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Axis Real Estate Investment Trust
Buy, Hold or Sell?

Let's analyse Axis Real Estate Investment Trust together

PenkeI guess you are interested in Axis Real Estate Investment Trust. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Axis Real Estate Investment Trust. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Axis Real Estate Investment Trust (30 sec.)










What can you expect buying and holding a share of Axis Real Estate Investment Trust? (30 sec.)

How much money do you get?

How much money do you get?
RM0.01
When do you have the money?
1 year
How often do you get paid?
90.0%

What is your share worth?

Current worth
RM1.62
Expected worth in 1 year
RM1.76
How sure are you?
97.5%

+ What do you gain per year?

Total Gains per Share
RM0.21
Return On Investment
11.5%

For what price can you sell your share?

Current Price per Share
RM1.81
Expected price per share
RM1.7748 - RM1.8047
How sure are you?
50%

1. Valuation of Axis Real Estate Investment Trust (5 min.)




Live pricePrice per Share (EOD)

RM1.81

2. Growth of Axis Real Estate Investment Trust (5 min.)




Is Axis Real Estate Investment Trust growing?

Current yearPrevious yearGrowGrow %
How rich?$597.4m$539.3m$44.1m7.6%

How much money is Axis Real Estate Investment Trust making?

Current yearPrevious yearGrowGrow %
Making money$1.2m$9.5m-$8.2m-670.4%
Net Profit Margin44.1%62.7%--

How much money comes from the company's main activities?

3. Financial Health of Axis Real Estate Investment Trust (5 min.)




What can you expect buying and holding a share of Axis Real Estate Investment Trust? (5 min.)

Welcome investor! Axis Real Estate Investment Trust's management wants to use your money to grow the business. In return you get a share of Axis Real Estate Investment Trust.

What can you expect buying and holding a share of Axis Real Estate Investment Trust?

First you should know what it really means to hold a share of Axis Real Estate Investment Trust. And how you can make/lose money.

Speculation

The Price per Share of Axis Real Estate Investment Trust is RM1.81. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Axis Real Estate Investment Trust.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Axis Real Estate Investment Trust, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is RM1.62. Based on the TTM, the Book Value Change Per Share is RM0.04 per quarter. Based on the YOY, the Book Value Change Per Share is RM0.01 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is RM0.02 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Axis Real Estate Investment Trust.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 RM% of Price per ShareRM% of Price per ShareRM% of Price per ShareRM% of Price per ShareRM% of Price per Share
Usd Eps-0.01-0.4%0.000.1%0.010.3%0.000.3%0.000.2%
Usd Book Value Change Per Share0.010.6%0.010.4%0.000.1%0.010.4%0.010.3%
Usd Dividend Per Share0.000.0%0.000.2%0.000.3%0.000.2%0.000.2%
Usd Total Gains Per Share0.010.6%0.010.6%0.010.3%0.010.6%0.010.5%
Usd Price Per Share0.38-0.39-0.39-0.40-0.43-
Price to Earnings Ratio-11.90-14.29-17.55-20.39-27.83-
Price-to-Total Gains Ratio37.44-55.34-66.72-73.76-208.45-
Price to Book Ratio1.11-1.16-1.28-1.48-2.22-
Price-to-Total Gains Ratio37.44-55.34-66.72-73.76-208.45-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.382634
Number of shares2613
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.010.01
Usd Total Gains Per Share0.010.01
Gains per Quarter (2613 shares)28.7728.77
Gains per Year (2613 shares)115.07115.09
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
135801054273105
26916122083147220
3104241335125220335
4139321450167294450
5174402565208367565
6208482680250441680
7243562795291514795
8278643910333588910
931372310253756611025
1034780311404167351140

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share3.01.00.075.0%11.01.00.091.7%19.01.00.095.0%39.01.00.097.5%47.01.00.097.9%
Book Value Change Per Share3.01.00.075.0%10.02.00.083.3%14.06.00.070.0%30.010.00.075.0%36.012.00.075.0%
Dividend per Share3.00.01.075.0%11.00.01.091.7%19.00.01.095.0%36.00.04.090.0%44.00.04.091.7%
Total Gains per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%39.01.00.097.5%47.01.00.097.9%

