Axs 15x Pypl Etf Market Value
| PYPS Etf | USD 10.54 0.05 0.48% |
| Symbol | AXS |
The market value of AXS 15X PYPL 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 15X's value that differs from its market value or its book value, called intrinsic value, which is AXS 15X'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 15X's market value can be influenced by many factors that don't directly affect AXS 15X'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 15X's value and its price as these two are different measures arrived at by different means. Investors typically determine if AXS 15X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AXS 15X'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 15X '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 15X'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 15X.
| 12/15/2025 |
| 01/14/2026 |
If you would invest 0.00 in AXS 15X on December 15, 2025 and sell it all today you would earn a total of 0.00 from holding AXS 15X PYPL or generate 0.0% return on investment in AXS 15X over 30 days. Under normal market circumstances, the manager will maintain at least 67 percent exposure to financial instruments that ... More
AXS 15X 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 15X'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 15X PYPL upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.14 | |||
| Information Ratio | 0.1427 | |||
| Maximum Drawdown | 13.82 | |||
| Value At Risk | (1.99) | |||
| Potential Upside | 3.15 |
AXS 15X Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AXS 15X's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AXS 15X's standard deviation. In reality, there are many statistical measures that can use AXS 15X historical prices to predict the future AXS 15X's volatility.| Risk Adjusted Performance | 0.1451 | |||
| Jensen Alpha | 0.3982 | |||
| Total Risk Alpha | 0.153 | |||
| Sortino Ratio | 0.1457 | |||
| Treynor Ratio | (9.09) |
AXS 15X PYPL Backtested Returns
AXS 15X appears to be not too volatile, given 3 months investment horizon. AXS 15X PYPL secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the etf had a 0.11 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for AXS 15X PYPL, which you can use to evaluate the volatility of the entity. Please makes use of AXS 15X's risk adjusted performance of 0.1451, and Mean Deviation of 1.51 to double-check if our risk estimates are consistent with your expectations. The etf shows a Beta (market volatility) of -0.0434, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning AXS 15X are expected to decrease at a much lower rate. During the bear market, AXS 15X is likely to outperform the market.
Auto-correlation | 0.59 |
Modest predictability
AXS 15X PYPL has modest predictability. Overlapping area represents the amount of predictability between AXS 15X time series from 15th of December 2025 to 30th of December 2025 and 30th of December 2025 to 14th of January 2026. 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 15X PYPL price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current AXS 15X price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
AXS 15X PYPL lagged returns against current returns
Autocorrelation, which is AXS 15X 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 15X's etf expected returns. We can calculate the autocorrelation of AXS 15X returns to help us make a trade decision. For example, suppose you find that AXS 15X 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 15X 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 15X etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AXS 15X etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AXS 15X etf over time.
Current vs Lagged Prices |
| Timeline |
AXS 15X Lagged Returns
When evaluating AXS 15X's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AXS 15X etf have on its future price. AXS 15X 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 15X autocorrelation shows the relationship between AXS 15X etf current value and its past values and can show if there is a momentum factor associated with investing in AXS 15X PYPL.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Check out AXS 15X Correlation, AXS 15X Volatility and AXS 15X Alpha and Beta module to complement your research on AXS 15X. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
AXS 15X 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.