Axs Adaptive Plus Fund Price on December 2, 2024
AXSPX Fund | USD 11.41 0.01 0.09% |
If you're considering investing in Axs Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Axs Adaptive stands at 11.41, as last reported on the 22nd of December, with the highest price reaching 11.41 and the lowest price hitting 11.41 during the day. Axs Adaptive Plus secures Sharpe Ratio (or Efficiency) of -0.0754, which signifies that the fund had a -0.0754% return per unit of risk over the last 3 months. Axs Adaptive Plus exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Axs Adaptive's Risk Adjusted Performance of (0.06), standard deviation of 0.6201, and Mean Deviation of 0.2961 to double-check the risk estimate we provide.
Axs Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Axs |
Sharpe Ratio = -0.0754
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Negative Returns | AXSPX |
Estimated Market Risk
0.62 actual daily | 5 95% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Axs Adaptive is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Axs Adaptive by adding Axs Adaptive to a well-diversified portfolio.
Axs Adaptive Valuation on December 2, 2024
It is possible to determine the worth of Axs Adaptive on a given historical date. On December 2, 2024 Axs was worth 11.59 at the beginning of the trading date compared to the closed value of 11.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Axs Adaptive mutual fund. Still, in general, we apply an absolute valuation method to find Axs Adaptive's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Axs Adaptive where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Axs Adaptive's related companies.
Open | High | Low | Close | Volume | |
11.57 | 11.57 | 11.57 | 11.57 | 1.00 | |
12/02/2024 | 11.59 | 11.59 | 11.59 | 11.59 | 1.00 |
11.62 | 11.62 | 11.62 | 11.62 | 1.00 |
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Axs Adaptive Trading Date Momentum on December 2, 2024
On December 03 2024 Axs Adaptive Plus was traded for 11.62 at the closing time. The highest daily price throughout the period was 11.62 and the lowest price was 11.62 . There was no trading activity during the period 1.0. Lack of trading volume on 12/03/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.26% . The overall trading delta to current closing price is 2.33% . |
Axs Adaptive Plus Fundamentals Correlations and Trends
By evaluating Axs Adaptive's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Axs Adaptive's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Axs financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Axs Adaptive Mutual Fund history
Axs Adaptive investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Axs is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Axs Adaptive Plus will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Axs Adaptive stock prices may prove useful in developing a viable investing in Axs Adaptive
Under normal market conditions, the fund seeks to achieve its investment objective by investing in equity-linked call options or swaps that provide exposure to the ProfitScore Capital Management, Inc. trading program which is designed to produce the returns of the ProfitScore Regime-Adaptive LongShort Equity Index. It is non-diversified.
Axs Adaptive Mutual Fund Technical Analysis
Axs Adaptive technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Axs Adaptive Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Axs Adaptive Plus cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Axs Adaptive December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Axs Adaptive mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Axs Adaptive shares will generate the highest return on investment. By undertsting and applying Axs Adaptive mutual fund market strength indicators, traders can identify Axs Adaptive Plus entry and exit signals to maximize returns
Axs Adaptive Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Axs Adaptive's price direction in advance. Along with the technical and fundamental analysis of Axs Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Axs to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.06) | |||
Jensen Alpha | (0.06) | |||
Total Risk Alpha | (0.07) | |||
Treynor Ratio | (0.37) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in Axs Mutual Fund
Axs Adaptive financial ratios help investors to determine whether Axs Mutual Fund 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 Axs with respect to the benefits of owning Axs Adaptive security.
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