Fundamentals of Axis Real Estate Investment Trust

About Axis Real Estate Investment Trust

Axis Real Estate Investment Trust ("Axis-REIT"), Malaysia's first real estate investment trust, was listed on Bursa Securities on 3 August 2005. Having been reclassified as an Islamic REIT on 11 December 2008, all acquisitions by Axis-REIT are Shariah compliant. It currently has a diverse portfolio of 62 properties strategically located in the Klang Valley, Johor, Penang, Pahang, Negeri Sembilan and Kedah. Axis REIT Managers Berhad is the Manager of Axis-REIT while RHB Trustees Berhad is the latter's trustee. Axis-REIT has a solid industrial space portfolio where 93% of the properties are on industrial titles. As at 30 June 2023, the occupancy rate of Axis-REIT's portfolio stood at 89% with a weighted average lease expiry period of 5 years, based on rental. As at 30 June 2023, the space under management is 12.7 million square feet and total asset value of RM4.4 billion.

Fundamental data was last updated by Penke on 2024-03-27 21:53:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is unable to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Axis Real Estate Investment Trust.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Axis Real Estate Investment Trust earns for each RM1 of revenue.

  • Above 10% is considered healthy but always compare Axis Real Estate Investment Trust to the REIT - Diversified industry mean.
  • A Net Profit Margin of 49.0% means that RM0.49 for each RM1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Axis Real Estate Investment Trust:

  • The MRQ is 49.0%. The company is making a huge profit. +2
  • The TTM is 44.1%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ49.0%TTM44.1%+4.9%
TTM44.1%YOY62.7%-18.6%
TTM44.1%5Y66.7%-22.5%
5Y66.7%10Y69.1%-2.4%
1.1.2. Return on Assets

Shows how efficient Axis Real Estate Investment Trust is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Axis Real Estate Investment Trust to the REIT - Diversified industry mean.
  • -1.5% Return on Assets means that Axis Real Estate Investment Trust generated RM-0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Axis Real Estate Investment Trust:

  • The MRQ is -1.5%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is 0.1%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ-1.5%TTM0.1%-1.6%
TTM0.1%YOY1.1%-0.9%
TTM0.1%5Y1.1%-0.9%
5Y1.1%10Y1.2%-0.2%
1.1.3. Return on Equity

Shows how efficient Axis Real Estate Investment Trust is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Axis Real Estate Investment Trust to the REIT - Diversified industry mean.
  • -2.3% Return on Equity means Axis Real Estate Investment Trust generated RM-0.02 for each RM1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Axis Real Estate Investment Trust:

  • The MRQ is -2.3%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is 0.2%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ-2.3%TTM0.2%-2.6%
TTM0.2%YOY1.8%-1.5%
TTM0.2%5Y1.7%-1.5%
5Y1.7%10Y1.9%-0.2%

1.2. Operating Efficiency of Axis Real Estate Investment Trust.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Axis Real Estate Investment Trust is operating .

  • Measures how much profit Axis Real Estate Investment Trust makes for each RM1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Axis Real Estate Investment Trust to the REIT - Diversified industry mean.
  • An Operating Margin of 0.0% means the company generated RM0.00  for each RM1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Axis Real Estate Investment Trust:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM52.1%-52.1%
TTM52.1%YOY73.0%-20.9%
TTM52.1%5Y82.8%-30.7%
5Y82.8%10Y86.8%-4.0%
1.2.2. Operating Ratio

Measures how efficient Axis Real Estate Investment Trust is keeping operating costs low.

  • Below 1 is considered healthy (always compare to REIT - Diversified industry mean).
  • An Operation Ratio of 0.38 means that the operating costs are RM0.38 for each RM1 in net sales.

Let's take a look of the Operating Ratio trends of Axis Real Estate Investment Trust:

  • The MRQ is 0.384. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.319. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.384TTM0.319+0.065
TTM0.319YOY0.247+0.073
TTM0.3195Y0.260+0.059
5Y0.26010Y0.257+0.003

1.3. Liquidity of Axis Real Estate Investment Trust.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Axis Real Estate Investment Trust is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to REIT - Diversified industry mean).
  • A Current Ratio of -12.58 means the company has RM-12.58 in assets for each RM1 in short-term debts.

