Axim Biotechnologies Stock Price on March 1, 2024
| AXIM Stock | USD 0 0 50.00% |
If you're considering investing in Axim Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Axim Biotechnologies stands at 0, as last reported on the 29th of November, with the highest price reaching 0 and the lowest price hitting 0 during the day. Axim Biotechnologies appears to be out of control, given 3 months investment horizon. Axim Biotechnologies secures Sharpe Ratio (or Efficiency) of 0.0172, which signifies that the company had a 0.0172% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Axim Biotechnologies, which you can use to evaluate the volatility of the firm. Please makes use of Axim Biotechnologies' Risk Adjusted Performance of 0.0085, mean deviation of 9.85, and Standard Deviation of 19.61 to double-check if our risk estimates are consistent with your expectations.
Axim Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Axim |
Sharpe Ratio = 0.0172
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Estimated Market Risk
| 19.96 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Axim Biotechnologies is performing at about 1% 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 Axim Biotechnologies by adding it to a well-diversified portfolio.
Axim Biotechnologies Valuation on March 1, 2024
It is possible to determine the worth of Axim Biotechnologies on a given historical date. On March 1, 2024 Axim was worth 0.013 at the beginning of the trading date compared to the closed value of 0.016. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Axim Biotechnologies pink sheet. Still, in general, we apply an absolute valuation method to find Axim Biotechnologies' 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 Axim Biotechnologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Axim Biotechnologies' related companies.
| Open | High | Low | Close | Volume | |
| 0.01 | 0.01 | 0.01 | 0.01 | 427,000 | |
03/01/2024 | 0.01 | 0.02 | 0.01 | 0.02 | 3,595,600 |
| 0.01 | 0.02 | 0.01 | 0.02 | 111,100 |
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Axim Biotechnologies Trading Date Momentum on March 1, 2024
| On March 04 2024 Axim Biotechnologies was traded for 0.02 at the closing time. The top price for the day was 0.02 and the lowest listed price was 0.01 . The trading volume for the day was 111.1 K. The trading history from March 4, 2024 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 12.50% . The overall trading delta against the current closing price is 25.00% . |
Axim Biotechnologies Fundamentals Correlations and Trends
By evaluating Axim Biotechnologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Axim Biotechnologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Axim financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Axim Biotechnologies Pink Sheet history
Axim Biotechnologies 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 Axim is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Axim Biotechnologies 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 Axim Biotechnologies stock prices may prove useful in developing a viable investing in Axim Biotechnologies
AXIM Biotechnologies, Inc. develops and sells diagnostic healthcare solutions in the areas of SARS-CoV-2, eye health, and oncology. AXIM Biotechnologies, Inc. was incorporated in 2010 and is based in San Diego, California. Axim Biotechnologies operates under Biotechnology classification in the United States and is traded on OTC Exchange. It employs 6 people.
Axim Biotechnologies Pink Sheet Technical Analysis
Axim Biotechnologies technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Axim Biotechnologies Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Axim Biotechnologies cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Axim Biotechnologies November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Axim Biotechnologies pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Axim Biotechnologies shares will generate the highest return on investment. By undertsting and applying Axim Biotechnologies pink sheet market strength indicators, traders can identify Axim Biotechnologies entry and exit signals to maximize returns
Axim Biotechnologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Axim Biotechnologies' price direction in advance. Along with the technical and fundamental analysis of Axim Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Axim 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 | 0.0085 | |||
| Jensen Alpha | 0.0461 | |||
| Total Risk Alpha | (2.99) | |||
| Treynor Ratio | 0.0532 |
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Other Information on Investing in Axim Pink Sheet
Axim Biotechnologies financial ratios help investors to determine whether Axim Pink Sheet 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 Axim with respect to the benefits of owning Axim Biotechnologies security.