Axt Inc Stock Market Value
| AXTI Stock | USD 2.40 0.12 4.76% |
| Symbol | AXT |
AXT Inc Price To Book Ratio
Is Semiconductors & Semiconductor Equipment space 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 AXT. If investors know AXT 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 AXT 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 (0.57) | Earnings Share (0.42) | Revenue Per Share | Quarterly Revenue Growth (0.15) | Return On Assets |
The market value of AXT Inc is measured differently than its book value, which is the value of AXT that is recorded on the company's balance sheet. Investors also form their own opinion of AXT's value that differs from its market value or its book value, called intrinsic value, which is AXT'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 AXT's market value can be influenced by many factors that don't directly affect AXT'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 AXT's value and its price as these two are different measures arrived at by different means. Investors typically determine if AXT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AXT'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.
AXT 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to AXT's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of AXT.
| 04/25/2025 |
| 07/24/2025 |
If you would invest 0.00 in AXT on April 25, 2025 and sell it all today you would earn a total of 0.00 from holding AXT Inc or generate 0.0% return on investment in AXT over 90 days. AXT is related to or competes with Teradyne, Onto Innovation, Cohu, Entegris, KLA Tencor, Lam Research, and Amtech Systems. AXT, Inc. designs, develops, manufactures, and distributes compound and single element semiconductor substrates More
AXT Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure AXT's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess AXT Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.66 | |||
| Information Ratio | 0.1879 | |||
| Maximum Drawdown | 33.42 | |||
| Value At Risk | (6.45) | |||
| Potential Upside | 10.92 |
AXT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AXT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AXT's standard deviation. In reality, there are many statistical measures that can use AXT historical prices to predict the future AXT's volatility.| Risk Adjusted Performance | 0.209 | |||
| Jensen Alpha | 0.6852 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.2329 | |||
| Treynor Ratio | 0.4388 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of AXT's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
AXT Inc Backtested Returns
AXT is very risky given 3 months investment horizon. AXT Inc secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19 % return per unit of risk over the last 3 months. We were able to interpolate and analyze data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.09% are justified by taking the suggested risk. Use AXT risk adjusted performance of 0.209, and Mean Deviation of 4.24 to evaluate company specific risk that cannot be diversified away. AXT holds a performance score of 14 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 2.94, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, AXT will likely underperform. Use AXT skewness, and the relationship between the value at risk and day median price , to analyze future returns on AXT.
Auto-correlation | 0.75 |
Good predictability
AXT Inc has good predictability. Overlapping area represents the amount of predictability between AXT time series from 25th of April 2025 to 9th of June 2025 and 9th of June 2025 to 24th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of AXT Inc price movement. The serial correlation of 0.75 indicates that around 75.0% of current AXT price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
AXT Inc lagged returns against current returns
Autocorrelation, which is AXT stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting AXT's stock expected returns. We can calculate the autocorrelation of AXT returns to help us make a trade decision. For example, suppose you find that AXT has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
AXT regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If AXT stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AXT stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AXT stock over time.
Current vs Lagged Prices |
| Timeline |
AXT Lagged Returns
When evaluating AXT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AXT stock have on its future price. AXT autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, AXT autocorrelation shows the relationship between AXT stock current value and its past values and can show if there is a momentum factor associated with investing in AXT Inc.
Regressed Prices |
| Timeline |
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Check out AXT Correlation, AXT Volatility and AXT Alpha and Beta module to complement your research on AXT. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
AXT 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.