Xunlei Ltd Adr Stock Chance of Future Stock Price Finishing Under 2.1
XNET Stock | USD 2.10 0.01 0.47% |
Xunlei |
Xunlei Target Price Odds to finish below 2.1
The tendency of Xunlei 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 move below current price in 90 days |
2.10 | 90 days | 2.10 | about 78.4 |
Based on a normal probability distribution, the odds of Xunlei to move below current price in 90 days from now is about 78.4 (This Xunlei Ltd Adr probability density function shows the probability of Xunlei Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Xunlei has a beta of 0.61. This entails as returns on the market go up, Xunlei average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Xunlei Ltd Adr will be expected to be much smaller as well. Additionally Xunlei Ltd Adr has an alpha of 0.4755, implying that it can generate a 0.48 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Xunlei Price Density |
Price |
Predictive Modules for Xunlei
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Xunlei Ltd Adr. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Xunlei'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.
Xunlei Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Xunlei is not an exception. The market had few large corrections towards the Xunlei'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 Xunlei Ltd Adr, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Xunlei within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.48 | |
β | Beta against Dow Jones | 0.61 | |
σ | Overall volatility | 0.19 | |
Ir | Information ratio | 0.1 |
Xunlei 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 Xunlei for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Xunlei Ltd Adr can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Xunlei Ltd Adr appears to be risky and price may revert if volatility continues | |
About 19.0% of the company outstanding shares are owned by insiders | |
Latest headline from gurufocus.com: XNET Stock Drops 7.48 percent Amidst Market Volatility |
Xunlei 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 Xunlei Stock often depends not only on the future outlook of the current and potential Xunlei'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. Xunlei's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 65.4 M | |
Cash And Short Term Investments | 271.9 M |
Xunlei Technical Analysis
Xunlei's future price can be derived by breaking down and analyzing its technical indicators over time. Xunlei Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Xunlei Ltd Adr. In general, you should focus on analyzing Xunlei Stock price patterns and their correlations with different microeconomic environments and drivers.
Xunlei Predictive Forecast Models
Xunlei's time-series forecasting models is one of many Xunlei'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 Xunlei'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 Xunlei Ltd Adr
Checking the ongoing alerts about Xunlei for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Xunlei Ltd Adr help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Xunlei Ltd Adr appears to be risky and price may revert if volatility continues | |
About 19.0% of the company outstanding shares are owned by insiders | |
Latest headline from gurufocus.com: XNET Stock Drops 7.48 percent Amidst Market Volatility |
Additional 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.