Axos Financial Stock Market Value

AX
 Stock
  

USD 40.11  1.21  3.11%   

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


Is Axos Financial'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 Axos Financial. If investors know Axos Financial 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 Axos Financial 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
(0.02) 
Market Capitalization
2.3 B
Quarterly Revenue Growth YOY
0.18
Return On Assets
0.0143
Return On Equity
15.12
The market value of Axos Financial is measured differently than its book value, which is the value of Axos Financial that is recorded on the company's balance sheet. Investors also form their own opinion of Axos Financial's value that differs from its market value or its book value, called intrinsic value, which is Axos Financial'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 Axos Financial's market value can be influenced by many factors that don't directly affect Axos Financial'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 Axos Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine Axos Financial value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axos Financial'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.

Axos Financial '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 Axos Financial'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 Axos Financial.
0.00
11/01/2022
No Change 0.00  0.0 
In 30 days
12/01/2022
0.00
If you would invest  0.00  in Axos Financial on November 1, 2022 and sell it all today you would earn a total of 0.00 from holding Axos Financial or generate 0.0% return on investment in Axos Financial over 30 days. Axos Financial is related to or competes with Procter Gamble. Axos Financial, Inc., together with its subsidiaries, provides consumer and business banking products in the United Stat... More

Axos Financial 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 Axos Financial'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 Axos Financial upside and downside potential and time the market with a certain degree of confidence.

Axos Financial Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Axos Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Axos Financial's standard deviation. In reality, there are many statistical measures that can use Axos Financial historical prices to predict the future Axos Financial's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Axos Financial'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 Axos Financial in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
37.0940.0843.07
Details
Intrinsic
Valuation
LowReal ValueHigh
36.1046.1649.15
Details
Naive
Forecast
LowNext ValueHigh
35.9338.9241.91
Details
6 Analysts
Consensus
LowTarget PriceHigh
61.0065.1770.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Axos Financial. Your research has to be compared to or analyzed against Axos Financial's peers to derive any actionable benefits. When done correctly, Axos Financial'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 Axos Financial.

Axos Financial Backtested Returns

We consider Axos Financial very steady. Axos Financial secures Sharpe Ratio (or Efficiency) of 0.0115, which signifies that the company had 0.0115% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Axos Financial, which you can use to evaluate the future volatility of the firm. Please confirm Axos Financial mean deviation of 2.2, and Risk Adjusted Performance of (0.023924) to double-check if the risk estimate we provide is consistent with the expected return of 0.0347%.
The firm shows a Beta (market volatility) of 1.5866, which signifies a somewhat significant risk relative to the market. Let's try to break down what Axos Financial'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, Axos Financial will likely underperform. Although it is important to respect Axos Financial historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Axos Financial technical indicators, you can presently evaluate if the expected return of 0.0347% will be sustainable into the future. Axos Financial right now shows a risk of 3.01%. Please confirm Axos Financial semi variance, and the relationship between the treynor ratio and daily balance of power to decide if Axos Financial will be following its price patterns.

Auto-correlation

    
  -0.13  

Insignificant reverse predictability

Axos Financial has insignificant reverse predictability. Overlapping area represents the amount of predictability between Axos Financial time series from 1st of November 2022 to 16th of November 2022 and 16th of November 2022 to 1st of December 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 Axos Financial price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Axos Financial price fluctuation can be explain by its past prices.
Correlation Coefficient-0.13
Spearman Rank Test0.06
Residual Average0.0
Price Variance0.23

Axos Financial lagged returns against current returns

Autocorrelation, which is Axos Financial 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 Axos Financial's stock expected returns. We can calculate the autocorrelation of Axos Financial returns to help us make a trade decision. For example, suppose you find that Axos Financial 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  

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

Axos Financial Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Axos Financial without increasing your portfolio risk or giving up the 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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Pair Trading with Axos Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Axos Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Axos Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Axos Financial

+0.78BGCPBGC Partners Aggressive PushPairCorr
+0.76BLKBlackRock Fiscal Year End 13th of January 2023 PairCorr
+0.89CCitigroup Fiscal Year End 13th of January 2023 PairCorr
The ability to find closely correlated positions to Axos Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Axos Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Axos Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Axos Financial to buy it.
The correlation of Axos Financial is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Axos Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Axos Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Axos Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Axos Financial Correlation, Axos Financial Volatility and Axos Financial Alpha and Beta module to complement your research on Axos Financial. You can also try CEO Directory module to screen CEOs from public companies around the world.

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When running Axos Financial price analysis, check to measure Axos Financial'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 Axos Financial is operating at the current time. Most of Axos Financial's value examination focuses on studying past and present price action to predict the probability of Axos Financial's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Axos Financial's price. Additionally, you may evaluate how the addition of Axos Financial to your portfolios can decrease your overall portfolio volatility.
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Axos Financial 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 Axos Financial technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Axos Financial 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...