Xtm Inc Stock Market Value
| XTMIF Stock | USD 0.07 0.01 16.67% |
| Symbol | XTM |
XTM '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 XTM's pink sheet 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 XTM.
| 02/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in XTM on February 4, 2023 and sell it all today you would earn a total of 0.00 from holding XTM Inc or generate 0.0% return on investment in XTM over 660 days. XTM Inc., a fintech innovator, provides disseminating earned wages and gratuities access to service workers in the hospi... More
XTM 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 XTM's pink sheet 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 XTM Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 32.17 | |||
| Information Ratio | 0.1681 | |||
| Maximum Drawdown | 676.77 | |||
| Value At Risk | (40.38) | |||
| Potential Upside | 44.44 |
XTM Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for XTM's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as XTM's standard deviation. In reality, there are many statistical measures that can use XTM historical prices to predict the future XTM's volatility.| Risk Adjusted Performance | 0.1399 | |||
| Jensen Alpha | 17.13 | |||
| Total Risk Alpha | 1.08 | |||
| Sortino Ratio | 0.4745 | |||
| Treynor Ratio | (1.07) |
XTM Inc Backtested Returns
XTM is out of control given 3 months investment horizon. XTM Inc shows Sharpe Ratio of 0.13, which attests that the company had a 0.13% return per unit of standard deviation over the last 3 months. We were able to collect and analyze data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 10.7% are justified by taking the suggested risk. Use XTM Inc Risk Adjusted Performance of 0.1399, mean deviation of 35.88, and Downside Deviation of 32.17 to evaluate company specific risk that cannot be diversified away. XTM holds a performance score of 10 on a scale of zero to a hundred. The firm maintains a market beta of -14.42, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning XTM are expected to decrease by larger amounts. On the other hand, during market turmoil, XTM is expected to outperform it. Use XTM Inc maximum drawdown and the relationship between the semi variance and price action indicator , to analyze future returns on XTM Inc.
Auto-correlation | 0.38 |
Below average predictability
XTM Inc has below average predictability. Overlapping area represents the amount of predictability between XTM time series from 4th of February 2023 to 31st of December 2023 and 31st of December 2023 to 25th 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 XTM Inc price movement. The serial correlation of 0.38 indicates that just about 38.0% of current XTM price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
XTM Inc lagged returns against current returns
Autocorrelation, which is XTM pink sheet'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 XTM's pink sheet expected returns. We can calculate the autocorrelation of XTM returns to help us make a trade decision. For example, suppose you find that XTM has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
XTM 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 XTM pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if XTM pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in XTM pink sheet over time.
Current vs Lagged Prices |
| Timeline |
XTM Lagged Returns
When evaluating XTM's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of XTM pink sheet have on its future price. XTM 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, XTM autocorrelation shows the relationship between XTM pink sheet current value and its past values and can show if there is a momentum factor associated with investing in XTM Inc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in XTM Pink Sheet
XTM financial ratios help investors to determine whether XTM Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in XTM with respect to the benefits of owning XTM security.