XPO Graham Number from 2010 to 2024
| XPO Stock | USD 157.94 0.26 0.16% |
Graham Number | First Reported 2010-12-31 | Previous Quarter 20.00235011 | Current Value 14.64 | Quarterly Volatility 14.38263889 |
Check XPO Logistics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among XPO Logistics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 238.4 M, Total Revenue of 5.7 B or Gross Profit of 859.4 M, as well as many indicators such as Price To Sales Ratio of 1.38, Dividend Yield of 0.0011 or PTB Ratio of 8.43. XPO financial statements analysis is a perfect complement when working with XPO Logistics Valuation or Volatility modules.
XPO | Graham Number |
Latest XPO Logistics' Graham Number Growth Pattern
Below is the plot of the Graham Number of XPO Logistics over the last few years. It is XPO Logistics' Graham Number historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in XPO Logistics' overall financial position and show how it may be relating to other accounts over time.
| Graham Number | 10 Years Trend |
|
Graham Number |
| Timeline |
XPO Graham Number Regression Statistics
| Arithmetic Mean | 26.14 | |
| Geometric Mean | 20.47 | |
| Coefficient Of Variation | 55.02 | |
| Mean Deviation | 11.15 | |
| Median | 26.19 | |
| Standard Deviation | 14.38 | |
| Sample Variance | 206.86 | |
| Range | 51.2759 | |
| R-Value | 0.22 | |
| Mean Square Error | 212.10 | |
| R-Squared | 0.05 | |
| Significance | 0.43 | |
| Slope | 0.70 | |
| Total Sum of Squares | 2,896 |
XPO Graham Number History
About XPO Logistics Financial Statements
XPO Logistics investors utilize fundamental indicators, such as Graham Number, to predict how XPO 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 | ||
| Graham Number | 20.00 | 14.64 |
Pair Trading with XPO Logistics
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 XPO Logistics 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 XPO Logistics will appreciate offsetting losses from the drop in the long position's value.Moving together with XPO Stock
| 0.91 | VLRS | Volaris | PairCorr |
| 0.85 | WERN | Werner Enterprises | PairCorr |
| 0.86 | AAL | American Airlines Fiscal Year End 23rd of January 2025 | PairCorr |
Moving against XPO Stock
| 0.81 | CP | Canadian Pacific Railway | PairCorr |
| 0.76 | CNI | Canadian National Railway Fiscal Year End 28th of January 2025 | PairCorr |
| 0.65 | FLYX | flyExclusive, | PairCorr |
| 0.34 | UNP | Union Pacific Fiscal Year End 23rd of January 2025 | PairCorr |
The ability to find closely correlated positions to XPO Logistics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace XPO Logistics 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 XPO Logistics - 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 XPO Logistics to buy it.
The correlation of XPO Logistics 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 XPO Logistics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if XPO Logistics 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 XPO Logistics 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 XPO Logistics Correlation against competitors. To learn how to invest in XPO Stock, please use our How to Invest in XPO Logistics guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Air Freight & Logistics 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 XPO Logistics. If investors know XPO 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 XPO Logistics 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 0.123 | Earnings Share 3.08 | Revenue Per Share 69.741 | Quarterly Revenue Growth 0.037 | Return On Assets 0.0632 |
The market value of XPO Logistics is measured differently than its book value, which is the value of XPO that is recorded on the company's balance sheet. Investors also form their own opinion of XPO Logistics' value that differs from its market value or its book value, called intrinsic value, which is XPO Logistics' 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 XPO Logistics' market value can be influenced by many factors that don't directly affect XPO Logistics' 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 XPO Logistics' value and its price as these two are different measures arrived at by different means. Investors typically determine if XPO Logistics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, XPO Logistics' 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.