Almacenes Xito Sa Stock Beta
| EXTO Stock | 3.74 0.03 0.80% |
Almacenes xito SA fundamentals help investors to digest information that contributes to Almacenes Xito's financial success or failures. It also enables traders to predict the movement of Almacenes Stock. The fundamental analysis module provides a way to measure Almacenes Xito's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Almacenes Xito stock.
Almacenes | Beta |
Almacenes xito SA Company Beta Analysis
Almacenes Xito's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Almacenes Xito Beta | 0.43 |
Most of Almacenes Xito's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Almacenes xito SA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Almacenes Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Almacenes Xito is extremely important. It helps to project a fair market value of Almacenes Stock properly, considering its historical fundamentals such as Beta. Since Almacenes Xito's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Almacenes Xito's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Almacenes Xito's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Almacenes xito SA has a Beta of 0.433. This is 64.8% lower than that of the Consumer Staples Distribution & Retail sector and 52.93% lower than that of the Consumer Staples industry. The beta for all United States stocks is notably lower than that of the firm.
Almacenes Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Almacenes Xito's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Almacenes Xito could also be used in its relative valuation, which is a method of valuing Almacenes Xito by comparing valuation metrics of similar companies.Almacenes Xito is currently under evaluation in beta category among its peers.
Almacenes Xito Current Valuation Drivers
We derive many important indicators used in calculating different scores of Almacenes Xito from analyzing Almacenes Xito's financial statements. These drivers represent accounts that assess Almacenes Xito's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Almacenes Xito's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 25.4T | 26.5T | 31.5T | 36.3T | 36.0T | 37.8T | |
| Enterprise Value | 24.4T | 26.6T | 31.5T | 36.8T | 37.4T | 39.2T |
As returns on the market increase, Almacenes Xito's returns are expected to increase less than the market. However, during the bear market, the loss of holding Almacenes Xito is expected to be smaller as well.
Almacenes Fundamentals
| Return On Equity | 0.0263 | ||||
| Return On Asset | 0.0267 | ||||
| Profit Margin | 0 % | ||||
| Operating Margin | 0.03 % | ||||
| Current Valuation | 1.41 B | ||||
| Shares Outstanding | 162.23 M | ||||
| Shares Owned By Insiders | 65.43 % | ||||
| Shares Owned By Institutions | 0.40 % | ||||
| Number Of Shares Shorted | 35.66 K | ||||
| Price To Book | 0.42 X | ||||
| Revenue | 21.12 T | ||||
| Gross Profit | 5 T | ||||
| EBITDA | 1.35 T | ||||
| Net Income | 126 B | ||||
| Total Debt | 2.83 T | ||||
| Book Value Per Share | 4,701 X | ||||
| Cash Flow From Operations | 1.53 T | ||||
| Short Ratio | 1.07 X | ||||
| Earnings Per Share | 0.04 X | ||||
| Beta | 0.43 | ||||
| Market Capitalization | 614.08 M | ||||
| Total Asset | 16.34 T | ||||
| Retained Earnings | 534.33 B | ||||
| Working Capital | (1.86 T) | ||||
| Annual Yield | 0.04 % | ||||
| Net Asset | 16.34 T |
About Almacenes Xito Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Almacenes xito SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Almacenes Xito using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Almacenes xito SA based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Almacenes Xito
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 Almacenes Xito 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 Almacenes Xito will appreciate offsetting losses from the drop in the long position's value.Moving together with Almacenes Stock
Moving against Almacenes Stock
| 0.75 | KR | Kroger Company | PairCorr |
| 0.72 | ACI | Albertsons Companies | PairCorr |
| 0.72 | SFM | Sprouts Farmers Market | PairCorr |
| 0.66 | WBUY | WEBUY GLOBAL LTD | PairCorr |
| 0.66 | IMKTA | Ingles Markets | PairCorr |
The ability to find closely correlated positions to Almacenes Xito could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Almacenes Xito 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 Almacenes Xito - 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 Almacenes xito SA to buy it.
The correlation of Almacenes Xito 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 Almacenes Xito moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Almacenes xito SA 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 Almacenes Xito 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 Almacenes Xito Piotroski F Score and Almacenes Xito Altman Z Score analysis. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Consumer Staples Distribution & Retail 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 Almacenes Xito. If investors know Almacenes 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 Almacenes Xito listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.04 | Revenue Per Share 128.8 K | Quarterly Revenue Growth (0.01) | Return On Assets 0.0267 | Return On Equity 0.0263 |
The market value of Almacenes xito SA is measured differently than its book value, which is the value of Almacenes that is recorded on the company's balance sheet. Investors also form their own opinion of Almacenes Xito's value that differs from its market value or its book value, called intrinsic value, which is Almacenes Xito'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 Almacenes Xito's market value can be influenced by many factors that don't directly affect Almacenes Xito'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 Almacenes Xito's value and its price as these two are different measures arrived at by different means. Investors typically determine if Almacenes Xito is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Almacenes Xito'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.