US Xpress Stock Forecast - Accumulation Distribution
USXDelisted Stock | USD 6.14 0.01 0.16% |
USX Stock Forecast is based on your current time horizon.
USX |
Previous Accumulation Distribution | Accumulation Distribution | Trend |
7980.92 | 1844.88 |
Check US Xpress Volatility | Backtest US Xpress | Trend Details |
US Xpress Trading Date Momentum
On June 27 2023 US Xpress Enterprises was traded for 6.13 at the closing time. Highest US Xpress's price during the trading hours was 6.14 and the lowest price during the day was 6.13 . The net volume was 245 K. The overall trading history on the 27th of June contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.16% . The trading price change to current price is 0.16% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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US Xpress Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with US Xpress stock to make a market-neutral strategy. Peer analysis of US Xpress could also be used in its relative valuation, which is a method of valuing US Xpress by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
US Xpress Market Strength Events
Market strength indicators help investors to evaluate how US Xpress stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading US Xpress shares will generate the highest return on investment. By undertsting and applying US Xpress stock market strength indicators, traders can identify US Xpress Enterprises entry and exit signals to maximize returns.
US Xpress Risk Indicators
The analysis of US Xpress' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in US Xpress' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting usx stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Mean Deviation | 0.2286 | |||
Semi Deviation | 0.1658 | |||
Standard Deviation | 0.3272 | |||
Variance | 0.1071 | |||
Downside Variance | 0.1875 | |||
Semi Variance | 0.0275 | |||
Expected Short fall | (0.34) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Other Consideration for investing in USX Stock
If you are still planning to invest in US Xpress Enterprises check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the US Xpress' history and understand the potential risks before investing.
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