Axonics (Germany) Price on November 14, 2024
| 0I3 Stock | EUR 63.50 0.00 0.00% |
If you're considering investing in Axonics Stock, it is important to understand the factors that can impact its price. As of today, the current price of Axonics stands at 63.50, as last reported on the 25th of November, with the highest price reaching 63.50 and the lowest price hitting 63.50 during the day. At this point, Axonics is very steady. Axonics secures Sharpe Ratio (or Efficiency) of 0.0868, which signifies that the company had a 0.0868% return per unit of risk over the last 3 months. We have found twenty-five technical indicators for Axonics, which you can use to evaluate the volatility of the firm. Please confirm Axonics' Mean Deviation of 1.18, downside deviation of 3.39, and Risk Adjusted Performance of 0.055 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%.
Axonics Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Axonics |
Sharpe Ratio = 0.0868
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Estimated Market Risk
| 2.18 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Axonics is performing at about 6% 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 Axonics by adding it to a well-diversified portfolio.
Axonics Valuation on November 14, 2024
It is possible to determine the worth of Axonics on a given historical date. On November 14, 2024 Axonics was worth 65.5 at the beginning of the trading date compared to the closed value of 63.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Axonics stock. Still, in general, we apply an absolute valuation method to find Axonics' 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 Axonics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Axonics' related companies.
| Open | High | Low | Close | Volume | |
| 65.00 | 65.00 | 63.00 | 63.00 | 1.00 | |
11/14/2024 | 65.50 | 65.50 | 63.50 | 63.50 | 1.00 |
| 63.50 | 63.50 | 63.50 | 63.50 | 1.00 |
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Axonics Trading Date Momentum on November 14, 2024
| On November 15 2024 Axonics was traded for 63.50 at the closing time. The highest daily price throughout the period was 63.50 and the lowest price was 63.50 . There was no trading activity during the period 1.0. Lack of trading volume on 11/15/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
Axonics Fundamentals Correlations and Trends
By evaluating Axonics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Axonics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Axonics financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Axonics Stock history
Axonics 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 Axonics is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Axonics 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 Axonics stock prices may prove useful in developing a viable investing in Axonics
Axonics, Inc., a medical technology company, engages in the development and commercialization of sacral neuromodulation systems. Axonics, Inc. was incorporated in 2012 and is headquartered in Irvine, California. AXONICS INC operates under Medical Devices classification in Germany and is traded on Frankfurt Stock Exchange. It employs 416 people.
Axonics Stock Technical Analysis
Axonics 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
Axonics Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Axonics cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Axonics November 25, 2024 Market Strength
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 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Axonics' price direction in advance. Along with the technical and fundamental analysis of Axonics Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Axonics 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 | 0.055 | |||
| Jensen Alpha | 0.1331 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 7.0E-4 | |||
| Treynor Ratio | (1.49) |
| Cycle Indicators | ||
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Axonics Stock analysis
When running Axonics' price analysis, check to measure Axonics' 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 Axonics is operating at the current time. Most of Axonics' value examination focuses on studying past and present price action to predict the probability of Axonics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axonics' price. Additionally, you may evaluate how the addition of Axonics to your portfolios can decrease your overall portfolio volatility.
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