Xunlei Stock Market Value

XNET
 Stock
  

USD 1.45  0.03  2.11%   

Xunlei's market value is the price at which a share of Xunlei stock trades on a public exchange. It measures the collective expectations of Xunlei Limited investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Xunlei Limited and determine expected loss or profit from investing in Xunlei over a given investment horizon. Check out Xunlei Correlation, Xunlei Volatility and Xunlei Alpha and Beta module to complement your research on Xunlei.
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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.
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.

Xunlei '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 Xunlei's 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 Xunlei.
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08/28/2022
No Change 0.00  0.0 
In 31 days
09/27/2022
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If you would invest  0.00  in Xunlei on August 28, 2022 and sell it all today you would earn a total of 0.00 from holding Xunlei Limited or generate 0.0% return on investment in Xunlei over 30 days. Xunlei is related to or competes with Clearwater Paper. Xunlei Limited, together with its subsidiaries, operates an Internet platform for digital media content in the Peoples R... More

Xunlei 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 Xunlei's 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 Xunlei Limited upside and downside potential and time the market with a certain degree of confidence.

Xunlei Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Xunlei's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xunlei's standard deviation. In reality, there are many statistical measures that can use Xunlei historical prices to predict the future Xunlei's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Xunlei'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. Please use the tools below to analyze the current value of Xunlei in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.071.445.03
Details
Intrinsic
Valuation
LowReal ValueHigh
0.061.264.85
Details
Naive
Forecast
LowNext ValueHigh
0.0264461.324.91
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1.391.451.48
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Xunlei. Your research has to be compared to or analyzed against Xunlei's peers to derive any actionable benefits. When done correctly, Xunlei's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Xunlei Limited.

Xunlei Limited Backtested Returns

Xunlei Limited shows Sharpe Ratio of -0.0487, which attests that the company had -0.0487% of return per unit of risk over the last 3 months. Macroaxis standpoint towards determining the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Xunlei Limited exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Xunlei Limited Mean Deviation of 2.93, downside deviation of 3.65, and Market Risk Adjusted Performance of 0.0226 to validate the risk estimate we provide.
The firm maintains a market beta of 1.1645, which attests to a somewhat significant risk relative to the market. Let's try to break down what Xunlei's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Xunlei will likely underperform. Even though it is essential to pay attention to Xunlei Limited historical price patterns, it is always good to be careful when utilizing equity current price history. Our philosophy towards determining any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Xunlei Limited exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Xunlei Limited has an expected return of -0.17%. Please be advised to check out Xunlei Limited potential upside, as well as the relationship between the accumulation distribution and price action indicator to decide if Xunlei Limited performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.07  

Very weak reverse predictability

Xunlei Limited has very weak reverse predictability. Overlapping area represents the amount of predictability between Xunlei time series from 28th of August 2022 to 12th of September 2022 and 12th of September 2022 to 27th of September 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Xunlei Limited price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Xunlei price fluctuation can be explain by its past prices.
Correlation Coefficient-0.07
Spearman Rank Test-0.14
Residual Average0.0
Price Variance0.01

Xunlei Limited lagged returns against current returns

Autocorrelation, which is Xunlei 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 Xunlei's stock expected returns. We can calculate the autocorrelation of Xunlei returns to help us make a trade decision. For example, suppose you find that Xunlei stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Xunlei 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 Xunlei stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xunlei stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xunlei stock over time.
   Current vs Lagged Prices   
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       Timeline  

Xunlei Lagged Returns

When evaluating Xunlei's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xunlei stock have on its future price. Xunlei 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, Xunlei autocorrelation shows the relationship between Xunlei stock current value and its past values and can show if there is a momentum factor associated with investing in Xunlei Limited.
   Regressed Prices   
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       Timeline  

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.

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Check out Xunlei Correlation, Xunlei Volatility and Xunlei Alpha and Beta module to complement your research on Xunlei. 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 Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for Xunlei Stock analysis

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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Xunlei 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 Xunlei technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Xunlei 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...