Axon Enterprise Stock Alpha and Beta Analysis
| AXON Stock | USD 313.30 5.07 1.64% |
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 0.87 | Alpha 0.25 | Risk 2.15 | Sharpe Ratio 0.17 | Expected Return 0.37 |
Enterprise Value |
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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.
Axon |
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 | 0.25 | β | 0.87 |
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 Wed, Jan 31, 2024 and Tue, Apr 30, 2024 is 306.43 with a coefficient of variation of 8.16. The daily time series for the period is distributed with a sample standard deviation of 23.9, arithmetic mean of 292.7, and mean deviation of 21.75. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Exercise or conversion by Smith Thomas P 2 of 92787 shares of Axon Enterprise subject to Rule 16b-3 | 02/26/2024 |
2 | Axon Enterprise Inc at Morgan Stanley Technology, Media Telecom Conference Transcript | 03/07/2024 |
3 | Acquisition by Jeffrey Kunins of 2185 shares of Axon Enterprise subject to Rule 16b-3 | 03/14/2024 |
4 | Axon Enterprise Gains As Market Dips What You Should Know | 03/22/2024 |
5 | Axon Enterprise Stock Falls Amid Market Uptick What Investors Need to Know | 04/03/2024 |
6 | Axon Enterprise, Inc. Shares Purchased by Bleakley Financial Group LLC - Defense World | 04/15/2024 |
7 | Axon Enterprise, Inc.s Stocks On An Uptrend Are Strong Financials Guiding The Market | 04/16/2024 |
8 | Heres Why Axon Enterprise is a Strong Growth Stock | 04/19/2024 |
9 | Axon to Release First Quarter 2024 Earnings on May 6, 2024 | 04/22/2024 |
10 | Verizon Frontline demos public safety solutionsat Axon Week | 04/23/2024 |
11 | Axon Enterprise, Inc Is a Trending Stock Facts to Know Before Betting on It | 04/25/2024 |
12 | Why Axon Enterprise is a Top Stock for the Long-Term | 04/26/2024 |
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
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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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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.