Axa Equitable Holdings Stock Market Value
| EQH Stock | USD 46.52 1.54 3.42% |
| Symbol | Axa |
Axa Equitable Holdings Price To Book Ratio
Is Diversified Financial Services 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 Axa Equitable. If investors know Axa 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 Axa Equitable 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 (0.40) | Dividend Share 0.22 | Earnings Share (0.91) | Revenue Per Share 32.942 | Quarterly Revenue Growth (0.25) |
The market value of Axa Equitable Holdings is measured differently than its book value, which is the value of Axa that is recorded on the company's balance sheet. Investors also form their own opinion of Axa Equitable's value that differs from its market value or its book value, called intrinsic value, which is Axa Equitable'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 Axa Equitable's market value can be influenced by many factors that don't directly affect Axa Equitable'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 Axa Equitable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Axa Equitable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axa Equitable'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 Equitable '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 Equitable'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 Equitable.
| 10/27/2023 |
| 12/20/2024 |
If you would invest 0.00 in Axa Equitable on October 27, 2023 and sell it all today you would earn a total of 0.00 from holding Axa Equitable Holdings or generate 0.0% return on investment in Axa Equitable over 420 days. Axa Equitable is related to or competes with American International, Arch Capital, Old Republic, Sun Life, Assicurazioni Generali, BB Seguridade, and Allianz SE. Equitable Holdings, Inc., together with its consolidated subsidiaries, operates as a diversified financial services comp... More
Axa Equitable 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 Equitable'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 Equitable Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.49 | |||
| Information Ratio | 0.0618 | |||
| Maximum Drawdown | 18.03 | |||
| Value At Risk | (1.83) | |||
| Potential Upside | 3.12 |
Axa Equitable Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Axa Equitable's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Axa Equitable's standard deviation. In reality, there are many statistical measures that can use Axa Equitable historical prices to predict the future Axa Equitable's volatility.| Risk Adjusted Performance | 0.0669 | |||
| Jensen Alpha | 0.1119 | |||
| Total Risk Alpha | 0.0968 | |||
| Sortino Ratio | 0.0916 | |||
| Treynor Ratio | 0.0754 |
Axa Equitable Holdings Backtested Returns
Axa Equitable is very steady at the moment. Axa Equitable Holdings secures Sharpe Ratio (or Efficiency) of 0.0808, which signifies that the company had a 0.0808% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Axa Equitable Holdings, which you can use to evaluate the volatility of the firm. Please confirm Axa Equitable's mean deviation of 1.25, and Risk Adjusted Performance of 0.0669 to double-check if the risk estimate we provide is consistent with the expected return of 0.18%. Axa Equitable has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 2.1, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Axa Equitable will likely underperform. Axa Equitable Holdings right now shows a risk of 2.24%. Please confirm Axa Equitable Holdings value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to decide if Axa Equitable Holdings will be following its price patterns.
Auto-correlation | 0.77 |
Good predictability
Axa Equitable Holdings has good predictability. Overlapping area represents the amount of predictability between Axa Equitable time series from 27th of October 2023 to 24th of May 2024 and 24th of May 2024 to 20th 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 Equitable Holdings price movement. The serial correlation of 0.77 indicates that around 77.0% of current Axa Equitable price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 9.4 |
Axa Equitable Holdings lagged returns against current returns
Autocorrelation, which is Axa Equitable 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 Equitable's stock expected returns. We can calculate the autocorrelation of Axa Equitable returns to help us make a trade decision. For example, suppose you find that Axa Equitable 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 |
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Axa Equitable 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 Equitable stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Axa Equitable stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Axa Equitable stock over time.
Current vs Lagged Prices |
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Axa Equitable Lagged Returns
When evaluating Axa Equitable's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Axa Equitable stock have on its future price. Axa Equitable 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 Equitable autocorrelation shows the relationship between Axa Equitable stock current value and its past values and can show if there is a momentum factor associated with investing in Axa Equitable Holdings.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether Axa Equitable Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Axa Equitable'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 Axa Equitable Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Axa Equitable Holdings Stock:Check out Axa Equitable Correlation, Axa Equitable Volatility and Axa Equitable Alpha and Beta module to complement your research on Axa Equitable. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Axa Equitable 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.