Axs 2x Innovation Etf Performance
| TARK Etf | USD 33.65 1.98 6.25% |
The etf shows a Beta (market volatility) of -0.62, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning AXS 2X are expected to decrease at a much lower rate. During the bear market, AXS 2X is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days AXS 2X Innovation has generated negative risk-adjusted returns adding no value to investors with long positions. Despite conflicting performance in the last few months, the Etf's basic indicators remain quite persistent which may send shares a bit higher in April 2025. The latest mess may also be a sign of long-standing up-swing for the ETF venture institutional investors. ...more
1 | Long Term Trading Analysis for - Stock Traders Daily | 01/17/2025 |
AXS |
AXS 2X Relative Risk vs. Return Landscape
If you would invest 4,764 in AXS 2X Innovation on December 22, 2024 and sell it today you would lose (1,399) from holding AXS 2X Innovation or give up 29.37% of portfolio value over 90 days. AXS 2X Innovation is currently does not generate positive expected returns and assumes 5.6506% risk (volatility on return distribution) over the 90 days horizon. In different words, 50% of etfs are less volatile than AXS, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
AXS 2X Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for AXS 2X's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as AXS 2X Innovation, and traders can use it to determine the average amount a AXS 2X'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 = -0.0737
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| Negative Returns | TARK |
Estimated Market Risk
| 5.65 actual daily | 50 50% of assets are less volatile |
Expected Return
| -0.42 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average AXS 2X is not performing at its full potential. However, 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 AXS 2X by adding AXS 2X to a well-diversified portfolio.
AXS 2X Fundamentals Growth
AXS Etf prices reflect investors' perceptions of the future prospects and financial health of AXS 2X, and AXS 2X 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 AXS Etf performance.
| Total Asset | 48.98 M | |||
About AXS 2X Performance
By examining AXS 2X's fundamental ratios, stakeholders can obtain critical insights into AXS 2X's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that AXS 2X is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The fund will enter into one or more swap agreements with major global financial institutions for a specified period ranging from a day to more than one year whereby the fund and the global financial institution will agree to exchange the return earned or realized on the ARK Innovation ETF. Axs 2X is traded on NASDAQ Exchange in the United States.| AXS 2X Innovation generated a negative expected return over the last 90 days | |
| AXS 2X Innovation has high historical volatility and very poor performance | |
| The fund maintains all of the assets in different exotic instruments |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in AXS 2X Innovation. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
The market value of AXS 2X Innovation is measured differently than its book value, which is the value of AXS that is recorded on the company's balance sheet. Investors also form their own opinion of AXS 2X's value that differs from its market value or its book value, called intrinsic value, which is AXS 2X'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 AXS 2X's market value can be influenced by many factors that don't directly affect AXS 2X'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 AXS 2X's value and its price as these two are different measures arrived at by different means. Investors typically determine if AXS 2X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AXS 2X'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.