Xerox Corp Stock Probability of Future Stock Price Finishing Over 19.87
| XRX Stock | USD 9.14 0.08 0.88% |
Xerox |
Xerox Corp Target Price Odds to finish over 19.87
The tendency of Xerox 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 $ 19.87 or more in 90 days |
| 9.14 | 90 days | 19.87 | close to zero percent |
Based on a normal probability distribution, the odds of Xerox Corp to move over $ 19.87 or more in 90 days from now is close to zero percent (This Xerox Corp probability density function shows the probability of Xerox Stock to fall within a particular range of prices over 90 days) . Probability of Xerox Corp price to stay between its current price of $ 9.14 and $ 19.87 at the end of the 90-day period is about 74.88 .
Considering the 90-day investment horizon the stock has the beta coefficient of 2.09 . This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Xerox Corp will likely underperform. Additionally Xerox Corp 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. Xerox Corp Price Density |
| Price |
Predictive Modules for Xerox Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Xerox Corp. 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.Xerox Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Xerox Corp is not an exception. The market had few large corrections towards the Xerox Corp'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 Xerox Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Xerox Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.46 | |
β | Beta against Dow Jones | 2.09 | |
σ | Overall volatility | 0.85 | |
Ir | Information ratio | -0.1 |
Xerox Corp 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 Xerox Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Xerox Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Xerox Corp generated a negative expected return over the last 90 days | |
| Xerox Corp has high historical volatility and very poor performance | |
| Xerox Corp has a strong financial position based on the latest SEC filings | |
| Over 92.0% of the company outstanding shares are owned by institutional investors | |
| On 31st of October 2024 Xerox Corp paid $ 0.25 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: ROSEN, NATIONAL TRIAL LAWYERS, Encourages Xerox Holdings Corporation. ... |
Xerox Corp 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 Xerox Stock often depends not only on the future outlook of the current and potential Xerox Corp'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. Xerox Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 149.1 M | |
| Cash And Short Term Investments | 519 M |
Xerox Corp Technical Analysis
Xerox Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Xerox Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Xerox Corp. In general, you should focus on analyzing Xerox Stock price patterns and their correlations with different microeconomic environments and drivers.
Xerox Corp Predictive Forecast Models
Xerox Corp's time-series forecasting models is one of many Xerox Corp'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 Xerox Corp'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 Xerox Corp
Checking the ongoing alerts about Xerox Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Xerox Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Xerox Corp generated a negative expected return over the last 90 days | |
| Xerox Corp has high historical volatility and very poor performance | |
| Xerox Corp has a strong financial position based on the latest SEC filings | |
| Over 92.0% of the company outstanding shares are owned by institutional investors | |
| On 31st of October 2024 Xerox Corp paid $ 0.25 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: ROSEN, NATIONAL TRIAL LAWYERS, Encourages Xerox Holdings Corporation. ... |
Additional Tools for Xerox Stock Analysis
When running Xerox Corp's price analysis, check to measure Xerox Corp'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 Xerox Corp is operating at the current time. Most of Xerox Corp's value examination focuses on studying past and present price action to predict the probability of Xerox Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xerox Corp's price. Additionally, you may evaluate how the addition of Xerox Corp to your portfolios can decrease your overall portfolio volatility.