Exro Historical Financial Ratios
| EXRO Stock | 0.07 0.01 8.33% |
Exro Technologies is recently reporting on over 94 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 2.42 or Days Sales Outstanding of 25.86 will help investors to properly organize and evaluate Exro Technologies financial condition quickly.
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About Exro Financial Ratios Analysis
Exro TechnologiesFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Exro Technologies investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Exro financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Exro Technologies history.
Exro Technologies Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Exro Technologies stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Exro Technologies sales, a figure that is much harder to manipulate than other Exro Technologies multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Exro Technologies dividend as a percentage of Exro Technologies stock price. Exro Technologies dividend yield is a measure of Exro Technologies stock productivity, which can be interpreted as interest rate earned on an Exro Technologies investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Most ratios from Exro Technologies' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Exro Technologies current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Exro Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Exro Technologies' Average Receivables is very stable compared to the past year.
| 2024 | 2025 (projected) | Dividend Yield | 0.002341 | 0.002081 | Price To Sales Ratio | 2.5 | 2.38 |
Exro Technologies fundamentals Correlations
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Exro Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Exro Technologies
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 Exro Technologies 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 Exro Technologies will appreciate offsetting losses from the drop in the long position's value.Moving against Exro Stock
| 0.85 | AUAU | Allegiant Gold Split | PairCorr |
| 0.82 | NA | National Bank | PairCorr |
| 0.78 | RCI-A | Rogers Communications Earnings Call Tomorrow | PairCorr |
| 0.77 | MUR | Murchison Minerals Split | PairCorr |
| 0.76 | FFH-PH | Fairfax Financial | PairCorr |
The ability to find closely correlated positions to Exro Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Exro Technologies 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 Exro Technologies - 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 Exro Technologies to buy it.
The correlation of Exro Technologies 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 Exro Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Exro Technologies 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 Exro Technologies 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.Other Information on Investing in Exro Stock
Exro TechnologiesFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Exro Technologies investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Exro financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Exro Technologies history.