Xchange Tecinc Stock Probability of Future Stock Price Finishing Over 17.85
| XHG Stock | 1.64 0.10 6.49% |
XChange |
XChange TECINC Target Price Odds to finish over 17.85
The tendency of XChange Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over 17.85 or more in 90 days |
| 1.64 | 90 days | 17.85 | nearly 4.11 |
Based on a normal probability distribution, the odds of XChange TECINC to move over 17.85 or more in 90 days from now is nearly 4.11 (This XChange TECINC probability density function shows the probability of XChange Stock to fall within a particular range of prices over 90 days) . Probability of XChange TECINC price to stay between its current price of 1.64 and 17.85 at the end of the 90-day period is about 78.79 .
Considering the 90-day investment horizon XChange TECINC has a beta of 0.76. This entails as returns on the market go up, XChange TECINC average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding XChange TECINC will be expected to be much smaller as well. Additionally XChange TECINC has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. XChange TECINC Price Density |
| Price |
Predictive Modules for XChange TECINC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as XChange TECINC. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.XChange TECINC Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. XChange TECINC is not an exception. The market had few large corrections towards the XChange TECINC's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold XChange TECINC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of XChange TECINC within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -2.05 | |
β | Beta against Dow Jones | 0.76 | |
σ | Overall volatility | 6.03 | |
Ir | Information ratio | -0.12 |
XChange TECINC Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of XChange TECINC for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for XChange TECINC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| XChange TECINC generated a negative expected return over the last 90 days | |
| XChange TECINC has high historical volatility and very poor performance | |
| XChange TECINC may become a speculative penny stock | |
| XChange TECINC has a very high chance of going through financial distress in the upcoming years | |
| XChange TECINC was previously known as FLJ Group and was traded on NASDAQ Exchange under the symbol FLJ. | |
| Reported Net Loss for the year was (3.87 M) with profit before taxes, overhead, and interest of 0. | |
| XChange TECINC generates negative cash flow from operations | |
| XChange TECINC has a frail financial position based on the latest SEC disclosures | |
| Latest headline from kalkinemedia.com: XChange TEC.INC RECEIVES NASDAQ MINIMUM MARKET VALUE DEFICIENCY NOTICE |
XChange TECINC Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of XChange Stock often depends not only on the future outlook of the current and potential XChange TECINC's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. XChange TECINC's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4675.12 | |
| Cash And Short Term Investments | 49.3 K |
XChange TECINC Technical Analysis
XChange TECINC's future price can be derived by breaking down and analyzing its technical indicators over time. XChange Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of XChange TECINC. In general, you should focus on analyzing XChange Stock price patterns and their correlations with different microeconomic environments and drivers.
XChange TECINC Predictive Forecast Models
XChange TECINC's time-series forecasting models is one of many XChange TECINC's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary XChange TECINC's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about XChange TECINC
Checking the ongoing alerts about XChange TECINC for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for XChange TECINC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| XChange TECINC generated a negative expected return over the last 90 days | |
| XChange TECINC has high historical volatility and very poor performance | |
| XChange TECINC may become a speculative penny stock | |
| XChange TECINC has a very high chance of going through financial distress in the upcoming years | |
| XChange TECINC was previously known as FLJ Group and was traded on NASDAQ Exchange under the symbol FLJ. | |
| Reported Net Loss for the year was (3.87 M) with profit before taxes, overhead, and interest of 0. | |
| XChange TECINC generates negative cash flow from operations | |
| XChange TECINC has a frail financial position based on the latest SEC disclosures | |
| Latest headline from kalkinemedia.com: XChange TEC.INC RECEIVES NASDAQ MINIMUM MARKET VALUE DEFICIENCY NOTICE |
Check out XChange TECINC Backtesting, XChange TECINC Valuation, XChange TECINC Correlation, XChange TECINC Hype Analysis, XChange TECINC Volatility, XChange TECINC History as well as XChange TECINC Performance. For more detail on how to invest in XChange Stock please use our How to Invest in XChange TECINC guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Real Estate Management & Development space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of XChange TECINC. If investors know XChange will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about XChange TECINC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.18) | Revenue Per Share 16.224 | Quarterly Revenue Growth (0.62) | Return On Assets (0.02) |
The market value of XChange TECINC is measured differently than its book value, which is the value of XChange that is recorded on the company's balance sheet. Investors also form their own opinion of XChange TECINC's value that differs from its market value or its book value, called intrinsic value, which is XChange TECINC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because XChange TECINC's market value can be influenced by many factors that don't directly affect XChange TECINC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between XChange TECINC's value and its price as these two are different measures arrived at by different means. Investors typically determine if XChange TECINC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, XChange TECINC'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.