Xero Limited Stock Market Value

XROLF Stock  USD 108.72  0.32  0.30%   
Xero's market value is the price at which a share of Xero trades on a public exchange. It measures the collective expectations of Xero Limited investors about its performance. Xero is trading at 108.72 as of the 5th of December 2024. This is a 0.30 percent increase since the beginning of the trading day. The stock's lowest day price was 108.72.
With this module, you can estimate the performance of a buy and hold strategy of Xero Limited and determine expected loss or profit from investing in Xero over a given investment horizon. Check out Xero Correlation, Xero Volatility and Xero Alpha and Beta module to complement your research on Xero.
Symbol

Please note, there is a significant difference between Xero's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xero is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xero'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.

Xero 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Xero's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Xero.
0.00
12/16/2022
No Change 0.00  0.0 
In 1 year 11 months and 21 days
12/05/2024
0.00
If you would invest  0.00  in Xero on December 16, 2022 and sell it all today you would earn a total of 0.00 from holding Xero Limited or generate 0.0% return on investment in Xero over 720 days. Xero is related to or competes with Temenos Group, RenoWorks Software, Sage Group, Dassault Systemes, LifeSpeak, and RESAAS Services. Xero Limited, together with its subsidiaries, operates as a software as a service company in New Zealand, Australia, the... More

Xero Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Xero's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Xero Limited upside and downside potential and time the market with a certain degree of confidence.

Xero Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Xero's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xero's standard deviation. In reality, there are many statistical measures that can use Xero historical prices to predict the future Xero's volatility.
Hype
Prediction
LowEstimatedHigh
107.63108.72109.81
Details
Intrinsic
Valuation
LowRealHigh
97.85119.22120.31
Details
Naive
Forecast
LowNextHigh
104.35105.44106.54
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
106.35107.15107.95
Details

Xero Limited Backtested Returns

Xero appears to be very steady, given 3 months investment horizon. Xero Limited shows Sharpe Ratio of 0.2, which attests that the company had a 0.2% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Xero Limited, which you can use to evaluate the volatility of the company. Please utilize Xero's Mean Deviation of 0.6091, market risk adjusted performance of 2.25, and Downside Deviation of 1.63 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Xero holds a performance score of 15. The firm maintains a market beta of 0.0924, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Xero's returns are expected to increase less than the market. However, during the bear market, the loss of holding Xero is expected to be smaller as well. Please check Xero's potential upside, as well as the relationship between the skewness and day median price , to make a quick decision on whether Xero's historical returns will revert.

Auto-correlation

    
  0.63  

Good predictability

Xero Limited has good predictability. Overlapping area represents the amount of predictability between Xero time series from 16th of December 2022 to 11th of December 2023 and 11th of December 2023 to 5th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Xero Limited price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Xero price fluctuation can be explain by its past prices.
Correlation Coefficient0.63
Spearman Rank Test0.58
Residual Average0.0
Price Variance112.8

Xero Limited lagged returns against current returns

Autocorrelation, which is Xero pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Xero's pink sheet expected returns. We can calculate the autocorrelation of Xero returns to help us make a trade decision. For example, suppose you find that Xero has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Xero regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Xero pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xero pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xero pink sheet over time.
   Current vs Lagged Prices   
       Timeline  

Xero Lagged Returns

When evaluating Xero's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xero pink sheet have on its future price. Xero autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Xero autocorrelation shows the relationship between Xero pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Xero Limited.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in Xero Pink Sheet

Xero financial ratios help investors to determine whether Xero Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Xero with respect to the benefits of owning Xero security.