RXO Non Current Assets Total from 2010 to 2024

RXO Stock  USD 23.46  1.54  6.16%   
RXO Non Current Assets Total yearly trend continues to be very stable with very little volatility. Non Current Assets Total are likely to grow to about 1.1 B this year. Non Current Assets Total is the total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets. View All Fundamentals
 
Non Current Assets Total  
First Reported
2010-12-31
Previous Quarter
B
Current Value
1.1 B
Quarterly Volatility
26.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check RXO financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among RXO's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Depreciation And Amortization of 64.3 M or Interest Expense of 17.6 M, as well as many indicators such as Price To Sales Ratio of 0.66, Dividend Yield of 0.0 or PTB Ratio of 2.51. RXO financial statements analysis is a perfect complement when working with RXO Valuation or Volatility modules.
  
Check out the analysis of RXO Correlation against competitors.

Latest RXO's Non Current Assets Total Growth Pattern

Below is the plot of the Non Current Assets Total of RXO Inc over the last few years. It is the total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets. RXO's Non Current Assets Total historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in RXO's overall financial position and show how it may be relating to other accounts over time.
Non Current Assets Total10 Years Trend
Slightly volatile
   Non Current Assets Total   
       Timeline  

RXO Non Current Assets Total Regression Statistics

Arithmetic Mean1,013,955,000
Geometric Mean1,013,636,602
Coefficient Of Variation2.66
Mean Deviation14,322,000
Median1,008,000,000
Standard Deviation26,932,290
Sample Variance725.3T
Range121.3M
R-Value0.41
Mean Square Error651.4T
R-Squared0.17
Significance0.13
Slope2,454,554
Total Sum of Squares10154.9T

RXO Non Current Assets Total History

20241.1 B
2023B
2022B
2021985 M

About RXO Financial Statements

RXO investors utilize fundamental indicators, such as Non Current Assets Total, to predict how RXO 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 ReportedProjected for Next Year
Non Current Assets TotalB1.1 B

Pair Trading with RXO

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

Moving against RXO Stock

  0.31FLYX flyExclusive,PairCorr
The ability to find closely correlated positions to RXO could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RXO 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 RXO - 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 RXO Inc to buy it.
The correlation of RXO 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 RXO moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RXO 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 RXO 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
When determining whether RXO Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of RXO's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rxo Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rxo Inc Stock:
Check out the analysis of RXO Correlation against competitors.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Cargo Ground Transportation 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 RXO. If investors know RXO 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 RXO listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.93)
Earnings Share
(2.14)
Revenue Per Share
31.776
Quarterly Revenue Growth
0.066
Return On Assets
0.0091
The market value of RXO Inc is measured differently than its book value, which is the value of RXO that is recorded on the company's balance sheet. Investors also form their own opinion of RXO's value that differs from its market value or its book value, called intrinsic value, which is RXO'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 RXO's market value can be influenced by many factors that don't directly affect RXO'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 RXO's value and its price as these two are different measures arrived at by different means. Investors typically determine if RXO is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RXO'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.