XAI Enterprise Value Multiple from 2010 to 2024
| XFLT Stock | USD 7.09 0.01 0.14% |
Enterprise Value Multiple | First Reported 2010-12-31 | Previous Quarter 8 | Current Value 8.4 | Quarterly Volatility 15.77733534 |
Check XAI Octagon financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among XAI main balance sheet or income statement drivers, such as Net Interest Income of 25.3 M, Interest Income of 59.6 M or Interest Expense of 8 M, as well as many exotic indicators such as Price To Sales Ratio of 6.05, Dividend Yield of 0.088 or PTB Ratio of 1.05. XAI financial statements analysis is a perfect complement when working with XAI Octagon Valuation or Volatility modules.
XAI | Enterprise Value Multiple |
Latest XAI Octagon's Enterprise Value Multiple Growth Pattern
Below is the plot of the Enterprise Value Multiple of XAI Octagon Floating over the last few years. It is XAI Octagon's Enterprise Value Multiple historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in XAI Octagon's overall financial position and show how it may be relating to other accounts over time.
| Enterprise Value Multiple | 10 Years Trend |
|
Enterprise Value Multiple |
| Timeline |
XAI Enterprise Value Multiple Regression Statistics
| Arithmetic Mean | 11.01 | |
| Coefficient Of Variation | 143.26 | |
| Mean Deviation | 12.34 | |
| Median | 22.58 | |
| Standard Deviation | 15.78 | |
| Sample Variance | 248.92 | |
| Range | 50.5182 | |
| R-Value | (0.55) | |
| Mean Square Error | 186.08 | |
| R-Squared | 0.31 | |
| Significance | 0.03 | |
| Slope | (1.95) | |
| Total Sum of Squares | 3,485 |
XAI Enterprise Value Multiple History
About XAI Octagon Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include XAI Octagon income statement, its balance sheet, and the statement of cash flows. XAI Octagon investors use historical funamental indicators, such as XAI Octagon's Enterprise Value Multiple, to determine how well the company is positioned to perform in the future. Although XAI Octagon investors may use each financial statement separately, they are all related. The changes in XAI Octagon's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on XAI Octagon's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on XAI Octagon Financial Statements. Understanding these patterns can help to make the right decision on long term investment in XAI Octagon. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Enterprise Value Multiple | 8.00 | 8.40 |
Pair Trading with XAI Octagon
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 XAI Octagon 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 XAI Octagon will appreciate offsetting losses from the drop in the long position's value.Moving against XAI Stock
| 0.79 | QD | Qudian Inc Earnings Call Next Week | PairCorr |
| 0.65 | MA | Mastercard | PairCorr |
| 0.61 | CG | Carlyle Group | PairCorr |
The ability to find closely correlated positions to XAI Octagon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace XAI Octagon 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 XAI Octagon - 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 XAI Octagon Floating to buy it.
The correlation of XAI Octagon 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 XAI Octagon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if XAI Octagon Floating 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 XAI Octagon 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 the analysis of XAI Octagon Correlation against competitors. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for XAI Stock analysis
When running XAI Octagon's price analysis, check to measure XAI Octagon'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 XAI Octagon is operating at the current time. Most of XAI Octagon's value examination focuses on studying past and present price action to predict the probability of XAI Octagon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move XAI Octagon's price. Additionally, you may evaluate how the addition of XAI Octagon to your portfolios can decrease your overall portfolio volatility.
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Stocks Directory Find actively traded stocks across global markets | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |
Is XAI Octagon's industry 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 XAI Octagon. If investors know XAI 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 XAI Octagon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 1.63 |
The market value of XAI Octagon Floating is measured differently than its book value, which is the value of XAI that is recorded on the company's balance sheet. Investors also form their own opinion of XAI Octagon's value that differs from its market value or its book value, called intrinsic value, which is XAI Octagon's 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 XAI Octagon's market value can be influenced by many factors that don't directly affect XAI Octagon's 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 XAI Octagon's value and its price as these two are different measures arrived at by different means. Investors typically determine if XAI Octagon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, XAI Octagon's 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.