AXA SA Cash Per Share vs. Price To Book

AXAA Stock  EUR 33.40  0.40  1.21%   
Based on the key profitability measurements obtained from AXA SA's financial statements, AXA SA may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess AXA SA's ability to earn profits and add value for shareholders.
For AXA SA profitability analysis, we use financial ratios and fundamental drivers that measure the ability of AXA SA to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well AXA SA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between AXA SA's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of AXA SA over time as well as its relative position and ranking within its peers.
  
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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 Price To Book vs. Cash Per Share Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining AXA SA's current stock value. Our valuation model uses many indicators to compare AXA SA value to that of its competitors to determine the firm's financial worth.
AXA SA is rated below average in cash per share category among its peers. It is rated fifth in price to book category among its peers fabricating about  0.11  of Price To Book per Cash Per Share. The ratio of Cash Per Share to Price To Book for AXA SA is roughly  9.24 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the AXA SA's earnings, one of the primary drivers of an investment's value.

AXA Price To Book vs. Cash Per Share

Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

AXA SA

Cash Per Share

 = 

Total Cash

Average Shares

 = 
11.22 X
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

AXA SA

P/B

 = 

MV Per Share

BV Per Share

 = 
1.21 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.

AXA Price To Book Comparison

AXA SA is rated fourth in price to book category among its peers.

AXA SA Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in AXA SA, profitability is also one of the essential criteria for including it into their portfolios because, without profit, AXA SA will eventually generate negative long term returns. The profitability progress is the general direction of AXA SA's change in net profit over the period of time. It can combine multiple indicators of AXA SA, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
AXA SA, through its subsidiaries, provides insurance and asset management services worldwide. The company was founded in 1852 and is headquartered in Paris, France. AXA UAP is traded on Frankfurt Stock Exchange in Germany.

AXA Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on AXA SA. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of AXA SA position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the AXA SA's important profitability drivers and their relationship over time.

Use AXA SA in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AXA SA position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AXA SA will appreciate offsetting losses from the drop in the long position's value.

AXA SA Pair Trading

AXA SA Pair Trading Analysis

The ability to find closely correlated positions to AXA SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AXA SA when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AXA SA - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AXA SA to buy it.
The correlation of AXA SA is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AXA SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AXA SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AXA SA can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your AXA SA position

In addition to having AXA SA in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Investor Favorites
Investor Favorites Theme
Macroaxis most traded equities with largest long positions over the last 2 years. The Investor Favorites theme has 21 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Investor Favorites Theme or any other thematic opportunities.
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Other Information on Investing in AXA Stock

To fully project AXA SA's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of AXA SA at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include AXA SA's income statement, its balance sheet, and the statement of cash flows.
Potential AXA SA investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although AXA SA investors may work on each financial statement separately, they are all related. The changes in AXA SA's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on AXA SA's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.