Xilio Development Stock Market Value
| XLO Stock | USD 0.89 0.03 3.26% |
| Symbol | Xilio |
Xilio Development Price To Book Ratio
Is Biotechnology 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 Xilio Development. If investors know Xilio 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 Xilio Development listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.55) | Revenue Per Share 0.105 | Return On Assets (0.53) | Return On Equity (1.71) |
The market value of Xilio Development is measured differently than its book value, which is the value of Xilio that is recorded on the company's balance sheet. Investors also form their own opinion of Xilio Development's value that differs from its market value or its book value, called intrinsic value, which is Xilio Development'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 Xilio Development's market value can be influenced by many factors that don't directly affect Xilio Development'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 Xilio Development's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xilio Development is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xilio Development'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.
Xilio Development '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 Xilio Development'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 Xilio Development.
| 04/02/2023 |
| 11/22/2024 |
If you would invest 0.00 in Xilio Development on April 2, 2023 and sell it all today you would earn a total of 0.00 from holding Xilio Development or generate 0.0% return on investment in Xilio Development over 600 days. Xilio Development is related to or competes with Lyra Therapeutics, Hookipa Pharma, SAB Biotherapeutics, Cadrenal Therapeutics,, and Coherus BioSciences. Xilio Therapeutics, Inc., a clinical-stage biotechnology company, develops immunotherapies to improve the immune system ... More
Xilio Development 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 Xilio Development'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 Xilio Development upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.13 | |||
| Information Ratio | 0.0294 | |||
| Maximum Drawdown | 57.76 | |||
| Value At Risk | (10.99) | |||
| Potential Upside | 10.1 |
Xilio Development Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xilio Development's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xilio Development's standard deviation. In reality, there are many statistical measures that can use Xilio Development historical prices to predict the future Xilio Development's volatility.| Risk Adjusted Performance | 0.042 | |||
| Jensen Alpha | 0.3107 | |||
| Total Risk Alpha | (0.70) | |||
| Sortino Ratio | 0.0328 | |||
| Treynor Ratio | 1.45 |
Xilio Development Backtested Returns
Xilio Development appears to be dangerous, given 3 months investment horizon. Xilio Development shows Sharpe Ratio of 0.0332, which attests that the company had a 0.0332% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Xilio Development, which you can use to evaluate the volatility of the company. Please utilize Xilio Development's Mean Deviation of 5.27, market risk adjusted performance of 1.46, and Downside Deviation of 7.13 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Xilio Development holds a performance score of 2. The firm maintains a market beta of 0.23, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Xilio Development's returns are expected to increase less than the market. However, during the bear market, the loss of holding Xilio Development is expected to be smaller as well. Please check Xilio Development's potential upside, as well as the relationship between the accumulation distribution and period momentum indicator , to make a quick decision on whether Xilio Development's historical returns will revert.
Auto-correlation | -0.06 |
Very weak reverse predictability
Xilio Development has very weak reverse predictability. Overlapping area represents the amount of predictability between Xilio Development time series from 2nd of April 2023 to 27th of January 2024 and 27th of January 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 Xilio Development price movement. The serial correlation of -0.06 indicates that barely 6.0% of current Xilio Development price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Xilio Development lagged returns against current returns
Autocorrelation, which is Xilio Development 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 Xilio Development's stock expected returns. We can calculate the autocorrelation of Xilio Development returns to help us make a trade decision. For example, suppose you find that Xilio Development 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 |
Xilio Development 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 Xilio Development stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xilio Development stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xilio Development stock over time.
Current vs Lagged Prices |
| Timeline |
Xilio Development Lagged Returns
When evaluating Xilio Development's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xilio Development stock have on its future price. Xilio Development 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, Xilio Development autocorrelation shows the relationship between Xilio Development stock current value and its past values and can show if there is a momentum factor associated with investing in Xilio Development.
Regressed Prices |
| Timeline |
Pair Trading with Xilio Development
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 Xilio Development 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 Xilio Development will appreciate offsetting losses from the drop in the long position's value.Moving against Xilio Stock
| 0.66 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.66 | MTEM | Molecular Templates | PairCorr |
| 0.63 | TPST | Tempest Therapeutics | PairCorr |
| 0.58 | ME | 23Andme Holding | PairCorr |
| 0.57 | NKTX | Nkarta Inc | PairCorr |
The ability to find closely correlated positions to Xilio Development could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Xilio Development 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 Xilio Development - 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 Xilio Development to buy it.
The correlation of Xilio Development 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 Xilio Development moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Xilio Development 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 Xilio Development 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.Check out Xilio Development Correlation, Xilio Development Volatility and Xilio Development Alpha and Beta module to complement your research on Xilio Development. To learn how to invest in Xilio Stock, please use our How to Invest in Xilio Development guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Xilio Development 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.