Xometry Historical Financial Ratios
| XMTR Stock | USD 31.05 0.05 0.16% |
Xometry is currently reporting on over 104 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Price To Sales Ratio of 3.53, Dividend Yield of 0.0018, PTB Ratio of 4.96 or Days Sales Outstanding of 40.11 will help investors to properly organize and evaluate Xometry financial condition quickly.
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About Xometry Financial Ratios Analysis
XometryFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Xometry investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Xometry financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Xometry history.
Xometry Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Xometry stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Xometry sales, a figure that is much harder to manipulate than other Xometry multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Xometry dividend as a percentage of Xometry stock price. Xometry dividend yield is a measure of Xometry stock productivity, which can be interpreted as interest rate earned on an Xometry investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Return On Assets
A profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets.Most ratios from Xometry's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Xometry current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xometry. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Xometry Stock, please use our How to Invest in Xometry guide.At this time, Xometry's Stock Based Compensation To Revenue is relatively stable compared to the past year. As of 11/29/2024, Days Of Inventory On Hand is likely to grow to 5.68, while PTB Ratio is likely to drop 4.96.
| 2023 | 2024 (projected) | Dividend Yield | 0.002044 | 0.001817 | Price To Sales Ratio | 3.71 | 3.53 |
Xometry fundamentals Correlations
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Xometry Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Xometry
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 Xometry 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 Xometry will appreciate offsetting losses from the drop in the long position's value.Moving together with Xometry Stock
Moving against Xometry Stock
The ability to find closely correlated positions to Xometry could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Xometry 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 Xometry - 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 Xometry to buy it.
The correlation of Xometry 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 Xometry moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Xometry 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 Xometry 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 Xometry Stock Analysis
When running Xometry's price analysis, check to measure Xometry's 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 Xometry is operating at the current time. Most of Xometry's value examination focuses on studying past and present price action to predict the probability of Xometry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xometry's price. Additionally, you may evaluate how the addition of Xometry to your portfolios can decrease your overall portfolio volatility.