AX Stock | | | USD 84.66 2.54 3.09% |
Axos Financial financial indicator trend analysis is way more than just evaluating Axos Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Axos Financial is a good investment. Please check the relationship between Axos Financial Pe Ratio and its Roe accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Axos Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
For more information on how to buy Axos Stock please use our
How to Invest in Axos Financial guide.
Pe Ratio vs Roe
Pe Ratio vs Roe Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Axos Financial Pe Ratio account and
Roe. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Axos Financial's Pe Ratio and Roe is 0.92. Overlapping area represents the amount of variation of Pe Ratio that can explain the historical movement of Roe in the same time period over historical financial statements of Axos Financial, assuming nothing else is changed. The correlation between historical values of Axos Financial's Pe Ratio and Roe is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pe Ratio of Axos Financial are associated (or correlated) with its Roe. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roe has no effect on the direction of Pe Ratio i.e., Axos Financial's Pe Ratio and Roe go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Pe Ratio
Roe
Most indicators from Axos Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Axos Financial current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Axos Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
For more information on how to buy Axos Stock please use our
How to Invest in Axos Financial guide.At this time, Axos Financial's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 1.8
B in 2024, whereas
Tax Provision is likely to drop slightly above 106.2
M in 2024.
Axos Financial fundamental ratios Correlations
Click cells to compare fundamentals
Axos Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Axos Financial fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Axos Stock Analysis
When running Axos Financial's price analysis, check to
measure Axos Financial'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 Axos Financial is operating at the current time. Most of Axos Financial's value examination focuses on studying past and present price action to
predict the probability of Axos Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axos Financial's price. Additionally, you may evaluate how the addition of Axos Financial to your portfolios can decrease your overall portfolio volatility.