Xero (Australia) Price on September 10, 2024
| XRO Stock | 175.88 0.01 0.01% |
If you're considering investing in Xero Stock, it is important to understand the factors that can impact its price. As of today, the current price of Xero stands at 175.88, as last reported on the 29th of November, with the highest price reaching 176.61 and the lowest price hitting 175.58 during the day. Xero appears to be very steady, given 3 months investment horizon. Xero shows Sharpe Ratio of 0.22, which attests that the company had a 0.22% return per unit of risk over the last 3 months. We have found thirty technical indicators for Xero, which you can use to evaluate the volatility of the company. Please utilize Xero's Market Risk Adjusted Performance of (0.92), mean deviation of 1.08, and Downside Deviation of 1.12 to validate if our risk estimates are consistent with your expectations.
Xero Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Xero |
Sharpe Ratio = 0.2228
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | XRO | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.44 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Xero is performing at about 17% of its full potential. 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 Xero by adding it to a well-diversified portfolio.
Xero Valuation on September 10, 2024
It is possible to determine the worth of Xero on a given historical date. On September 10, 2024 Xero was worth 142.4 at the beginning of the trading date compared to the closed value of 142.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Xero stock. Still, in general, we apply an absolute valuation method to find Xero's 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 Xero where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Xero's related companies.
| Open | High | Low | Close | Volume | |
| 140.43 | 141.61 | 138.60 | 141.61 | 329,182 | |
09/10/2024 | 142.40 | 143.06 | 140.56 | 142.02 | 220,609 |
| 141.16 | 141.42 | 139.80 | 141.16 | 333,810 |
| Backtest Xero | | | Xero History | | | Xero Valuation | Previous | Next |
Xero Trading Date Momentum on September 10, 2024
| On September 11 2024 Xero was traded for 141.16 at the closing time. The maximum traded price for the trading interval was 141.42 and the lowest daily price was 139.80 . The daily volume was recorded at 333.8 K. The volume of trading on 11th of September 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 0.61% . The trading price change to the closing price today is 5.51% . |
Xero Fundamentals Correlations and Trends
By evaluating Xero's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Xero's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Xero financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Xero Stock history
Xero 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 Xero is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Xero 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 Xero stock prices may prove useful in developing a viable investing in Xero
Xero Stock Technical Analysis
Xero 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.
Price Boundaries
Xero Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Xero cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Xero November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Xero stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Xero shares will generate the highest return on investment. By undertsting and applying Xero stock market strength indicators, traders can identify Xero entry and exit signals to maximize returns
Xero Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Xero's price direction in advance. Along with the technical and fundamental analysis of Xero Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Xero 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 | 0.1754 | |||
| Jensen Alpha | 0.3502 | |||
| Total Risk Alpha | 0.0942 | |||
| Sortino Ratio | 0.175 | |||
| Treynor Ratio | (0.93) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Xero Stock Analysis
When running Xero's price analysis, check to measure Xero'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 Xero is operating at the current time. Most of Xero's value examination focuses on studying past and present price action to predict the probability of Xero's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xero's price. Additionally, you may evaluate how the addition of Xero to your portfolios can decrease your overall portfolio volatility.