XMax Net Income From Continuing Ops from 2010 to 2026
| XWIN Stock | 6.00 0.03 0.50% |
Net Loss | First Reported 2010-12-31 | Previous Quarter -6.4 M | Current Value -6.7 M | Quarterly Volatility 3.2 M |
Check XMax financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among XMax's main balance sheet or income statement drivers, such as Depreciation And Amortization of 614.7 K, Interest Expense of 26.7 K or Selling General Administrative of 5.9 M, as well as many indicators such as Price To Sales Ratio of 2.01, Dividend Yield of 0.0 or PTB Ratio of 4.06. XMax financial statements analysis is a perfect complement when working with XMax Valuation or Volatility modules.
XMax | Net Income From Continuing Ops | Build AI portfolio with XMax Stock |
Latest XMax's Net Income From Continuing Ops Growth Pattern
Below is the plot of the Net Income From Continuing Ops of XMax Inc over the last few years. It is XMax's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in XMax's overall financial position and show how it may be relating to other accounts over time.
| Net Income From Continuing Ops | 10 Years Trend |
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Net Income From Continuing Ops |
| Timeline |
XMax Net Income From Continuing Ops Regression Statistics
| Arithmetic Mean | (5,539,647) | |
| Coefficient Of Variation | (57.21) | |
| Mean Deviation | 1,855,808 | |
| Median | (4,225,116) | |
| Standard Deviation | 3,169,252 | |
| Sample Variance | 10T | |
| Range | 12.9M | |
| R-Value | (0.44) | |
| Mean Square Error | 8.7T | |
| R-Squared | 0.19 | |
| Significance | 0.08 | |
| Slope | (274,594) | |
| Total Sum of Squares | 160.7T |
XMax Net Income From Continuing Ops History
About XMax Financial Statements
XMax investors utilize fundamental indicators, such as Net Income From Continuing Ops, to predict how XMax 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 | -6.4 M | -6.7 M |
Pair Trading with XMax
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 XMax 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 XMax will appreciate offsetting losses from the drop in the long position's value.Moving together with XMax Stock
Moving against XMax Stock
| 0.66 | DOGZ | Dogness International | PairCorr |
| 0.64 | KTB | Kontoor Brands | PairCorr |
| 0.64 | PVH | PVH Corp | PairCorr |
| 0.57 | EZGO | EZGO Technologies | PairCorr |
| 0.55 | WLDS | Wearable Devices | PairCorr |
The ability to find closely correlated positions to XMax could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace XMax 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 XMax - 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 XMax Inc to buy it.
The correlation of XMax 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 XMax moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if XMax 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 XMax 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 XMax Correlation against competitors. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Apparel, Accessories & Luxury Goods 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 XMax. If investors know XMax 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 XMax listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of XMax Inc is measured differently than its book value, which is the value of XMax that is recorded on the company's balance sheet. Investors also form their own opinion of XMax's value that differs from its market value or its book value, called intrinsic value, which is XMax'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 XMax's market value can be influenced by many factors that don't directly affect XMax'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 XMax's value and its price as these two are different measures arrived at by different means. Investors typically determine if XMax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, XMax'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.