Let's take a look of the Current Ratio trends of Axis Real Estate Investment Trust:

  • The MRQ is -12.579. The company is unable to pay all its short-term debts. -2
  • The TTM is -3.077. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ-12.579TTM-3.077-9.503
TTM-3.077YOY0.111-3.187
TTM-3.0775Y-0.495-2.582
5Y-0.49510Y-0.188-0.307
1.3.2. Quick Ratio

Measures if Axis Real Estate Investment Trust is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Axis Real Estate Investment Trust to the REIT - Diversified industry mean.
  • A Quick Ratio of -12.58 means the company can pay off RM-12.58 for each RM1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Axis Real Estate Investment Trust:

  • The MRQ is -12.579. The company is unable to pay all its short-term debts with the most liquid assets. -2
  • The TTM is -3.039. The company is unable to pay all its short-term debts with the most liquid assets. -2
Trends
Current periodCompared to+/- 
MRQ-12.579TTM-3.039-9.540
TTM-3.039YOY0.145-3.184
TTM-3.0395Y-0.468-2.571
5Y-0.46810Y-0.213-0.255

1.4. Solvency of Axis Real Estate Investment Trust.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Axis Real Estate Investment Trust assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Axis Real Estate Investment Trust to REIT - Diversified industry mean.
  • A Debt to Asset Ratio of 0.38 means that Axis Real Estate Investment Trust assets are financed with 37.5% credit (debt) and the remaining percentage (100% - 37.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Axis Real Estate Investment Trust:

  • The MRQ is 0.375. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.375. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.375TTM0.375+0.000
TTM0.375YOY0.374+0.001
TTM0.3755Y0.377-0.002
5Y0.37710Y0.376+0.001
1.4.2. Debt to Equity Ratio

Measures if Axis Real Estate Investment Trust is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Axis Real Estate Investment Trust to the REIT - Diversified industry mean.
  • A Debt to Equity ratio of 60.0% means that company has RM0.60 debt for each RM1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Axis Real Estate Investment Trust:

  • The MRQ is 0.600. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.600. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.600TTM0.600+0.000
TTM0.600YOY0.6000.000
TTM0.6005Y0.610-0.010
5Y0.61010Y0.605+0.005

2. Market Valuation of Axis Real Estate Investment Trust

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every RM1 in earnings Axis Real Estate Investment Trust generates.

  • Above 15 is considered overpriced but always compare Axis Real Estate Investment Trust to the REIT - Diversified industry mean.
  • A PE ratio of -11.90 means the investor is paying RM-11.90 for every RM1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Axis Real Estate Investment Trust:

  • The EOD is -12.029. Based on the earnings, the company is expensive. -2
  • The MRQ is -11.896. Based on the earnings, the company is expensive. -2
  • The TTM is 14.287. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD-12.029MRQ-11.896-0.133
MRQ-11.896TTM14.287-26.183
TTM14.287YOY17.555-3.268
TTM14.2875Y20.386-6.099
5Y20.38610Y27.832-7.446
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Axis Real Estate Investment Trust:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM12.282-12.282
TTM12.282YOY16.483-4.201
TTM12.2825Y16.318-4.036
5Y16.31810Y15.635+0.684
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Axis Real Estate Investment Trust is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to REIT - Diversified industry mean).
  • A PB ratio of 1.11 means the investor is paying RM1.11 for each RM1 in book value.

Let's take a look of the Price to Book Ratio trends of Axis Real Estate Investment Trust:

