XL Fleet Current Valuation vs. Price To Earnings To Growth
| XLDelisted Stock | USD 1.01 0.12 13.48% |
For XL Fleet profitability analysis, we use financial ratios and fundamental drivers that measure the ability of XL Fleet to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well XL Fleet Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between XL Fleet's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of XL Fleet Corp over time as well as its relative position and ranking within its peers.
XL Fleet |
XL Fleet Corp Price To Earnings To Growth vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining XL Fleet's current stock value. Our valuation model uses many indicators to compare XL Fleet value to that of its competitors to determine the firm's financial worth. XL Fleet Corp is rated second in current valuation category among its peers. It is rated first in price to earnings to growth category among its peers . The ratio of Current Valuation to Price To Earnings To Growth for XL Fleet Corp is about 547,775,907 . Comparative valuation analysis is a catch-all technique that is used if you cannot value XL Fleet by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.XL Fleet Price To Earnings To Growth vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
XL Fleet |
| = | 416.31 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
XL Fleet |
| = | 0.76 X |
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
XL Fleet Price To Earnings To Growth Comparison
XL Fleet is currently under evaluation in price to earnings to growth category among its peers.
XL Fleet Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in XL Fleet, profitability is also one of the essential criteria for including it into their portfolios because, without profit, XL Fleet will eventually generate negative long term returns. The profitability progress is the general direction of XL Fleet's change in net profit over the period of time. It can combine multiple indicators of XL Fleet, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
XL Fleet Corp. provides fleet electrification solutions for commercial vehicles in North America. The company was incorporated in 2009 and is headquartered in Boston, Massachusetts. XL Fleet operates under Auto Parts classification in the United States and is traded on New York Stock Exchange. It employs 177 people.
XL Fleet Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on XL Fleet. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of XL Fleet position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the XL Fleet's important profitability drivers and their relationship over time.
Use XL Fleet in pair-trading
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 XL Fleet 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 XL Fleet will appreciate offsetting losses from the drop in the long position's value.XL Fleet Pair Trading
XL Fleet Corp Pair Trading Analysis
The ability to find closely correlated positions to XL Fleet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace XL Fleet 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 XL Fleet - 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 XL Fleet Corp to buy it.
The correlation of XL Fleet 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 XL Fleet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if XL Fleet Corp 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 XL Fleet 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.Use Investing Themes to Complement your XL Fleet position
In addition to having XL Fleet in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Utilities - Regulated Electric Thematic Idea Now
Utilities - Regulated Electric
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Utilities - Regulated Electric theme has 7 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Utilities - Regulated Electric Theme or any other thematic opportunities.
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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 bureau of economic analysis. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Other Consideration for investing in XL Fleet Stock
If you are still planning to invest in XL Fleet Corp 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 XL Fleet's history and understand the potential risks before investing.
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