Xunlei Ltd Adr Stock Technical Analysis

XNET Stock  USD 1.47  0.01  0.68%   
As of the 18th of April 2024, Xunlei maintains the Market Risk Adjusted Performance of (0.07), standard deviation of 1.6, and Mean Deviation of 1.15. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Xunlei Ltd Adr, as well as the relationship between them. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for Xunlei Ltd Adr, which can be compared to its peers. Please check out Xunlei Ltd Adr market risk adjusted performance and treynor ratio to decide if Xunlei Ltd Adr is priced fairly, providing market reflects its latest price of 1.47 per share. Please also validate Xunlei Ltd Adr jensen alpha, which is currently at (0.06) to confirm the company can sustain itself at a future point.

Xunlei Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Xunlei, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Xunlei
  
Xunlei's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Xunlei Analyst Consensus

Target PriceAdvice# of Analysts
12.0Strong Sell0Odds
Xunlei Ltd Adr current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Xunlei 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 Xunlei stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Xunlei Ltd Adr, talking to its executives and customers, or listening to Xunlei conference calls.
Xunlei Analyst Advice Details
Xunlei 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 Xunlei technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Xunlei 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...

Xunlei Ltd Adr Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Xunlei Ltd Adr volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Xunlei Ltd Adr Trend Analysis

Use this graph to draw trend lines for Xunlei Ltd Adr. You can use it to identify possible trend reversals for Xunlei 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 Xunlei price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Xunlei Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Xunlei Ltd Adr applied against its price change over selected period. The best fit line has a slop of   0.000072  , which means Xunlei Ltd Adr will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Xunlei price change compared to its average price change.

About Xunlei 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 Xunlei Ltd Adr 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 Xunlei Ltd Adr based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Xunlei Ltd Adr price pattern first instead of the macroeconomic environment surrounding Xunlei Ltd Adr. By analyzing Xunlei'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 Xunlei'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 Xunlei specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
PTB Ratio0.440.390.330.31
Price To Sales Ratio0.560.360.290.28

Xunlei April 18, 2024 Technical Indicators

Most technical analysis of Xunlei 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 Xunlei from various momentum indicators to cycle indicators. When you analyze Xunlei 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.
When determining whether Xunlei Ltd Adr is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Xunlei Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Xunlei Ltd Adr Stock. Highlighted below are key reports to facilitate an investment decision about Xunlei Ltd Adr Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xunlei Ltd Adr. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Xunlei Ltd Adr information on this page should be used as a complementary analysis to other Xunlei'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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Complementary Tools for Xunlei Stock analysis

When running Xunlei's price analysis, check to measure Xunlei'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 Xunlei is operating at the current time. Most of Xunlei's value examination focuses on studying past and present price action to predict the probability of Xunlei's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xunlei's price. Additionally, you may evaluate how the addition of Xunlei to your portfolios can decrease your overall portfolio volatility.
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Is Xunlei'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 Xunlei. If investors know Xunlei 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 Xunlei 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
1.302
Earnings Share
0.26
Revenue Per Share
5.572
Quarterly Revenue Growth
(0.20)
Return On Assets
(0)
The market value of Xunlei Ltd Adr is measured differently than its book value, which is the value of Xunlei that is recorded on the company's balance sheet. Investors also form their own opinion of Xunlei's value that differs from its market value or its book value, called intrinsic value, which is Xunlei'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 Xunlei's market value can be influenced by many factors that don't directly affect Xunlei'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 Xunlei's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xunlei is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xunlei'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.