  • The EOD is 1.119. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.107. Based on the equity, the company is underpriced. +1
  • The TTM is 1.162. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.119MRQ1.107+0.012
MRQ1.107TTM1.162-0.055
TTM1.162YOY1.277-0.115
TTM1.1625Y1.482-0.320
5Y1.48210Y2.218-0.736
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Axis Real Estate Investment Trust compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0480.036+31%0.006+651%0.033+44%0.026+86%
Book Value Per Share--1.6171.580+2%1.460+11%1.308+24%1.046+55%
Current Ratio---12.579-3.077-76%0.111-11473%-0.495-96%-0.188-99%
Debt To Asset Ratio--0.3750.375+0%0.374+0%0.377-1%0.3760%
Debt To Equity Ratio--0.6000.600+0%0.6000%0.610-2%0.605-1%
Dividend Per Share---0.016-100%0.022-100%0.019-100%0.015-100%
Eps---0.0380.006-729%0.027-238%0.022-268%0.020-290%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Market Cap3162956986.880+1%3128007185.9203206644238.080-2%3259068939.520-4%3298387465.600-5%3570383105.880-12%
Net Profit Margin--0.4900.441+11%0.627-22%0.667-26%0.691-29%
Operating Margin---0.521-100%0.730-100%0.828-100%0.868-100%
Operating Ratio--0.3840.319+20%0.247+56%0.260+47%0.257+49%
Pb Ratio1.119+1%1.1071.162-5%1.277-13%1.482-25%2.218-50%
Pe Ratio-12.029-1%-11.89614.287-183%17.555-168%20.386-158%27.832-143%
Price Per Share1.810+1%1.7901.835-2%1.865-4%1.888-5%2.021-11%
Price To Free Cash Flow Ratio---12.282-100%16.483-100%16.318-100%15.635-100%
Price To Total Gains Ratio37.857+1%37.43855.339-32%66.724-44%73.757-49%208.448-82%
Quick Ratio---12.579-3.039-76%0.145-8774%-0.468-96%-0.213-98%
Return On Assets---0.0150.001-1121%0.011-233%0.011-236%0.012-219%
Return On Equity---0.0230.002-1105%0.018-232%0.017-237%0.019-219%
Total Gains Per Share--0.0480.052-8%0.029+66%0.052-8%0.041+17%
Usd Book Value--597416822.800583501523.500+2%539370505.100+11%483270568.340+24%387725458.015+54%
Usd Book Value Change Per Share--0.0100.008+31%0.001+651%0.007+44%0.005+86%
Usd Book Value Per Share--0.3420.334+2%0.309+11%0.277+24%0.221+55%
Usd Dividend Per Share---0.003-100%0.005-100%0.004-100%0.003-100%
Usd Eps---0.0080.001-729%0.006-238%0.005-268%0.004-290%
Usd Free Cash Flow---8648638.250-100%12056670.500-100%9415734.860-100%8181100.725-100%
Usd Market Cap668649107.026+1%661260719.103677884591.930-2%688967173.815-4%697279110.228-5%754778988.583-12%
Usd Price Per Share0.383+1%0.3780.388-2%0.394-4%0.399-5%0.427-11%
Usd Profit---13896379.0001233466.150-1227%9502852.800-246%7886594.100-276%7150499.300-294%
Usd Revenue---28349585.6003974161.450-813%15034292.350-289%11210129.770-353%10074779.645-381%
Usd Total Gains Per Share--0.0100.011-8%0.006+66%0.011-8%0.009+17%
 EOD+5 -2MRQTTM+10 -21YOY+12 -195Y+11 -2010Y+13 -18

3.2. Fundamental Score

Let's check the fundamental score of Axis Real Estate Investment Trust based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-12.029
Price to Book Ratio (EOD)Between0-11.119
Net Profit Margin (MRQ)Greater than00.490
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than1-12.579
Current Ratio (MRQ)Greater than1-12.579
Debt to Asset Ratio (MRQ)Less than10.375
Debt to Equity Ratio (MRQ)Less than10.600
Return on Equity (MRQ)Greater than0.15-0.023
Return on Assets (MRQ)Greater than0.05-0.015
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of Axis Real Estate Investment Trust based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose1.820
Total1/1 (100.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Cash And Cash Equivalents  24,331-19,7124,6191,8866,5054,80811,313-1,566,287-1,554,974
Total Current Assets  67,7948,71376,507-2,13474,373-85073,523-1,628,497-1,554,974
Cash and Short Term Investments  24,33127,42751,758-1,90249,856-6,84643,010-1,597,984-1,554,974
Income before Tax  61,613-31,31030,3034,42034,7237,77642,499-108,234-65,735
Net Income  59,930-48,07811,85222,87134,7237,77642,499-108,234-65,735
Gross Profit  57,595-6,41151,184-45750,7272,96253,689-144,513-90,824
EBITDA  59,085-10,18648,89933549,234-1,71947,515-141,945-94,430
Operating Income  58,937-10,18348,75434749,101-1,70447,397-141,827-94,430
Other Operating Expenses  17,8725,36823,240-3,13420,106-1,21818,888-70,701-51,813
Interest Expense  21,321-2,87018,451-3,84314,6081,01515,623-44,318-28,695
Net Interest Income  -15,3981,011-14,387-221-14,608-1,015-15,62344,31828,695
Total Revenue 74,177-4,42669,751-1,68668,0653,42071,485-205,589-134,104
Total Operating Expenses  1,2903,3834,673-1,9052,768-1,6761,092-9,291-8,199
Cost of Revenue  16,5821,98518,567-1,22917,33845817,796-61,076-43,280
Net Income from Continuing Operations  59,930-29,62730,3034,42034,7237,77642,499-108,234-65,735



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in MYR. All numbers in thousands.

