Axalta Coating Systems Stock Price on March 5, 2024
| AXTA Stock | USD 34.91 0.37 1.05% |
Below is the normalized historical share price chart for Axalta Coating Systems extending back to November 12, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Axalta Coating stands at 34.91, as last reported on the 24th of May, with the highest price reaching 34.91 and the lowest price hitting 34.91 during the day.
If you're considering investing in Axalta Stock, it is important to understand the factors that can impact its price. We consider Axalta Coating very steady. Axalta Coating Systems secures Sharpe Ratio (or Efficiency) of 0.0876, which signifies that the company had a 0.0876% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Axalta Coating Systems, which you can use to evaluate the volatility of the firm. Please confirm Axalta Coating's mean deviation of 1.02, and Risk Adjusted Performance of 0.0678 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%.
At present, Axalta Coating's Other Stockholder Equity is projected to decrease significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 268.2 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 187 M. . At present, Axalta Coating's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 16.34, whereas Price To Sales Ratio is forecasted to decline to 1.14. Axalta Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 12th of November 2014 | 200 Day MA 31.0146 | 50 Day MA 33.5926 | Beta 1.512 |
Axalta |
Sharpe Ratio = 0.0876
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | AXTA | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.61 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Axalta Coating is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Axalta Coating by adding it to a well-diversified portfolio.
Price Book 4.0477 | Enterprise Value Ebitda 11.6492 | Price Sales 1.3487 | Shares Float 219.6 M | Wall Street Target Price 40.06 |
Axalta Coating Main Headline on 5th of March 2024
Disposition of 6711 shares by Steven Chapman of Axalta Coati... by Steven Chapman
Filed transaction by Axalta Coating Systems Director. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3
Axalta Coating Valuation on March 5, 2024
It is possible to determine the worth of Axalta Coating on a given historical date. On March 5, 2024 Axalta was worth 32.53 at the beginning of the trading date compared to the closed value of 32.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Axalta Coating stock. Still, in general, we apply an absolute valuation method to find Axalta Coating's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Axalta Coating where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Axalta Coating's related companies.
| Open | High | Low | Close | Volume | |
| 32.49 | 32.80 | 32.43 | 32.70 | 2,080,643 | |
03/05/2024 | 32.53 | 32.66 | 32.25 | 32.28 | 1,268,721 |
| 32.51 | 32.74 | 32.38 | 32.56 | 998,525 |
| Backtest Axalta Coating | | | Axalta Coating History | | | Axalta Coating Valuation | Previous | Next |
Axalta Coating Trading Date Momentum on March 5, 2024
| On March 06 2024 Axalta Coating Systems was traded for 32.56 at the closing time. The top price for the day was 32.74 and the lowest listed price was 32.38 . The trading volume for the day was 998.5 K. The trading history from March 6, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 0.87% . The overall trading delta against the current closing price is 1.80% . |
Axalta Coating Systems Fundamentals Correlations and Trends
By evaluating Axalta Coating's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Axalta Coating's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Axalta financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Axalta Coating Stock history
Axalta Coating investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Axalta is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Axalta Coating Systems will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Axalta Coating stock prices may prove useful in developing a viable investing in Axalta Coating
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 221.9 M | 187 M | |
| Net Income Applicable To Common Shares | 220.3 M | 162.4 M |
Axalta Coating Quarterly Net Working Capital |
|
Axalta Coating Stock Technical Analysis
Axalta Coating 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.
Price Boundaries
Axalta Coating Period Price Range
Low | March 5, 2024
| High |
32.53 | 32.28 |
Axalta Coating May 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Axalta Coating stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Axalta Coating shares will generate the highest return on investment. By undertsting and applying Axalta Coating stock market strength indicators, traders can identify Axalta Coating Systems entry and exit signals to maximize returns
Axalta Coating Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Axalta Coating's price direction in advance. Along with the technical and fundamental analysis of Axalta Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Axalta to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0678 | |||
| Jensen Alpha | 0.1103 | |||
| Total Risk Alpha | 0.029 | |||
| Sortino Ratio | 0.0814 | |||
| Treynor Ratio | 0.1625 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axalta Coating Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Axalta Stock analysis
When running Axalta Coating's price analysis, check to measure Axalta Coating'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 Axalta Coating is operating at the current time. Most of Axalta Coating's value examination focuses on studying past and present price action to predict the probability of Axalta Coating's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axalta Coating's price. Additionally, you may evaluate how the addition of Axalta Coating to your portfolios can decrease your overall portfolio volatility.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |
Is Axalta Coating'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 Axalta Coating. If investors know Axalta 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 Axalta Coating 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) | Earnings Share 1.12 | Revenue Per Share 23.527 | Quarterly Revenue Growth 0.008 | Return On Assets 0.0591 |
The market value of Axalta Coating Systems is measured differently than its book value, which is the value of Axalta that is recorded on the company's balance sheet. Investors also form their own opinion of Axalta Coating's value that differs from its market value or its book value, called intrinsic value, which is Axalta Coating'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 Axalta Coating's market value can be influenced by many factors that don't directly affect Axalta Coating'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 Axalta Coating's value and its price as these two are different measures arrived at by different means. Investors typically determine if Axalta Coating is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axalta Coating'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.