Axon Enterprise Stock Technical Analysis
| AXON Stock | USD 297.59 2.23 0.74% |
As of the 19th of April, Axon Enterprise shows the Downside Deviation of 1.32, risk adjusted performance of 0.0913, and Mean Deviation of 1.21. Axon Enterprise technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate data for nineteen technical drivers for Axon Enterprise, which can be compared to its peers. Please confirm Axon Enterprise coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if Axon Enterprise is priced correctly, providing market reflects its regular price of 297.59 per share. Given that Axon Enterprise has jensen alpha of 0.2265, we suggest you to validate Axon Enterprise's prevailing market performance to make sure the company can sustain itself at a future point.
Axon Enterprise Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Axon, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AxonAxon |
Axon Enterprise Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 236.36 | Strong Buy | 14 | Odds |
Most Axon analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Axon stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Axon Enterprise, talking to its executives and customers, or listening to Axon conference calls.
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.
Axon Enterprise Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Axon Enterprise volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Axon Enterprise Trend Analysis
Use this graph to draw trend lines for Axon Enterprise. You can use it to identify possible trend reversals for Axon Enterprise as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Axon Enterprise price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Axon Enterprise Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Axon Enterprise applied against its price change over selected period. The best fit line has a slop of 1.14 , which means Axon Enterprise will continue generating value for investors. It has 122 observation points and a regression sum of squares at 49455.31, which is the sum of squared deviations for the predicted Axon Enterprise price change compared to its average price change.About Axon Enterprise Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Axon Enterprise on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Axon Enterprise based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Axon Enterprise price pattern first instead of the macroeconomic environment surrounding Axon Enterprise. By analyzing Axon Enterprise's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Axon Enterprise's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Axon Enterprise specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Dividend Yield | 0.046 | 0.0409 | Price To Sales Ratio | 12.26 | 12.87 |
Axon Enterprise April 19, 2024 Technical Indicators
Most technical analysis of Axon 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 Axon from various momentum indicators to cycle indicators. When you analyze Axon charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0913 | |||
| Market Risk Adjusted Performance | 0.3238 | |||
| Mean Deviation | 1.21 | |||
| Semi Deviation | 1.03 | |||
| Downside Deviation | 1.32 | |||
| Coefficient Of Variation | 733.43 | |||
| Standard Deviation | 2.12 | |||
| Variance | 4.48 | |||
| Information Ratio | 0.1039 | |||
| Jensen Alpha | 0.2265 | |||
| Total Risk Alpha | 0.0779 | |||
| Sortino Ratio | 0.167 | |||
| Treynor Ratio | 0.3138 | |||
| Maximum Drawdown | 17.86 | |||
| Value At Risk | (1.79) | |||
| Potential Upside | 2.32 | |||
| Downside Variance | 1.73 | |||
| Semi Variance | 1.07 | |||
| Expected Short fall | (1.40) | |||
| Skewness | 3.92 | |||
| Kurtosis | 25.14 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axon Enterprise. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Axon Stock, please use our How to Invest in Axon Enterprise guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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.