Xeros Technology (UK) Market Value
| XSG Stock | 0.38 0.02 5.00% |
| Symbol | Xeros |
Xeros Technology '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 Xeros Technology's stock 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 Xeros Technology.
| 01/05/2023 |
| 12/25/2024 |
If you would invest 0.00 in Xeros Technology on January 5, 2023 and sell it all today you would earn a total of 0.00 from holding Xeros Technology Group or generate 0.0% return on investment in Xeros Technology over 720 days. Xeros Technology is related to or competes with Samsung Electronics, Samsung Electronics, Hyundai, Toyota, State Bank, SoftBank Group, and Reliance Industries. Xeros Technology is entity of United Kingdom More
Xeros Technology 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 Xeros Technology's stock 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 Xeros Technology Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 20.0 | |||
| Value At Risk | (7.02) | |||
| Potential Upside | 2.99 |
Xeros Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xeros Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xeros Technology's standard deviation. In reality, there are many statistical measures that can use Xeros Technology historical prices to predict the future Xeros Technology's volatility.| Risk Adjusted Performance | (0.19) | |||
| Jensen Alpha | (0.77) | |||
| Total Risk Alpha | (0.88) | |||
| Treynor Ratio | (1.54) |
Xeros Technology Backtested Returns
Xeros Technology shows Sharpe Ratio of -0.25, which attests that the company had a -0.25% return per unit of risk over the last 3 months. Xeros Technology exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Xeros Technology's Standard Deviation of 3.03, market risk adjusted performance of (1.53), and Mean Deviation of 1.87 to validate the risk estimate we provide. The firm maintains a market beta of 0.49, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Xeros Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding Xeros Technology is expected to be smaller as well. At this point, Xeros Technology has a negative expected return of -0.76%. Please make sure to check out Xeros Technology's kurtosis, as well as the relationship between the rate of daily change and price action indicator , to decide if Xeros Technology performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.87 |
Very good predictability
Xeros Technology Group has very good predictability. Overlapping area represents the amount of predictability between Xeros Technology time series from 5th of January 2023 to 31st of December 2023 and 31st of December 2023 to 25th 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 Xeros Technology price movement. The serial correlation of 0.87 indicates that approximately 87.0% of current Xeros Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.87 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.99 |
Xeros Technology lagged returns against current returns
Autocorrelation, which is Xeros Technology stock'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 Xeros Technology's stock expected returns. We can calculate the autocorrelation of Xeros Technology returns to help us make a trade decision. For example, suppose you find that Xeros Technology has exhibited high autocorrelation historically, and you observe that the stock 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 |
Xeros Technology 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 Xeros Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xeros Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xeros Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Xeros Technology Lagged Returns
When evaluating Xeros Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xeros Technology stock have on its future price. Xeros Technology 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, Xeros Technology autocorrelation shows the relationship between Xeros Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Xeros Technology Group.
Regressed Prices |
| Timeline |
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Xeros Technology financial ratios help investors to determine whether Xeros Stock 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 Xeros with respect to the benefits of owning Xeros Technology security.