XL Holdings' market value is the price at which a share of XL Holdings trades on a public exchange. It measures the collective expectations of XL Holdings Bhd investors about its performance. XL Holdings is selling for 0.52 as of the 23rd of December 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 0.52. With this module, you can estimate the performance of a buy and hold strategy of XL Holdings Bhd and determine expected loss or profit from investing in XL Holdings over a given investment horizon. Check out Trending Equities 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 board of governors.
Symbol
7121
XL Holdings 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to XL Holdings' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of XL Holdings.
0.00
11/23/2024
No Change 0.00
0.0
In 30 days
12/23/2024
0.00
If you would invest 0.00 in XL Holdings on November 23, 2024 and sell it all today you would earn a total of 0.00 from holding XL Holdings Bhd or generate 0.0% return on investment in XL Holdings over 30 days.
XL Holdings Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure XL Holdings' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess XL Holdings Bhd upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for XL Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as XL Holdings' standard deviation. In reality, there are many statistical measures that can use XL Holdings historical prices to predict the future XL Holdings' volatility.
XL Holdings Bhd retains Efficiency (Sharpe Ratio) of -0.0548, which attests that the company had a -0.0548% return per unit of price deviation over the last 3 months. XL Holdings exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out XL Holdings' market risk adjusted performance of 1.48, and Information Ratio of (0.08) to validate the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -0.0579, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning XL Holdings are expected to decrease at a much lower rate. During the bear market, XL Holdings is likely to outperform the market. At this point, XL Holdings Bhd has a negative expected return of -0.0774%. Please make sure to check out XL Holdings' market risk adjusted performance, coefficient of variation, variance, as well as the relationship between the mean deviation and standard deviation , to decide if XL Holdings Bhd performance from the past will be repeated at some future date.
Auto-correlation
0.00
No correlation between past and present
XL Holdings Bhd has no correlation between past and present. Overlapping area represents the amount of predictability between XL Holdings time series from 23rd of November 2024 to 8th of December 2024 and 8th of December 2024 to 23rd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of XL Holdings Bhd price movement. The serial correlation of 0.0 indicates that just 0.0% of current XL Holdings price fluctuation can be explain by its past prices.
Correlation Coefficient
0.0
Spearman Rank Test
1.0
Residual Average
0.0
Price Variance
0.0
XL Holdings Bhd lagged returns against current returns
Autocorrelation, which is XL Holdings stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting XL Holdings' stock expected returns. We can calculate the autocorrelation of XL Holdings returns to help us make a trade decision. For example, suppose you find that XL Holdings has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
XL Holdings regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If XL Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if XL Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in XL Holdings stock over time.
Current vs Lagged Prices
Timeline
XL Holdings Lagged Returns
When evaluating XL Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of XL Holdings stock have on its future price. XL Holdings autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, XL Holdings autocorrelation shows the relationship between XL Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in XL Holdings Bhd.
Regressed Prices
Timeline
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