Xai Octagon Floating Stock Price on April 12, 2024
| XFLT Stock | USD 7.09 0.01 0.14% |
Below is the normalized historical share price chart for XAI Octagon Floating extending back to September 27, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of XAI Octagon stands at 7.09, as last reported on the 2nd of June, with the highest price reaching 7.13 and the lowest price hitting 7.08 during the day.
If you're considering investing in XAI Stock, it is important to understand the factors that can impact its price. We consider XAI Octagon very steady. XAI Octagon Floating shows Sharpe Ratio of 0.1, which attests that the company had a 0.1% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for XAI Octagon Floating, which you can use to evaluate the volatility of the entity. Please check out XAI Octagon's Mean Deviation of 0.2887, downside deviation of 0.4948, and Risk Adjusted Performance of 0.0677 to validate if the risk estimate we provide is consistent with the expected return of 0.0433%.
Total Stockholder Equity is likely to drop to about 166.2 M in 2024. Common Stock Total Equity is likely to drop to about 97.1 M in 2024. At this time, XAI Octagon's Price To Sales Ratio is comparatively stable compared to the past year. Price Earnings Ratio is likely to gain to 6.88 in 2024, whereas Price To Free Cash Flows Ratio is likely to drop (3.53) in 2024. XAI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 27th of September 2017 | 200 Day MA 7.0556 | 50 Day MA 7.0763 |
XAI |
Sharpe Ratio = 0.1035
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| Negative Returns | XFLT |
Estimated Market Risk
| 0.42 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average XAI Octagon is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of XAI Octagon by adding it to a well-diversified portfolio.
Price Book 1.1565 | Price Sales 5.9479 | Shares Outstanding 55.1 M | Market Capitalization 390.5 M | Shares Short Prior Month 51.7 K |
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XAI Octagon Valuation on April 12, 2024
It is possible to determine the worth of XAI Octagon on a given historical date. On April 12, 2024 XAI was worth 7.05 at the beginning of the trading date compared to the closed value of 6.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of XAI Octagon stock. Still, in general, we apply an absolute valuation method to find XAI Octagon's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of XAI Octagon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against XAI Octagon's related companies.
| Open | High | Low | Close | Volume | |
| 7.10 | 7.13 | 6.96 | 6.96 | 645,587 | |
04/12/2024 | 7.05 | 7.06 | 6.96 | 6.96 | 319,412 |
| 7.07 | 7.07 | 6.92 | 6.92 | 583,641 |
| Backtest XAI Octagon | | | XAI Octagon History | | | XAI Octagon Valuation | Previous | Next |
XAI Octagon Trading Date Momentum on April 12, 2024
| On April 15 2024 XAI Octagon Floating was traded for 6.92 at the closing time. The top price for the day was 7.07 and the lowest listed price was 6.92 . The trading volume for the day was 583.6 K. The trading history from April 15, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.57% . The trading price change against the current closing price is 0.29% . |
XAI Octagon Floating Fundamentals Correlations and Trends
By evaluating XAI Octagon's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among XAI Octagon's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. XAI financial account trend analysis is a perfect complement when working with valuation or volatility modules.About XAI Octagon Stock history
XAI Octagon investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for XAI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in XAI Octagon Floating will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing XAI Octagon stock prices may prove useful in developing a viable investing in XAI Octagon
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 38.2 M | 20 M |
XAI Octagon Stock Technical Analysis
XAI Octagon 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.
Price Boundaries
XAI Octagon Period Price Range
Low | April 12, 2024
| High |
7.05 | 6.96 |
XAI Octagon June 2, 2024 Market Strength
Market strength indicators help investors to evaluate how XAI Octagon stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading XAI Octagon shares will generate the highest return on investment. By undertsting and applying XAI Octagon stock market strength indicators, traders can identify XAI Octagon Floating entry and exit signals to maximize returns
XAI Octagon Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for XAI Octagon's price direction in advance. Along with the technical and fundamental analysis of XAI Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of XAI to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0677 | |||
| Jensen Alpha | 0.033 | |||
| Total Risk Alpha | 0.015 | |||
| Sortino Ratio | 0.0068 | |||
| Treynor Ratio | 0.2415 |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in XAI Octagon Floating. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for XAI Stock analysis
When running XAI Octagon's price analysis, check to measure XAI Octagon'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 XAI Octagon is operating at the current time. Most of XAI Octagon's value examination focuses on studying past and present price action to predict the probability of XAI Octagon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move XAI Octagon's price. Additionally, you may evaluate how the addition of XAI Octagon to your portfolios can decrease your overall portfolio volatility.
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Is XAI Octagon'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 XAI Octagon. If investors know XAI 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 XAI Octagon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 1.63 |
The market value of XAI Octagon Floating is measured differently than its book value, which is the value of XAI that is recorded on the company's balance sheet. Investors also form their own opinion of XAI Octagon's value that differs from its market value or its book value, called intrinsic value, which is XAI Octagon'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 XAI Octagon's market value can be influenced by many factors that don't directly affect XAI Octagon'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 XAI Octagon's value and its price as these two are different measures arrived at by different means. Investors typically determine if XAI Octagon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, XAI Octagon'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.