Axonics Modulation Technologies Stock Price Prediction
| AXNX Stock | USD 67.28 0.17 0.25% |
Oversold Vs Overbought
33
Oversold | Overbought |
Axonics Modulation stock price prediction is an act of determining the future value of Axonics Modulation shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Axonics Modulation's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Axonics Modulation and does not consider all of the tangible or intangible factors available from Axonics Modulation's fundamental data. We analyze noise-free headlines and recent hype associated with Axonics Modulation Technologies, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Axonics Modulation's stock price prediction:Quarterly Earnings Growth 8.448 | EPS Estimate Next Quarter 0.18 | EPS Estimate Current Year 0.1 | EPS Estimate Next Year 0.54 | Wall Street Target Price 71.73 |
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Axonics Modulation based on different types of headlines from major news networks to social media. The Axonics stock price prediction module provides an analysis of price elasticity to changes in media outlook on Axonics Modulation over a specific investment horizon. Using Axonics Modulation hype-based prediction, you can estimate the value of Axonics Modulation Technologies from the perspective of Axonics Modulation response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Axonics Modulation using Axonics Modulation's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Axonics using crowd psychology based on the activity and movement of Axonics Modulation's stock price.
Axonics Modulation Short Interest
A significant increase or decrease in Axonics Modulation's short interest from the previous month could be a good indicator of investor sentiment towards Axonics. Short interest can provide insight into the potential direction of Axonics Modulation stock and how bullish or bearish investors feel about the market overall. An investor who is long Axonics Modulation may also wish to track short interest. As short interest increases, investors should be becoming more worried about Axonics Modulation and may potentially protect profits, hedge Axonics Modulation with its derivative instruments, or be ready for some potential downside.
200 Day MA 61.253 | Short Percent 0.0893 | Short Ratio 3.64 | Shares Short Prior Month 3.4 M | 50 Day MA 67.8004 |
Axonics Modulation Hype to Price Pattern
Investor biases related to Axonics Modulation's public news can be used to forecast risks associated with an investment in Axonics. The trend in average sentiment can be used to explain how an investor holding Axonics can time the market purely based on public headlines and social activities around Axonics Modulation Technologies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Axonics Modulation's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Axonics Modulation.
Axonics Modulation Implied Volatility | 0.0 |
Axonics Modulation's implied volatility exposes the market's sentiment of Axonics Modulation Technologies stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Axonics Modulation's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Axonics Modulation stock will not fluctuate a lot when Axonics Modulation's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Axonics Modulation. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Axonics Modulation to buy its stock at a price that has no basis in reality. In that case, they are not buying Axonics because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Axonics Modulation after-hype prediction price | USD 67.28 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Prediction based on Rule 16 of the current Axonics contract
Based on the Rule 16, the options market is currently suggesting that Axonics Modulation Technologies will have an average daily up or down price movement of about 0.0% per day over the life of the 2024-05-17 option contract. With Axonics Modulation trading at USD 67.28, that is roughly USD 0.0 . If you think that the market is fully incorporating Axonics Modulation's daily price movement you should consider acquiring Axonics Modulation Technologies options at the current volatility level of 0.0%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Axonics |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Axonics Modulation'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.
Axonics Modulation After-Hype Price Prediction Density Analysis
As far as predicting the price of Axonics Modulation at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Axonics Modulation or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Axonics Modulation, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Axonics Modulation Estimiated After-Hype Price Volatility
In the context of predicting Axonics Modulation's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Axonics Modulation's historical news coverage. Axonics Modulation's after-hype downside and upside margins for the prediction period are 66.79 and 67.77, respectively. We have considered Axonics Modulation's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Axonics Modulation is very steady at this time. Analysis and calculation of next after-hype price of Axonics Modulation is based on 3 months time horizon.
