Xunlei Stock Forecast - Price Action Indicator

XNET
 Stock
  

USD 1.70  0.08  4.94%   

Xunlei Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Xunlei historical stock prices and determine the direction of Xunlei Limited's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Xunlei historical fundamentals such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Xunlei to cross-verify your projections.
  

Open Interest Agains t 2022-12-16 Xunlei Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Xunlei's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest Xunlei's options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies Xunlei stock based on available contracts left at the end of a trading day.
Please note, to derive more accurate forecasting about market movement from the current Xunlei's open interest, investors have to compare it to Xunlei's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Xunlei is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Xunlei. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Xunlei Limited has current Price Action Indicator of 0.
Most investors in Xunlei cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Xunlei's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Xunlei's price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
  Previous Price Action IndicatorPrice Action IndicatorTrend
0.0850
Check Xunlei VolatilityBacktest XunleiInformation Ratio  

Xunlei Trading Date Momentum

On November 26 2022 Xunlei Limited was traded for  1.70  at the closing time. The top price for the day was 1.74  and the lowest listed price was  1.59 . There was no trading activity during the period 0.0. Lack of trading volume on November 26, 2022 had no short-term effect on price fluctuation. The trading price change against the current closing price is 5.88% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Xunlei

For every potential investor in Xunlei, whether a beginner or expert, Xunlei's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Xunlei Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Xunlei. Basic forecasting techniques help filter out the noise by identifying Xunlei's price trends.

Xunlei Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Xunlei stock to make a market-neutral strategy. Peer analysis of Xunlei could also be used in its relative valuation, which is a method of valuing Xunlei by comparing valuation metrics with similar companies.
Akamai TechnologiesBaidu Inc ADRBroadridge FinancialBaozun Inc ADRSalesforceAlphabet Cl CHewlett Packard EnteIac IncInternational BusinessServicenowAmn Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGx Nasdaq-100 CoveredFranklin Mutual European
 Risk & Return  Correlation

Xunlei Limited Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Xunlei's price movements, , a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Xunlei's current price.

Xunlei Risk Indicators

The analysis of Xunlei's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Xunlei's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Xunlei stock price, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Xunlei in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Xunlei's short interest history, or implied volatility extrapolated from Xunlei options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Historical Fundamental Analysis of Xunlei to cross-verify your projections. Note that the Xunlei Limited information on this page should be used as a complementary analysis to other Xunlei's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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When running Xunlei Limited price analysis, check to measure Xunlei'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 Xunlei is operating at the current time. Most of Xunlei's value examination focuses on studying past and present price action to predict the probability of Xunlei's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Xunlei's price. Additionally, you may evaluate how the addition of Xunlei to your portfolios can decrease your overall portfolio volatility.
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Is Xunlei's industry 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 Xunlei. If investors know Xunlei 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 Xunlei listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
378.82
Market Capitalization
113 M
Quarterly Revenue Growth YOY
0.47
Return On Assets
0.0139
Return On Equity
0.0642
The market value of Xunlei Limited is measured differently than its book value, which is the value of Xunlei that is recorded on the company's balance sheet. Investors also form their own opinion of Xunlei's value that differs from its market value or its book value, called intrinsic value, which is Xunlei'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 Xunlei's market value can be influenced by many factors that don't directly affect Xunlei'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 Xunlei's value and its price as these two are different measures arrived at by different means. Investors typically determine Xunlei value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xunlei'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.