Xylo Change In Cash vs Cash Per Share Analysis
XYLO Stock | 3.92 0.27 7.40% |
Xylo Technologies financial indicator trend analysis is more than just analyzing Xylo Technologies current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xylo Technologies is a good investment. Please check the relationship between Xylo Technologies Change In Cash and its Cash Per Share accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xylo Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Xylo Stock, please use our How to Invest in Xylo Technologies guide.
Change In Cash vs Cash Per Share
Change In Cash vs Cash Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xylo Technologies Change In Cash account and Cash Per Share. At this time, the significance of the direction appears to have weak relationship.
The correlation between Xylo Technologies' Change In Cash and Cash Per Share is 0.35. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Cash Per Share in the same time period over historical financial statements of Xylo Technologies, assuming nothing else is changed. The correlation between historical values of Xylo Technologies' Change In Cash and Cash Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Xylo Technologies are associated (or correlated) with its Cash Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Per Share has no effect on the direction of Change In Cash i.e., Xylo Technologies' Change In Cash and Cash Per Share go up and down completely randomly.
Correlation Coefficient | 0.35 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Change In Cash
Cash Per Share
Most indicators from Xylo Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xylo Technologies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 Xylo Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Xylo Stock, please use our How to Invest in Xylo Technologies guide.As of the 29th of November 2024, Tax Provision is likely to grow to about (70.3 K). In addition to that, Selling General Administrative is likely to drop to about 11.3 M
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 13.0M | 23.0M | 35.2M | 21.5M | Cost Of Revenue | 5.3M | 77.4M | 79.9M | 45.0M |
Xylo Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Xylo Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Xylo 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 Xylo 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 Xylo Technologies will appreciate offsetting losses from the drop in the long position's value.Moving against Xylo Stock
0.52 | DOCS | Doximity | PairCorr |
0.51 | ELMD | Electromed | PairCorr |
0.48 | MD | Mednax Inc | PairCorr |
0.47 | OM | Outset Medical | PairCorr |
The ability to find closely correlated positions to Xylo 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 Xylo 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 Xylo 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 Xylo Technologies to buy it.
The correlation of Xylo 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 Xylo Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Xylo 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 Xylo 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, which includes a position in Xylo Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Xylo Stock, please use our How to Invest in Xylo Technologies guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Health Care Equipment & Supplies 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 Xylo Technologies. If investors know Xylo 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 Xylo Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (25.20) | Revenue Per Share 145.064 | Quarterly Revenue Growth (0.33) | Return On Assets (0.08) | Return On Equity (0.50) |
The market value of Xylo Technologies is measured differently than its book value, which is the value of Xylo that is recorded on the company's balance sheet. Investors also form their own opinion of Xylo Technologies' value that differs from its market value or its book value, called intrinsic value, which is Xylo Technologies' 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 Xylo Technologies' market value can be influenced by many factors that don't directly affect Xylo Technologies' 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 Xylo Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Xylo Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xylo Technologies' 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.