Axon Enterprise Stock Alpha and Beta Analysis
| AXON Stock | USD 636.95 5.68 0.90% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Axon Enterprise. It also helps investors analyze the systematic and unsystematic risks associated with investing in Axon Enterprise over a specified time horizon. Remember, high Axon Enterprise's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Axon Enterprise's market risk premium analysis include:
Beta 1.48 | Alpha 0.69 | Risk 3.85 | Sharpe Ratio 0.24 | Expected Return 0.94 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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Axon Enterprise Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Axon Enterprise market risk premium is the additional return an investor will receive from holding Axon Enterprise long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Axon Enterprise. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Axon Enterprise's performance over market.| α | 0.69 | β | 1.48 |
Axon Enterprise expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Axon Enterprise's Buy-and-hold return. Our buy-and-hold chart shows how Axon Enterprise performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Axon Enterprise Market Price Analysis
Market price analysis indicators help investors to evaluate how Axon Enterprise stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Axon Enterprise shares will generate the highest return on investment. By understating and applying Axon Enterprise stock market price indicators, traders can identify Axon Enterprise position entry and exit signals to maximize returns.
Axon Enterprise Return and Market Media
The median price of Axon Enterprise for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 425.84 with a coefficient of variation of 18.83. The daily time series for the period is distributed with a sample standard deviation of 82.76, arithmetic mean of 439.46, and mean deviation of 59.43. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 105495 shares by Patrick Smith of Axon Enterprise at 28.58 subject to Rule 16b-3 | 08/30/2024 |
2 | Disposition of 620 shares by Patrick Smith of Axon Enterprise at 356.0972 subject to Rule 16b-3 | 09/04/2024 |
3 | Disposition of 5309 shares by Jeffrey Kunins of Axon Enterprise at 354.62 subject to Rule 16b-3 | 09/06/2024 |
4 | Disposition of 12365 shares by Brittany Bagley of Axon Enterprise at 3.25 subject to Rule 16b-3 | 09/26/2024 |
5 | ADT Beats Q3 Earnings and Revenue Estimates | 10/24/2024 |
6 | Axon Earnings What To Look For From AXON | 11/06/2024 |
7 | Axon Enterprise Inc Stock Price Up 16.27 percent on Nov 8 | 11/08/2024 |
8 | Disposition of 9000 shares by Joshua Isner of Axon Enterprise subject to Rule 16b-3 | 11/13/2024 |
9 | Verus Capital Partners LLC Invests 260,000 in Axon Enterprise, Inc. | 11/14/2024 |
10 | Axon Enterprises Solid Profits Have Weak Fundamentals | 11/15/2024 |
11 | Axon Enterprise, Inc. Given Average Recommendation of Moderate Buy by Analysts | 11/18/2024 |
12 | Axon Enterprises COO and CFO sells 3.79 million in stock | 11/19/2024 |
13 | Axon Enterprise Reaches New 12-Month High Whats Next | 11/21/2024 |
14 | What Contributes To Axon Enterprises Robust Growth | 11/22/2024 |
About Axon Enterprise Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Axon or other stocks. Alpha measures the amount that position in Axon Enterprise has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 10.01 | 7.7 | 6.88 | 5.88 | Days Of Inventory On Hand | 123.02 | 160.2 | 162.0 | 131.91 |
Axon Enterprise Upcoming Company Events
As portrayed in its financial statements, the presentation of Axon Enterprise's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Axon Enterprise's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Axon Enterprise's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Axon Enterprise. Please utilize our Beneish M Score to check the likelihood of Axon Enterprise's management manipulating its earnings.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Axon Enterprise
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Check out Axon Enterprise Backtesting, Axon Enterprise Valuation, Axon Enterprise Correlation, Axon Enterprise Hype Analysis, Axon Enterprise Volatility, Axon Enterprise History and analyze Axon Enterprise Performance. To learn how to invest in Axon Stock, please use our How to Invest in Axon Enterprise guide.You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Axon Enterprise technical stock 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, stock market cycles, or different charting patterns.