Xai Octagon Floating Stock Market Value
| XFLT Stock | USD 6.96 0.06 0.87% |
| Symbol | XAI |
XAI Octagon Floating Price To Book Ratio
Is Asset Management & Custody Banks 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 XAI Octagon. If investors know XAI 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 XAI Octagon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 1.63 |
The market value of XAI Octagon Floating is measured differently than its book value, which is the value of XAI that is recorded on the company's balance sheet. Investors also form their own opinion of XAI Octagon's value that differs from its market value or its book value, called intrinsic value, which is XAI Octagon'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 XAI Octagon's market value can be influenced by many factors that don't directly affect XAI Octagon'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 XAI Octagon's value and its price as these two are different measures arrived at by different means. Investors typically determine if XAI Octagon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, XAI Octagon'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.
XAI Octagon 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to XAI Octagon's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of XAI Octagon.
| 10/29/2023 |
| 11/22/2024 |
If you would invest 0.00 in XAI Octagon on October 29, 2023 and sell it all today you would earn a total of 0.00 from holding XAI Octagon Floating or generate 0.0% return on investment in XAI Octagon over 390 days. XAI Octagon is related to or competes with Oxford Lane, Capital Southwest, Cornerstone Strategic, Cornerstone Strategic, Pimco Dynamic, Pimco Income, and MainStay CBRE. XAI Octagon is entity of United States. It is traded as Stock on NYSE exchange. More
XAI Octagon Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure XAI Octagon's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess XAI Octagon Floating upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3535 | |||
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 1.19 | |||
| Value At Risk | (0.45) | |||
| Potential Upside | 0.4525 |
XAI Octagon Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for XAI Octagon's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as XAI Octagon's standard deviation. In reality, there are many statistical measures that can use XAI Octagon historical prices to predict the future XAI Octagon's volatility.| Risk Adjusted Performance | 0.1535 | |||
| Jensen Alpha | 0.0518 | |||
| Total Risk Alpha | 0.017 | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | 1.5 |
XAI Octagon Floating Backtested Returns
Currently, XAI Octagon Floating is very steady. XAI Octagon Floating shows Sharpe Ratio of 0.25, which attests that the company had a 0.25% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for XAI Octagon Floating, which you can use to evaluate the volatility of the entity. Please check out XAI Octagon's Risk Adjusted Performance of 0.1535, coefficient of variation of 450.37, and Mean Deviation of 0.2276 to validate if the risk estimate we provide is consistent with the expected return of 0.0764%. XAI Octagon has a performance score of 19 on a scale of 0 to 100. The firm maintains a market beta of 0.0371, which attests to not very significant fluctuations relative to the market. As returns on the market increase, XAI Octagon's returns are expected to increase less than the market. However, during the bear market, the loss of holding XAI Octagon is expected to be smaller as well. XAI Octagon Floating currently maintains a risk of 0.31%. Please check out XAI Octagon Floating value at risk, as well as the relationship between the kurtosis and price action indicator , to decide if XAI Octagon Floating will be following its historical returns.
Auto-correlation | 0.31 |
Below average predictability
XAI Octagon Floating has below average predictability. Overlapping area represents the amount of predictability between XAI Octagon time series from 29th of October 2023 to 11th of May 2024 and 11th of May 2024 to 22nd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of XAI Octagon Floating price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current XAI Octagon price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
XAI Octagon Floating lagged returns against current returns
Autocorrelation, which is XAI Octagon stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting XAI Octagon's stock expected returns. We can calculate the autocorrelation of XAI Octagon returns to help us make a trade decision. For example, suppose you find that XAI Octagon has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
XAI Octagon regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If XAI Octagon stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if XAI Octagon stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in XAI Octagon stock over time.
Current vs Lagged Prices |
| Timeline |
XAI Octagon Lagged Returns
When evaluating XAI Octagon's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of XAI Octagon stock have on its future price. XAI Octagon autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, XAI Octagon autocorrelation shows the relationship between XAI Octagon stock current value and its past values and can show if there is a momentum factor associated with investing in XAI Octagon Floating.
Regressed Prices |
| Timeline |
Thematic Opportunities
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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.