QXO, Net Working Capital from 2010 to 2024
QXO Stock  15.25 0.14 0.91% 
Net Working Capital  First Reported 20101231  Previous Quarter 273.8 K  Current Value 260.1 K  Quarterly Volatility 774.9 K 
Check QXO, financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among QXO,'s main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.5 M, Interest Expense of 56.4 K or Selling General Administrative of 10.5 M, as well as many indicators such as Price To Sales Ratio of 1.64, Dividend Yield of 0.0106 or PTB Ratio of 11.95. QXO, financial statements analysis is a perfect complement when working with QXO, Valuation or Volatility modules.
QXO,  Net Working Capital 
Latest QXO,'s Net Working Capital Growth Pattern
Below is the plot of the Net Working Capital of QXO, Inc over the last few years. It is QXO,'s Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in QXO,'s overall financial position and show how it may be relating to other accounts over time.
Net Working Capital  10 Years Trend 

Net Working Capital 
Timeline 
QXO, Net Working Capital Regression Statistics
Arithmetic Mean  1,846,230  
Geometric Mean  1,562,550  
Coefficient Of Variation  41.97  
Mean Deviation  421,150  
Median  1,899,263  
Standard Deviation  774,865  
Sample Variance  600.4B  
Range  3.1M  
RValue  (0.21)  
Mean Square Error  617.4B  
RSquared  0.05  
Significance  0.45  
Slope  (36,798)  
Total Sum of Squares  8.4T 
QXO, Net Working Capital History
About QXO, Financial Statements
QXO, investors utilize fundamental indicators, such as Net Working Capital, to predict how QXO, Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last Reported  Projected for Next Year  
Net Working Capital  273.8 K  260.1 K 
Pair Trading with QXO,
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 QXO, 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 QXO, will appreciate offsetting losses from the drop in the long position's value.Moving together with QXO, Stock
0.8  U  Unity Software Aggressive Push  PairCorr 
0.76  DJCO  Daily Journal Corp Tech Boost  PairCorr 
Moving against QXO, Stock
0.67  DMAN  Innovativ Media Group  PairCorr 
0.55  VERB  VERB TECHNOLOGY PANY  PairCorr 
0.53  DV  DoubleVerify Holdings Tech Boost  PairCorr 
0.41  EB  Eventbrite Class A  PairCorr 
The ability to find closely correlated positions to QXO, could be a great tool in your taxloss harvesting strategies, allowing investors a quick way to find a similarenough asset to replace QXO, 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 QXO,  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 QXO, Inc to buy it.
The correlation of QXO, 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 QXO, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if QXO, Inc 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 QXO, can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better riskadjusted return on your portfolios.Check out the analysis of QXO, Correlation against competitors. You can also try the Idea Optimizer module to use advanced portfolio builder with precomputed micro ideas to build optimal portfolio .
Is Systems Software 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 QXO,. If investors know QXO, 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 QXO, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (12.27)  Revenue Per Share 86.401  Quarterly Revenue Growth 0.097  Return On Assets (0)  Return On Equity (0) 
The market value of QXO, Inc is measured differently than its book value, which is the value of QXO, that is recorded on the company's balance sheet. Investors also form their own opinion of QXO,'s value that differs from its market value or its book value, called intrinsic value, which is QXO,'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 QXO,'s market value can be influenced by many factors that don't directly affect QXO,'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 QXO,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if QXO, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QXO,'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.