Axs 125x Nvda Etf Market Value
| NVDS Etf | USD 24.03 1.15 4.57% |
| Symbol | AXS |
The market value of AXS 125X NVDA is measured differently than its book value, which is the value of AXS that is recorded on the company's balance sheet. Investors also form their own opinion of AXS 125X's value that differs from its market value or its book value, called intrinsic value, which is AXS 125X's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AXS 125X's market value can be influenced by many factors that don't directly affect AXS 125X's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AXS 125X's value and its price as these two are different measures arrived at by different means. Investors typically determine if AXS 125X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AXS 125X's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
AXS 125X '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 AXS 125X's etf 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 AXS 125X.
| 09/24/2024 |
| 01/22/2025 |
If you would invest 0.00 in AXS 125X on September 24, 2024 and sell it all today you would earn a total of 0.00 from holding AXS 125X NVDA or generate 0.0% return on investment in AXS 125X over 120 days. AXS 125X is related to or competes with AXS TSLA, Direxion Shares, Direxion Shares, and Direxion Shares. Under normal market circumstances, the adviser will maintain at least 80 percent exposure to financial instruments that ... More
AXS 125X 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 AXS 125X's etf 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 AXS 125X NVDA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 14.5 | |||
| Value At Risk | (6.01) | |||
| Potential Upside | 6.29 |
AXS 125X Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AXS 125X's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AXS 125X's standard deviation. In reality, there are many statistical measures that can use AXS 125X historical prices to predict the future AXS 125X's volatility.| Risk Adjusted Performance | 0.0072 | |||
| Jensen Alpha | 0.0042 | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | 0.0197 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of AXS 125X's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
AXS 125X NVDA Backtested Returns
Currently, AXS 125X NVDA is not too volatile. AXS 125X NVDA secures Sharpe Ratio (or Efficiency) of 0.0111, which signifies that the etf had a 0.0111 % return per unit of risk over the last 3 months. We have found twenty-three technical indicators for AXS 125X NVDA, which you can use to evaluate the volatility of the entity. Please confirm AXS 125X's risk adjusted performance of 0.0072, and Mean Deviation of 3.0 to double-check if the risk estimate we provide is consistent with the expected return of 0.0404%. The etf shows a Beta (market volatility) of -0.62, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning AXS 125X are expected to decrease at a much lower rate. During the bear market, AXS 125X is likely to outperform the market.
Auto-correlation | -0.15 |
Insignificant reverse predictability
AXS 125X NVDA has insignificant reverse predictability. Overlapping area represents the amount of predictability between AXS 125X time series from 24th of September 2024 to 23rd of November 2024 and 23rd of November 2024 to 22nd of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of AXS 125X NVDA price movement. The serial correlation of -0.15 indicates that less than 15.0% of current AXS 125X price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 1.31 |
AXS 125X NVDA lagged returns against current returns
Autocorrelation, which is AXS 125X etf'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 AXS 125X's etf expected returns. We can calculate the autocorrelation of AXS 125X returns to help us make a trade decision. For example, suppose you find that AXS 125X has exhibited high autocorrelation historically, and you observe that the etf 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 |
AXS 125X 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 AXS 125X etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AXS 125X etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AXS 125X etf over time.
Current vs Lagged Prices |
| Timeline |
AXS 125X Lagged Returns
When evaluating AXS 125X's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AXS 125X etf have on its future price. AXS 125X 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, AXS 125X autocorrelation shows the relationship between AXS 125X etf current value and its past values and can show if there is a momentum factor associated with investing in AXS 125X NVDA.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Check out AXS 125X Correlation, AXS 125X Volatility and AXS 125X Alpha and Beta module to complement your research on AXS 125X. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
AXS 125X technical etf 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, etf market cycles, or different charting patterns.