RXO Stock Forecast - Daily Balance Of Power
| RXO Stock | USD 18.93 0.30 1.56% |
RXO Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast RXO stock prices and determine the direction of RXO Inc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of RXO's historical fundamentals, such as revenue growth or operating cash flow patterns. Although RXO's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of RXO's systematic risk associated with finding meaningful patterns of RXO fundamentals over time.
Check out Historical Fundamental Analysis of RXO to cross-verify your projections. RXO |
Most investors in RXO cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the RXO's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets RXO's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of RXO Inc market sensitivity to bulls and bears. It estimates the ability of RXO buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring RXO Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.87) | (0.27) |
| Check RXO Volatility | Backtest RXO | Information Ratio |
RXO Trading Date Momentum
| On April 18 2024 RXO Inc was traded for 18.93 at the closing time. Highest RXO's price during the trading hours was 20.00 and the lowest price during the day was 18.87 . The net volume was 1.7 M. The overall trading history on the 18th of April 2024 did not cause price change. The trading delta at closing time to current price is 1.58% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare RXO to competition |
Other Forecasting Options for RXO
For every potential investor in RXO, whether a beginner or expert, RXO's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. RXO Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in RXO. Basic forecasting techniques help filter out the noise by identifying RXO's price trends.RXO Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with RXO stock to make a market-neutral strategy. Peer analysis of RXO could also be used in its relative valuation, which is a method of valuing RXO by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
RXO Inc Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of RXO's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of RXO's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
RXO Market Strength Events
Market strength indicators help investors to evaluate how RXO stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading RXO shares will generate the highest return on investment. By undertsting and applying RXO stock market strength indicators, traders can identify RXO Inc entry and exit signals to maximize returns.
| Accumulation Distribution | 97214.8 | |||
| Daily Balance Of Power | (0.27) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 19.44 | |||
| Day Typical Price | 19.27 | |||
| Price Action Indicator | (0.66) | |||
| Period Momentum Indicator | (0.30) | |||
| Relative Strength Index | 26.25 |
RXO Risk Indicators
The analysis of RXO's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in RXO's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting rxo stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.07 | |||
| Standard Deviation | 2.6 | |||
| Variance | 6.74 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
RXO Investors Sentiment
The influence of RXO'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 RXO. 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 RXO's public news can be used to forecast risks associated with an investment in RXO. The trend in average sentiment can be used to explain how an investor holding RXO can time the market purely based on public headlines and social activities around RXO Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
RXO'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 RXO'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 RXO's news discussions. The higher the estimated score, the more favorable is the investor's outlook on RXO.
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 RXO 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, RXO's short interest history, or implied volatility extrapolated from RXO options trading.
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When determining whether RXO Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of RXO's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rxo Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rxo Inc Stock:Check out Historical Fundamental Analysis of RXO to cross-verify your projections. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for RXO Stock analysis
When running RXO's price analysis, check to measure RXO'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 RXO is operating at the current time. Most of RXO's value examination focuses on studying past and present price action to predict the probability of RXO's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RXO's price. Additionally, you may evaluate how the addition of RXO to your portfolios can decrease your overall portfolio volatility.
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Is RXO'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 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 0.03 | Revenue Per Share 33.601 | Quarterly Revenue Growth (0.13) | Return On Assets 0.0217 |
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.