US Xpress Enterprises Price on December 31, 2022
USXDelisted Stock | USD 6.14 0.01 0.16% |
If you're considering investing in USX Stock, it is important to understand the factors that can impact its price. As of today, the current price of US Xpress stands at 6.14, as last reported on the 29th of November, with the highest price reaching 6.15 and the lowest price hitting 6.13 during the day. We have found twenty-nine technical indicators for US Xpress, which you can use to evaluate the volatility of the company. Please validate US Xpress' Downside Deviation of 0.433, risk adjusted performance of 0.0994, and Mean Deviation of 0.2286 to confirm if the risk estimate we provide is consistent with the expected return of 0.0%.
USX Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
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Sharpe Ratio = 0.0
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Based on monthly moving average US Xpress is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of US Xpress by adding US Xpress to a well-diversified portfolio.
US Xpress Valuation on December 31, 2022
It is possible to determine the worth of US Xpress on a given historical date. On December 31, 2022 USX was worth 1.47 at the beginning of the trading date compared to the closed value of 1.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of US Xpress stock. Still, in general, we apply an absolute valuation method to find US Xpress' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of US Xpress where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against US Xpress' related companies.
Open | High | Low | Close | Volume | |
1.54 | 1.62 | 1.47 | 1.51 | 171,542 | |
12/30/2022 | 1.47 | 1.81 | 1.46 | 1.81 | 288,789 |
1.77 | 1.87 | 1.76 | 1.78 | 64,188 |
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US Xpress Trading Date Momentum on December 31, 2022
On January 03 2023 US Xpress Enterprises was traded for 1.78 at the closing time. Highest US Xpress's price during the trading hours was 1.87 and the lowest price during the day was 1.76 . The net volume was 64.2 K. The overall trading history on the 3rd of January contributed to the next trading period price depreciation. The trading price change to the next next day price was 1.66% . The trading price change to current price is 11.60% . |
US Xpress Enterprises Fundamentals Correlations and Trends
By evaluating US Xpress' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among US Xpress' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. USX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About US Xpress Stock history
US Xpress investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for USX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in US Xpress Enterprises will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing US Xpress stock prices may prove useful in developing a viable investing in US Xpress
Xpress Enterprises, Inc. operates as an asset-based truckload carrier providing services primarily in the United States. The company was founded in 1985 and is headquartered in Chattanooga, Tennessee. US Xpress operates under Trucking classification in the United States and is traded on New York Stock Exchange. It employs 8689 people.
US Xpress Stock Technical Analysis
US Xpress 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
US Xpress Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
US Xpress Enterprises cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
US Xpress November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how US Xpress stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading US Xpress shares will generate the highest return on investment. By undertsting and applying US Xpress stock market strength indicators, traders can identify US Xpress Enterprises entry and exit signals to maximize returns
US Xpress Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for US Xpress' price direction in advance. Along with the technical and fundamental analysis of USX Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of USX to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0994 | |||
Jensen Alpha | 0.0387 | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | (0.18) | |||
Treynor Ratio | (8.12) |
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Check out World Market Map 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 state. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Other Consideration for investing in USX Stock
If you are still planning to invest in US Xpress Enterprises 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 US Xpress' history and understand the potential risks before investing.
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