Xencor Inc Stock Market Value

XNCR Stock  USD 22.13  0.29  1.29%   
Xencor's market value is the price at which a share of Xencor trades on a public exchange. It measures the collective expectations of Xencor Inc investors about its performance. Xencor is selling at 22.13 as of the 28th of March 2024; that is -1.29 percent decrease since the beginning of the trading day. The stock's lowest day price was 21.82.
With this module, you can estimate the performance of a buy and hold strategy of Xencor Inc and determine expected loss or profit from investing in Xencor over a given investment horizon. Check out Xencor Correlation, Xencor Volatility and Xencor Alpha and Beta module to complement your research on Xencor.
Symbol

Xencor Inc Price To Book Ratio

Is Xencor's industry 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 Xencor. If investors know Xencor 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 Xencor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.08)
Revenue Per Share
2.782
Quarterly Revenue Growth
1.068
Return On Assets
(0.1)
Return On Equity
(0.18)
The market value of Xencor Inc is measured differently than its book value, which is the value of Xencor that is recorded on the company's balance sheet. Investors also form their own opinion of Xencor's value that differs from its market value or its book value, called intrinsic value, which is Xencor'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 Xencor's market value can be influenced by many factors that don't directly affect Xencor'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 Xencor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xencor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xencor'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.

Xencor '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 Xencor'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 Xencor.
0.00
02/27/2024
No Change 0.00  0.0 
In 31 days
03/28/2024
0.00
If you would invest  0.00  in Xencor on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Xencor Inc or generate 0.0% return on investment in Xencor over 30 days. Xencor is related to or competes with Meta Data, Oatly Group, Torm PLC, Saia, and Eagle Bulk. Xencor, Inc., a clinical stage biopharmaceutical company, focuses on the discovery and development of engineered monoclo... More

Xencor 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 Xencor'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 Xencor Inc upside and downside potential and time the market with a certain degree of confidence.

Xencor Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Xencor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xencor's standard deviation. In reality, there are many statistical measures that can use Xencor historical prices to predict the future Xencor's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Xencor's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
18.5222.5126.50
Details
Intrinsic
Valuation
LowRealHigh
20.1826.8330.82
Details
Naive
Forecast
LowNextHigh
19.1923.1827.18
Details
12 Analysts
Consensus
LowTargetHigh
39.6543.5748.36
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Xencor. Your research has to be compared to or analyzed against Xencor's peers to derive any actionable benefits. When done correctly, Xencor's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Xencor Inc.

Xencor Inc Backtested Returns

We consider Xencor not too volatile. Xencor Inc shows Sharpe Ratio of 0.0422, which attests that the company had a 0.0422% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Xencor Inc, which you can use to evaluate the volatility of the company. Please check out Xencor's Mean Deviation of 2.65, downside deviation of 3.97, and Market Risk Adjusted Performance of (0.1) to validate if the risk estimate we provide is consistent with the expected return of 0.17%. Xencor has a performance score of 3 on a scale of 0 to 100. The firm maintains a market beta of -1.34, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Xencor are expected to decrease by larger amounts. On the other hand, during market turmoil, Xencor is expected to outperform it. Xencor Inc right now maintains a risk of 3.99%. Please check out Xencor Inc value at risk, as well as the relationship between the skewness and day median price , to decide if Xencor Inc will be following its historical returns.

Auto-correlation

    
  0.45  

Average predictability

Xencor Inc has average predictability. Overlapping area represents the amount of predictability between Xencor time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 Xencor Inc price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Xencor price fluctuation can be explain by its past prices.
Correlation Coefficient0.45
Spearman Rank Test0.13
Residual Average0.0
Price Variance0.25

Xencor Inc lagged returns against current returns

Autocorrelation, which is Xencor 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 Xencor's stock expected returns. We can calculate the autocorrelation of Xencor returns to help us make a trade decision. For example, suppose you find that Xencor 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  

Xencor 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 Xencor stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xencor stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xencor stock over time.
   Current vs Lagged Prices   
       Timeline  

Xencor Lagged Returns

When evaluating Xencor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xencor stock have on its future price. Xencor 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, Xencor autocorrelation shows the relationship between Xencor stock current value and its past values and can show if there is a momentum factor associated with investing in Xencor Inc.
   Regressed Prices   
       Timeline  

Xencor Investors Sentiment

The influence of Xencor's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Xencor. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Xencor's public news can be used to forecast risks associated with an investment in Xencor. The trend in average sentiment can be used to explain how an investor holding Xencor can time the market purely based on public headlines and social activities around Xencor Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Xencor's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Xencor's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Xencor's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Xencor.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Xencor in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Xencor's short interest history, or implied volatility extrapolated from Xencor options trading.

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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.
When determining whether Xencor Inc is a strong investment it is important to analyze Xencor's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Xencor's future performance. For an informed investment choice regarding Xencor Stock, refer to the following important reports:
Check out Xencor Correlation, Xencor Volatility and Xencor Alpha and Beta module to complement your research on Xencor.
Note that the Xencor Inc information on this page should be used as a complementary analysis to other Xencor's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Complementary Tools for Xencor Stock analysis

When running Xencor's price analysis, check to measure Xencor'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 Xencor is operating at the current time. Most of Xencor's value examination focuses on studying past and present price action to predict the probability of Xencor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xencor's price. Additionally, you may evaluate how the addition of Xencor to your portfolios can decrease your overall portfolio volatility.
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Xencor 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.
A focus of Xencor technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Xencor trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...