XL Rent Profitability Analysis
XL Rent Profit Margin vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining XL Rent's current stock value. Our valuation model uses many indicators to compare XL Rent value to that of its competitors to determine the firm's financial worth. XL Rent is one of the top stocks in return on asset category among its peers. It also is one of the top stocks in profit margin category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the XL Rent's earnings, one of the primary drivers of an investment's value.EMDF Profit Margin vs. Return On Asset
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.
XL Rent |
| = | -0.92 |
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.
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
XL Rent |
| = | (2.47) % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
EMDF Profit Margin Comparison
XL Rent is currently under evaluation in profit margin category among its peers.
XL Rent Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in XL Rent, profitability is also one of the essential criteria for including it into their portfolios because, without profit, XL Rent will eventually generate negative long term returns. The profitability progress is the general direction of XL Rent's change in net profit over the period of time. It can combine multiple indicators of XL Rent, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
XL Rent, Inc. manufactures and markets products designed to reduce accidental hypodermic needlestick injuries. The company was incorporated in 1990 and is headquartered in New Haven, Connecticut. E Med operates under Shell Companies classification in the United States and is traded on OTC Exchange. It employs 2 people.
EMDF Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on XL Rent. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of XL Rent position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the XL Rent's important profitability drivers and their relationship over time.
XL Rent Earnings per Share Projection vs Actual
Use XL Rent in pair-trading
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 XL Rent 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 XL Rent will appreciate offsetting losses from the drop in the long position's value.XL Rent Pair Trading
XL Rent Pair Trading Analysis
The ability to find closely correlated positions to XL Rent could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace XL Rent 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 XL Rent - 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 XL Rent to buy it.
The correlation of XL Rent 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 XL Rent moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if XL Rent 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 XL Rent 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.Use Investing Themes to Complement your XL Rent position
In addition to having XL Rent in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Investor Favorites Thematic Idea Now
Investor Favorites
Macroaxis most traded equities with largest long positions over the last 2 years. The Investor Favorites theme has 21 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Investor Favorites Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in EMDF Pink Sheet
To fully project XL Rent's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of XL Rent at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include XL Rent's income statement, its balance sheet, and the statement of cash flows.