AXA World (Germany) Price on February 29, 2024
| AW43 Fund | EUR 206.64 0.42 0.20% |
If you're considering investing in AXA Fund, it is important to understand the factors that can impact its price. As of today, the current price of AXA World stands at 206.64, as last reported on the 30th of November, with the highest price reaching 206.64 and the lowest price hitting 206.64 during the day. AXA World Funds retains Efficiency (Sharpe Ratio) of -0.11, which signifies that the fund had a -0.11% return per unit of risk over the last 3 months. AXA World exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AXA World's variance of 0.3732, and Market Risk Adjusted Performance of (0.28) to double-check the risk estimate we provide.
AXA Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
AXA |
Sharpe Ratio = -0.1088
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| Negative Returns | AW43 |
Estimated Market Risk
| 0.61 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average AXA World is not performing at its full potential. However, 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 AXA World by adding AXA World to a well-diversified portfolio.
AXA World Valuation on February 29, 2024
It is possible to determine the worth of AXA World on a given historical date. On February 29, 2024 AXA was worth 207.85 at the beginning of the trading date compared to the closed value of 207.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AXA World fund. Still, in general, we apply an absolute valuation method to find AXA World'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 AXA World where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AXA World's related companies.
| Open | High | Low | Close | Volume | |
| 208.15 | 208.15 | 208.15 | 208.15 | 1.00 | |
02/29/2024 | 207.85 | 207.85 | 207.85 | 207.85 | 1.00 |
| 207.96 | 207.96 | 207.96 | 207.96 | 1.00 |
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AXA World Trading Date Momentum on February 29, 2024
| On March 01 2024 AXA World Funds was traded for 207.96 at the closing time. The highest price during the trading period was 207.96 and the lowest recorded bid was listed for 207.96 . There was no trading activity during the period 1.0. Lack of trading volume on March 1, 2024 contributed to the next trading day price boost. The overall trading delta to the next closing price was 0.05% . The overall trading delta to the current price is 2.23% . |
About AXA World Fund history
AXA World 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 AXA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AXA World Funds 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 AXA World stock prices may prove useful in developing a viable investing in AXA World
AXA World Fund Technical Analysis
AXA World technical fund 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, fund market cycles, or different charting patterns.
Price Boundaries
AXA World Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
AXA World Funds cannot be verified against its exchange. Please verify the symbol is currently traded on Hamburg 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.
AXA World November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how AXA World fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AXA World shares will generate the highest return on investment. By undertsting and applying AXA World fund market strength indicators, traders can identify AXA World Funds entry and exit signals to maximize returns
AXA World Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AXA World's price direction in advance. Along with the technical and fundamental analysis of AXA Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of AXA 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 | (0.07) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (0.29) |
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| Volume Indicators |
Other Information on Investing in AXA Fund
AXA World financial ratios help investors to determine whether AXA Fund 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 AXA with respect to the benefits of owning AXA World security.
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