Gxo Logistics Stock Market Value
| GXO Stock | USD 53.73 1.10 2.09% |
| Symbol | GXO |
GXO Logistics Price To Book Ratio
Is GXO Logistics' 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 GXO Logistics. If investors know GXO 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 GXO Logistics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.602 | Earnings Share 1.4 | Revenue Per Share 83.264 | Quarterly Revenue Growth 0.057 | Return On Assets 0.0255 |
The market value of GXO Logistics is measured differently than its book value, which is the value of GXO that is recorded on the company's balance sheet. Investors also form their own opinion of GXO Logistics' value that differs from its market value or its book value, called intrinsic value, which is GXO Logistics' 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 GXO Logistics' market value can be influenced by many factors that don't directly affect GXO Logistics' 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 GXO Logistics' value and its price as these two are different measures arrived at by different means. Investors typically determine if GXO Logistics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GXO Logistics' 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.
GXO Logistics 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to GXO Logistics' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of GXO Logistics.
| 04/21/2024 |
| 05/21/2024 |
If you would invest 0.00 in GXO Logistics on April 21, 2024 and sell it all today you would earn a total of 0.00 from holding GXO Logistics or generate 0.0% return on investment in GXO Logistics over 30 days. GXO Logistics is related to or competes with Forward Air, Landstar System, JB Hunt, Expeditors International, CH Robinson, and Hub. GXO Logistics, Inc., together with its subsidiaries, provides logistics services worldwide More
GXO Logistics Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure GXO Logistics' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess GXO Logistics upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 8.88 | |||
| Value At Risk | (2.21) | |||
| Potential Upside | 2.93 |
GXO Logistics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GXO Logistics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GXO Logistics' standard deviation. In reality, there are many statistical measures that can use GXO Logistics historical prices to predict the future GXO Logistics' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (0.04) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of GXO Logistics' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
GXO Logistics Backtested Returns
We consider GXO Logistics very steady. GXO Logistics holds Efficiency (Sharpe) Ratio of 0.0116, which attests that the entity had a 0.0116% return per unit of volatility over the last 3 months. We have found twenty-two technical indicators for GXO Logistics, which you can use to evaluate the volatility of the firm. Please check out GXO Logistics' risk adjusted performance of (0.01), and Market Risk Adjusted Performance of (0.03) to validate if the risk estimate we provide is consistent with the expected return of 0.0207%. The company retains a Market Volatility (i.e., Beta) of 1.7, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, GXO Logistics will likely underperform. GXO Logistics currently retains a risk of 1.78%. Please check out GXO Logistics jensen alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if GXO Logistics will be following its current trending patterns.
Auto-correlation | 0.71 |
Good predictability
GXO Logistics has good predictability. Overlapping area represents the amount of predictability between GXO Logistics time series from 21st of April 2024 to 6th of May 2024 and 6th of May 2024 to 21st of May 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of GXO Logistics price movement. The serial correlation of 0.71 indicates that around 71.0% of current GXO Logistics price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.72 |
GXO Logistics lagged returns against current returns
Autocorrelation, which is GXO Logistics stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting GXO Logistics' stock expected returns. We can calculate the autocorrelation of GXO Logistics returns to help us make a trade decision. For example, suppose you find that GXO Logistics has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
GXO Logistics regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If GXO Logistics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GXO Logistics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GXO Logistics stock over time.
Current vs Lagged Prices |
| Timeline |
GXO Logistics Lagged Returns
When evaluating GXO Logistics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GXO Logistics stock have on its future price. GXO Logistics autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, GXO Logistics autocorrelation shows the relationship between GXO Logistics stock current value and its past values and can show if there is a momentum factor associated with investing in GXO Logistics.
Regressed Prices |
| Timeline |
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Complementary Tools for GXO Stock analysis
When running GXO Logistics' price analysis, check to measure GXO Logistics' 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 GXO Logistics is operating at the current time. Most of GXO Logistics' value examination focuses on studying past and present price action to predict the probability of GXO Logistics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GXO Logistics' price. Additionally, you may evaluate how the addition of GXO Logistics to your portfolios can decrease your overall portfolio volatility.
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GXO Logistics technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.