Axt Inc Stock Price on June 5, 2024
| AXTI Stock | USD 2.18 0.06 2.83% |
Below is the normalized historical share price chart for AXT Inc extending back to May 21, 1998. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of AXT stands at 2.18, as last reported on the 21st of December, with the highest price reaching 2.25 and the lowest price hitting 2.07 during the day.
If you're considering investing in AXT Stock, it is important to understand the factors that can impact its price. AXT appears to be very risky, given 3 months investment horizon. AXT Inc secures Sharpe Ratio (or Efficiency) of 0.0515, which signifies that the company had a 0.0515% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for AXT Inc, which you can use to evaluate the volatility of the firm. Please makes use of AXT's risk adjusted performance of 0.0296, and Mean Deviation of 4.0 to double-check if our risk estimates are consistent with your expectations.
As of now, AXT's Stock Based Compensation is increasing as compared to previous years. Issuance Of Capital Stock is expected to grow at the current pace this year, while Total Stockholder Equity is projected to decrease to under 147.9 M. . As of now, AXT's Price To Sales Ratio is increasing as compared to previous years. The AXT's current Price Earnings To Growth Ratio is estimated to increase to 0.03, while Price Earnings Ratio is forecasted to increase to (5.44). AXT Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 21st of May 1998 | 200 Day MA 3.024 | 50 Day MA 2.2382 | Beta 2.222 |
AXT |
Sharpe Ratio = 0.0515
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | AXTI | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.43 actual daily | 48 52% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average AXT is performing at about 4% of its full potential. 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 AXT by adding it to a well-diversified portfolio.
Price Book 0.4947 | Enterprise Value Ebitda 72.9249 | Price Sales 1.0303 | Shares Float 40.1 M | Wall Street Target Price 5.2 |
Related Headline
Cohu Headline on 5th of June 2024
Acquisition by Richardson Nina of 4918 shares of Cohu subjec... by Richardson Nina
Filed transaction by Cohu Inc Director. Grant, award or other acquisition pursuant to Rule 16b-3(d)
AXT Valuation on June 5, 2024
It is possible to determine the worth of AXT on a given historical date. On June 5, 2024 AXT was worth 3.36 at the beginning of the trading date compared to the closed value of 3.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AXT stock. Still, in general, we apply an absolute valuation method to find AXT'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 AXT where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AXT's related companies.
| Open | High | Low | Close | Volume | |
| 3.51 | 3.53 | 3.31 | 3.32 | 481,287 | |
06/05/2024 | 3.36 | 3.55 | 3.36 | 3.53 | 193,755 |
| 3.52 | 3.61 | 3.50 | 3.60 | 153,565 |
| Backtest AXT | | | AXT History | | | AXT Valuation | Previous | Next |
AXT Trading Date Momentum on June 5, 2024
| On June 06 2024 AXT Inc was traded for 3.60 at the closing time. The top price for the day was 3.61 and the lowest listed price was 3.50 . The trading volume for the day was 153.6 K. The trading history from June 6, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 1.98% . The overall trading delta against the current closing price is 1.70% . |
AXT Inc Fundamentals Correlations and Trends
By evaluating AXT'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 AXT's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AXT financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AXT Stock history
AXT 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 AXT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AXT Inc 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 AXT stock prices may prove useful in developing a viable investing in AXT
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 42.6 M | 34 M | |
| Net Income Applicable To Common Shares | 14.2 M | 14.9 M |
AXT Quarterly Net Working Capital |
|
AXT Stock Technical Analysis
AXT 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.
Price Boundaries
AXT Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
AXT Inc cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
AXT December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how AXT stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AXT shares will generate the highest return on investment. By undertsting and applying AXT stock market strength indicators, traders can identify AXT Inc entry and exit signals to maximize returns
AXT Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AXT's price direction in advance. Along with the technical and fundamental analysis of AXT Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of AXT 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 | 0.0296 | |||
| Jensen Alpha | 0.0982 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0212 | |||
| Treynor Ratio | 0.0837 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for AXT Stock analysis
When running AXT's price analysis, check to measure AXT'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 AXT is operating at the current time. Most of AXT's value examination focuses on studying past and present price action to predict the probability of AXT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AXT's price. Additionally, you may evaluate how the addition of AXT to your portfolios can decrease your overall portfolio volatility.
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |