Xtract Capex To Revenue from 2010 to 2024

XTRA Stock   0.42  0.04  8.70%   
Xtract One Capex To Revenue yearly trend continues to be very stable with very little volatility. Capex To Revenue is likely to drop to 0.03. Capex To Revenue is the ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets. View All Fundamentals
 
Capex To Revenue  
First Reported
2010-12-31
Previous Quarter
0.02627184
Current Value
0.025
Quarterly Volatility
0.24028253
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Xtract One financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Xtract One's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 M, Selling General Administrative of 5.6 M or Other Operating Expenses of 24.3 M, as well as many indicators such as Price To Sales Ratio of 8.52, Dividend Yield of 0.0 or PTB Ratio of 11.03. Xtract financial statements analysis is a perfect complement when working with Xtract One Valuation or Volatility modules.
  
This module can also supplement various Xtract One Technical models . Check out the analysis of Xtract One Correlation against competitors.

Pair Trading with Xtract One

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 Xtract One 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 Xtract One will appreciate offsetting losses from the drop in the long position's value.

Moving together with Xtract Stock

  0.74RCI-A Rogers CommunicationsPairCorr
  0.68GFR Greenfire ResourcesPairCorr

Moving against Xtract Stock

  0.83BRY Bri Chem CorpPairCorr
  0.81XX Avante LogixxPairCorr
  0.8NPTH NeuPath HealthPairCorr
  0.71OM Osisko MetalsPairCorr
  0.68VLE Valeura EnergyPairCorr
The ability to find closely correlated positions to Xtract One could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Xtract One 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 Xtract One - 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 Xtract One Technologies to buy it.
The correlation of Xtract One 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 Xtract One moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Xtract One 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 Xtract One 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Xtract Stock

Xtract One financial ratios help investors to determine whether Xtract 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 Xtract with respect to the benefits of owning Xtract One security.