XL Fleet Return On Asset vs. Shares Owned By Insiders
| XLDelisted Stock | USD 1.01 0.12 13.48% |
For XL Fleet profitability analysis, we use financial ratios and fundamental drivers that measure the ability of XL Fleet to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well XL Fleet Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between XL Fleet's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of XL Fleet Corp over time as well as its relative position and ranking within its peers.
XL Fleet |
XL Fleet Corp Shares Owned By Insiders vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining XL Fleet's current stock value. Our valuation model uses many indicators to compare XL Fleet value to that of its competitors to determine the firm's financial worth. XL Fleet Corp is rated below average in return on asset category among its peers. It is rated first in shares owned by insiders category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value XL Fleet by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.XL Fleet Shares Owned By Insiders vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
XL Fleet |
| = | -0.0575 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
XL Fleet |
| = | 35.04 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
XL Fleet Shares Owned By Insiders Comparison
XL Fleet is currently under evaluation in shares owned by insiders category among its peers.
XL Fleet Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in XL Fleet, profitability is also one of the essential criteria for including it into their portfolios because, without profit, XL Fleet will eventually generate negative long term returns. The profitability progress is the general direction of XL Fleet's change in net profit over the period of time. It can combine multiple indicators of XL Fleet, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
XL Fleet Corp. provides fleet electrification solutions for commercial vehicles in North America. The company was incorporated in 2009 and is headquartered in Boston, Massachusetts. XL Fleet operates under Auto Parts classification in the United States and is traded on New York Stock Exchange. It employs 177 people.
XL Fleet Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on XL Fleet. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of XL Fleet position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the XL Fleet's important profitability drivers and their relationship over time.
Use XL Fleet in pair-trading
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 XL Fleet 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 XL Fleet will appreciate offsetting losses from the drop in the long position's value.XL Fleet Pair Trading
XL Fleet Corp Pair Trading Analysis
The ability to find closely correlated positions to XL Fleet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace XL Fleet 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 XL Fleet - 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 XL Fleet Corp to buy it.
The correlation of XL Fleet 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 XL Fleet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if XL Fleet Corp 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 XL Fleet 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.Use Investing Themes to Complement your XL Fleet position
In addition to having XL Fleet in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Disruptive Technologies Thematic Idea Now
Disruptive Technologies
New or established technology companies and funds across multiple sectors that are involved in development or marketing of products or services that experience disruptive trends and that are at the forefront of discussions on Wall Street. The Disruptive Technologies theme has 64 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Disruptive Technologies Theme or any other thematic opportunities.
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Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Other Consideration for investing in XL Fleet Stock
If you are still planning to invest in XL Fleet Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the XL Fleet's history and understand the potential risks before investing.
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