Rxo Inc Stock Technical Analysis
| RXO Stock | USD 27.91 0.37 1.34% |
As of the 22nd of November, RXO holds the Risk Adjusted Performance of 0.0052, coefficient of variation of (35,193), and Market Risk Adjusted Performance of 0.0023. In connection with fundamental indicators, the technical analysis model allows you to check available technical drivers of RXO, as well as the relationship between them.
RXO Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as RXO, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RXORXO |
RXO Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 20.31 | Hold | 17 | Odds |
Most RXO analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand RXO stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of RXO Inc, talking to its executives and customers, or listening to RXO conference calls.
RXO 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.
RXO Inc Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of RXO Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
RXO Inc Trend Analysis
Use this graph to draw trend lines for RXO Inc. You can use it to identify possible trend reversals for RXO as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual RXO price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.RXO Best Fit Change Line
The following chart estimates an ordinary least squares regression model for RXO Inc applied against its price change over selected period. The best fit line has a slop of 0.03 , which may imply that RXO Inc will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 35.44, which is the sum of squared deviations for the predicted RXO price change compared to its average price change.About RXO Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of RXO Inc on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of RXO Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on RXO Inc price pattern first instead of the macroeconomic environment surrounding RXO Inc. By analyzing RXO's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of RXO's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to RXO specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 78.62 | 68.49 | 69.06 | 82.53 | PTB Ratio | 2.28 | 3.4 | 4.58 | 2.51 |
RXO November 22, 2024 Technical Indicators
Most technical analysis of RXO help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for RXO from various momentum indicators to cycle indicators. When you analyze RXO charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0052 | |||
| Market Risk Adjusted Performance | 0.0023 | |||
| Mean Deviation | 1.8 | |||
| Coefficient Of Variation | (35,193) | |||
| Standard Deviation | 2.89 | |||
| Variance | 8.33 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (0.01) | |||
| Maximum Drawdown | 23.12 | |||
| Value At Risk | (4.24) | |||
| Potential Upside | 3.76 | |||
| Skewness | 0.8642 | |||
| Kurtosis | 7.65 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RXO Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Cargo Ground Transportation 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 RXO. If investors know RXO 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 RXO 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 (0.93) | Earnings Share (2.14) | Revenue Per Share 31.776 | Quarterly Revenue Growth 0.066 | Return On Assets 0.0091 |
The market value of RXO Inc is measured differently than its book value, which is the value of RXO that is recorded on the company's balance sheet. Investors also form their own opinion of RXO's value that differs from its market value or its book value, called intrinsic value, which is RXO'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 RXO's market value can be influenced by many factors that don't directly affect RXO'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 RXO's value and its price as these two are different measures arrived at by different means. Investors typically determine if RXO is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RXO'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.