Xtract One Technologies Stock Alpha and Beta Analysis
| XTRA Stock | 0.66 0.01 1.49% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Xtract One Technologies. It also helps investors analyze the systematic and unsystematic risks associated with investing in Xtract One over a specified time horizon. Remember, high Xtract One's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Xtract One's market risk premium analysis include:
Beta (0.06) | Alpha 0.034 | Risk 2.68 | Sharpe Ratio 0.0591 | Expected Return 0.16 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Xtract |
Xtract One Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Xtract One market risk premium is the additional return an investor will receive from holding Xtract One long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Xtract One. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Xtract One's performance over market.| α | 0.03 | β | -0.06 |
Xtract One expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Xtract One's Buy-and-hold return. Our buy-and-hold chart shows how Xtract One performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Xtract One Market Price Analysis
Market price analysis indicators help investors to evaluate how Xtract One stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Xtract One shares will generate the highest return on investment. By understating and applying Xtract One stock market price indicators, traders can identify Xtract One position entry and exit signals to maximize returns.
Xtract One Return and Market Media
The median price of Xtract One for the period between Tue, Sep 3, 2024 and Mon, Dec 2, 2024 is 0.67 with a coefficient of variation of 5.02. The daily time series for the period is distributed with a sample standard deviation of 0.03, arithmetic mean of 0.66, and mean deviation of 0.03. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Xtract One Technologies Launches New Gateway Weapons Detection for Customers with Laptops and Other Large Items - StockTitan | 09/17/2024 |
2 | Xtract One Announces Annual Fiscal 2024 Results - StockTitan | 10/24/2024 |
3 | Xtract One Technologies Operating Income -7.56 Mil - GuruFocus.com | 11/21/2024 |
About Xtract One Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Xtract or other stocks. Alpha measures the amount that position in Xtract One Technologies has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 0.11 | 0.69 | 1.53 | 1.6 | Days Of Inventory On Hand | 1.5K | 338.26 | 220.69 | 209.66 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Xtract One in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Xtract One's short interest history, or implied volatility extrapolated from Xtract One options trading.
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Other Information on Investing in Xtract Stock
Xtract One financial ratios help investors to determine whether Xtract 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 Xtract with respect to the benefits of owning Xtract One security.