Axt Inc Stock Price on July 19, 2024
AXTI Stock | USD 2.17 0.03 1.36% |
If you're considering investing in AXT Stock, it is important to understand the factors that can impact its price. As of today, the current price of AXT stands at 2.17, as last reported on the 1st of January, with the highest price reaching 2.25 and the lowest price hitting 2.09 during the day. AXT Inc secures Sharpe Ratio (or Efficiency) of -0.0135, which signifies that the company had a -0.0135% return per unit of risk over the last 3 months. AXT Inc exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AXT's mean deviation of 3.63, and Risk Adjusted Performance of (0) to double-check the risk estimate we provide.
AXT Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
AXT |
Sharpe Ratio = -0.0135
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Estimated Market Risk
4.81 actual daily | 42 58% of assets are more volatile |
Expected Return
-0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average AXT 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 AXT by adding AXT to a well-diversified portfolio.
Related Headline
Kulicke Headline on 19th of July 2024
Filed transaction by Kulicke and Soffa Director. Grant, award or other acquisition pursuant to Rule 16b-3
AXT Valuation on July 19, 2024
It is possible to determine the worth of AXT on a given historical date. On July 19, 2024 AXT was worth 3.47 at the beginning of the trading date compared to the closed value of 3.35. 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 | |
3.70 | 3.76 | 3.45 | 3.50 | 421,393 | |
07/19/2024 | 3.47 | 3.49 | 3.34 | 3.35 | 177,232 |
3.39 | 3.49 | 3.34 | 3.42 | 241,035 |
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AXT Trading Date Momentum on July 19, 2024
On July 22 2024 AXT Inc was traded for 3.42 at the closing time. The top price for the day was 3.49 and the lowest listed price was 3.34 . The trading volume for the day was 241 K. The trading history from July 22, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 2.09% . The overall trading delta against the current closing price is 2.69% . |
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
AXT, Inc. designs, develops, manufactures, and distributes compound and single element semiconductor substrates. AXT, Inc. was incorporated in 1986 and is headquartered in Fremont, California. Axt operates under Semiconductor Equipment Materials classification in the United States and is traded on NASDAQ Exchange. It employs 1399 people.
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 | January 1, 2025
| 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 January 1, 2025 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) | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.08) | |||
Treynor Ratio | (0.15) |
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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.
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