Almacenes Xito Sa Stock Momentum Indicators Commodity Channel Index
| EXTO Stock | 3.74 0.03 0.80% |
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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Commodity Channel Index (CCI) is designed to detect Almacenes Xito beginning and ending market trends using 100 to -100 scale. CCI values outside of this range indicate overbought or oversold conditions. If the price of Almacenes xito SA is making new highs, and the CCI is not, then a price correction is likely to happen soon.
Almacenes Xito Technical Analysis Modules
Most technical analysis of Almacenes Xito help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Almacenes from various momentum indicators to cycle indicators. When you analyze Almacenes charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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About Almacenes Xito Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Almacenes xito SA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Almacenes xito SA based on widely used predictive technical indicators. In general, we focus on analyzing Almacenes Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Almacenes Xito's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Almacenes Xito's intrinsic value. In addition to deriving basic predictive indicators for Almacenes Xito, we also check how macroeconomic factors affect Almacenes Xito price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.009635 | 0.006547 | 0.009907 | 0.009412 | Price To Sales Ratio | 1.86 | 1.76 | 1.71 | 1.79 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Almacenes Xito'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.
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Almacenes xito SA pair trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Almacenes Xito position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Almacenes Xito will appreciate offsetting losses from the drop in the long position's value.Almacenes Xito Pair Trading
Almacenes xito SA Pair Trading Analysis
The ability to find closely correlated positions to Almacenes Xito could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Almacenes Xito when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Almacenes Xito - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Almacenes xito SA to buy it.
The correlation of Almacenes Xito is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Almacenes Xito moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Almacenes xito SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Almacenes Xito can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Almacenes xito SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Consumer Staples Distribution & Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Almacenes Xito. If investors know Almacenes will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Almacenes Xito listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.04 | Revenue Per Share 128.8 K | Quarterly Revenue Growth (0.01) | Return On Assets 0.0267 | Return On Equity 0.0263 |
The market value of Almacenes xito SA is measured differently than its book value, which is the value of Almacenes that is recorded on the company's balance sheet. Investors also form their own opinion of Almacenes Xito's value that differs from its market value or its book value, called intrinsic value, which is Almacenes Xito's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Almacenes Xito's market value can be influenced by many factors that don't directly affect Almacenes Xito's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Almacenes Xito's value and its price as these two are different measures arrived at by different means. Investors typically determine if Almacenes Xito is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Almacenes Xito's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.