Exela Financial Statements From 2010 to 2024
| XELAPDelisted Preferred Stock | USD 0.72 0.13 15.29% |
Check Exela Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Exela Technologies' main balance sheet or income statement drivers, such as , as well as many indicators such as . Exela financial statements analysis is a perfect complement when working with Exela Technologies Valuation or Volatility modules.
Exela |
About Exela Technologies Financial Statements
Exela Technologies shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Exela Technologies investors may analyze each financial statement separately, they are all interrelated. The changes in Exela Technologies' assets and liabilities, for example, are also reflected in the revenues and expenses on on Exela Technologies' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Exela Technologies, Inc. provides transaction processing solutions, enterprise information management, document management, and digital business process services worldwide. It also offers data and analytical services in the areas of litigation consulting, economic and statistical analysis, expert witness services, and revenue recovery services for delinquent accounts receivable. Exela Technologies operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 17000 people.
Pair Trading with Exela 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 Exela 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 Exela Technologies will appreciate offsetting losses from the drop in the long position's value.Moving against Exela Pink Sheet
| 0.8 | AI | C3 Ai Inc Earnings Call This Week | PairCorr |
| 0.76 | ML | MoneyLion Tech Boost | PairCorr |
| 0.74 | VERX | Vertex | PairCorr |
| 0.74 | VTSI | VirTra Inc | PairCorr |
| 0.73 | WK | Workiva | PairCorr |
The ability to find closely correlated positions to Exela 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 Exela 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 Exela 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 Exela Technologies Preferred to buy it.
The correlation of Exela 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 Exela Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Exela 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 Exela 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.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 nation. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Other Consideration for investing in Exela Pink Sheet
If you are still planning to invest in Exela Technologies 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 Exela Technologies' history and understand the potential risks before investing.
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