Exela Technologies Preferred Preferred Stock Return On Asset
| XELAPDelisted Preferred Stock | USD 0.72 0.13 15.29% |
Exela Technologies Preferred fundamentals help investors to digest information that contributes to Exela Technologies' financial success or failures. It also enables traders to predict the movement of Exela Pink Sheet. The fundamental analysis module provides a way to measure Exela Technologies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Exela Technologies pink sheet.
Exela |
Exela Technologies Preferred Company Return On Asset Analysis
Exela Technologies' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Exela Technologies Return On Asset | -0.0343 |
Most of Exela Technologies' fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Exela Technologies Preferred is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
CompetitionBased on the latest financial disclosure, Exela Technologies Preferred has a Return On Asset of -0.0343. This is 98.81% lower than that of the Technology sector and significantly lower than that of the Software—Application industry. The return on asset for all United States preferred stocks is 75.5% lower than that of the firm.
Exela Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Exela Technologies' direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Exela Technologies could also be used in its relative valuation, which is a method of valuing Exela Technologies by comparing valuation metrics of similar companies.Exela Technologies is currently under evaluation in return on asset category among its peers.
Exela Fundamentals
| Return On Asset | -0.0343 | ||||
| Profit Margin | (0.26) % | ||||
| Operating Margin | (0.05) % | ||||
| Shares Owned By Institutions | 18.28 % | ||||
| Number Of Shares Shorted | 9.88 K | ||||
| Revenue | 1.17 B | ||||
| Gross Profit | 277.51 M | ||||
| EBITDA | 114.46 M | ||||
| Net Income | (79.2 M) | ||||
| Cash And Equivalents | 50.26 M | ||||
| Cash Per Share | 0.77 X | ||||
| Total Debt | 1.1 B | ||||
| Current Ratio | 0.45 X | ||||
| Book Value Per Share | (8.09) X | ||||
| Cash Flow From Operations | 70.19 M | ||||
| Short Ratio | 1.52 X | ||||
| Earnings Per Share | (0.86) X | ||||
| Number Of Employees | 16.5 K | ||||
| Beta | 1.66 | ||||
| Total Asset | 1.04 B | ||||
| Z Score | 1.0 | ||||
| Annual Yield | 0.85 % | ||||
| Net Asset | 1.04 B |
About Exela Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Exela Technologies Preferred's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Exela Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Exela Technologies Preferred based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Exela Technologies
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 Exela Technologies 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 Exela Technologies will appreciate offsetting losses from the drop in the long position's value.Moving against Exela Pink Sheet
| 0.81 | AI | C3 Ai Inc Trending | PairCorr |
| 0.76 | ML | MoneyLion | PairCorr |
| 0.76 | VERX | Vertex | PairCorr |
| 0.72 | ZM | Zoom Video Communications | PairCorr |
| 0.71 | DJCO | Daily Journal Corp | PairCorr |
The ability to find closely correlated positions to Exela Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Exela Technologies 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 Exela Technologies - 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 Exela Technologies Preferred to buy it.
The correlation of Exela Technologies 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 Exela Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Exela Technologies 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 Exela Technologies 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 Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Other Consideration for investing in Exela Pink Sheet
If you are still planning to invest in Exela Technologies check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Exela Technologies' history and understand the potential risks before investing.
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