AXA World (Germany) Statistic Functions Beta

AW43 Fund  EUR 207.96  1.97  0.96%   
AXA World statistic functions tool provides the execution environment for running the Beta function and other technical functions against AXA World. AXA World value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. AXA World statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on AXA World Funds correlated with the market. If Beta is less than 0 AXA World generally moves in the opposite direction as compared to the market. If AXA World Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one AXA World Funds is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of AXA World is generally in the same direction as the market. If Beta > 1 AXA World moves generally in the same direction as, but more than the movement of the benchmark.

AXA World Technical Analysis Modules

Most technical analysis of AXA World help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for AXA from various momentum indicators to cycle indicators. When you analyze AXA charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About AXA World Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of AXA World Funds. We use our internally-developed statistical techniques to arrive at the intrinsic value of AXA World Funds based on widely used predictive technical indicators. In general, we focus on analyzing AXA Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build AXA World's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of AXA World's intrinsic value. In addition to deriving basic predictive indicators for AXA World, we also check how macroeconomic factors affect AXA World price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
207.61207.96208.31
Details
Intrinsic
Valuation
LowRealHigh
203.22203.57228.76
Details
Naive
Forecast
LowNextHigh
208.11208.46208.81
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
205.97207.48208.99
Details

Become your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

Did you try this?

Run Equity Search Now

   

Equity Search

Search for actively traded equities including funds and ETFs from over 30 global markets
All  Next Launch Module

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Business Services Idea
Business Services
Invested few shares
Investor Favorites Idea
Investor Favorites
Invested few shares
Social Domain Idea
Social Domain
Invested few shares
Disruptive Technologies Idea
Disruptive Technologies
Invested few shares
Momentum Idea
Momentum
Invested over 50 shares
Baby Boomer Prospects Idea
Baby Boomer Prospects
Invested over 60 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Automobiles and Trucks Idea
Automobiles and Trucks
Invested over 200 shares
ESG Investing Idea
ESG Investing
Invested few shares
Hedge Favorites Idea
Hedge Favorites
Invested over 40 shares
SRI Sustainable Growth Idea
SRI Sustainable Growth
Invested few shares

Other Information on Investing in AXA Fund

AXA World financial ratios help investors to determine whether AXA Fund 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 AXA with respect to the benefits of owning AXA World security.
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets