XOMA Preferred Stock Forecast - Day Median Price
| XOMAO Preferred Stock | USD 25.39 0.03 0.12% |
XOMA Preferred Stock Forecast is based on your current time horizon.
XOMA |
| Previous Day Median Price | Day Median Price | Trend |
| 25.33 | 25.34 |
| Check XOMA Volatility | Backtest XOMA | Information Ratio |
XOMA Trading Date Momentum
| On November 29 2024 XOMA Corporation was traded for 25.39 at the closing time. The highest daily price throughout the period was 25.39 and the lowest price was 25.28 . The daily volume was 1.8 K. The net trading volume on 11/29/2024 had no short-term effect on price fluctuation. The trading price change to current closing price is 0.04% . |
The median price is the midpoint of the trading periods range.
| Compare XOMA to competition |
Other Forecasting Options for XOMA
For every potential investor in XOMA, whether a beginner or expert, XOMA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. XOMA Preferred Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in XOMA. Basic forecasting techniques help filter out the noise by identifying XOMA's price trends.XOMA 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 XOMA preferred stock to make a market-neutral strategy. Peer analysis of XOMA could also be used in its relative valuation, which is a method of valuing XOMA by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
XOMA Technical and Predictive Analytics
The preferred stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of XOMA'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 XOMA's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
XOMA Market Strength Events
Market strength indicators help investors to evaluate how XOMA preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading XOMA shares will generate the highest return on investment. By undertsting and applying XOMA preferred stock market strength indicators, traders can identify XOMA Corporation entry and exit signals to maximize returns.
XOMA Risk Indicators
The analysis of XOMA'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 XOMA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting xoma preferred 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 | 0.2391 | |||
| Semi Deviation | 0.234 | |||
| Standard Deviation | 0.378 | |||
| Variance | 0.1429 | |||
| Downside Variance | 0.1058 | |||
| Semi Variance | 0.0547 | |||
| Expected Short fall | (0.28) |
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.
Pair Trading with XOMA
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if XOMA position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in XOMA will appreciate offsetting losses from the drop in the long position's value.Moving against XOMA Preferred Stock
| 0.81 | FNCH | Finch Therapeutics | PairCorr |
| 0.78 | HRGN | Harvard Apparatus | PairCorr |
| 0.73 | CEROW | CERo Therapeutics Symbol Change | PairCorr |
| 0.69 | ENSCW | Ensysce Biosciences | PairCorr |
| 0.62 | EMMA | Emmaus Life Sciences | PairCorr |
The ability to find closely correlated positions to XOMA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace XOMA when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back XOMA - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling XOMA Corporation to buy it.
The correlation of XOMA is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as XOMA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if XOMA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for XOMA can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in XOMA Preferred Stock
XOMA financial ratios help investors to determine whether XOMA Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in XOMA with respect to the benefits of owning XOMA security.