Xerox Corp Stock Market Value
| XRX Stock | USD 8.75 0.36 4.29% |
| Symbol | Xerox |
Xerox Corp Price To Book Ratio
Is Technology Hardware, Storage & Peripherals 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 Xerox Corp. If investors know Xerox 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 Xerox Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.177 | Dividend Share 1 | Earnings Share (10.95) | Revenue Per Share 51.171 | Quarterly Revenue Growth (0.07) |
The market value of Xerox Corp is measured differently than its book value, which is the value of Xerox that is recorded on the company's balance sheet. Investors also form their own opinion of Xerox Corp's value that differs from its market value or its book value, called intrinsic value, which is Xerox Corp'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 Xerox Corp's market value can be influenced by many factors that don't directly affect Xerox Corp'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 Xerox Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xerox Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xerox Corp'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.
Xerox Corp '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 Xerox Corp'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 Xerox Corp.
| 05/26/2024 |
| 11/22/2024 |
If you would invest 0.00 in Xerox Corp on May 26, 2024 and sell it all today you would earn a total of 0.00 from holding Xerox Corp or generate 0.0% return on investment in Xerox Corp over 180 days. Xerox Corp is related to or competes with ExlService Holdings, CSP, ASGN, Jack Henry, Cognizant Technology, CDW Corp, and Broadridge Financial. Xerox Holdings Corporation, a workplace technology company, designs, develops, and sells document management systems and... More
Xerox Corp 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 Xerox Corp'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 Xerox Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 23.04 | |||
| Value At Risk | (4.61) | |||
| Potential Upside | 3.33 |
Xerox Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xerox Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xerox Corp's standard deviation. In reality, there are many statistical measures that can use Xerox Corp historical prices to predict the future Xerox Corp's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.40) | |||
| Total Risk Alpha | (0.59) | |||
| Treynor Ratio | (0.11) |
Xerox Corp Backtested Returns
Xerox Corp shows Sharpe Ratio of -0.0811, which attests that the company had a -0.0811% return per unit of risk over the last 3 months. Xerox Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Xerox Corp's Mean Deviation of 2.09, market risk adjusted performance of (0.10), and Standard Deviation of 3.21 to validate the risk estimate we provide. The firm maintains a market beta of 2.02, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Xerox Corp will likely underperform. At this point, Xerox Corp has a negative expected return of -0.27%. Please make sure to check out Xerox Corp's kurtosis, as well as the relationship between the rate of daily change and price action indicator , to decide if Xerox Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.67 |
Good predictability
Xerox Corp has good predictability. Overlapping area represents the amount of predictability between Xerox Corp time series from 26th of May 2024 to 24th of August 2024 and 24th of August 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 Xerox Corp price movement. The serial correlation of 0.67 indicates that around 67.0% of current Xerox Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.74 |
Xerox Corp lagged returns against current returns
Autocorrelation, which is Xerox Corp 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 Xerox Corp's stock expected returns. We can calculate the autocorrelation of Xerox Corp returns to help us make a trade decision. For example, suppose you find that Xerox Corp 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 |
Xerox Corp 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 Xerox Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xerox Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xerox Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Xerox Corp Lagged Returns
When evaluating Xerox Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xerox Corp stock have on its future price. Xerox Corp 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, Xerox Corp autocorrelation shows the relationship between Xerox Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Xerox Corp.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.