Axonic Strategic Income Etf Performance
| AXSAX Etf | USD 8.81 0.01 0.11% |
The etf shows a Beta (market volatility) of 0.0095, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Axonic Strategic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Axonic Strategic is expected to be smaller as well.
Risk-Adjusted Performance
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Axonic Strategic Income are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. In spite of fairly strong basic indicators, Axonic Strategic is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Axonic |
Axonic Strategic Relative Risk vs. Return Landscape
If you would invest 863.00 in Axonic Strategic Income on December 21, 2024 and sell it today you would earn a total of 18.00 from holding Axonic Strategic Income or generate 2.09% return on investment over 90 days. Axonic Strategic Income is currently producing 0.0345% returns and takes up 0.1558% volatility of returns over 90 trading days. Put another way, 1% of traded etfs are less volatile than Axonic, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Axonic Strategic Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Axonic Strategic's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Axonic Strategic Income, and traders can use it to determine the average amount a Axonic Strategic's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2217
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | AXSAX |
Estimated Market Risk
| 0.16 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Axonic Strategic is performing at about 17% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Axonic Strategic by adding it to a well-diversified portfolio.
Axonic Strategic Fundamentals Growth
Axonic Etf prices reflect investors' perceptions of the future prospects and financial health of Axonic Strategic, and Axonic Strategic fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Axonic Etf performance.
| Price To Earning | 13.92 X | ||||
| Price To Book | 1.37 X | ||||
| Price To Sales | 0.60 X | ||||
| Total Asset | 1.43 B | ||||
About Axonic Strategic Performance
Evaluating Axonic Strategic's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Axonic Strategic has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Axonic Strategic has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
In pursuing its investment objective, the fund seeks to maximize risk-adjusted total returns by investing primarily in income-producing instruments . Axonic Strategic is traded on NASDAQ Exchange in the United States.| The fund holds about 20.55% of its assets under management (AUM) in cash |
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.