AXAHY OTC Stock Market Value

AXAHY
 Stock
  

USD 28.79  0.08  0.28%   

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


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

Axa SA '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 Axa SA's otc 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 Axa SA.
0.00
09/06/2022
No Change 0.00  0.0 
In 2 months and 31 days
12/05/2022
0.00
If you would invest  0.00  in Axa SA on September 6, 2022 and sell it all today you would earn a total of 0.00 from holding Axa SA ADR or generate 0.0% return on investment in Axa SA over 90 days. Axa SA is related to or competes with Aegon NV, Goosehead Insurance, Atlantic American, BB Seguridade, Fairfax Financial, Grupo Nacional, and Horace Mann. AXA SA, through its subsidiaries, provides insurance, asset management, and banking services worldwide More

Axa SA 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 Axa SA's otc 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 Axa SA ADR upside and downside potential and time the market with a certain degree of confidence.

Axa SA Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Axa SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Axa SA's standard deviation. In reality, there are many statistical measures that can use Axa SA historical prices to predict the future Axa SA's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Axa SA'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 Axa SA in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
26.7128.7130.71
Details
Intrinsic
Valuation
LowReal ValueHigh
27.0029.0031.00
Details
4 Analysts
Consensus
LowTarget PriceHigh
26.1526.1526.15
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Axa SA. Your research has to be compared to or analyzed against Axa SA's peers to derive any actionable benefits. When done correctly, Axa SA'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 Axa SA ADR.

Axa SA ADR Backtested Returns

Axa SA appears to be very steady, given 3 months investment horizon. Axa SA ADR secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had 0.16% of return per unit of standard deviation over the last 3 months. Our philosophy in 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-one technical indicators for Axa SA ADR, which you can use to evaluate the future volatility of the firm. Please makes use of Axa SA's risk adjusted performance of 0.2386, and Mean Deviation of 1.48 to double-check if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Axa SA holds a performance score of 12. The firm shows a Beta (market volatility) of 1.0158, which signifies a somewhat significant risk relative to the market. Let's try to break down what AXAHY's beta means in this case. Axa SA returns are very sensitive to returns on the market. As the market goes up or down, Axa SA is expected to follow. Although it is vital to follow Axa SA ADR historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The philosophy in 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 Axa SA ADR technical indicators, you can presently evaluate if the expected return of 0.33% will be sustainable into the future. Please makes use of Axa SA ADR standard deviation, as well as the relationship between the value at risk and kurtosis to make a quick decision on whether Axa SA price patterns will revert.

Auto-correlation

    
  -0.77  

Almost perfect reverse predictability

Axa SA ADR has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Axa SA time series from 6th of September 2022 to 21st of October 2022 and 21st of October 2022 to 5th 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 Axa SA ADR price movement. The serial correlation of -0.77 indicates that around 77.0% of current Axa SA price fluctuation can be explain by its past prices.
Correlation Coefficient-0.77
Spearman Rank Test-0.65
Residual Average0.0
Price Variance2.33

Axa SA ADR lagged returns against current returns

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

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

Axa SA Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Axa SA 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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Volatility Analysis

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Pair Trading with Axa SA

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 Axa SA 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 Axa SA will appreciate offsetting losses from the drop in the long position's value.

Moving together with Axa SA

+0.85ARESAres Management LP Downward RallyPairCorr
+0.68BGCPBGC Partners Aggressive PushPairCorr
+0.9BLKBlackRock Fiscal Year End 13th of January 2023 PairCorr
The ability to find closely correlated positions to Axa SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Axa SA 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 Axa SA - 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 Axa SA ADR to buy it.
The correlation of Axa SA 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 Axa SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Axa SA ADR 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 Axa SA 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 Axa SA Correlation, Axa SA Volatility and Axa SA Alpha and Beta module to complement your research on Axa SA. Note that the Axa SA ADR information on this page should be used as a complementary analysis to other Axa SA'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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

Complementary Tools for AXAHY OTC Stock analysis

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