Lexeo Return On Equity from 2010 to 2024
| LXEO Stock | 8.23 0.40 5.11% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter (0.58) | Current Value (0.56) | Quarterly Volatility 0.52771007 |
Check Lexeo Therapeutics, financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Lexeo Therapeutics,'s main balance sheet or income statement drivers, such as Tax Provision of 0.0, Net Interest Income of 2.8 M or Depreciation And Amortization of 1.9 M, as well as many indicators such as Price To Sales Ratio of 369, Dividend Yield of 0.0 or PTB Ratio of 3.31. Lexeo financial statements analysis is a perfect complement when working with Lexeo Therapeutics, Valuation or Volatility modules.
Lexeo | Return On Equity |
Latest Lexeo Therapeutics,'s Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Lexeo Therapeutics, Common over the last few years. Return on Equity is the amount of Lexeo Therapeutics, net income returned as a percentage of Lexeo Therapeutics, equity. Return on equity measures Lexeo Therapeutics, profitability by revealing how much profit Lexeo Therapeutics, Common generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Lexeo Therapeutics,'s Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Lexeo Therapeutics,'s overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported -0.75 | 10 Years Trend |
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Return On Equity |
| Timeline |
Lexeo Return On Equity Regression Statistics
| Arithmetic Mean | 0.70 | |
| Geometric Mean | 0.84 | |
| Coefficient Of Variation | 75.19 | |
| Mean Deviation | 0.36 | |
| Median | 0.93 | |
| Standard Deviation | 0.53 | |
| Sample Variance | 0.28 | |
| Range | 1.5155 | |
| R-Value | (0.65) | |
| Mean Square Error | 0.17 | |
| R-Squared | 0.43 | |
| Significance | 0.01 | |
| Slope | (0.08) | |
| Total Sum of Squares | 3.90 |
Lexeo Return On Equity History
About Lexeo Therapeutics, Financial Statements
Lexeo Therapeutics, investors utilize fundamental indicators, such as Return On Equity, to predict how Lexeo 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 | ||
| Return On Equity | (0.58) | (0.56) |
Pair Trading with Lexeo Therapeutics,
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 Lexeo Therapeutics, 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 Lexeo Therapeutics, will appreciate offsetting losses from the drop in the long position's value.Moving against Lexeo Stock
| 0.8 | BMY | Bristol Myers Squibb Sell-off Trend | PairCorr |
| 0.69 | GILD | Gilead Sciences | PairCorr |
| 0.66 | BHC | Bausch Health Companies | PairCorr |
| 0.65 | ESPR | Esperion Therapeutics Buyout Trend | PairCorr |
| 0.61 | WAT | Waters | PairCorr |
The ability to find closely correlated positions to Lexeo Therapeutics, could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lexeo Therapeutics, 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 Lexeo Therapeutics, - 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 Lexeo Therapeutics, Common to buy it.
The correlation of Lexeo Therapeutics, 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 Lexeo Therapeutics, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lexeo Therapeutics, 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 Lexeo Therapeutics, 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 Lexeo Therapeutics, Correlation against competitors. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Biotechnology 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 Lexeo Therapeutics,. If investors know Lexeo 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 Lexeo Therapeutics, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (12.53) | Return On Assets (0.40) | Return On Equity (0.75) |
The market value of Lexeo Therapeutics, is measured differently than its book value, which is the value of Lexeo that is recorded on the company's balance sheet. Investors also form their own opinion of Lexeo Therapeutics,'s value that differs from its market value or its book value, called intrinsic value, which is Lexeo Therapeutics,'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 Lexeo Therapeutics,'s market value can be influenced by many factors that don't directly affect Lexeo Therapeutics,'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 Lexeo Therapeutics,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Lexeo Therapeutics, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lexeo Therapeutics,'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.