Axonic Strategic Bond Positions Weight vs. Annual Yield
| AXSAX Etf | USD 8.87 0.01 0.11% |
For Axonic Strategic profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Axonic Strategic to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Axonic Strategic Income utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Axonic Strategic's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Axonic Strategic Income over time as well as its relative position and ranking within its peers.
Axonic |
The market value of Axonic Strategic Income is measured differently than its book value, which is the value of Axonic that is recorded on the company's balance sheet. Investors also form their own opinion of Axonic Strategic's value that differs from its market value or its book value, called intrinsic value, which is Axonic Strategic'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 Axonic Strategic's market value can be influenced by many factors that don't directly affect Axonic Strategic'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 Axonic Strategic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Axonic Strategic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axonic Strategic'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.
Axonic Strategic Income Annual Yield vs. Bond Positions Weight Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Axonic Strategic's current stock value. Our valuation model uses many indicators to compare Axonic Strategic value to that of its competitors to determine the firm's financial worth. Axonic Strategic Income is fourth largest ETF in bond positions weight as compared to similar ETFs. It is rated below average in annual yield as compared to similar ETFs fabricating about 0.04 of Annual Yield per Bond Positions Weight. The ratio of Bond Positions Weight to Annual Yield for Axonic Strategic Income is roughly 24.38 . 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 Axonic Strategic's earnings, one of the primary drivers of an investment's value.Axonic Annual Yield vs. Bond Positions Weight
Percentage of fund asset invested in fixed income securities. About 30% of U.S. mutual funds invest in bonds.
Axonic Strategic |
| = | 1.98 % |
Funds that have over 60% of asset value invested in bonds or or other fixed income securities would usually attract conservative investors.
Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
Axonic Strategic |
| = | 0.08 % |
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
Axonic Annual Yield Comparison
Axonic Strategic is rated below average in annual yield as compared to similar ETFs.
Axonic Strategic Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Axonic Strategic, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Axonic Strategic will eventually generate negative long term returns. The profitability progress is the general direction of Axonic Strategic's change in net profit over the period of time. It can combine multiple indicators of Axonic Strategic, 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.
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.
Axonic Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Axonic Strategic. 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 Axonic Strategic 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 Axonic Strategic's important profitability drivers and their relationship over time.
Use Axonic Strategic 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 Axonic Strategic 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 Axonic Strategic will appreciate offsetting losses from the drop in the long position's value.Axonic Strategic Pair Trading
Axonic Strategic Income Pair Trading Analysis
The ability to find closely correlated positions to Axonic Strategic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Axonic Strategic 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 Axonic Strategic - 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 Axonic Strategic Income to buy it.
The correlation of Axonic Strategic 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 Axonic Strategic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Axonic Strategic Income 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 Axonic Strategic 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.Use Investing Themes to Complement your Axonic Strategic position
In addition to having Axonic Strategic 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.Did You Try This Idea?
Run Artificial Intelligence Thematic Idea Now
Artificial Intelligence
Technology companies, funds, and ETFs across multiple industries that are involved in research or development in the field of reasoning, learning, natural language processing and perception as well as its application to science and commerce. This theme may also include entities involved in cybernetics and cognitive brain simulation field. The Artificial Intelligence theme has 42 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 Artificial Intelligence Theme or any other thematic opportunities.
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Other Information on Investing in Axonic Etf
To fully project Axonic Strategic's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Axonic Strategic Income 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 Axonic Strategic's income statement, its balance sheet, and the statement of cash flows.