Axa Ebit from 2010 to 2024
| EQH Stock | USD 40.40 0.08 0.20% |
EBIT | First Reported 2016-03-31 | Previous Quarter -706 M | Current Value 253.8 M | Quarterly Volatility 1.8 B |
Check Axa Equitable financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Axa main balance sheet or income statement drivers, such as Depreciation And Amortization of 565.3 M, Interest Expense of 174.7 M or Selling General Administrative of 2.4 B, as well as many exotic indicators such as Price To Sales Ratio of 0.79, Dividend Yield of 0.022 or PTB Ratio of 4.62. Axa financial statements analysis is a perfect complement when working with Axa Equitable Valuation or Volatility modules.
Axa | Ebit |
Latest Axa Equitable's Ebit Growth Pattern
Below is the plot of the Ebit of Axa Equitable Holdings over the last few years. It is Axa Equitable's EBIT historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Axa Equitable's overall financial position and show how it may be relating to other accounts over time.
| Ebit | 10 Years Trend |
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Ebit |
| Timeline |
Axa Ebit Regression Statistics
| Arithmetic Mean | 1,242,823,333 | |
| Coefficient Of Variation | 149.30 | |
| Mean Deviation | 1,485,882,222 | |
| Median | 2,317,350,000 | |
| Standard Deviation | 1,855,583,706 | |
| Sample Variance | 3443190.9T | |
| Range | 5.4B | |
| R-Value | (0.32) | |
| Mean Square Error | 3320181.7T | |
| R-Squared | 0.10 | |
| Significance | 0.24 | |
| Slope | (134,194,821) | |
| Total Sum of Squares | 48204672.5T |
Axa Ebit History
Other Fundumenentals of Axa Equitable Holdings
About Axa Equitable Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Axa Equitable income statement, its balance sheet, and the statement of cash flows. Axa Equitable investors use historical funamental indicators, such as Axa Equitable's Ebit, to determine how well the company is positioned to perform in the future. Although Axa Equitable investors may use each financial statement separately, they are all related. The changes in Axa Equitable's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Axa Equitable's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Axa Equitable Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Axa Equitable. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| EBIT | 2.2 B | 2.3 B | |
| EBITDA | 2.2 B | 2.3 B | |
| Ebt Per Ebit | 0.76 | 1.05 | |
| Ebit Per Revenue | 0.08 | 0.08 |
Axa Equitable Investors Sentiment
The influence of Axa Equitable'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 Axa. 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 Axa Equitable's public news can be used to forecast risks associated with an investment in Axa. The trend in average sentiment can be used to explain how an investor holding Axa can time the market purely based on public headlines and social activities around Axa Equitable Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Axa Equitable'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 Axa Equitable'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 Axa Equitable's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Axa Equitable.
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 Axa Equitable 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, Axa Equitable's short interest history, or implied volatility extrapolated from Axa Equitable options trading.
Pair Trading with Axa Equitable
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 Axa Equitable 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 Axa Equitable will appreciate offsetting losses from the drop in the long position's value.Moving together with Axa Stock
| 0.69 | FIHL | Fidelis Insurance Report 28th of June 2024 | PairCorr |
| 0.9 | AEG | Aegon NV ADR | PairCorr |
| 0.85 | AIG | American International | PairCorr |
Moving against Axa Stock
| 0.75 | GSHD | Goosehead Insurance | PairCorr |
| 0.46 | ACGLO | Arch Capital Group | PairCorr |
The ability to find closely correlated positions to Axa Equitable could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Axa Equitable 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 Axa Equitable - 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 Axa Equitable Holdings to buy it.
The correlation of Axa Equitable 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 Axa Equitable moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Axa Equitable Holdings 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 Axa Equitable 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 the analysis of Axa Equitable Correlation against competitors. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Axa Stock analysis
When running Axa Equitable's price analysis, check to measure Axa Equitable'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 Axa Equitable is operating at the current time. Most of Axa Equitable's value examination focuses on studying past and present price action to predict the probability of Axa Equitable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axa Equitable's price. Additionally, you may evaluate how the addition of Axa Equitable to your portfolios can decrease your overall portfolio volatility.
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Is Axa Equitable'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 Axa Equitable. If investors know Axa 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 Axa Equitable 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 (0.33) | Dividend Share 0.9 | Earnings Share 3.33 | Revenue Per Share 30.362 | Quarterly Revenue Growth (0.05) |
The market value of Axa Equitable Holdings is measured differently than its book value, which is the value of Axa that is recorded on the company's balance sheet. Investors also form their own opinion of Axa Equitable's value that differs from its market value or its book value, called intrinsic value, which is Axa Equitable'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 Axa Equitable's market value can be influenced by many factors that don't directly affect Axa Equitable'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 Axa Equitable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Axa Equitable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axa Equitable'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.