Qxo, Inc Stock Technical Analysis
| QXO Stock | 14.88 0.58 4.06% |
As of the 10th of September, QXO, holds the Risk Adjusted Performance of (0.03), market risk adjusted performance of 2.15, and Coefficient Of Variation of (2,033). In connection with fundamental indicators, the technical analysis model allows you to check available technical drivers of QXO,, as well as the relationship between them.
QXO, Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as QXO,, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to QXO,QXO, |
QXO, 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.
QXO, Inc Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 QXO, Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
QXO, Inc Trend Analysis
Use this graph to draw trend lines for QXO, Inc. You can use it to identify possible trend reversals for QXO, 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 QXO, price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.QXO, Best Fit Change Line
The following chart estimates an ordinary least squares regression model for QXO, Inc applied against its price change over selected period. The best fit line has a slop of 1.94 , which may imply that the returns on investment in QXO, Inc will continue to fail. It has 122 observation points and a regression sum of squares at 142370.39, which is the sum of squared deviations for the predicted QXO, price change compared to its average price change.About QXO, 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 QXO, Inc 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 QXO, Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on QXO, Inc price pattern first instead of the macroeconomic environment surrounding QXO, Inc. By analyzing QXO,'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 QXO,'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 QXO, specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0124 | 0.0111 | 0.0106 | Price To Sales Ratio | 0.34 | 1.56 | 1.64 |
QXO, September 10, 2024 Technical Indicators
Most technical analysis of QXO, 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 QXO, from various momentum indicators to cycle indicators. When you analyze QXO, 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | 2.15 | |||
| Mean Deviation | 10.53 | |||
| Coefficient Of Variation | (2,033) | |||
| Standard Deviation | 18.76 | |||
| Variance | 351.82 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.90) | |||
| Total Risk Alpha | (2.59) | |||
| Treynor Ratio | 2.14 | |||
| Maximum Drawdown | 148.69 | |||
| Value At Risk | (26.58) | |||
| Potential Upside | 31.56 | |||
| Skewness | (0.02) | |||
| Kurtosis | 7.68 |
QXO, September 10, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as QXO, stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 657,442 | ||
| Daily Balance Of Power | 0.31 | ||
| Rate Of Daily Change | 1.04 | ||
| Day Median Price | 15.02 | ||
| Day Typical Price | 14.97 | ||
| Price Action Indicator | 0.16 |
Additional Information and Resources on Investing in QXO, Stock
When determining whether QXO, Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of QXO,'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 Qxo, Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Qxo, Inc Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in QXO, Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Business Services space 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 QXO,. If investors know QXO, 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 QXO, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of QXO, Inc is measured differently than its book value, which is the value of QXO, that is recorded on the company's balance sheet. Investors also form their own opinion of QXO,'s value that differs from its market value or its book value, called intrinsic value, which is QXO,'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 QXO,'s market value can be influenced by many factors that don't directly affect QXO,'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 QXO,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if QXO, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QXO,'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.