Xerox Corp Stock Market Value

XRX Stock  USD 17.75  0.08  0.45%   
Xerox Corp's market value is the price at which a share of Xerox Corp trades on a public exchange. It measures the collective expectations of Xerox Corp investors about its performance. Xerox Corp is trading at 17.75 as of the 28th of March 2024; that is 0.45% increase since the beginning of the trading day. The stock's open price was 17.67.
With this module, you can estimate the performance of a buy and hold strategy of Xerox Corp and determine expected loss or profit from investing in Xerox Corp over a given investment horizon. Check out Xerox Corp Correlation, Xerox Corp Volatility and Xerox Corp Alpha and Beta module to complement your research on Xerox Corp.
For more information on how to buy Xerox Stock please use our How to Invest in Xerox Corp guide.
Symbol

Xerox Corp Price To Book Ratio

Is Xerox Corp'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 Xerox Corp. If investors know Xerox 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 Xerox Corp 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
0.177
Dividend Share
1
Earnings Share
(0.09)
Revenue Per Share
46.179
Quarterly Revenue Growth
(0.09)
The market value of Xerox Corp is measured differently than its book value, which is the value of Xerox that is recorded on the company's balance sheet. Investors also form their own opinion of Xerox Corp's value that differs from its market value or its book value, called intrinsic value, which is Xerox Corp'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 Xerox Corp's market value can be influenced by many factors that don't directly affect Xerox Corp'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 Xerox Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xerox Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xerox Corp'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.

Xerox Corp '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 Xerox Corp'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 Xerox Corp.
0.00
02/27/2024
No Change 0.00  0.0 
In 30 days
03/28/2024
0.00
If you would invest  0.00  in Xerox Corp on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Xerox Corp or generate 0.0% return on investment in Xerox Corp over 30 days. Xerox Corp is related to or competes with Desktop Metal, Fabrinet, Kimball Electronics, Knowles Cor, Ubiquiti Networks, Minim, and Moving IMage. Xerox Holdings Corporation, a workplace technology company, designs, develops, and sells document management systems and... More

Xerox Corp 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 Xerox Corp'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 Xerox Corp upside and downside potential and time the market with a certain degree of confidence.

Xerox Corp Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Xerox Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xerox Corp's standard deviation. In reality, there are many statistical measures that can use Xerox Corp historical prices to predict the future Xerox Corp's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Xerox Corp'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
14.5317.7520.97
Details
Intrinsic
Valuation
LowRealHigh
12.8716.0919.31
Details
Naive
Forecast
LowNextHigh
14.9118.1321.34
Details
6 Analysts
Consensus
LowTargetHigh
13.2014.5016.10
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Xerox Corp. Your research has to be compared to or analyzed against Xerox Corp's peers to derive any actionable benefits. When done correctly, Xerox Corp'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 Xerox Corp.

Xerox Corp Backtested Returns

Xerox Corp shows Sharpe Ratio of -2.0E-4, which attests that the company had a -2.0E-4% return per unit of risk over the last 3 months. Xerox Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Xerox Corp's Standard Deviation of 3.1, mean deviation of 1.96, and Market Risk Adjusted Performance of (0) to validate the risk estimate we provide. The firm maintains a market beta of 2.24, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Xerox Corp will likely underperform. Xerox Corp has an expected return of -7.0E-4%. Please make sure to check out Xerox Corp kurtosis, as well as the relationship between the rate of daily change and price action indicator , to decide if Xerox Corp performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.72  

Almost perfect reverse predictability

Xerox Corp has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Xerox Corp 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 Xerox Corp price movement. The serial correlation of -0.72 indicates that around 72.0% of current Xerox Corp price fluctuation can be explain by its past prices.
Correlation Coefficient-0.72
Spearman Rank Test-0.77
Residual Average0.0
Price Variance0.19

Xerox Corp lagged returns against current returns

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

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

Xerox Corp Lagged Returns

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

Xerox Corp Investors Sentiment

The influence of Xerox Corp'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 Xerox. 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 Xerox Corp's public news can be used to forecast risks associated with an investment in Xerox. The trend in average sentiment can be used to explain how an investor holding Xerox can time the market purely based on public headlines and social activities around Xerox Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Xerox Corp'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 Xerox Corp'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 Xerox Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Xerox Corp.
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 Xerox Corp 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, Xerox Corp's short interest history, or implied volatility extrapolated from Xerox Corp options trading.

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When determining whether Xerox Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Xerox Corp'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 Xerox Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Xerox Corp Stock:
Check out Xerox Corp Correlation, Xerox Corp Volatility and Xerox Corp Alpha and Beta module to complement your research on Xerox Corp.
For more information on how to buy Xerox Stock please use our How to Invest in Xerox Corp guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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When running Xerox Corp's price analysis, check to measure Xerox Corp'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 Xerox Corp is operating at the current time. Most of Xerox Corp's value examination focuses on studying past and present price action to predict the probability of Xerox Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xerox Corp's price. Additionally, you may evaluate how the addition of Xerox Corp to your portfolios can decrease your overall portfolio volatility.
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Xerox Corp 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 Xerox Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Xerox Corp 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...