Axon Enterprise (UK) Price on November 22, 2024
| 0HKE Stock | 632.74 7.44 1.19% |
If you're considering investing in Axon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Axon Enterprise stands at 632.74, as last reported on the 28th of November, with the highest price reaching 633.40 and the lowest price hitting 621.86 during the day. Axon Enterprise appears to be very steady, given 3 months investment horizon. Axon Enterprise secures Sharpe Ratio (or Efficiency) of 0.24, which signifies that the company had a 0.24% return per unit of risk over the last 3 months. By analyzing Axon Enterprise's technical indicators, you can evaluate if the expected return of 0.93% is justified by implied risk. Please makes use of Axon Enterprise's Downside Deviation of 1.71, risk adjusted performance of 0.1933, and Mean Deviation of 1.74 to double-check if our risk estimates are consistent with your expectations.
Axon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Axon |
Sharpe Ratio = 0.2418
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Estimated Market Risk
| 3.86 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.93 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 19 81% of assets perform better |
Based on monthly moving average Axon Enterprise is performing at about 19% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Axon Enterprise by adding it to a well-diversified portfolio.
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Axon Enterprise Valuation on November 22, 2024
It is possible to determine the worth of Axon Enterprise on a given historical date. On November 22, 2024 Axon was worth 637.92 at the beginning of the trading date compared to the closed value of 636.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Axon Enterprise stock. Still, in general, we apply an absolute valuation method to find Axon Enterprise's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Axon Enterprise where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Axon Enterprise's related companies.
| Open | High | Low | Close | Volume | |
| 617.15 | 639.96 | 609.82 | 631.06 | 42,320 | |
11/22/2024 | 637.92 | 637.92 | 623.88 | 636.91 | 750.00 |
| 643.00 | 643.00 | 606.81 | 621.73 | 2,639 |
| Backtest Axon Enterprise | | | Axon Enterprise History | | | Axon Enterprise Valuation | Previous | Next |
Axon Enterprise Trading Date Momentum on November 22, 2024
| On November 25 2024 Axon Enterprise was traded for 621.73 at the closing time. The highest price during the trading period was 643.00 and the lowest recorded bid was listed for 606.81 . The volume for the day was 2.6 K. This history from November 25, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.38% . The overall trading delta to the current price is 2.36% . |
Axon Enterprise Fundamentals Correlations and Trends
By evaluating Axon Enterprise's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Axon Enterprise's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Axon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Axon Enterprise Stock history
Axon Enterprise investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Axon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Axon Enterprise will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Axon Enterprise stock prices may prove useful in developing a viable investing in Axon Enterprise
Axon Enterprise Stock Technical Analysis
Axon Enterprise technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Axon Enterprise Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Axon Enterprise cannot be verified against its exchange. Please verify the symbol is currently traded on London Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Axon Enterprise November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Axon Enterprise stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Axon Enterprise shares will generate the highest return on investment. By undertsting and applying Axon Enterprise stock market strength indicators, traders can identify Axon Enterprise entry and exit signals to maximize returns
Axon Enterprise Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Axon Enterprise's price direction in advance. Along with the technical and fundamental analysis of Axon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Axon to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1933 | |||
| Jensen Alpha | 0.7602 | |||
| Total Risk Alpha | 0.3427 | |||
| Sortino Ratio | 0.4736 | |||
| Treynor Ratio | 0.6493 |
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Additional Tools for Axon Stock Analysis
When running Axon Enterprise's price analysis, check to measure Axon Enterprise'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 Axon Enterprise is operating at the current time. Most of Axon Enterprise's value examination focuses on studying past and present price action to predict the probability of Axon Enterprise's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axon Enterprise's price. Additionally, you may evaluate how the addition of Axon Enterprise to your portfolios can decrease your overall portfolio volatility.