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AXSAX Etf | USD 8.77 0.01 0.11% |
Slightly above 55% of Axonic Strategic's investor base is interested to short. The analysis of the overall prospects from investing in Axonic Strategic Income suggests that many traders are, at the present time, impartial. Axonic Strategic's investing sentiment can be driven by a variety of factors including economic data, Axonic Strategic's earnings reports, geopolitical events, and overall market trends.
Axonic |
Silver ETFs outperform gold in the last one year Should you invest in the white metal now CNBCTV18
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Axonic Strategic Fundamental Analysis
We analyze Axonic Strategic's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Axonic Strategic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Axonic Strategic based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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.
Price To Book
Price To Book Comparative Analysis
Axonic Strategic is third largest ETF in price to book as compared to similar ETFs. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Axonic Strategic Income Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Axonic Strategic etf to make a market-neutral strategy. Peer analysis of Axonic Strategic could also be used in its relative valuation, which is a method of valuing Axonic Strategic by comparing valuation metrics with similar companies.
Peers
Axonic Strategic Related Equities
MAGS | Roundhill Magnificent | 1.82 | ||||
JMID | Janus Henderson | 1.59 | ||||
ANEW | ProShares MSCI | 1.51 | ||||
FQAL | Fidelity Quality | 0.84 | ||||
AVLV | American Century | 0.84 | ||||
XBJA | Innovator ETFs | 0.48 | ||||
AXSAX | Axonic Strategic | 0.11 | ||||
AXSIX | Axonic Strategic | 0.11 | ||||
DECO | SPDR Galaxy | 0.37 | ||||
EFZ | ProShares Short | 0.42 |
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.