Xos Inc Stock Price on May 8, 2024

XOS Stock  USD 4.17  0.21  4.79%   
Below is the normalized historical share price chart for Xos Inc extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Xos stands at 4.17, as last reported on the 29th of November, with the highest price reaching 4.37 and the lowest price hitting 4.11 during the day.
IPO Date
20th of August 2021
200 Day MA
6.8197
50 Day MA
4.5481
Beta
1.83
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Xos Stock, it is important to understand the factors that can impact its price. Xos Inc shows Sharpe Ratio of -0.0331, which attests that the company had a -0.0331% return per unit of risk over the last 3 months. Xos Inc exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Xos' Mean Deviation of 2.32, market risk adjusted performance of (0.28), and Standard Deviation of 3.81 to validate the risk estimate we provide.
  
At this time, Xos' Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 116.3 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 4.1 M in 2024. . At this time, Xos' Price Book Value Ratio is comparatively stable compared to the past year. Price To Book Ratio is likely to gain to 1.07 in 2024, whereas Price Earnings Ratio is likely to drop (0.64) in 2024. Xos Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0331

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Negative ReturnsXOS

Estimated Market Risk

 3.8
  actual daily
33
67% of assets are more volatile

Expected Return

 -0.13
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Xos 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 Xos by adding Xos to a well-diversified portfolio.
Price Book
0.6586
Enterprise Value Ebitda
(0.81)
Price Sales
0.5251
Shares Float
4.2 M
Wall Street Target Price
9.75

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Xos Valuation on May 8, 2024

It is possible to determine the worth of Xos on a given historical date. On May 8, 2024 Xos was worth 7.41 at the beginning of the trading date compared to the closed value of 7.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Xos stock. Still, in general, we apply an absolute valuation method to find Xos' 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 Xos where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Xos' related companies.
 Open High Low Close Volume
  7.67    7.73    7.47    7.47    8,800  
05/08/2024
  7.41    7.64    7.40    7.61    5,400  
  7.59    7.75    7.47    7.65    9,800  
Backtest Xos  |  Xos History  |  Xos Valuation   PreviousNext  
Open Value
7.41
7.61
Closing Value
18.82
Upside

Xos Trading Date Momentum on May 8, 2024

On May 09 2024 Xos Inc was traded for  7.65  at the closing time. Highest Xos's price during the trading hours was 7.75  and the lowest price during the day was  7.47 . The net volume was 9.8 K. The overall trading history on the 9th of May contributed to the next trading period price appreciation. The trading price change to the next next day price was 0.53% . The trading price change to current price is 9.33% .

Xos Inc Fundamentals Correlations and Trends

By evaluating Xos' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Xos' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Xos financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Xos Stock history

Xos 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 Xos is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Xos Inc 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 Xos stock prices may prove useful in developing a viable investing in Xos
Last ReportedProjected for Next Year
Common Stock Shares Outstanding5.8 M4.1 M
Net Loss-66 M-62.7 M

Xos Quarterly Net Working Capital

80.07 Million

Xos Stock Technical Analysis

Xos 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.
A focus of Xos technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Xos trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Xos Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Xos Inc cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Xos November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Xos stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Xos shares will generate the highest return on investment. By undertsting and applying Xos stock market strength indicators, traders can identify Xos Inc entry and exit signals to maximize returns

Xos Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Xos' price direction in advance. Along with the technical and fundamental analysis of Xos Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Xos 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.

Additional Tools for Xos Stock Analysis

When running Xos' price analysis, check to measure Xos' 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 Xos is operating at the current time. Most of Xos' value examination focuses on studying past and present price action to predict the probability of Xos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xos' price. Additionally, you may evaluate how the addition of Xos to your portfolios can decrease your overall portfolio volatility.