Xl Fleet Corp Stock Beta
| XLDelisted Stock | USD 1.01 0.12 13.48% |
XL Fleet Corp fundamentals help investors to digest information that contributes to XL Fleet's financial success or failures. It also enables traders to predict the movement of XL Fleet Stock. The fundamental analysis module provides a way to measure XL Fleet's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to XL Fleet stock.
XL Fleet |
XL Fleet Corp Company Beta Analysis
XL Fleet's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current XL Fleet Beta | 0.89 |
Most of XL Fleet's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, XL Fleet Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
CompetitionIn accordance with the recently published financial statements, XL Fleet Corp has a Beta of 0.8871. This is 5.61% higher than that of the sector and 40.06% lower than that of the Beta industry. The beta for all United States stocks is notably lower than that of the firm.
XL Fleet Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses XL Fleet's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of XL Fleet could also be used in its relative valuation, which is a method of valuing XL Fleet by comparing valuation metrics of similar companies.XL Fleet is currently under evaluation in beta category among related companies.
XL Fleet returns are very sensitive to returns on the market. As the market goes up or down, XL Fleet is expected to follow.
XL Fleet Fundamentals
| Return On Equity | -0.18 | |||
| Return On Asset | -0.0575 | |||
| Profit Margin | (2.73) % | |||
| Operating Margin | (2.53) % | |||
| Current Valuation | 416.31 M | |||
| Shares Outstanding | 144.12 M | |||
| Shares Owned By Insiders | 35.04 % | |||
| Shares Owned By Institutions | 35.00 % | |||
| Number Of Shares Shorted | 1.81 M | |||
| Price To Earning | 29.77 X | |||
| Price To Book | 0.44 X | |||
| Price To Sales | 6.80 X | |||
| Revenue | 15.6 M | |||
| Gross Profit | (696 K) | |||
| EBITDA | 30.59 M | |||
| Net Income | 28.79 M | |||
| Cash And Equivalents | 351.68 M | |||
| Cash Per Share | 1.71 X | |||
| Total Debt | 21 K | |||
| Debt To Equity | 1.42 % | |||
| Current Ratio | 5.38 X | |||
| Book Value Per Share | 2.18 X | |||
| Cash Flow From Operations | (48.49 M) | |||
| Short Ratio | 2.47 X | |||
| Earnings Per Share | (0.35) X | |||
| Price To Earnings To Growth | 0.76 X | |||
| Target Price | 6.0 | |||
| Number Of Employees | 177 | |||
| Beta | 0.89 | |||
| Market Capitalization | 164.3 M | |||
| Total Asset | 393.22 M | |||
| Retained Earnings | 2.15 B | |||
| Working Capital | 6.49 B | |||
| Current Asset | 18.23 B | |||
| Current Liabilities | 11.74 B | |||
| Five Year Return | 1.93 % | |||
| Net Asset | 393.22 M |
About XL Fleet Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze XL Fleet Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of XL Fleet using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of XL Fleet Corp 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.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards XL Fleet in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, XL Fleet's short interest history, or implied volatility extrapolated from XL Fleet options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Other Consideration for investing in XL Fleet Stock
If you are still planning to invest in XL Fleet Corp 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 XL Fleet's history and understand the potential risks before investing.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |