Axos Financial Stock Probability of Future Stock Price Finishing Under 67.72
| AX Stock | USD 84.66 2.54 3.09% |
Axos |
Axos Financial Target Price Odds to finish below 67.72
The tendency of Axos Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 67.72 or more in 90 days |
| 84.66 | 90 days | 67.72 | about 49.03 |
Based on a normal probability distribution, the odds of Axos Financial to drop to $ 67.72 or more in 90 days from now is about 49.03 (This Axos Financial probability density function shows the probability of Axos Stock to fall within a particular range of prices over 90 days) . Probability of Axos Financial price to stay between $ 67.72 and its current price of $84.66 at the end of the 90-day period is about 50.17 .
Allowing for the 90-day total investment horizon the stock has the beta coefficient of 3.13 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Axos Financial will likely underperform. Additionally Axos Financial has an alpha of 0.1028, implying that it can generate a 0.1 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Axos Financial Price Density |
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Predictive Modules for Axos Financial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Axos Financial. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Axos Financial's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Axos Financial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Axos Financial is not an exception. The market had few large corrections towards the Axos Financial's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Axos Financial, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Axos Financial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.10 | |
β | Beta against Dow Jones | 3.13 | |
σ | Overall volatility | 6.77 | |
Ir | Information ratio | 0.09 |
Axos Financial Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Axos Financial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Axos Financial can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Axos Financial had very high historical volatility over the last 90 days | |
| Axos Financial is unlikely to experience financial distress in the next 2 years | |
| Over 86.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from gurufocus.com: Axos Financial Inc Trading 3.92 percent Higher on Nov 21 |
Axos Financial Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Axos Stock often depends not only on the future outlook of the current and potential Axos Financial's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Axos Financial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 58.7 M | |
| Cash And Short Term Investments | 2.1 B |
Axos Financial Technical Analysis
Axos Financial's future price can be derived by breaking down and analyzing its technical indicators over time. Axos Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Axos Financial. In general, you should focus on analyzing Axos Stock price patterns and their correlations with different microeconomic environments and drivers.
Axos Financial Predictive Forecast Models
Axos Financial's time-series forecasting models is one of many Axos Financial's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Axos Financial's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Axos Financial
Checking the ongoing alerts about Axos Financial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Axos Financial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Axos Financial had very high historical volatility over the last 90 days | |
| Axos Financial is unlikely to experience financial distress in the next 2 years | |
| Over 86.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from gurufocus.com: Axos Financial Inc Trading 3.92 percent Higher on Nov 21 |
Additional Tools for Axos Stock Analysis
When running Axos Financial's price analysis, check to measure Axos Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Axos Financial is operating at the current time. Most of Axos Financial's value examination focuses on studying past and present price action to predict the probability of Axos Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axos Financial's price. Additionally, you may evaluate how the addition of Axos Financial to your portfolios can decrease your overall portfolio volatility.