Axos Financial Ratios Analysis
AX Stock | USD 54.04 0.67 1.26% |
Axos |
Most ratios from Axos Financial's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Axos Financial current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Axos Financial Valuation and Axos Financial Correlation analysis. For more information on how to buy Axos Stock please use our How to Invest in Axos Financial guide.At this time, Axos Financial's Cash Per Share is fairly stable compared to the past year. Interest Coverage is likely to rise to 1.97 in 2024, whereas Price Earnings Ratio is likely to drop 8.37 in 2024.
2021 | 2023 | 2024 (projected) | Dividend Yield | 0.0462 | 0.0416 | 0.0436 | Price To Sales Ratio | 3.03 | 3.04 | 2.89 |
Axos Financial fundamentals Correlations
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Axos Financial Account Relationship Matchups
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Axos Financial fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Price Earnings Ratio | 7.32 | 12.74 | 8.86 | 7.66 | 8.81 | 8.37 | |
Price To Sales Ratio | 2.35 | 4.34 | 3.03 | 2.64 | 3.04 | 2.89 | |
Dividend Yield | 1.39E-4 | 2.88E-4 | 3.7E-5 | 0.0462 | 0.0416 | 0.0436 | |
Pretax Profit Margin | 0.55 | 0.44 | 0.46 | 0.48 | 0.49 | 0.3 | |
Cash Per Share | 31.98 | 15.25 | 24.61 | 41.3 | 37.17 | 39.03 | |
Interest Coverage | 1.81 | 3.86 | 7.47 | 1.15 | 1.04 | 1.97 | |
Payout Ratio | 0.001496 | 0.002104 | 4.77E-4 | 0.35 | 0.41 | 0.43 | |
Debt Equity Ratio | 0.51 | 1.11 | 0.36 | 0.34 | 0.39 | 0.37 | |
Ebit Per Revenue | 0.76 | 0.46 | 0.48 | 0.56 | 0.49 | 0.53 | |
Quick Ratio | 3.08 | 1.71 | 2.5 | 4.08 | 4.69 | 4.45 | |
Net Income Per E B T | 0.64 | 0.73 | 0.7 | 0.71 | 0.82 | 0.76 | |
Cash Ratio | 2.5 | 0.96 | 1.55 | 3.21 | 3.69 | 5.37 | |
Price To Book Ratio | 1.09 | 1.96 | 1.3 | 1.23 | 1.41 | 2.24 | |
Current Ratio | 3.08 | 1.71 | 2.43 | 4.08 | 3.67 | 3.49 | |
Fixed Asset Turnover | 5.53 | 7.0 | 6.69 | 7.61 | 8.75 | 8.32 | |
Debt Ratio | 0.0455 | 0.11 | 0.0338 | 0.0323 | 0.0372 | 0.0353 |
Axos Financial Investors Sentiment
The influence of Axos Financial'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 Axos. 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 Axos Financial's public news can be used to forecast risks associated with an investment in Axos. The trend in average sentiment can be used to explain how an investor holding Axos can time the market purely based on public headlines and social activities around Axos Financial. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Axos Financial'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 Axos Financial'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 Axos Financial's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Axos Financial.
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 Axos Financial 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, Axos Financial's short interest history, or implied volatility extrapolated from Axos Financial options trading.
Pair Trading with Axos Financial
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 Axos Financial 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 Axos Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Axos Stock
0.72 | MBCN | Middlefield Banc Fiscal Quarter End 31st of March 2024 | PairCorr |
0.85 | MBWM | Mercantile Bank Fiscal Quarter End 31st of March 2024 | PairCorr |
Moving against Axos Stock
0.61 | MFBP | MF Bancorp | PairCorr |
0.6 | KB | KB Financial Group Financial Report 20th of May 2024 | PairCorr |
0.58 | NU | Nu Holdings Financial Report 20th of May 2024 | PairCorr |
0.58 | WF | Woori Financial Group Financial Report 21st of May 2024 | PairCorr |
0.46 | RF-PB | Regions Financial | PairCorr |
The ability to find closely correlated positions to Axos Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Axos Financial 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 Axos Financial - 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 Axos Financial to buy it.
The correlation of Axos Financial 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 Axos Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Axos Financial 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 Axos Financial 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 Axos Financial Valuation and Axos Financial Correlation analysis. For more information on how to buy Axos Stock please use our How to Invest in Axos Financial guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Axos Stock analysis
When running Axos Financial's price analysis, check to measure Axos Financial'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 Axos Financial is operating at the current time. Most of Axos Financial's value examination focuses on studying past and present price action to predict the probability of Axos Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axos Financial's price. Additionally, you may evaluate how the addition of Axos Financial to your portfolios can decrease your overall portfolio volatility.
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Is Axos Financial'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 Axos Financial. If investors know Axos 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 Axos Financial 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 0.941 | Earnings Share 6.74 | Revenue Per Share 15.998 | Quarterly Revenue Growth 0.096 | Return On Assets 0.0199 |
The market value of Axos Financial is measured differently than its book value, which is the value of Axos that is recorded on the company's balance sheet. Investors also form their own opinion of Axos Financial's value that differs from its market value or its book value, called intrinsic value, which is Axos Financial'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 Axos Financial's market value can be influenced by many factors that don't directly affect Axos Financial'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 Axos Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Axos Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axos Financial'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.