Xtract One Stock Forecast - Period Momentum Indicator
XTRA Stock | 0.67 0.02 2.90% |
Xtract Stock Forecast is based on your current time horizon. Although Xtract One's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Xtract One's systematic risk associated with finding meaningful patterns of Xtract One fundamentals over time.
Xtract |
Previous Period Momentum Indicator | Period Momentum Indicator | Trend |
(0.02) | (0.02) |
Check Xtract One Volatility | Backtest Xtract One | Information Ratio |
Xtract One Trading Date Momentum
On November 25 2024 Xtract One Technologies was traded for 0.67 at the closing time. The highest price during the trading period was 0.69 and the lowest recorded bid was listed for 0.66 . The volume for the day was 158.9 K. This history from November 25, 2024 had no short-term effect on price fluctuation. The trading price change to the current price is 2.99% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for Xtract One
For every potential investor in Xtract, whether a beginner or expert, Xtract One's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Xtract Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Xtract. Basic forecasting techniques help filter out the noise by identifying Xtract One's price trends.Xtract One 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 Xtract One stock to make a market-neutral strategy. Peer analysis of Xtract One could also be used in its relative valuation, which is a method of valuing Xtract One by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Xtract One Technologies Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Xtract One's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Xtract One's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Xtract One Market Strength Events
Market strength 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 undertsting and applying Xtract One stock market strength indicators, traders can identify Xtract One Technologies entry and exit signals to maximize returns.
Xtract One Risk Indicators
The analysis of Xtract One's 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 Xtract One's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting xtract 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 | 2.23 | |||
Semi Deviation | 2.29 | |||
Standard Deviation | 2.93 | |||
Variance | 8.59 | |||
Downside Variance | 9.0 | |||
Semi Variance | 5.25 | |||
Expected Short fall | (3.11) |
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.
Pair Trading with Xtract One
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Xtract One position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Xtract One will appreciate offsetting losses from the drop in the long position's value.Moving together with Xtract Stock
Moving against Xtract Stock
0.56 | DELX | DelphX Capital Markets Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Xtract One could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Xtract One when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Xtract One - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Xtract One Technologies to buy it.
The correlation of Xtract One is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Xtract One moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Xtract One Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Xtract One can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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.