QXO Competitors
| QXO Stock | 22.84 0.76 3.44% |
QXO vs Dayforce Correlation
Poor diversification
The correlation between QXO Inc and DAY is 0.76 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding QXO Inc and DAY in the same portfolio, assuming nothing else is changed.
Moving together with QXO Stock
| 0.88 | AL | Air Lease | PairCorr |
| 0.79 | DSGR | Distribution Solutions | PairCorr |
| 0.78 | WLFC | Willis Lease Finance | PairCorr |
| 0.79 | FTAI | FTAI Aviation | PairCorr |
Moving against QXO Stock
| 0.71 | EFN | Element Fleet Management | PairCorr |
| 0.47 | BOSN | Bossard Holding AG | PairCorr |
| 0.45 | AA4 | Amedeo Air Four | PairCorr |
| 0.42 | BKRKF | PT Bank Rakyat Earnings Call This Week | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of QXO's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
QXO Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between QXO and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of QXO and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of QXO Inc does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between QXO Stock performing well and QXO Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze QXO's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DOCU | 2.10 | (0.62) | 0.00 | (0.65) | 0.00 | 3.08 | 12.28 | |||
| DT | 1.58 | (0.54) | 0.00 | (0.92) | 0.00 | 2.62 | 11.08 | |||
| MANH | 1.48 | (0.44) | 0.00 | (0.50) | 0.00 | 2.51 | 8.34 | |||
| PAYC | 1.53 | (0.64) | 0.00 | (0.57) | 0.00 | 2.32 | 11.72 | |||
| BSY | 1.27 | (0.73) | 0.00 | (0.72) | 0.00 | 2.05 | 9.65 | |||
| KSPI | 1.39 | (0.02) | (0.01) | 0.03 | 1.51 | 3.31 | 9.17 | |||
| DUOL | 2.66 | (1.13) | 0.00 | (3.20) | 0.00 | 4.69 | 28.47 | |||
| SAIL | 2.34 | (0.61) | 0.00 | (0.35) | 0.00 | 3.80 | 12.91 | |||
| PCOR | 1.85 | (0.53) | 0.00 | (0.50) | 0.00 | 2.53 | 19.25 | |||
| DAY | 0.14 | 0.02 | (0.13) | 0.47 | 0.00 | 0.29 | 0.93 |
Cross Equities Net Income Analysis
Compare QXO Inc and related stocks such as DocuSign, Dynatrace Holdings LLC, and Manhattan Associates Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DOCU | (122.6 M) | (122.6 M) | (122.6 M) | (122.6 M) | (122.6 M) | (122.6 M) | (115.4 M) | (52.3 M) | (426.5 M) | (208.4 M) | (243.3 M) | (70 M) | (97.5 M) | 74 M | 1.1 B | 1.2 B | 1.3 B |
| DT | 796 K | 796 K | 796 K | 796 K | 796 K | 796 K | 796 K | 9.2 M | (116.2 M) | (413.8 M) | 75.7 M | 52.5 M | 108 M | 154.6 M | 483.7 M | 556.2 M | 584 M |
| MANH | 8.3 M | 44.9 M | 51.9 M | 67.3 M | 82 M | 103.5 M | 124.2 M | 116.5 M | 104.7 M | 85.8 M | 87.2 M | 110.5 M | 129 M | 176.6 M | 218.4 M | 219.9 M | 230.9 M |
| PAYC | 1.4 M | 1.4 M | (406 K) | 7.7 M | 5.7 M | 20.9 M | 43.8 M | 66.8 M | 137.1 M | 180.6 M | 143.5 M | 196 M | 281.4 M | 340.8 M | 502 M | 577.3 M | 606.2 M |
| BSY | 142.1 M | 142.1 M | 142.1 M | 142.1 M | 142.1 M | 142.1 M | 142.1 M | 142.1 M | 142.1 M | 103.1 M | 126.5 M | 93.2 M | 174.8 M | 326.8 M | 234.8 M | 270 M | 188.8 M |
| KSPI | 193.8 B | 193.8 B | 193.8 B | 193.8 B | 193.8 B | 193.8 B | 193.8 B | 193.8 B | 193.8 B | 193.8 B | 261 B | 431.9 B | 585 B | 841.4 B | 1 T | 1.2 T | 614.7 B |
| DUOL | (13.6 M) | (13.6 M) | (13.6 M) | (13.6 M) | (13.6 M) | (13.6 M) | (13.6 M) | (13.6 M) | (13.6 M) | (13.6 M) | (15.8 M) | (60.1 M) | (59.6 M) | 16.1 M | 88.6 M | 101.9 M | 107 M |
| SAIL | (10.8 M) | (10.8 M) | (10.8 M) | (10.8 M) | (10.8 M) | (10.8 M) | (3.2 M) | (7.6 M) | 3.7 M | (8.5 M) | (10.8 M) | (61.6 M) | (395.4 M) | (395.4 M) | (315.8 M) | (284.2 M) | (270 M) |
| PCOR | (55.5 M) | (55.5 M) | (55.5 M) | (55.5 M) | (55.5 M) | (55.5 M) | (55.5 M) | (55.5 M) | (56.7 M) | (83.1 M) | (96.2 M) | (265.2 M) | (286.9 M) | (189.7 M) | (106 M) | (95.4 M) | (100.1 M) |
| DAY | (104.7 M) | (104.7 M) | (104.7 M) | (104.7 M) | (104.7 M) | (104.7 M) | (92.9 M) | (9.2 M) | (60.6 M) | 78.7 M | (4 M) | (75.4 M) | (73.4 M) | 54.8 M | 18.1 M | 20.8 M | 21.9 M |
QXO Inc and related stocks such as DocuSign, Dynatrace Holdings LLC, and Manhattan Associates Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in QXO Inc financial statement analysis. It represents the amount of money remaining after all of QXO Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.QXO Competitive Analysis
The better you understand QXO competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, QXO's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across QXO's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
QXO Competition Performance Charts
Five steps to successful analysis of QXO Competition
QXO's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by QXO Inc in relation to its competition. QXO's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of QXO in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact QXO's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to QXO Inc, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your QXO position
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Companies involved in publishing of books, newspapers, periodicals and other mass publications. The Books theme has 45 constituents at this time.
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Check out QXO Correlation with its peers. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Will Trading Companies & Distributors sector continue expanding? Could QXO diversify its offerings? Factors like these will boost the valuation of QXO. Anticipated expansion of QXO directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every QXO data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share (0.47) | Revenue Per Share | Quarterly Revenue Growth 207.267 | Return On Assets | Return On Equity |
The market value of QXO Inc is measured differently than its book value, which is the value of QXO that is recorded on the company's balance sheet. Investors also form their own opinion of QXO's value that differs from its market value or its book value, called intrinsic value, which is QXO's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because QXO's market value can be influenced by many factors that don't directly affect QXO's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between QXO's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding QXO should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, QXO's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.