AXA SA (Germany) Market Value

AXAA Stock  EUR 33.40  0.40  1.21%   
AXA SA's market value is the price at which a share of AXA SA trades on a public exchange. It measures the collective expectations of AXA SA investors about its performance. AXA SA is trading at 33.40 as of the 22nd of December 2024. This is a 1.21% up since the beginning of the trading day. The stock's lowest day price was 32.6.
With this module, you can estimate the performance of a buy and hold strategy of AXA SA and determine expected loss or profit from investing in AXA SA over a given investment horizon. Check out AXA SA Correlation, AXA SA Volatility and AXA SA Alpha and Beta module to complement your research on AXA SA.
Symbol

Please note, there is a significant difference between AXA SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if AXA SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AXA SA'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.

AXA SA '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 AXA SA'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 AXA SA.
0.00
11/22/2024
No Change 0.00  0.0 
In 31 days
12/22/2024
0.00
If you would invest  0.00  in AXA SA on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding AXA SA or generate 0.0% return on investment in AXA SA over 30 days. AXA SA is related to or competes with Allianz SE, ALLIANZ SE, ASSGENERALI ADR, Principal Financial, Equitable Holdings, and NN Group. AXA SA, through its subsidiaries, provides insurance and asset management services worldwide More

AXA SA 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 AXA SA'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 AXA SA upside and downside potential and time the market with a certain degree of confidence.

AXA SA Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for AXA SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AXA SA's standard deviation. In reality, there are many statistical measures that can use AXA SA historical prices to predict the future AXA SA's volatility.
Hype
Prediction
LowEstimatedHigh
31.7733.4035.03
Details
Intrinsic
Valuation
LowRealHigh
31.7233.3534.98
Details
Naive
Forecast
LowNextHigh
31.4933.1234.76
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
31.5932.9534.31
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as AXA SA. Your research has to be compared to or analyzed against AXA SA's peers to derive any actionable benefits. When done correctly, AXA SA's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in AXA SA.

AXA SA Backtested Returns

AXA SA retains Efficiency (Sharpe Ratio) of -0.051, which signifies that the company had a -0.051% return per unit of risk over the last 3 months. AXA SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AXA SA's variance of 2.77, and Market Risk Adjusted Performance of (0.22) to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.33, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, AXA SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding AXA SA is expected to be smaller as well. At this point, AXA SA has a negative expected return of -0.0834%. Please make sure to confirm AXA SA's market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if AXA SA performance from the past will be repeated in the future.

Auto-correlation

    
  0.27  

Poor predictability

AXA SA has poor predictability. Overlapping area represents the amount of predictability between AXA SA time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 to 22nd 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 AXA SA price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current AXA SA price fluctuation can be explain by its past prices.
Correlation Coefficient0.27
Spearman Rank Test-0.45
Residual Average0.0
Price Variance0.04

AXA SA lagged returns against current returns

Autocorrelation, which is AXA SA 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 AXA SA's stock expected returns. We can calculate the autocorrelation of AXA SA returns to help us make a trade decision. For example, suppose you find that AXA SA 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  

AXA SA 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 AXA SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AXA SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AXA SA stock over time.
   Current vs Lagged Prices   
       Timeline  

AXA SA Lagged Returns

When evaluating AXA SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AXA SA stock have on its future price. AXA SA 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, AXA SA autocorrelation shows the relationship between AXA SA stock current value and its past values and can show if there is a momentum factor associated with investing in AXA SA.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in AXA Stock

AXA SA financial ratios help investors to determine whether AXA Stock 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 AXA with respect to the benefits of owning AXA SA security.