RXO Stock Forecast - Day Typical Price

RXO Stock  USD 19.23  1.27  6.20%   
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.
  
As of the 18th of April 2024, Fixed Asset Turnover is likely to grow to 17.44, while Payables Turnover is likely to drop 5.59. . As of the 18th of April 2024, Common Stock Shares Outstanding is likely to grow to about 128.7 M, while Net Income Applicable To Common Shares is likely to drop about 95.4 M.
RXO Inc has current Day Typical Price of 19.57.
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.
Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
Check RXO VolatilityBacktest RXOInformation Ratio  

RXO Trading Date Momentum

On April 18 2024 RXO Inc was traded for  19.23  at the closing time. Highest RXO's price during the trading hours was 20.28  and the lowest price during the day was  19.21 . There was no trading activity during the period 0.0. Lack of trading volume on the 18th of April 2024 did not cause price change. The trading delta at closing time to current price is 4.84% .
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
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.

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.

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.
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.

Currently Active Assets on Macroaxis

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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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.
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Global Correlations
Find global opportunities by holding instruments from different markets
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.