Eqis Capital Management Inc. Has 3.52 Million Position in ... - MarketBeat
Slightly above 67% of US Xpress' investor base is looking to short. The analysis of current outlook of investing in US Xpress Enterprises suggests that many traders are alarmed regarding US Xpress' prospects. US Xpress' investing sentiment can be driven by a variety of factors including economic data, US Xpress' earnings reports, geopolitical events, and overall market trends.
USX |
Eqis Capital Management Inc. Has 3.52 Million Position in ... MarketBeat
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US Xpress Fundamental Analysis
We analyze US Xpress' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of US Xpress using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of US Xpress 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.
Current Ratio
Current Ratio Comparative Analysis
US Xpress is currently under evaluation in current ratio category among its peers. Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
US Xpress Enterprises Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with US Xpress stock to make a market-neutral strategy. Peer analysis of US Xpress could also be used in its relative valuation, which is a method of valuing US Xpress by comparing valuation metrics with similar companies.
Peers
US Xpress Related Equities
SNDR | Schneider National | 0.60 | ||||
HTLD | Heartland Express | 0.11 | ||||
MRTN | Marten Transport | 0.53 | ||||
ULH | Universal Logistics | 1.08 | ||||
CVLG | Covenant Logistics | 2.63 | ||||
WERN | Werner Enterprises | 3.75 |
Check out World Market Map 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 state. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Other Consideration for investing in USX Stock
If you are still planning to invest in US Xpress Enterprises 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 US Xpress' history and understand the potential risks before investing.
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