Axonic Strategic Financial Statements From 2010 to 2024
| AXSAX Etf | USD 8.87 0.01 0.11% |
Check Axonic Strategic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Axonic Strategic's main balance sheet or income statement drivers, such as , as well as many indicators such as . Axonic financial statements analysis is a perfect complement when working with Axonic Strategic Valuation or Volatility modules.
Axonic |
Axonic Strategic Income ETF Price To Earning Analysis
Axonic Strategic's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Axonic Strategic Price To Earning | 13.92 X |
Most of Axonic Strategic's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Axonic Strategic Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, Axonic Strategic Income has a Price To Earning of 13.92 times. This is much higher than that of the Axonic family and significantly higher than that of the Multisector Bond category. The price to earning for all United States etfs is notably lower than that of the firm.
Axonic Strategic Income Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Axonic Strategic's current stock value. Our valuation model uses many indicators to compare Axonic Strategic value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Axonic Strategic competition to find correlations between indicators driving Axonic Strategic's intrinsic value. More Info.Axonic Strategic Income is third largest ETF in price to earning as compared to similar ETFs. It also is third largest ETF in price to book as compared to similar ETFs fabricating about 0.10 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Axonic Strategic Income is roughly 10.16 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Axonic Strategic's earnings, one of the primary drivers of an investment's value.About Axonic Strategic Financial Statements
Axonic Strategic investors use historical fundamental indicators, such as Axonic Strategic's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Axonic Strategic. Please read more on our technical analysis and fundamental analysis pages.
In pursuing its investment objective, the fund seeks to maximize risk-adjusted total returns by investing primarily in income-producing instruments . It also may invest in real estate investment trusts , equity securities of companies whose business is substantially related to the mortgage business, and mortgage derivatives such as stripped RMBS and inverse floaters.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Axonic Etf
Axonic Strategic financial ratios help investors to determine whether Axonic Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Axonic with respect to the benefits of owning Axonic Strategic security.