Axway Software (Germany) Market Value
| 1XV Stock | 27.50 0.00 0.00% |
| Symbol | Axway |
Axway Software 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Axway Software's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Axway Software.
| 05/06/2024 |
| 12/02/2024 |
If you would invest 0.00 in Axway Software on May 6, 2024 and sell it all today you would earn a total of 0.00 from holding Axway Software SA or generate 0.0% return on investment in Axway Software over 210 days. Axway Software is related to or competes with Salesforce, Rocket Internet, Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, and Talanx AG. More
Axway Software Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Axway Software's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Axway Software SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9689 | |||
| Information Ratio | 0.1735 | |||
| Maximum Drawdown | 5.8 | |||
| Value At Risk | (1.23) | |||
| Potential Upside | 1.79 |
Axway Software Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Axway Software's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Axway Software's standard deviation. In reality, there are many statistical measures that can use Axway Software historical prices to predict the future Axway Software's volatility.| Risk Adjusted Performance | 0.2412 | |||
| Jensen Alpha | 0.3114 | |||
| Total Risk Alpha | 0.1341 | |||
| Sortino Ratio | 0.1772 | |||
| Treynor Ratio | (3.17) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Axway Software's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Axway Software SA Backtested Returns
Axway Software appears to be very steady, given 3 months investment horizon. Axway Software SA secures Sharpe Ratio (or Efficiency) of 0.3, which signifies that the company had a 0.3% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Axway Software SA, which you can use to evaluate the volatility of the firm. Please makes use of Axway Software's Downside Deviation of 0.9689, risk adjusted performance of 0.2412, and Mean Deviation of 0.7336 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Axway Software holds a performance score of 23. The firm shows a Beta (market volatility) of -0.0945, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Axway Software are expected to decrease at a much lower rate. During the bear market, Axway Software is likely to outperform the market. Please check Axway Software's treynor ratio, as well as the relationship between the downside variance and kurtosis , to make a quick decision on whether Axway Software's price patterns will revert.
Auto-correlation | -0.4 |
Poor reverse predictability
Axway Software SA has poor reverse predictability. Overlapping area represents the amount of predictability between Axway Software time series from 6th of May 2024 to 19th of August 2024 and 19th of August 2024 to 2nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Axway Software SA price movement. The serial correlation of -0.4 indicates that just about 40.0% of current Axway Software price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 4.52 |
Axway Software SA lagged returns against current returns
Autocorrelation, which is Axway Software stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Axway Software's stock expected returns. We can calculate the autocorrelation of Axway Software returns to help us make a trade decision. For example, suppose you find that Axway Software has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Axway Software regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Axway Software stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Axway Software stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Axway Software stock over time.
Current vs Lagged Prices |
| Timeline |
Axway Software Lagged Returns
When evaluating Axway Software's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Axway Software stock have on its future price. Axway Software autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Axway Software autocorrelation shows the relationship between Axway Software stock current value and its past values and can show if there is a momentum factor associated with investing in Axway Software SA.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Axway Stock Analysis
When running Axway Software's price analysis, check to measure Axway Software'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 Axway Software is operating at the current time. Most of Axway Software's value examination focuses on studying past and present price action to predict the probability of Axway Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axway Software's price. Additionally, you may evaluate how the addition of Axway Software to your portfolios can decrease your overall portfolio volatility.