Xometry Deferred Long Term Liab vs Common Stock Analysis

XMTR Stock  USD 32.20  0.20  0.63%   
Xometry financial indicator trend analysis is more than just analyzing Xometry current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xometry is a good investment. Please check the relationship between Xometry Deferred Long Term Liab and its Common Stock accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xometry. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Xometry Stock, please use our How to Invest in Xometry guide.

Deferred Long Term Liab vs Common Stock

Deferred Long Term Liab vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xometry Deferred Long Term Liab account and Common Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between Xometry's Deferred Long Term Liab and Common Stock is -0.8. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Common Stock in the same time period over historical financial statements of Xometry, assuming nothing else is changed. The correlation between historical values of Xometry's Deferred Long Term Liab and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Xometry are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Deferred Long Term Liab i.e., Xometry's Deferred Long Term Liab and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.8
Relationship DirectionNegative 
Relationship StrengthSignificant

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Common Stock

Most indicators from Xometry's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xometry current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xometry. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Xometry Stock, please use our How to Invest in Xometry guide.As of 12/04/2024, Enterprise Value is likely to grow to about 3 B, while Selling General Administrative is likely to drop slightly above 40.5 M.
 2021 2022 2023 2024 (projected)
Interest Expense852K4.4M4.8M2.5M
Depreciation And Amortization4.7M15.1M10.7M8.0M

Xometry fundamental ratios Correlations

0.870.960.950.950.931.00.980.57-0.930.840.660.98-0.010.460.830.960.960.980.820.920.870.960.691.00.99
0.870.890.840.730.760.840.790.8-0.950.780.550.79-0.230.30.670.930.90.790.890.931.00.750.640.840.8
0.960.890.940.890.840.940.940.53-0.910.730.750.92-0.020.520.880.970.910.920.790.930.880.90.690.960.92
0.950.840.940.910.880.960.940.65-0.950.860.50.940.240.650.930.90.960.940.820.840.830.90.870.940.95
0.950.730.890.910.980.970.990.44-0.850.750.60.990.150.590.830.840.860.990.790.760.731.00.650.970.99
0.930.760.840.880.980.950.960.57-0.880.790.480.970.120.540.760.810.850.970.870.740.760.970.640.940.97
1.00.840.940.960.970.950.990.58-0.930.860.60.990.070.510.840.930.960.990.820.880.840.970.720.991.0
0.980.790.940.940.990.960.990.48-0.890.760.650.990.10.580.860.90.90.990.810.830.790.990.680.990.99
0.570.80.530.650.440.570.580.48-0.820.79-0.060.520.020.240.420.580.720.520.820.60.80.430.70.520.53
-0.93-0.95-0.91-0.95-0.85-0.88-0.93-0.89-0.82-0.87-0.45-0.9-0.06-0.52-0.81-0.91-0.95-0.89-0.94-0.87-0.95-0.84-0.81-0.91-0.9
0.840.780.730.860.750.790.860.760.79-0.870.210.820.080.280.620.790.940.820.730.790.790.740.770.80.83
0.660.550.750.50.60.480.60.65-0.06-0.450.210.6-0.40.160.530.740.490.60.330.730.550.650.090.690.6
0.980.790.920.940.990.970.990.990.52-0.90.820.60.110.540.840.90.921.00.810.840.790.990.690.991.0
-0.01-0.23-0.020.240.150.120.070.10.02-0.060.08-0.40.110.780.44-0.20.020.110.05-0.31-0.250.080.570.00.1
0.460.30.520.650.590.540.510.580.24-0.520.280.160.540.780.840.320.40.540.520.190.270.540.750.490.53
0.830.670.880.930.830.760.840.860.42-0.810.620.530.840.440.840.760.790.840.690.680.650.810.850.830.84
0.960.930.970.90.840.810.930.90.58-0.910.790.740.9-0.20.320.760.940.90.770.990.930.860.610.950.9
0.960.90.910.960.860.850.960.90.72-0.950.940.490.920.020.40.790.940.920.80.920.890.860.790.930.93
0.980.790.920.940.990.970.990.990.52-0.890.820.61.00.110.540.840.90.920.810.830.790.990.690.991.0
0.820.890.790.820.790.870.820.810.82-0.940.730.330.810.050.520.690.770.80.810.710.890.790.690.810.81
0.920.930.930.840.760.740.880.830.6-0.870.790.730.84-0.310.190.680.990.920.830.710.930.790.560.90.84
0.871.00.880.830.730.760.840.790.8-0.950.790.550.79-0.250.270.650.930.890.790.890.930.750.620.840.8
0.960.750.90.91.00.970.970.990.43-0.840.740.650.990.080.540.810.860.860.990.790.790.750.60.980.99
0.690.640.690.870.650.640.720.680.7-0.810.770.090.690.570.750.850.610.790.690.690.560.620.60.660.7
1.00.840.960.940.970.940.990.990.52-0.910.80.690.990.00.490.830.950.930.990.810.90.840.980.660.99
0.990.80.920.950.990.971.00.990.53-0.90.830.61.00.10.530.840.90.931.00.810.840.80.990.70.99
Click cells to compare fundamentals

Xometry Account Relationship Matchups

Pair Trading with Xometry

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

Moving together with Xometry Stock

  0.93CR Crane CompanyPairCorr
  0.88HI HillenbrandPairCorr
  0.7IR Ingersoll RandPairCorr

Moving against Xometry Stock

  0.73AOS Smith AOPairCorr
  0.56RR Richtech Robotics ClassPairCorr
The ability to find closely correlated positions to Xometry could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Xometry 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 Xometry - 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 Xometry to buy it.
The correlation of Xometry 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 Xometry moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Xometry 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 Xometry 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

Additional Tools for Xometry Stock Analysis

When running Xometry's price analysis, check to measure Xometry's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Xometry is operating at the current time. Most of Xometry's value examination focuses on studying past and present price action to predict the probability of Xometry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xometry's price. Additionally, you may evaluate how the addition of Xometry to your portfolios can decrease your overall portfolio volatility.