Xai Octagon Floating Stock Probability of Future Stock Price Finishing Over 5.95
| XFLT Stock | USD 6.79 0.08 1.19% |
XAI |
XAI Octagon Target Price Odds to finish over 5.95
The tendency of XAI 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 above $ 5.95 in 90 days |
| 6.79 | 90 days | 5.95 | close to 99 |
Based on a normal probability distribution, the odds of XAI Octagon to stay above $ 5.95 in 90 days from now is close to 99 (This XAI Octagon Floating probability density function shows the probability of XAI Stock to fall within a particular range of prices over 90 days) . Probability of XAI Octagon Floating price to stay between $ 5.95 and its current price of $6.79 at the end of the 90-day period is about 53.29 .
Given the investment horizon of 90 days XAI Octagon has a beta of 0.12. This entails as returns on the market go up, XAI Octagon average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding XAI Octagon Floating will be expected to be much smaller as well. Additionally XAI Octagon Floating 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. XAI Octagon Price Density |
| Price |
Predictive Modules for XAI Octagon
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as XAI Octagon Floating. 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.XAI Octagon Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. XAI Octagon is not an exception. The market had few large corrections towards the XAI Octagon'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 XAI Octagon Floating, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of XAI Octagon within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0077 | |
β | Beta against Dow Jones | 0.12 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | -0.16 |
XAI Octagon 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 XAI Octagon for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for XAI Octagon Floating can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| XAI Octagon generates negative cash flow from operations | |
| On 2nd of December 2024 XAI Octagon paid $ 0.085 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: XAI Octagon Floating Rate Alternative Income Trust Declares its Monthly Common Shares Distribution of 0.077 per Share |
XAI Octagon 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 XAI Stock often depends not only on the future outlook of the current and potential XAI Octagon'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. XAI Octagon's indicators that are reflective of the short sentiment are summarized in the table below.
| Dividends Paid | 49.1 M | |
| Cash And Short Term Investments | 7.9 M | |
| Forward Annual Dividend Rate | 1.02 |
XAI Octagon Technical Analysis
XAI Octagon's future price can be derived by breaking down and analyzing its technical indicators over time. XAI Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of XAI Octagon Floating. In general, you should focus on analyzing XAI Stock price patterns and their correlations with different microeconomic environments and drivers.
XAI Octagon Predictive Forecast Models
XAI Octagon's time-series forecasting models is one of many XAI Octagon'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 XAI Octagon'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 XAI Octagon Floating
Checking the ongoing alerts about XAI Octagon for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for XAI Octagon Floating help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| XAI Octagon generates negative cash flow from operations | |
| On 2nd of December 2024 XAI Octagon paid $ 0.085 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: XAI Octagon Floating Rate Alternative Income Trust Declares its Monthly Common Shares Distribution of 0.077 per Share |
Additional Tools for XAI Stock Analysis
When running XAI Octagon's price analysis, check to measure XAI Octagon's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy XAI Octagon is operating at the current time. Most of XAI Octagon's value examination focuses on studying past and present price action to predict the probability of XAI Octagon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move XAI Octagon's price. Additionally, you may evaluate how the addition of XAI Octagon to your portfolios can decrease your overall portfolio volatility.