Axon Cash Flow Coverage Ratios from 2010 to 2024
| AXON Stock | USD 313.30 5.07 1.64% |
Cash Flow Coverage Ratios | First Reported 2010-12-31 | Previous Quarter 0.27714721 | Current Value 0.26 | Quarterly Volatility 163.82863586 |
Check Axon Enterprise financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Axon main balance sheet or income statement drivers, such as Depreciation And Amortization of 34.3 M, Interest Expense of 7.1 M or Selling General Administrative of 425.4 M, as well as many exotic indicators such as Price To Sales Ratio of 12.87, Dividend Yield of 0.0 or PTB Ratio of 12.48. Axon financial statements analysis is a perfect complement when working with Axon Enterprise Valuation or Volatility modules.
Axon | Cash Flow Coverage Ratios |
Latest Axon Enterprise's Cash Flow Coverage Ratios Growth Pattern
Below is the plot of the Cash Flow Coverage Ratios of Axon Enterprise over the last few years. It is Axon Enterprise's Cash Flow Coverage Ratios historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Axon Enterprise's overall financial position and show how it may be relating to other accounts over time.
| Cash Flow Coverage Ratios | 10 Years Trend |
|
Cash Flow Coverage Ratios |
| Timeline |
Axon Cash Flow Coverage Ratios Regression Statistics
| Arithmetic Mean | 88.24 | |
| Geometric Mean | 2.63 | |
| Coefficient Of Variation | 185.66 | |
| Mean Deviation | 128.05 | |
| Median | 1.14 | |
| Standard Deviation | 163.83 | |
| Sample Variance | 26,840 | |
| Range | 529 | |
| R-Value | (0.43) | |
| Mean Square Error | 23,662 | |
| R-Squared | 0.18 | |
| Significance | 0.11 | |
| Slope | (15.60) | |
| Total Sum of Squares | 375,758 |
Axon Cash Flow Coverage Ratios History
About Axon Enterprise Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Axon Enterprise income statement, its balance sheet, and the statement of cash flows. Axon Enterprise investors use historical funamental indicators, such as Axon Enterprise's Cash Flow Coverage Ratios, to determine how well the company is positioned to perform in the future. Although Axon Enterprise investors may use each financial statement separately, they are all related. The changes in Axon Enterprise's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Axon Enterprise's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Axon Enterprise Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Axon Enterprise. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Cash Flow Coverage Ratios | 0.28 | 0.26 |
Axon Enterprise Investors Sentiment
The influence of Axon Enterprise's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Axon. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Axon Enterprise's public news can be used to forecast risks associated with an investment in Axon. The trend in average sentiment can be used to explain how an investor holding Axon can time the market purely based on public headlines and social activities around Axon Enterprise. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Axon Enterprise's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Axon Enterprise's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Axon Enterprise's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Axon Enterprise.
Axon Enterprise Implied Volatility | 60.06 |
Axon Enterprise's implied volatility exposes the market's sentiment of Axon Enterprise stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Axon Enterprise's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Axon Enterprise stock will not fluctuate a lot when Axon Enterprise's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Axon Enterprise in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Axon Enterprise's short interest history, or implied volatility extrapolated from Axon Enterprise options trading.
Pair Trading with Axon Enterprise
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Axon Enterprise position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Axon Enterprise will appreciate offsetting losses from the drop in the long position's value.Moving together with Axon Stock
| 0.81 | CW | Curtiss Wright Financial Report 1st of May 2024 | PairCorr |
| 0.68 | EH | Ehang Holdings | PairCorr |
| 0.7 | GD | General Dynamics Earnings Call Tomorrow | PairCorr |
Moving against Axon Stock
| 0.85 | EVEX | Eve Holding Financial Report 14th of May 2024 | PairCorr |
| 0.77 | DPRO | Draganfly Financial Report 14th of May 2024 | PairCorr |
| 0.66 | AZ | A2Z Smart Technologies | PairCorr |
| 0.63 | BA | Boeing Financial Report 24th of July 2024 | PairCorr |
| 0.6 | CVU | CPI Aerostructures | PairCorr |
The ability to find closely correlated positions to Axon Enterprise could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Axon Enterprise when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Axon Enterprise - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Axon Enterprise to buy it.
The correlation of Axon Enterprise is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Axon Enterprise moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Axon Enterprise moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Axon Enterprise can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Axon Enterprise Correlation against competitors. To learn how to invest in Axon Stock, please use our How to Invest in Axon Enterprise guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Axon Stock analysis
When running Axon Enterprise's price analysis, check to measure Axon Enterprise's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Axon Enterprise is operating at the current time. Most of Axon Enterprise's value examination focuses on studying past and present price action to predict the probability of Axon Enterprise's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axon Enterprise's price. Additionally, you may evaluate how the addition of Axon Enterprise to your portfolios can decrease your overall portfolio volatility.
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Is Axon Enterprise's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Axon Enterprise. If investors know Axon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Axon Enterprise listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.866 | Earnings Share 2.31 | Revenue Per Share 21.071 | Quarterly Revenue Growth 0.286 | Return On Assets 0.0312 |
The market value of Axon Enterprise is measured differently than its book value, which is the value of Axon that is recorded on the company's balance sheet. Investors also form their own opinion of Axon Enterprise's value that differs from its market value or its book value, called intrinsic value, which is Axon Enterprise'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 Axon Enterprise's market value can be influenced by many factors that don't directly affect Axon Enterprise'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 Axon Enterprise's value and its price as these two are different measures arrived at by different means. Investors typically determine if Axon Enterprise is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axon Enterprise'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.