Axos Financial Risk Analysis And Volatility

<div class='logoBackup' style='background:#754DEB;color: white;font-size:3em;;'>AXO</div>
AX -- USA Stock  

Earning Report: January 29, 2020  

We consider Axos Financial not too volatile. Axos Financial secures Sharpe Ratio (or Efficiency) of 0.0228 which signifies that the organization had 0.0228% of return per unit of risk over the last 3 months. Our philosophy towards foreseeing volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Axos Financial which you can use to evaluate future volatility of the firm. Please confirm Axos Financial Downside Deviation of 2.54, Risk Adjusted Performance of 0.0261 and Mean Deviation of 1.22 to double-check if risk estimate we provide are consistent with the epected return of 0.0433%.

90 Days Market Risk

Not too volatile

Chance of Distress

Below average

90 Days Economic Sensitivity

Almost neglects market trends
Horizon     30 Days    Login   to change

Axos Financial Market Sensitivity

As returns on market increase, returns on owning Axos Financial are expected to decrease at a much smaller rate. During bear market, Axos Financial is likely to outperform the market.
3 Months Beta |Analyze Axos Financial Demand Trend
Check current 30 days Axos Financial correlation with market (DOW)
β = -0.3059

Axos Financial Central Daily Price Deviation

Axos Financial Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Axos Financial Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Axos Financial Projected Return Density Against Market

Allowing for the 30-days total investment horizon, Axos Financial has beta of -0.3059 . This suggests as returns on benchmark increase, returns on holding Axos Financial are expected to decrease at a much smaller rate. During bear market, however, Axos Financial is likely to outperform the market. Moreover, The company has an alpha of 0.1055 implying that it can potentially generate 0.1055% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
    
  Returns 
Allowing for the 30-days total investment horizon, the coefficient of variation of Axos Financial is 4380.35. The daily returns are destributed with a variance of 3.6 and standard deviation of 1.9. The mean deviation of Axos Financial is currently at 1.23. For similar time horizon, the selected benchmark (DOW) has volatility of 0.47
α
Alpha over DOW
=0.11
β
Beta against DOW=0.31
σ
Overall volatility
=1.90
Ir
Information ratio =0.04

Axos Financial Return Volatility

the company accepts 1.8972% volatility on return distribution over the 30 days horizon. the entity inherits 0.4734% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
    
  Timeline 

Axos Financial Investment Opportunity

Axos Financial has a volatility of 1.9 and is 4.04 times more volatile than DOW. 17  of all equities and portfolios are less risky than Axos Financial. Compared to the overall equity markets, volatility of historical daily returns of Axos Financial is lower than 17 () of all global equities and portfolios over the last 30 days. Use Axos Financial to protect your portfolios against small markets fluctuations. The stock experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of Axos Financial to be traded at $28.61 in 30 days. . As returns on market increase, returns on owning Axos Financial are expected to decrease at a much smaller rate. During bear market, Axos Financial is likely to outperform the market.

Axos Financial correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Axos Financial Inc and equity matching DJI index in the same portfolio.

Axos Financial Current Risk Indicators

Axos Financial Suggested Diversification Pairs

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