Xylem Inc Stock Price on March 8, 2024
XYL Stock | USD 142.11 0.84 0.59% |
If you're considering investing in Xylem Stock, it is important to understand the factors that can impact its price. As of today, the current price of Xylem stands at 142.11, as last reported on the 14th of May 2024, with the highest price reaching 142.11 and the lowest price hitting 142.11 during the day. Xylem appears to be very steady, given 3 months investment horizon. Xylem Inc shows Sharpe Ratio of 0.24, which attests that the company had a 0.24% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Xylem Inc, which you can use to evaluate the volatility of the company. Please utilize Xylem's Mean Deviation of 0.7095, downside deviation of 0.7734, and Market Risk Adjusted Performance of 0.2323 to validate if our risk estimates are consistent with your expectations.
Xylem Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Xylem |
Sharpe Ratio = 0.2436
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Estimated Market Risk
0.89 actual daily | 7 93% of assets are more volatile |
Expected Return
0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
0.24 actual daily | 19 81% of assets perform better |
Based on monthly moving average Xylem is performing at about 19% 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 Xylem by adding it to a well-diversified portfolio.
Xylem Valuation on March 8, 2024
It is possible to determine the worth of Xylem on a given historical date. On March 8, 2024 Xylem was worth 127.29 at the beginning of the trading date compared to the closed value of 127.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Xylem stock. Still, in general, we apply an absolute valuation method to find Xylem'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 Xylem where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Xylem's related companies.
Open | High | Low | Close | Volume | |
127.16 | 127.70 | 126.51 | 126.97 | 655,117 | |
03/08/2024 | 127.29 | 127.98 | 126.58 | 127.08 | 744,164 |
126.88 | 127.04 | 125.51 | 126.18 | 982,386 |
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Xylem Trading Date Momentum on March 8, 2024
On March 11 2024 Xylem Inc was traded for 126.18 at the closing time. Highest Xylem's price during the trading hours was 127.04 and the lowest price during the day was 125.51 . The net volume was 982.4 K. The overall trading history on the 11th of March 2024 contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.71% . The trading price change to current price is 0.22% . |
Xylem Inc Fundamentals Correlations and Trends
By evaluating Xylem'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 Xylem's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Xylem financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Xylem Stock history
Xylem 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 Xylem is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Xylem Inc 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 Xylem stock prices may prove useful in developing a viable investing in Xylem
Xylem Inc., together with its subsidiaries, engages in the design, manufacture, and servicing of engineered products and solutions for the water and wastewater applications in the United States, Europe, the Asia Pacific, and internationally. The company. was incorporated in 2011 and is headquartered in Rye Brook, New York. Xylem operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 17000 people.
Xylem Stock Technical Analysis
Xylem 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
Xylem Period Price Range
Low | March 8, 2024
| High |
127.29 | 127.08 |
Xylem May 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Xylem stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Xylem shares will generate the highest return on investment. By undertsting and applying Xylem stock market strength indicators, traders can identify Xylem Inc entry and exit signals to maximize returns
Accumulation Distribution | 8140.57 | |||
Daily Balance Of Power | (0.15) | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 127.28 | |||
Day Typical Price | 127.21 | |||
Price Action Indicator | (0.31) | |||
Period Momentum Indicator | 15.03 | |||
Relative Strength Index | 75.7 |
Xylem Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Xylem's price direction in advance. Along with the technical and fundamental analysis of Xylem Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Xylem 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 | 0.1532 | |||
Jensen Alpha | 0.1508 | |||
Total Risk Alpha | 0.1145 | |||
Sortino Ratio | 0.1927 | |||
Treynor Ratio | 0.2223 |
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Volume Indicators |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xylem Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Xylem Stock analysis
When running Xylem's price analysis, check to measure Xylem'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 Xylem is operating at the current time. Most of Xylem's value examination focuses on studying past and present price action to predict the probability of Xylem's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xylem's price. Additionally, you may evaluate how the addition of Xylem to your portfolios can decrease your overall portfolio volatility.
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Is Xylem'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 Xylem. If investors know Xylem 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 Xylem 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 Xylem Inc is measured differently than its book value, which is the value of Xylem that is recorded on the company's balance sheet. Investors also form their own opinion of Xylem's value that differs from its market value or its book value, called intrinsic value, which is Xylem'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 Xylem's market value can be influenced by many factors that don't directly affect Xylem'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 Xylem's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xylem is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xylem'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.