AXS 15X Financial Statements From 2010 to 2026
| PYPS Etf | USD 10.81 0.09 0.84% |
Check AXS 15X financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AXS 15X's main balance sheet or income statement drivers, such as , as well as many indicators such as . AXS financial statements analysis is a perfect complement when working with AXS 15X Valuation or Volatility modules.
This module can also supplement various AXS 15X Technical models . Check out the analysis of AXS 15X Correlation against competitors. AXS 15X PYPL ETF Net Asset Analysis
AXS 15X's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current AXS 15X Net Asset | 981.34 K |
Most of AXS 15X's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, AXS 15X PYPL is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, AXS 15X PYPL has a Net Asset of 981.34 K. This is much higher than that of the AXS family and significantly higher than that of the Trading--Inverse Equity category. The net asset for all United States etfs is notably lower than that of the firm.
About AXS 15X Financial Statements
AXS 15X shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although AXS 15X investors may analyze each financial statement separately, they are all interrelated. The changes in AXS 15X's assets and liabilities, for example, are also reflected in the revenues and expenses on on AXS 15X's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Under normal market circumstances, the manager will maintain at least 67 percent exposure to financial instruments that provide one and a half times inverse leveraged exposure to the daily performance of PYPL. Axs 15X is traded on NASDAQ Exchange in the United States.
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Check out the analysis of AXS 15X Correlation against competitors. 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 15X PYPL 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 15X's value that differs from its market value or its book value, called intrinsic value, which is AXS 15X'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 15X's market value can be influenced by many factors that don't directly affect AXS 15X'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 15X's value and its price as these two are different measures arrived at by different means. Investors typically determine if AXS 15X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AXS 15X'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.