Axonics Modulation Technologies Price on October 25, 2024
| AXNXDelisted Stock | USD 70.98 0.48 0.68% |
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 Modulation stands at 70.98, as last reported on the 29th of November, with the highest price reaching 71.05 and the lowest price hitting 70.37 during the day. At this stage we consider Axonics Stock to be very steady. Axonics Modulation secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the company had a 0.2% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Axonics Modulation Technologies, which you can use to evaluate the volatility of the firm. Please confirm Axonics Modulation's Coefficient Of Variation of 470.04, risk adjusted performance of 0.1413, and Mean Deviation of 0.1621 to double-check if the risk estimate we provide is consistent with the expected return of 0.0484%.
Axonics Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Axonics |
Sharpe Ratio = 0.1961
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| Negative Returns | AXNX |
Estimated Market Risk
| 0.25 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Axonics Modulation is performing at about 15% 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 Modulation by adding it to a well-diversified portfolio.
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Axonics Modulation Valuation on October 25, 2024
It is possible to determine the worth of Axonics Modulation on a given historical date. On October 25, 2024 Axonics was worth 70.3 at the beginning of the trading date compared to the closed value of 70.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Axonics Modulation stock. Still, in general, we apply an absolute valuation method to find Axonics Modulation'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 Axonics Modulation where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Axonics Modulation's related companies.
| Open | High | Low | Close | Volume | |
| 70.23 | 70.43 | 70.23 | 70.28 | 434,191 | |
10/25/2024 | 70.30 | 70.35 | 69.95 | 70.23 | 847,112 |
| 70.37 | 70.37 | 70.14 | 70.24 | 491,810 |
| Backtest Axonics Modulation | | | Axonics Modulation History | | | Axonics Modulation Valuation | Previous | Next |
Axonics Modulation Trading Date Momentum on October 25, 2024
| On October 28 2024 Axonics Modulation Technologies was traded for 70.24 at the closing time. The top price for the day was 70.37 and the lowest listed price was 70.14 . The trading volume for the day was 491.8 K. The trading history from October 28, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 0.01% . The overall trading delta against the current closing price is 0.20% . |
Axonics Modulation Fundamentals Correlations and Trends
By evaluating Axonics Modulation'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 Axonics Modulation's 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 Modulation Stock history
Axonics Modulation 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 Modulation 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 Modulation stock prices may prove useful in developing a viable investing in Axonics Modulation
Axonics, Inc., a medical technology company, engages in the development and commercialization of sacral neuromodulation systems. Axonics, Inc. was incorporated in 2012 and is based in Irvine, California. Axonics operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 517 people.
Axonics Modulation Stock Technical Analysis
Axonics Modulation 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Axonics Modulation Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Axonics Modulation Technologies cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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 Modulation November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Axonics Modulation 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 Modulation shares will generate the highest return on investment. By undertsting and applying Axonics Modulation stock market strength indicators, traders can identify Axonics Modulation Technologies entry and exit signals to maximize returns
Axonics Modulation Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Axonics Modulation's 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 | 0.1413 | |||
| Jensen Alpha | 0.0428 | |||
| Total Risk Alpha | 0.005 | |||
| Sortino Ratio | (0.47) | |||
| Treynor Ratio | (3.28) |
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Other Consideration for investing in Axonics Stock
If you are still planning to invest in Axonics Modulation check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Axonics Modulation's history and understand the potential risks before investing.
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