AXWAY SOFTWARE (Germany) Market Value
| 1XV Stock | EUR 27.30 0.20 0.73% |
| Symbol | AXWAY |
AXWAY SOFTWARE 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to AXWAY SOFTWARE's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of AXWAY SOFTWARE.
| 05/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in AXWAY SOFTWARE on May 27, 2024 and sell it all today you would earn a total of 0.00 from holding AXWAY SOFTWARE EO or generate 0.0% return on investment in AXWAY SOFTWARE over 180 days. AXWAY SOFTWARE is related to or competes with Microsoft, NVIDIA, Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, and Talanx AG. Axway Software SA operates as an infrastructure software publisher in the Americas, the Asia Pacific, and Europe More
AXWAY SOFTWARE Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure AXWAY SOFTWARE's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess AXWAY SOFTWARE EO upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.42 | |||
| Information Ratio | 0.1605 | |||
| Maximum Drawdown | 10.03 | |||
| Value At Risk | (2.17) | |||
| Potential Upside | 3.14 |
AXWAY SOFTWARE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AXWAY SOFTWARE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AXWAY SOFTWARE's standard deviation. In reality, there are many statistical measures that can use AXWAY SOFTWARE historical prices to predict the future AXWAY SOFTWARE's volatility.| Risk Adjusted Performance | 0.1781 | |||
| Jensen Alpha | 0.375 | |||
| Total Risk Alpha | 0.1493 | |||
| Sortino Ratio | 0.1875 | |||
| Treynor Ratio | (3.97) |
AXWAY SOFTWARE EO Backtested Returns
AXWAY SOFTWARE appears to be very steady, given 3 months investment horizon. AXWAY SOFTWARE EO secures Sharpe Ratio (or Efficiency) of 0.23, which signifies that the company had a 0.23% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for AXWAY SOFTWARE EO, which you can use to evaluate the volatility of the firm. Please makes use of AXWAY SOFTWARE's risk adjusted performance of 0.1781, and Mean Deviation of 1.11 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, AXWAY SOFTWARE holds a performance score of 18. The firm shows a Beta (market volatility) of -0.0922, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning AXWAY SOFTWARE are expected to decrease at a much lower rate. During the bear market, AXWAY SOFTWARE is likely to outperform the market. Please check AXWAY SOFTWARE's total risk alpha, value at risk, expected short fall, as well as the relationship between the treynor ratio and downside variance , to make a quick decision on whether AXWAY SOFTWARE's price patterns will revert.
Auto-correlation | -0.64 |
Very good reverse predictability
AXWAY SOFTWARE EO has very good reverse predictability. Overlapping area represents the amount of predictability between AXWAY SOFTWARE time series from 27th of May 2024 to 25th of August 2024 and 25th of August 2024 to 23rd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of AXWAY SOFTWARE EO price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current AXWAY SOFTWARE price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.64 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 3.94 |
AXWAY SOFTWARE EO lagged returns against current returns
Autocorrelation, which is AXWAY SOFTWARE stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting AXWAY SOFTWARE's stock expected returns. We can calculate the autocorrelation of AXWAY SOFTWARE returns to help us make a trade decision. For example, suppose you find that AXWAY SOFTWARE has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
AXWAY SOFTWARE regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If AXWAY SOFTWARE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AXWAY SOFTWARE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AXWAY SOFTWARE stock over time.
Current vs Lagged Prices |
| Timeline |
AXWAY SOFTWARE Lagged Returns
When evaluating AXWAY SOFTWARE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AXWAY SOFTWARE stock have on its future price. AXWAY SOFTWARE autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, AXWAY SOFTWARE autocorrelation shows the relationship between AXWAY SOFTWARE stock current value and its past values and can show if there is a momentum factor associated with investing in AXWAY SOFTWARE EO.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in AXWAY Stock
AXWAY SOFTWARE financial ratios help investors to determine whether AXWAY Stock 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 AXWAY with respect to the benefits of owning AXWAY SOFTWARE security.