Axis Capital Holdings Stock Probability Of Bankruptcy

AXS Stock  USD 65.00  0.01  0.02%   
AXIS Capital Holdings fundamentals help investors to digest information that contributes to AXIS Capital's financial success or failures. It also enables traders to predict the movement of AXIS Stock. The fundamental analysis module provides a way to measure AXIS Capital's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to AXIS Capital stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

AXIS Probability Of Bankruptcy Analysis

AXIS Capital's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.

Probability Of Bankruptcy

 = 

Normalized

Z-Score

More About Probability_Of_Bankruptcy | All Equity Analysis

Current AXIS Capital Probability Of Bankruptcy

    
  Less than 6%  
Most of AXIS Capital's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, AXIS Capital Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of AXIS Capital probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting AXIS Capital odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of AXIS Capital Holdings financial health.
Is AXIS Capital'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 AXIS Capital. If investors know AXIS 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 AXIS Capital 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
4.226
Dividend Share
1.76
Earnings Share
4.02
Revenue Per Share
66.282
Quarterly Revenue Growth
0.023
The market value of AXIS Capital Holdings is measured differently than its book value, which is the value of AXIS that is recorded on the company's balance sheet. Investors also form their own opinion of AXIS Capital's value that differs from its market value or its book value, called intrinsic value, which is AXIS Capital'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 AXIS Capital's market value can be influenced by many factors that don't directly affect AXIS Capital'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 AXIS Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if AXIS Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AXIS Capital'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.

AXIS Probability Of Bankruptcy Driver Correlations

Understanding the fundamental principles of building solid financial models for AXIS Capital is extremely important. It helps to project a fair market value of AXIS Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since AXIS Capital's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of AXIS Capital's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of AXIS Capital's interrelated accounts and indicators.
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The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
Competition

Based on the latest financial disclosure, AXIS Capital Holdings has a Probability Of Bankruptcy of 6.0%. This is 87.98% lower than that of the Insurance sector and significantly higher than that of the Financials industry. The probability of bankruptcy for all United States stocks is 84.94% higher than that of the company.

AXIS Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses AXIS Capital's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of AXIS Capital could also be used in its relative valuation, which is a method of valuing AXIS Capital by comparing valuation metrics of similar companies.
AXIS Capital is currently under evaluation in probability of bankruptcy category among related companies.

AXIS Capital ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, AXIS Capital's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to AXIS Capital's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

AXIS Fundamentals

About AXIS Capital Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze AXIS Capital Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AXIS Capital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AXIS Capital Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
AXIS Capital Holdings Limited, through its subsidiaries, provides various specialty insurance and reinsurance products worldwide. The company was founded in 2001 and is headquartered in Pembroke, Bermuda. Axis Capital operates under InsuranceProperty Casualty classification in the United States and is traded on New York Stock Exchange. It employs 2082 people.

AXIS Capital Investors Sentiment

The influence of AXIS Capital'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 AXIS. 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 AXIS Capital's public news can be used to forecast risks associated with an investment in AXIS. The trend in average sentiment can be used to explain how an investor holding AXIS can time the market purely based on public headlines and social activities around AXIS Capital Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
AXIS Capital'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 AXIS Capital'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 AXIS Capital's news discussions. The higher the estimated score, the more favorable is the investor's outlook on AXIS Capital.
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 AXIS Capital 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, AXIS Capital's short interest history, or implied volatility extrapolated from AXIS Capital options trading.

Pair Trading with AXIS Capital

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 AXIS Capital 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 AXIS Capital will appreciate offsetting losses from the drop in the long position's value.

Moving together with AXIS Stock

  0.91AGO Assured Guaranty Financial Report 14th of May 2024 PairCorr
  0.91AIZ Assurant Financial Report 7th of May 2024 PairCorr

Moving against AXIS Stock

  0.81FAF First American Normal TradingPairCorr
The ability to find closely correlated positions to AXIS Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AXIS Capital 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 AXIS Capital - 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 AXIS Capital Holdings to buy it.
The correlation of AXIS Capital 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 AXIS Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AXIS Capital 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 AXIS Capital 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.
Pair CorrelationCorrelation Matching
When determining whether AXIS Capital Holdings is a strong investment it is important to analyze AXIS Capital's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact AXIS Capital's future performance. For an informed investment choice regarding AXIS Stock, refer to the following important reports:
Check out AXIS Capital Piotroski F Score and AXIS Capital Altman Z Score analysis.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Complementary Tools for AXIS Stock analysis

When running AXIS Capital's price analysis, check to measure AXIS Capital'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 AXIS Capital is operating at the current time. Most of AXIS Capital's value examination focuses on studying past and present price action to predict the probability of AXIS Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AXIS Capital's price. Additionally, you may evaluate how the addition of AXIS Capital to your portfolios can decrease your overall portfolio volatility.
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Is AXIS Capital'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 AXIS Capital. If investors know AXIS 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 AXIS Capital 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
4.226
Dividend Share
1.76
Earnings Share
4.02
Revenue Per Share
66.282
Quarterly Revenue Growth
0.023
The market value of AXIS Capital Holdings is measured differently than its book value, which is the value of AXIS that is recorded on the company's balance sheet. Investors also form their own opinion of AXIS Capital's value that differs from its market value or its book value, called intrinsic value, which is AXIS Capital'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 AXIS Capital's market value can be influenced by many factors that don't directly affect AXIS Capital'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 AXIS Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if AXIS Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AXIS Capital'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.