Xtract One Technologies Stock Five Year Return
| XTRA Stock | 0.67 0.01 1.47% |
Xtract One Technologies fundamentals help investors to digest information that contributes to Xtract One's financial success or failures. It also enables traders to predict the movement of Xtract Stock. The fundamental analysis module provides a way to measure Xtract One's 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 Xtract One stock.
Xtract | Five Year Return |
Xtract One Technologies Company Five Year Return Analysis
Xtract One's Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
More About Five Year Return | All Equity Analysis
Five Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Xtract Five Year Return Driver Correlations
Understanding the fundamental principles of building solid financial models for Xtract One is extremely important. It helps to project a fair market value of Xtract Stock properly, considering its historical fundamentals such as Five Year Return. Since Xtract One's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Xtract One's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Xtract One's interrelated accounts and indicators.
Click cells to compare fundamentals
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
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Xtract Return On Tangible Assets
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According to the company disclosure, Xtract One Technologies has a Five Year Return of 0.0%. This indicator is about the same for the Software average (which is currently at 0.0) sector and about the same as Information Technology (which currently averages 0.0) industry. This indicator is about the same for all Canada stocks average (which is currently at 0.0).
Xtract Five Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Xtract One's direct or indirect competition against its Five Year Return to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Xtract One could also be used in its relative valuation, which is a method of valuing Xtract One by comparing valuation metrics of similar companies.Xtract One is currently under evaluation in five year return category among its peers.
Xtract One Current Valuation Drivers
We derive many important indicators used in calculating different scores of Xtract One from analyzing Xtract One's financial statements. These drivers represent accounts that assess Xtract One's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Xtract One's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 138.3M | 73.1M | 81.0M | 141.3M | 146.8M | 154.1M | |
| Enterprise Value | 116.9M | 64.4M | 75.4M | 133.4M | 138.5M | 145.4M |
Xtract Fundamentals
| Return On Equity | -0.77 | ||||
| Return On Asset | -0.32 | ||||
| Profit Margin | (0.68) % | ||||
| Operating Margin | (0.43) % | ||||
| Current Valuation | 138.08 M | ||||
| Shares Outstanding | 218.4 M | ||||
| Shares Owned By Insiders | 15.15 % | ||||
| Shares Owned By Institutions | 0.54 % | ||||
| Number Of Shares Shorted | 1.14 M | ||||
| Price To Book | 10.47 X | ||||
| Price To Sales | 8.95 X | ||||
| Revenue | 4.11 M | ||||
| Gross Profit | 2.84 M | ||||
| EBITDA | (13.72 M) | ||||
| Net Income | (16.34 M) | ||||
| Total Debt | 356.84 K | ||||
| Book Value Per Share | 0.06 X | ||||
| Cash Flow From Operations | (13.54 M) | ||||
| Short Ratio | 12.21 X | ||||
| Earnings Per Share | (0.05) X | ||||
| Target Price | 1.4 | ||||
| Number Of Employees | 69 | ||||
| Beta | 1.08 | ||||
| Market Capitalization | 152.88 M | ||||
| Total Asset | 19 M | ||||
| Retained Earnings | (135.5 M) | ||||
| Net Asset | 19 M |
About Xtract One Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Xtract One Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Xtract One using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Xtract One Technologies 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 Xtract One
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 Xtract One 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 Xtract One will appreciate offsetting losses from the drop in the long position's value.Moving together with Xtract Stock
Moving against Xtract Stock
| 0.58 | DELX | DelphX Capital Markets Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Xtract One could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Xtract One 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 Xtract One - 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 Xtract One Technologies to buy it.
The correlation of Xtract One 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 Xtract One moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Xtract One 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 Xtract One 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.Other Information on Investing in Xtract Stock
Xtract One financial ratios help investors to determine whether Xtract Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Xtract with respect to the benefits of owning Xtract One security.