics, | PairCorr |
| 0.31 | MDGL | Madrigal Pharmaceuticals | PairCorr |
The ability to find closely correlated positions to X4 Pharmaceuticals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace X4 Pharmaceuticals 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 X4 Pharmaceuticals - 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 X4 Pharmaceuticals to buy it.
The correlation of X4 Pharmaceuticals 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 X4 Pharmaceuticals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if X4 Pharmaceuticals 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 X4 Pharmaceuticals 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.Additional Tools for XFOR Stock Analysis
When running X4 Pharmaceuticals' price analysis, check to measure X4 Pharmaceuticals' 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 X4 Pharmaceuticals is operating at the current time. Most of X4 Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of X4 Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move X4 Pharmaceuticals' price. Additionally, you may evaluate how the addition of X4 Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.