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Is Xylo (USA Stocks:XYLO) catching up with Edwards (USA Stocks:EW)?

August 5, 2024  By
By analyzing key indicators between Xylo Technologies and Edwards, you can assess how market volatility impacts both companies' stock prices and determine if they can mitigate market risk when combined in a portfolio. Additionally, consider employing pair trading strategies by taking a long position in Edwards and a short position in Xylo Technologies. For more details, check our pair correlation module. Now, let's examine the assets. Asset utilization refers to the revenue generated for each dollar of assets reported by a company. Xylo's recent return on assets indicates ineffective asset usage as of August.

Main Takeaways

Xylo Technologies (NASDAQ: XYLO) is currently navigating a challenging market landscape, with a recent price percent change of -27.87 indicating significant volatility. However, its strong Treynor Ratio of 23.1 suggests that the stock may offer better risk-adjusted returns compared to competitors like Edwards Lifesciences (NYSE: EW). With a cash position of 9.4M, Xylo has the liquidity to invest in growth opportunities, potentially positioning itself for future outperformance in the medical devices sector. Investors should closely monitor these dynamics as they evaluate the stock's potential against its peers.
Published over three months ago
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Reviewed by Gabriel Shpitalnik

In the world of investing, the adage "the early bird catches the worm" often rings true, especially when evaluating emerging players in competitive sectors. Xylo Technologies (NASDAQ: XYLO), operating within the medical devices industry, is currently under the spotlight as it navigates a challenging financial landscape. With a recent day median price of $4.76 and a valuation market value of $4.27, the company is striving to establish its foothold amidst industry giants like Edwards Lifesciences (NYSE: EW). Despite reporting a loss in its latest fiscal year, Xylo's potential upside price of $28.81 suggests that there may be significant room for growth. As investors weigh the prospects of Xylo against established competitors, the question remains: can this newcomer capitalize on its opportunities and outperform a stalwart like Edwards Lifesciences? Edwards Lifesciences appears poised for a correction, as its share price increased by 1.67%, compared to Xylo Technologies' 27.87%. With many rational traders steering clear of the healthcare sector, it's worthwhile to take a closer look at Xylo Technologies and assess its position relative to Edwards Lifesciences and similar companies. We will focus on the competitive aspects of both Xylo and Edwards.
Out of tens of thousands of stocks, funds, and ETFs that trade on global exchanges each represent an individual company which you can analyze using comparative analysis. To determine which one of the two entities, such as Xylo or Radcom is a better fit for your portfolio, analyzing a few basic fundamental indicators is a good first step.

Correlation Between Xylo and Radcom

In general, Stock analysis is a method for investors and traders to make individual buying and selling decisions. Stock correlation analysis is also essential because it can help investors realize that they may not be as diversified as they think. Risk management strategies are usually required to make sure all portfolios are properly aligned against their risk tolerance level. You can consider holding Xylo Technologies together with similar or unrelated positions with a negative correlation. For example, you can also add Radcom to your portfolio. If Radcom is not perfectly correlated to Xylo Technologies it will diversify some of the market risks out of the positively correlated stocks in your portfolio. However, the disadvantage of this sort of hedging is that it can potentially affect your investment returns throughout market cycles. When Xylo Technologies, for example, performs excellent and delivers stable returns, the negatively correlated position you locked in as a hedge may drag your returns down.
Are you currently holding both Xylo Technologies and Radcom in your portfolio? Please note if you are using this as a pair-trade strategy between Xylo Technologies and Radcom, watch out for correlation discrepancy over time. Relying on the historical price correlations and assuming that it will not change may lead to short-term losses. Please check pair correlation details between XYLO and RDCM for more information.

How does Xylo utilize its cash?

At this time, Xylo Technologies' Stock Based Compensation is very stable compared to the past year. . To perform a cash flow analysis of Xylo Technologies, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Xylo Technologies is receiving and how much cash it distributes out in a given period. The Xylo Technologies cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.

Xylo Technologies Gross Profit

Xylo Technologies Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Xylo Technologies previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Xylo Technologies Gross Profit growth over the last 10 years. Please check Xylo Technologies' gross profit and other fundamental indicators for more details.

An Additional Perspective On Xylo Technologies

Total Debt Breakdown

Lets now check Xylo Technologies total debt. Based on the latest financial disclosure, Xylo Technologies has a Total Debt of 8.98 M. This is 99.67% lower than that of the Healthcare sector and 99.49% lower than that of the Medical Devices industry. The total debt for all United States stocks is 99.83% higher than that of the company.
As for Edwards Lifesciences we see total debt of 694.9 M, which is 60.22% lower than that of the Medical Devices
Sector
1.7 B
EW
694.9 M
XYLO8.98 Million0.37
Sector1.75 Billion71.28
EW694.9 Million28.35
In the world of finance, the adage "the trend is your friend" rings especially true when evaluating potential stock performance. Xylo Technologies (NASDAQ: XYLO) appears to be gaining traction with a notable Jensen Alpha of 2.79, suggesting it is outperforming its expected return based on its risk profile. However, investors should be cautious as the company faces a staggering 96% probability of bankruptcy, raising red flags about its financial stability. With a market risk-adjusted performance of 23.11 and a potential upside of 17.9%, XYLO could still present an attractive opportunity compared to Edwards Lifesciences (NYSE: EW), but the significant risks cannot be overlooked. As always, thorough due diligence is essential before making investment decisions in this volatile healthcare sector..

Will Xylo Technologies continue to go nuts?

Xylo Technologies stock has recently seen its mean deviation drop to 7.96, indicating a potential decline in volatility that could stabilize its price movements. This reduction may create a more predictable trading environment, attracting risk-averse investors. As the market adjusts to this change, it raises the question of whether Xylo can sustain its momentum or if a calmer trading phase is ahead. As of August 5th, Xylo Technologies reports a mean deviation of 7.96, a downside deviation of 7.22, and a market risk-adjusted performance of 23.11.
Investors can utilize the technical analysis model to explore existing technical drivers and their relationships with Xylo's fundamental indicators.In conclusion, while Xylo Technologies has shown some potential with a naive expected forecast value of 6.18, the current market valuation of 4.27 suggests that the stock may be overvalued in light of its recent performance. Investors should remain cautious, especially considering the possible downside price of 0.0427. As we approach the fiscal year-end in December, it will be crucial to monitor any developments that could impact the company's fundamentals. Overall, while there may be some upside potential, the current indicators suggest that Xylo Technologies is facing significant challenges that could lead to further volatility..

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Editorial Staff

Rifka Kats is a Member of Macroaxis Editorial Board. Rifka writes about retail product and service companies from the perspective of a regular consumer and sophisticated investor at the same time. She is passionate about corporate ethics and equality in the workforce. View Profile
This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Rifka Kats do not own shares of Xylo Technologies. Please refer to our Terms of Use for any information regarding our disclosure principles.

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