XL Fleet Corp Odds of Future Stock Price Finishing Under 0.91
| XLDelisted Stock | USD 1.01 0.12 13.48% |
XL Fleet |
XL Fleet Target Price Odds to finish below 0.91
The tendency of XL Fleet Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 0.91 or more in 90 days |
| 1.01 | 90 days | 0.91 | about 49.72 |
Based on a normal probability distribution, the odds of XL Fleet to drop to $ 0.91 or more in 90 days from now is about 49.72 (This XL Fleet Corp probability density function shows the probability of XL Fleet Stock to fall within a particular range of prices over 90 days) . Probability of XL Fleet Corp price to stay between $ 0.91 and its current price of $1.01 at the end of the 90-day period is about 49.49 .
Allowing for the 90-day total investment horizon XL Fleet has a beta of 0.17. This entails as returns on the market go up, XL Fleet average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding XL Fleet Corp will be expected to be much smaller as well. Additionally XL Fleet Corp has an alpha of 0.4932, implying that it can generate a 0.49 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). XL Fleet Price Density |
| Price |
Predictive Modules for XL Fleet
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as XL Fleet Corp. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.XL Fleet Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. XL Fleet is not an exception. The market had few large corrections towards the XL Fleet's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold XL Fleet Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of XL Fleet within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.49 | |
β | Beta against Dow Jones | 0.17 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | 0.11 |
XL Fleet Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of XL Fleet for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for XL Fleet Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| XL Fleet Corp is not yet fully synchronised with the market data | |
| XL Fleet Corp has some characteristics of a very speculative penny stock | |
| XL Fleet Corp has a very high chance of going through financial distress in the upcoming years | |
| XL Fleet Corp reports about 351.68 M in cash with (48.49 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.71, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 35.0% of the company outstanding shares are owned by insiders |
XL Fleet Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of XL Fleet Stock often depends not only on the future outlook of the current and potential XL Fleet's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. XL Fleet's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 131.4 M | |
| Cash And Short Term Investments | 351.7 M |
XL Fleet Technical Analysis
XL Fleet's future price can be derived by breaking down and analyzing its technical indicators over time. XL Fleet Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of XL Fleet Corp. In general, you should focus on analyzing XL Fleet Stock price patterns and their correlations with different microeconomic environments and drivers.
XL Fleet Predictive Forecast Models
XL Fleet's time-series forecasting models is one of many XL Fleet's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary XL Fleet's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about XL Fleet Corp
Checking the ongoing alerts about XL Fleet for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for XL Fleet Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| XL Fleet Corp is not yet fully synchronised with the market data | |
| XL Fleet Corp has some characteristics of a very speculative penny stock | |
| XL Fleet Corp has a very high chance of going through financial distress in the upcoming years | |
| XL Fleet Corp reports about 351.68 M in cash with (48.49 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.71, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 35.0% of the company outstanding shares are owned by insiders |
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Other Consideration for investing in XL Fleet Stock
If you are still planning to invest in XL Fleet Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the XL Fleet's history and understand the potential risks before investing.
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