XSG Stock | | | 0.40 0.03 6.98% |
Xeros Technology financial indicator trend analysis is more than just analyzing Xeros Technology current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xeros Technology is a good investment. Please check the relationship between Xeros Technology Total Operating Expenses and its Net Income accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xeros Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Total Operating Expenses vs Net Income
Total Operating Expenses vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Xeros Technology Total Operating Expenses account and
Net Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Xeros Technology's Total Operating Expenses and Net Income is -0.96. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Net Income in the same time period over historical financial statements of Xeros Technology Group, assuming nothing else is changed. The correlation between historical values of Xeros Technology's Total Operating Expenses and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Xeros Technology Group are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Total Operating Expenses i.e., Xeros Technology's Total Operating Expenses and Net Income go up and down completely randomly.
Correlation Coefficient | -0.96 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Xeros Technology financial statement analysis. It represents the amount of money remaining after all of Xeros Technology Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Xeros Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xeros Technology 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 Xeros Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
As of December 18, 2024,
Selling General Administrative is expected to decline to about 1.7
M. In addition to that,
Tax Provision is expected to decline to about (546
K)
| 2021 | 2022 | 2023 | 2024 (projected) |
Total Operating Expenses | 7.1M | 7.4M | 4.8M | 4.6M | Cost Of Revenue | 193K | 80K | 203K | 192.9K |
Xeros Technology fundamental ratios Correlations
Click cells to compare fundamentals
Xeros Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Xeros Technology fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Xeros Stock
Balance Sheet is a snapshot of the
financial position of Xeros Technology at a specified time, usually calculated after every quarter, six months, or one year. Xeros Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Xeros Technology and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Xeros currently owns. An asset can also be divided into two categories, current and non-current.