Exro Cash Flow To Debt Ratio from 2010 to 2024
| EXRO Stock | 0.14 0.02 12.50% |
Cash Flow To Debt Ratio | First Reported 2010-12-31 | Previous Quarter (3.51) | Current Value (3.69) | Quarterly Volatility 156.09511702 |
Check Exro Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Exro Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.3 M, Selling General Administrative of 30.6 M or Selling And Marketing Expenses of 13.4 M, as well as many indicators such as Price To Sales Ratio of 34.28, Dividend Yield of 0.0021 or PTB Ratio of 6.04. Exro financial statements analysis is a perfect complement when working with Exro Technologies Valuation or Volatility modules.
Exro | Cash Flow To Debt Ratio |
Pair Trading with Exro Technologies
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 Exro Technologies 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 Exro Technologies will appreciate offsetting losses from the drop in the long position's value.Moving against Exro Stock
The ability to find closely correlated positions to Exro Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Exro Technologies 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 Exro Technologies - 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 Exro Technologies to buy it.
The correlation of Exro Technologies 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 Exro Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Exro Technologies 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 Exro Technologies 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.Other Information on Investing in Exro Stock
Exro Technologies financial ratios help investors to determine whether Exro Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Exro with respect to the benefits of owning Exro Technologies security.