Xero Limited Stock Technical Analysis
| XROLF Stock | USD 108.72 0.32 0.30% |
As of the 7th of December, Xero maintains the Market Risk Adjusted Performance of 1.79, mean deviation of 0.5851, and Downside Deviation of 1.63. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Xero Limited, as well as the relationship between them. Please check out Xero Limited jensen alpha, potential upside, as well as the relationship between the Potential Upside and skewness to decide if Xero Limited is priced fairly, providing market reflects its latest price of 108.72 per share. Given that Xero Limited has jensen alpha of 0.1827, we strongly advise you to confirm Xero Limited's prevalent market performance to make sure the company can sustain itself at a future point.
Xero Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Xero, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to XeroXero |
Xero technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
Xero Limited Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Xero Limited volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Xero Limited Trend Analysis
Use this graph to draw trend lines for Xero Limited. You can use it to identify possible trend reversals for Xero as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Xero price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Xero Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Xero Limited applied against its price change over selected period. The best fit line has a slop of 0.18 , which means Xero Limited will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1257.14, which is the sum of squared deviations for the predicted Xero price change compared to its average price change.About Xero Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Xero Limited on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Xero Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Xero Limited price pattern first instead of the macroeconomic environment surrounding Xero Limited. By analyzing Xero's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Xero's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Xero specific price patterns or momentum indicators. Please read more on our technical analysis page.
Xero December 7, 2024 Technical Indicators
Most technical analysis of Xero help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Xero from various momentum indicators to cycle indicators. When you analyze Xero charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1457 | |||
| Market Risk Adjusted Performance | 1.79 | |||
| Mean Deviation | 0.5851 | |||
| Semi Deviation | 0.3838 | |||
| Downside Deviation | 1.63 | |||
| Coefficient Of Variation | 521.43 | |||
| Standard Deviation | 1.08 | |||
| Variance | 1.16 | |||
| Information Ratio | 0.0648 | |||
| Jensen Alpha | 0.1827 | |||
| Total Risk Alpha | 0.0129 | |||
| Sortino Ratio | 0.0429 | |||
| Treynor Ratio | 1.78 | |||
| Maximum Drawdown | 5.98 | |||
| Value At Risk | (0.70) | |||
| Potential Upside | 2.13 | |||
| Downside Variance | 2.66 | |||
| Semi Variance | 0.1473 | |||
| Expected Short fall | (1.58) | |||
| Skewness | 1.19 | |||
| Kurtosis | 6.85 |
Complementary Tools for Xero Pink Sheet analysis
When running Xero's price analysis, check to measure Xero'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 Xero is operating at the current time. Most of Xero's value examination focuses on studying past and present price action to predict the probability of Xero's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xero's price. Additionally, you may evaluate how the addition of Xero to your portfolios can decrease your overall portfolio volatility.
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