Axonic Etf Buy Hold or Sell Recommendation

AXSAX -  USA Etf  

USD 9.10  0.01  0.11%

Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Axonic Strategic Income is 'Strong Hold'. Macroaxis provides Axonic Strategic buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding AXSAX positions. The advice algorithm takes into account all of Axonic Strategic's available fundamental, technical, and predictive indicators you will find on this site.
  
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The advice is provided from Axonic Strategic's buy-and-hold perspective. Please continue to Axonic Strategic Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual funds such as Axonic and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards Axonic Strategic Income.

Execute Axonic Strategic Buy or Sell Advice

The Axonic recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Axonic Strategic Income. Macroaxis does not own or have any residual interests in Axonic Strategic Income or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Axonic Strategic's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Axonic StrategicBuy Axonic Strategic
Strong Hold

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds of Distress

Very SmallDetails

Economic Sensitivity

Moves indifferently to market movesDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Axonic Strategic Income has a Risk Adjusted Performance of (0.75), Jensen Alpha of (0.05), Total Risk Alpha of (0.042144) and Treynor Ratio of 6.57
We provide trade advice to complement the prevailing expert consensus on Axonic Strategic Income. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the etf's potential to grow using all technical and fundamental data available at the time. Use Axonic Strategic Income one year return and equity positions weight to ensure your buy or sell decision on Axonic Strategic Income is adequate.

Axonic Strategic Trading Alerts and Improvement Suggestions

Axonic Strategic generated a negative expected return over the last 90 days
Axonic Strategic is unlikely to experience financial distress in the next 2 years
Latest headline from www.livemint.com: Some India MFs resume fresh investments in overseas funds Mint - Mint
Axonic Strategic Income generated five year return of -1.0%
This fund holds about 32.49% of its assets under management (AUM) in cash

Axonic Strategic Returns Distribution Density

The distribution of Axonic Strategic's historical returns is an attempt to chart the future uncertainty of Axonic Strategic's future price movements. The chart of the probability distribution of Axonic Strategic stock daily returns describes the distribution of returns around its average expected value. We use Axonic Strategic Income price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Axonic Strategic returns is essential to provide solid investment advice for Axonic Strategic stock.
Mean Return-0.04Value At Risk-0.22
Potential Upside0.11Standard Deviation0.1
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Axonic Strategic historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Axonic Strategic Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Axonic Strategic or Axonic sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Axonic Strategic stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Axonic stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.05
β
Beta against DOW-0.008
σ
Overall volatility
0.1
Ir
Information ratio 1.00

Axonic Strategic Volatility Alert

Axonic Strategic Income exhibits very low volatility with skewness of 0.86 and kurtosis of 2.3. However, we advise investors to further study Axonic Strategic Income technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Axonic Strategic's etf risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Axonic Strategic's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Axonic Strategic Implied Volatility

Axonic Strategic's implied volatility exposes the market's sentiment of Axonic Strategic Income stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Axonic Strategic's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Axonic Strategic stock will not fluctuate a lot when Axonic Strategic's options are near their expiration.

Axonic Strategic Fundamentals Vs Peers

Comparing Axonic Strategic's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Axonic Strategic's direct or indirect competition across all of the common fundamentals between Axonic Strategic and the related equities. This way, we can detect undervalued stocks with similar characteristics as Axonic Strategic or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Axonic Strategic's fundamental indicators could also be used in its relative valuation, which is a method of valuing Axonic Strategic by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Axonic Strategic to competition
FundamentalsAxonic StrategicPeer Average
Price to Earning13.92 X3.15 X
Price to Book1.37 X0.39 X
Price to Sales0.60 X0.33 X
One Year Return52.02 %(0.97) %
Three Year Return(8.72) %3.23 %
Five Year Return(1.42) %1.12 %
Net Asset1.41 B2.29 B
Last Dividend Paid0.040.14
Cash Position Weight32.49 %0.16 %
Equity Positions Weight0.98 %52.82 %
Bond Positions Weight4.65 %8.16 %

Axonic Strategic Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Axonic . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Daily Balance Of Power(9,223,372,036,855)
Rate Of Daily Change1.0
Day Median Price9.1
Day Typical Price9.1
Price Action Indicator(0.005)

About Axonic Strategic Buy or Sell Advice

When is the right time to buy or sell Axonic Strategic Income? Buying financial instruments such as Axonic Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although Axonic Strategic investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Axonic Strategic in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Gambling Thematic Idea Now

Gambling
Gambling Theme
Companies that are related to providing gambling services across multiple geographical areas by investing, exploring, or producing software, hardware, and related infrastructure for running gambling operations or trading speculative assets. The Gambling theme has 37 constituents.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Gambling Theme or any other thematic opportunities.
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Please continue to Axonic Strategic Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Axonic Strategic Income information on this page should be used as a complementary analysis to other Axonic Strategic'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.

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The market value of Axonic Strategic Income is measured differently than its book value, which is the value of Axonic that is recorded on the company's balance sheet. Investors also form their own opinion of Axonic Strategic's value that differs from its market value or its book value, called intrinsic value, which is Axonic Strategic'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 Axonic Strategic's market value can be influenced by many factors that don't directly affect Axonic Strategic'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 Axonic Strategic's value and its price as these two are different measures arrived at by different means. Investors typically determine Axonic Strategic value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axonic Strategic'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.