Axcella Stock Market Value

AXLA
 Stock
  

USD 2.34  0.01  0.43%   

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


Is Axcella Health'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 Axcella Health. If investors know Axcella 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 Axcella Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
123.6 M
Return On Assets
-0.5
Return On Equity
-1.5
The market value of Axcella Health is measured differently than its book value, which is the value of Axcella that is recorded on the company's balance sheet. Investors also form their own opinion of Axcella Health's value that differs from its market value or its book value, called intrinsic value, which is Axcella Health'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 Axcella Health's market value can be influenced by many factors that don't directly affect Axcella Health'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 Axcella Health's value and its price as these two are different measures arrived at by different means. Investors typically determine Axcella Health value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axcella Health'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.

Axcella Health '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 Axcella Health'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 Axcella Health.
0.00
08/22/2020
No Change 0.00  0.0 
In 1 year 11 months and 21 days
08/12/2022
0.00
If you would invest  0.00  in Axcella Health on August 22, 2020 and sell it all today you would earn a total of 0.00 from holding Axcella Health or generate 0.0% return on investment in Axcella Health over 720 days. Axcella Health is related to or competes with KE Holdings, and Regeneron Pharmaceuticals. Axcella Health Inc. operates as a clinical stage biotechnology company in the United StatesMore

Axcella Health 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 Axcella Health'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 Axcella Health upside and downside potential and time the market with a certain degree of confidence.

Axcella Health Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Axcella Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Axcella Health's standard deviation. In reality, there are many statistical measures that can use Axcella Health historical prices to predict the future Axcella Health's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Axcella Health'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 Axcella Health in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.132.509.60
Details
Intrinsic
Valuation
LowReal ValueHigh
0.285.6012.70
Details
Naive
Forecast
LowNext ValueHigh
0.049652.489.58
Details
8 Analysts
Consensus
LowTarget PriceHigh
10.0015.7128.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Axcella Health. Your research has to be compared to or analyzed against Axcella Health's peers to derive any actionable benefits. When done correctly, Axcella Health'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 Axcella Health.

Axcella Health Backtested Returns

Axcella Health is risky given 3 months investment horizon. Axcella Health secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had 0.15% of return per unit of standard deviation over the last 3 months. Our philosophy in foreseeing the risk of a stock is to use both market data as well as company specific technical data. We were able to break down and interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.04% are justified by taking the suggested risk. Use Axcella Health risk adjusted performance of 0.1329, and Mean Deviation of 4.82 to evaluate company specific risk that cannot be diversified away.
Axcella Health holds a performance score of 11 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 1.3122, which signifies a somewhat significant risk relative to the market. Let's try to break down what Axcella'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, Axcella Health will likely underperform. Although it is vital to follow Axcella Health historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. Our philosophy in foreseeing future performance of any stock is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators. To evaluate if Axcella Health expected return of 1.04 will be sustainable into the future, we have found twenty-eight different technical indicators, which can help you to check if the expected returns are sustainable. Use Axcella Health sortino ratio, semi variance, and the relationship between the information ratio and value at risk to analyze future returns on Axcella Health.

Auto-correlation

    
  0.13  

Insignificant predictability

Axcella Health has insignificant predictability. Overlapping area represents the amount of predictability between Axcella Health time series from 22nd of August 2020 to 17th of August 2021 and 17th of August 2021 to 12th of August 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 Axcella Health price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Axcella Health price fluctuation can be explain by its past prices.
Correlation Coefficient0.13
Spearman Rank Test0.16
Residual Average0.0
Price Variance0.33

Axcella Health lagged returns against current returns

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

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

Axcella Health Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Axcella Health 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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Pair Trading with Axcella Health

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 Axcella Health 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 Axcella Health will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Axcella Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Axcella Health 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 Axcella Health - 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 Axcella Health to buy it.
The correlation of Axcella Health 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 Axcella Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Axcella Health 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 Axcella Health 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 Axcella Health Hype Analysis, Axcella Health Correlation, Axcella Health Valuation, Axcella Health Volatility, as well as analyze Axcella Health Alpha and Beta and Axcella Health Performance. Note that the Axcella Health information on this page should be used as a complementary analysis to other Axcella Health'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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When running Axcella Health price analysis, check to measure Axcella Health'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 Axcella Health is operating at the current time. Most of Axcella Health's value examination focuses on studying past and present price action to predict the probability of Axcella Health's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Axcella Health's price. Additionally, you may evaluate how the addition of Axcella Health to your portfolios can decrease your overall portfolio volatility.
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Axcella Health 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 Axcella Health technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Axcella Health 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...