Axonics Modulation Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Axonics Modulation is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Axonics Modulation backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Axonics Modulation, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.02 | 0.49 | 0.00 | 0.00 | 11 Events / Month | 3 Events / Month | In about 11 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
67.28 | 67.28 | 0.00 |
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Axonics Modulation Hype Timeline
Axonics Modulation is presently traded for 67.28. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Axonics is estimated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is estimated to be very small, whereas the daily expected return is presently at -0.02%. %. The volatility of related hype on Axonics Modulation is about 196.0%, with the expected price after the next announcement by competition of 67.28. About 99.0% of the company shares are held by institutions such as insurance companies. The company recorded a loss per share of 0.31. Axonics Modulation had not issued any dividends in recent years. Given the investment horizon of 90 days the next estimated press release will be in about 11 days. Check out Axonics Modulation Basic Forecasting Models to cross-verify your projections.Axonics Modulation Related Hype Analysis
Having access to credible news sources related to Axonics Modulation's direct competition is more important than ever and may enhance your ability to predict Axonics Modulation's future price movements. Getting to know how Axonics Modulation's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Axonics Modulation may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| PRVA | Privia Health Group | (0.07) | 9 per month | 0.00 | (0.05) | 3.86 | (4.50) | 14.54 | |
| HSTM | HealthStream | 1.78 | 8 per month | 1.29 | (0.02) | 2.70 | (1.97) | 11.39 | |
| CERT | Certara | (0.08) | 11 per month | 2.24 | 0.03 | 3.83 | (4.31) | 14.25 | |
| NRC | National Research Corp | (0.36) | 9 per month | 0.00 | (0.13) | 1.85 | (3.70) | 13.13 | |
| DH | Definitive Healthcare Corp | (0.02) | 7 per month | 0.00 | (0.11) | 4.57 | (5.14) | 13.94 |
Axonics Modulation Additional Predictive Modules
Most predictive techniques to examine Axonics price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Axonics using various technical indicators. When you analyze Axonics charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Axonics Modulation Predictive Indicators
The successful prediction of Axonics Modulation stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Axonics Modulation Technologies, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Axonics Modulation based on analysis of Axonics Modulation hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Axonics Modulation's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Axonics Modulation's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 8.44 | 8.38 | 5.47 | 3.17 | Days Of Inventory On Hand | 367.11 | 267.69 | 289.21 | 274.75 |
Story Coverage note for Axonics Modulation
The number of cover stories for Axonics Modulation depends on current market conditions and Axonics Modulation's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Axonics Modulation is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Axonics Modulation's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Axonics Modulation Short Properties
Axonics Modulation's future price predictability will typically decrease when Axonics Modulation's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Axonics Modulation Technologies often depends not only on the future outlook of the potential Axonics Modulation's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Axonics Modulation's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 49.1 M | |
| Cash And Short Term Investments | 345 M |
Check out Axonics Modulation Basic Forecasting Models to cross-verify your projections. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Axonics Stock analysis
When running Axonics Modulation's price analysis, check to measure Axonics Modulation'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 Axonics Modulation is operating at the current time. Most of Axonics Modulation's value examination focuses on studying past and present price action to predict the probability of Axonics Modulation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axonics Modulation's price. Additionally, you may evaluate how the addition of Axonics Modulation to your portfolios can decrease your overall portfolio volatility.
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Is Axonics Modulation'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 Axonics Modulation. If investors know Axonics 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 Axonics Modulation 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 8.448 | Earnings Share (0.31) | Revenue Per Share 7.794 | Quarterly Revenue Growth 0.294 | Return On Assets (0.01) |
The market value of Axonics Modulation is measured differently than its book value, which is the value of Axonics that is recorded on the company's balance sheet. Investors also form their own opinion of Axonics Modulation's value that differs from its market value or its book value, called intrinsic value, which is Axonics Modulation'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 Axonics Modulation's market value can be influenced by many factors that don't directly affect Axonics Modulation'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 Axonics Modulation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Axonics Modulation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axonics Modulation'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.