Xtract One Technologies Stock Market Value
| XTRAF Stock | 0.39 0.05 14.71% |
| Symbol | Xtract |
Xtract One '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 Xtract One's otc 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 Xtract One.
| 12/23/2024 |
| 01/22/2025 |
If you would invest 0.00 in Xtract One on December 23, 2024 and sell it all today you would earn a total of 0.00 from holding Xtract One Technologies or generate 0.0% return on investment in Xtract One over 30 days. Xtract One is related to or competes with Integrated Ventures, LifeSpeak, Wishpond Technologies, Mobivity Holdings, Sage Group, Enghouse Systems, and SAP SE. More
Xtract One 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 Xtract One's otc 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 Xtract One Technologies upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 24.71 | |||
| Value At Risk | (7.89) | |||
| Potential Upside | 7.69 |
Xtract One Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xtract One's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xtract One's standard deviation. In reality, there are many statistical measures that can use Xtract One historical prices to predict the future Xtract One's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | 0.4791 |
Xtract One Technologies Backtested Returns
Xtract One Technologies shows Sharpe Ratio of -0.0604, which attests that the company had a -0.0604 % return per unit of risk over the last 3 months. Xtract One Technologies exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Xtract One's Market Risk Adjusted Performance of 0.4891, standard deviation of 5.17, and Mean Deviation of 3.45 to validate the risk estimate we provide. The firm maintains a market beta of -0.67, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Xtract One are expected to decrease at a much lower rate. During the bear market, Xtract One is likely to outperform the market. At this point, Xtract One Technologies has a negative expected return of -0.31%. Please make sure to check out Xtract One's value at risk, accumulation distribution, as well as the relationship between the Accumulation Distribution and day typical price , to decide if Xtract One Technologies performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.46 |
Modest reverse predictability
Xtract One Technologies has modest reverse predictability. Overlapping area represents the amount of predictability between Xtract One time series from 23rd of December 2024 to 7th of January 2025 and 7th of January 2025 to 22nd of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Xtract One Technologies price movement. The serial correlation of -0.46 indicates that about 46.0% of current Xtract One price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.46 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Xtract One Technologies lagged returns against current returns
Autocorrelation, which is Xtract One otc 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 Xtract One's otc stock expected returns. We can calculate the autocorrelation of Xtract One returns to help us make a trade decision. For example, suppose you find that Xtract One has exhibited high autocorrelation historically, and you observe that the otc 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 |
Xtract One 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 Xtract One otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xtract One otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xtract One otc stock over time.
Current vs Lagged Prices |
| Timeline |
Xtract One Lagged Returns
When evaluating Xtract One's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xtract One otc stock have on its future price. Xtract One 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, Xtract One autocorrelation shows the relationship between Xtract One otc stock current value and its past values and can show if there is a momentum factor associated with investing in Xtract One Technologies.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Xtract OTC Stock
Xtract One financial ratios help investors to determine whether Xtract OTC Stock 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 Xtract with respect to the benefits of owning Xtract One security.