Xai Octagon Floating Stock Price on July 24, 2023

XFLT Stock  USD 6.86  0.03  0.44%   
Below is the normalized historical share price chart for XAI Octagon Floating extending back to September 27, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of XAI Octagon stands at 6.86, as last reported on the 4th of December, with the highest price reaching 6.90 and the lowest price hitting 6.86 during the day.
IPO Date
27th of September 2017
200 Day MA
7.0087
50 Day MA
6.8938
 
Covid
If you're considering investing in XAI Stock, it is important to understand the factors that can impact its price. Currently, XAI Octagon Floating is very steady. XAI Octagon Floating shows Sharpe Ratio of 0.0619, which attests that the company had a 0.0619% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for XAI Octagon Floating, which you can use to evaluate the volatility of the entity. Please check out XAI Octagon's Mean Deviation of 0.3185, downside deviation of 1.13, and Risk Adjusted Performance of 0.0502 to validate if the risk estimate we provide is consistent with the expected return of 0.0417%.
  
At this time, XAI Octagon's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 46.1 M in 2024, despite the fact that Other Stockholder Equity is likely to grow to (14.4 M). . At this time, XAI Octagon's Price To Sales Ratio is comparatively stable compared to the past year. Price Earnings Ratio is likely to gain to 6.88 in 2024, whereas Price To Free Cash Flows Ratio is likely to drop (3.53) in 2024. XAI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0619

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Negative ReturnsXFLT

Estimated Market Risk

 0.67
  actual daily
5
95% of assets are more volatile

Expected Return

 0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average XAI Octagon is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of XAI Octagon by adding it to a well-diversified portfolio.
Price Book
1.0306
Price Sales
5.1219
Shares Outstanding
55.1 M
Market Capitalization
376.2 M
Shares Short Prior Month
51.7 K

XAI Octagon Valuation on July 24, 2023

It is possible to determine the worth of XAI Octagon on a given historical date. On July 24, 2023 XAI was worth 5.55 at the beginning of the trading date compared to the closed value of 5.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of XAI Octagon stock. Still, in general, we apply an absolute valuation method to find XAI Octagon's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of XAI Octagon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against XAI Octagon's related companies.
 Open High Low Close Volume
  5.50    5.55    5.49    5.53    273,900  
07/24/2023
  5.55    5.55    5.50    5.51    277,000  
  5.52    5.53    5.50    5.53    106,000  
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Open Value
5.55
5.51
Closing Value
7.57
Upside

XAI Octagon Trading Date Momentum on July 24, 2023

On July 25 2023 XAI Octagon Floating was traded for  5.53  at the closing time. The top price for the day was 5.53  and the lowest listed price was  5.50 . The trading volume for the day was 106 K. The trading history from July 25, 2023 was a factor to the next trading day price appreciation. The trading price change against the next closing price was 0.36% . The trading price change against the current closing price is 1.45% .

XAI Octagon Floating Fundamentals Correlations and Trends

By evaluating XAI Octagon's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among XAI Octagon's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. XAI financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About XAI Octagon Stock history

XAI Octagon investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for XAI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in XAI Octagon Floating will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing XAI Octagon stock prices may prove useful in developing a viable investing in XAI Octagon
Last ReportedProjected for Next Year
Common Stock Shares Outstanding44 M46.1 M

XAI Octagon Stock Technical Analysis

XAI Octagon technical stock 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, stock market cycles, or different charting patterns.
A focus of XAI Octagon technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of XAI Octagon trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

XAI Octagon Period Price Range

Low
December 4, 2024
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High

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XAI Octagon Floating cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

XAI Octagon December 4, 2024 Market Strength

Market strength indicators help investors to evaluate how XAI Octagon stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading XAI Octagon shares will generate the highest return on investment. By undertsting and applying XAI Octagon stock market strength indicators, traders can identify XAI Octagon Floating entry and exit signals to maximize returns

XAI Octagon Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for XAI Octagon's price direction in advance. Along with the technical and fundamental analysis of XAI Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of XAI to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for XAI Stock Analysis

When running XAI Octagon's price analysis, check to measure XAI Octagon'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 XAI Octagon is operating at the current time. Most of XAI Octagon's value examination focuses on studying past and present price action to predict the probability of XAI Octagon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move XAI Octagon's price. Additionally, you may evaluate how the addition of XAI Octagon to your portfolios can decrease your overall portfolio volatility.