AXSKX Mutual Fund Quote

AXSKX
 Fund
  

USD 7.92  0.01  0.13%   

Market Performance
0 of 100
Odds Of Distress
Less than 1
Axs Sustainable is trading at 7.92 as of the 8th of August 2022; that is -0.13 percent decrease since the beginning of the trading day. The fund's open price was 7.93. Axs Sustainable has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Axs Sustainable Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of August 2020 and ending today, the 8th of August 2022. Click here to learn more.
In seeking to achieve its investment objective, the fund primarily invests in a portfolio of U.S. dollar-denominated corporate debt securities. Axs Sustainable is traded on NASDAQ Exchange in the United States. More on Axs Sustainable Income

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Axs Sustainable Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Axs Sustainable's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Axs Sustainable or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Axs Sustainable generated a negative expected return over the last 90 days
Axs Sustainable is unlikely to experience financial distress in the next 2 years
On 29th of June 2022 Axs Sustainable paid $ 0.0931 per share dividend to its current shareholders
The fund holds about 96.14% of its assets under management (AUM) in fixed income securities
Thematic Ideas
(view all).
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Axs Sustainable's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
Startdate1st of February 2013
Axs Sustainable Income [AXSKX] is traded in USA and was established 8th of August 2022. The fund is listed under High Yield Bond category and is part of AXS family. The entity is thematically classified as Aggressive. Axs Sustainable Income presently has accumulated 1.74 M in assets under management (AUM) with minimum initial investment of 5 K.
Check Axs Sustainable Probability Of Bankruptcy

Instrument Allocation

Axs Sustainable Target Price Odds Analysis

What are Axs Sustainable's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Axs Sustainable jumping above the current price in 90 days from now is about 42.56%. The Axs Sustainable Income probability density function shows the probability of Axs Sustainable mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Axs Sustainable has a beta of 0.1728. This suggests as returns on the market go up, Axs Sustainable average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Axs Sustainable Income will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Axs Sustainable Income is significantly underperforming DOW.
  Odds Below 7.92HorizonTargetOdds Above 7.92
56.92%90 days
 7.92 
42.56%
Based on a normal probability distribution, the odds of Axs Sustainable to move above the current price in 90 days from now is about 42.56 (This Axs Sustainable Income probability density function shows the probability of AXSKX Mutual Fund to fall within a particular range of prices over 90 days) .

Axs Sustainable Income Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Axs Sustainable market risk premium is the additional return an investor will receive from holding Axs Sustainable long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Axs Sustainable. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Axs Sustainable's alpha and beta are two of the key measurements used to evaluate Axs Sustainable's performance over the market, the standard measures of volatility play an important role as well.

Axs Sustainable Against Markets

Picking the right benchmark for Axs Sustainable mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Axs Sustainable mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Axs Sustainable is critical whether you are bullish or bearish towards Axs Sustainable Income at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Axs Sustainable without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in Axs Sustainable Income?

You need to understand the risk of investing before taking a position in Axs Sustainable. The danger of trading Axs Sustainable Income is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Axs Sustainable is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Axs Sustainable. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Axs Sustainable Income is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please continue to Trending Equities. Note that the Axs Sustainable Income information on this page should be used as a complementary analysis to other Axs Sustainable'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 ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

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Please note, there is a significant difference between Axs Sustainable's value and its price as these two are different measures arrived at by different means. Investors typically determine Axs Sustainable value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axs Sustainable'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.