Rxo Inc Stock Chance of Future Stock Price Finishing Under 30.88
| RXO Stock | USD 28.36 0.26 0.91% |
RXO |
RXO Target Price Odds to finish below 30.88
The tendency of RXO Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 30.88 after 90 days |
| 28.36 | 90 days | 30.88 | about 98.0 |
Based on a normal probability distribution, the odds of RXO to stay under $ 30.88 after 90 days from now is about 98.0 (This RXO Inc probability density function shows the probability of RXO Stock to fall within a particular range of prices over 90 days) . Probability of RXO Inc price to stay between its current price of $ 28.36 and $ 30.88 at the end of the 90-day period is about 40.41 .
Considering the 90-day investment horizon the stock has the beta coefficient of 2.66 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, RXO will likely underperform. Additionally RXO Inc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. RXO Price Density |
| Price |
Predictive Modules for RXO
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as RXO Inc. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of RXO'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.
RXO Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. RXO is not an exception. The market had few large corrections towards the RXO's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold RXO Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of RXO within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.21 | |
β | Beta against Dow Jones | 2.66 | |
σ | Overall volatility | 1.34 | |
Ir | Information ratio | -0.0062 |
RXO Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of RXO for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for RXO Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| RXO Inc had very high historical volatility over the last 90 days | |
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: RXO Earns 2024 Top Software and Tech Award |
RXO Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of RXO Stock often depends not only on the future outlook of the current and potential RXO's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. RXO's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 119.5 M | |
| Cash And Short Term Investments | 5 M |
RXO Technical Analysis
RXO's future price can be derived by breaking down and analyzing its technical indicators over time. RXO Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of RXO Inc. In general, you should focus on analyzing RXO Stock price patterns and their correlations with different microeconomic environments and drivers.
RXO Predictive Forecast Models
RXO's time-series forecasting models is one of many RXO's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary RXO's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about RXO Inc
Checking the ongoing alerts about RXO for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for RXO Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| RXO Inc had very high historical volatility over the last 90 days | |
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: RXO Earns 2024 Top Software and Tech Award |
Check out RXO Backtesting, RXO Valuation, RXO Correlation, RXO Hype Analysis, RXO Volatility, RXO History as well as RXO Performance. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Cargo Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of RXO. If investors know RXO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about RXO listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.93) | Earnings Share (2.14) | Revenue Per Share 31.776 | Quarterly Revenue Growth 0.066 | Return On Assets 0.0091 |
The market value of RXO Inc is measured differently than its book value, which is the value of RXO that is recorded on the company's balance sheet. Investors also form their own opinion of RXO's value that differs from its market value or its book value, called intrinsic value, which is RXO's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because RXO's market value can be influenced by many factors that don't directly affect RXO's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between RXO's value and its price as these two are different measures arrived at by different means. Investors typically determine if RXO is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RXO's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.