Axt Inc Stock Beta

AXTI Stock  USD 2.31  0.13  5.96%   
AXT Inc fundamentals help investors to digest information that contributes to AXT's financial success or failures. It also enables traders to predict the movement of AXT Stock. The fundamental analysis module provides a way to measure AXT's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to AXT stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

AXT Inc Company Beta Analysis

AXT's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

 = 

Covariance

Variance

More About Beta | All Equity Analysis

Current AXT Beta

    
  2.22  
Most of AXT's fundamental indicators, such as Beta, 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, AXT Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

AXT Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for AXT is extremely important. It helps to project a fair market value of AXT Stock properly, considering its historical fundamentals such as Beta. Since AXT's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of AXT's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of AXT's interrelated accounts and indicators.
0.910.230.230.720.80.710.960.630.570.87-0.560.75-0.410.90.81-0.290.81-0.320.360.73
0.910.01-0.070.80.820.50.940.420.330.97-0.520.56-0.620.750.77-0.380.59-0.340.190.49
0.230.010.6-0.14-0.060.720.080.760.390.0-0.020.640.230.530.39-0.10.7-0.690.650.73
0.23-0.070.60.080.060.510.070.450.87-0.080.290.560.740.440.33-0.140.5-0.240.210.44
0.720.8-0.140.080.760.350.730.180.50.81-0.220.48-0.270.540.67-0.350.36-0.20.020.18
0.80.82-0.060.060.760.410.810.310.40.82-0.470.48-0.440.530.48-0.260.53-0.03-0.050.34
0.710.50.720.510.350.410.640.980.60.54-0.490.97-0.130.830.78-0.220.95-0.650.760.9
0.960.940.080.070.730.810.640.570.450.91-0.570.65-0.520.820.77-0.310.73-0.220.310.65
0.630.420.760.450.180.310.980.570.480.46-0.510.91-0.170.790.69-0.170.94-0.640.790.93
0.570.330.390.870.50.40.60.450.480.330.070.70.480.680.65-0.160.6-0.270.250.5
0.870.970.0-0.080.810.820.540.910.460.33-0.590.61-0.640.690.77-0.430.59-0.390.190.45
-0.56-0.52-0.020.29-0.22-0.47-0.49-0.57-0.510.07-0.59-0.490.73-0.37-0.360.03-0.490.24-0.43-0.43
0.750.560.640.560.480.480.970.650.910.70.61-0.49-0.080.840.83-0.280.91-0.670.680.82
-0.41-0.620.230.74-0.27-0.44-0.13-0.52-0.170.48-0.640.73-0.08-0.17-0.210.14-0.180.14-0.13-0.17
0.90.750.530.440.540.530.830.820.790.680.69-0.370.84-0.170.91-0.20.88-0.550.620.88
0.810.770.390.330.670.480.780.770.690.650.77-0.360.83-0.210.91-0.250.73-0.690.630.69
-0.29-0.38-0.1-0.14-0.35-0.26-0.22-0.31-0.17-0.16-0.430.03-0.280.14-0.2-0.25-0.260.270.2-0.12
0.810.590.70.50.360.530.950.730.940.60.59-0.490.91-0.180.880.73-0.26-0.530.630.95
-0.32-0.34-0.69-0.24-0.2-0.03-0.65-0.22-0.64-0.27-0.390.24-0.670.14-0.55-0.690.27-0.53-0.67-0.52
0.360.190.650.210.02-0.050.760.310.790.250.19-0.430.68-0.130.620.630.20.63-0.670.74
0.730.490.730.440.180.340.90.650.930.50.45-0.430.82-0.170.880.69-0.120.95-0.520.74
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Competition

In accordance with the recently published financial statements, AXT Inc has a Beta of 2.222. This is 109.62% higher than that of the Semiconductors & Semiconductor Equipment sector and 100.18% higher than that of the Information Technology industry. The beta for all United States stocks is notably lower than that of the firm.

AXT Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses AXT's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of AXT could also be used in its relative valuation, which is a method of valuing AXT by comparing valuation metrics of similar companies.
AXT is currently under evaluation in beta category among its peers.

AXT ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, AXT's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to AXT's managers, analysts, and investors.
Environmental
Governance
Social

AXT Institutional Holders

Institutional Holdings refers to the ownership stake in AXT that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of AXT's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing AXT's value.
Shares
White Pine Capital Llc2024-09-30
663.3 K
Connor Clark & Lunn Inv Mgmt Ltd2024-09-30
606.4 K
D. E. Shaw & Co Lp2024-09-30
510.2 K
Geode Capital Management, Llc2024-09-30
464 K
Morgan Stanley - Brokerage Accounts2024-09-30
455.8 K
Renaissance Technologies Corp2024-09-30
453.3 K
Gsa Capital Partners Llp2024-09-30
301.8 K
Bridgeway Capital Management, Llc2024-09-30
295.8 K
Millennium Management Llc2024-09-30
292.7 K
Vanguard Group Inc2024-09-30
2.3 M
Needham Investment Management, Llc2024-09-30
1.5 M
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, AXT will likely underperform.

AXT Fundamentals

About AXT Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze AXT Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AXT using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AXT Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

When determining whether AXT Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AXT's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Axt Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Axt Inc Stock:
Check out AXT Piotroski F Score and AXT Altman Z Score analysis.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Semiconductors & Semiconductor Equipment space 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 AXT. If investors know AXT 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 AXT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.57)
Earnings Share
(0.23)
Revenue Per Share
2.201
Quarterly Revenue Growth
0.362
Return On Assets
(0.02)
The market value of AXT Inc is measured differently than its book value, which is the value of AXT that is recorded on the company's balance sheet. Investors also form their own opinion of AXT's value that differs from its market value or its book value, called intrinsic value, which is AXT'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 AXT's market value can be influenced by many factors that don't directly affect AXT'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 AXT's value and its price as these two are different measures arrived at by different means. Investors typically determine if AXT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AXT'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.