Axonics Stock Forecast - Accumulation Distribution
| 0I3 Stock | EUR 63.50 0.00 0.00% |
Axonics Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Axonics' historical fundamentals, such as revenue growth or operating cash flow patterns.
Axonics |
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 0.0407 | 0.28 |
| Check Axonics Volatility | Backtest Axonics | Trend Details |
Axonics Trading Date Momentum
| On September 25 2024 Axonics was traded for 58.50 at the closing time. The highest daily price throughout the period was 61.00 and the lowest price was 58.50 . The daily volume was 5.0. The net trading volume on 09/25/2024 added to the next day price rise. The daily price change to closing price of the next trading day was 0.86% . The overall trading delta to current closing price is 5.17% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Axonics Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Axonics stock to make a market-neutral strategy. Peer analysis of Axonics could also be used in its relative valuation, which is a method of valuing Axonics by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Axonics Market Strength Events
Market strength indicators help investors to evaluate how Axonics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Axonics shares will generate the highest return on investment. By undertsting and applying Axonics stock market strength indicators, traders can identify Axonics entry and exit signals to maximize returns.
Axonics Risk Indicators
The analysis of Axonics' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Axonics' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting axonics stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.18 | |||
| Semi Deviation | 1.71 | |||
| Standard Deviation | 2.1 | |||
| Variance | 4.39 | |||
| Downside Variance | 11.47 | |||
| Semi Variance | 2.92 | |||
| Expected Short fall | (2.08) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Currently Active Assets on Macroaxis
Other Information on Investing in Axonics Stock
Axonics financial ratios help investors to determine whether Axonics Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Axonics with respect to the benefits of owning Axonics security.