Summary
Total Assets4,522,893
Total Liabilities1,696,891
Total Stockholder Equity2,826,002
 As reported
Total Liabilities 1,696,891
Total Stockholder Equity+ 2,826,002
Total Assets = 4,522,893

Assets

Total Assets4,522,893
Total Current Assets-1,554,974
Long-term Assets4,522,893
Total Current Assets
Cash And Cash Equivalents -1,554,974
Total Current Assets  (as reported)-1,554,974
Total Current Assets  (calculated)-1,554,974
+/-0
Long-term Assets
Property Plant Equipment 1,391
Long-term Assets Other 4,521,502
Long-term Assets  (as reported)4,522,893
Long-term Assets  (calculated)4,522,893
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities123,613
Long-term Liabilities1,573,278
Total Stockholder Equity2,826,002
Total Current Liabilities
Total Current Liabilities  (as reported)123,613
Total Current Liabilities  (calculated)0
+/- 123,613
Long-term Liabilities
Long term Debt 1,554,974
Long-term Liabilities  (as reported)1,573,278
Long-term Liabilities  (calculated)1,554,974
+/- 18,304
Total Stockholder Equity
Common Stock2,129,340
Retained Earnings 31,290
Other Stockholders Equity 665,372
Total Stockholder Equity (as reported)2,826,002
Total Stockholder Equity (calculated)2,826,002
+/-0
Other
Capital Stock2,129,340
Cash and Short Term Investments -1,554,974
Common Stock Shares Outstanding 1,739,955
Liabilities and Stockholders Equity 4,522,893
Net Debt 3,109,948
Net Invested Capital 2,826,002
Net Working Capital -1,678,587
Short Long Term Debt Total 1,554,974



Balance Sheet

Currency in MYR. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-31
> Total Assets 
1,411,083
1,434,824
1,537,349
1,589,408
1,565,502
1,555,249
1,585,420
1,616,523
1,600,600
1,586,167
1,644,794
2,085,883
2,068,663
2,086,675
2,087,613
2,141,493
2,158,528
2,183,609
2,192,627
2,244,274
2,213,348
2,252,616
2,350,978
2,549,609
2,618,073
2,710,818
2,763,372
2,840,463
2,870,423
2,883,446
2,954,413
3,085,681
3,153,828
3,274,858
3,321,842
3,364,083
3,524,640
3,524,356
3,554,818
3,838,760
3,762,249
4,156,916
4,162,611
4,255,673
4,316,009
4,395,143
4,434,613
4,522,893
4,522,8934,434,6134,395,1434,316,0094,255,6734,162,6114,156,9163,762,2493,838,7603,554,8183,524,3563,524,6403,364,0833,321,8423,274,8583,153,8283,085,6812,954,4132,883,4462,870,4232,840,4632,763,3722,710,8182,618,0732,549,6092,350,9782,252,6162,213,3482,244,2742,192,6272,183,6092,158,5282,141,4932,087,6132,086,6752,068,6632,085,8831,644,7941,586,1671,600,6001,616,5231,585,4201,555,2491,565,5021,589,4081,537,3491,434,8241,411,083
   > Total Current Assets 
17,485
37,821
132,992
69,368
40,102
21,071
24,642
70,868
51,942
35,357
69,483
100,475
31,596
38,548
36,925
89,265
38,241
46,470
39,015
98,226
45,407
47,604
55,505
64,932
51,946
53,303
40,613
38,942
60,097
71,350
79,259
91,870
70,535
123,826
169,933
80,973
80,797
77,121
91,814
222,120
91,039
83,923
80,903
67,794
76,507
74,373
73,523
-1,554,974
-1,554,97473,52374,37376,50767,79480,90383,92391,039222,12091,81477,12180,79780,973169,933123,82670,53591,87079,25971,35060,09738,94240,61353,30351,94664,93255,50547,60445,40798,22639,01546,47038,24189,26536,92538,54831,596100,47569,48335,35751,94270,86824,64221,07140,10269,368132,99237,82117,485
       Cash And Cash Equivalents 
5,558
25,498
19,435
42,616
11,202
10,001
5,602
34,523
7,244
10,900
6,679
89,816
11,696
16,903
8,807
29,735
8,301
10,530
6,357
32,992
10,511
10,878
6,707
23,037
9,208
11,430
8,270
18,014
13,737
12,762
15,869
32,990
13,658
14,818
15,437
23,553
14,673
13,769
18,689
170,910
17,550
22,656
14,790
24,331
4,619
6,505
11,313
-1,554,974
-1,554,97411,3136,5054,61924,33114,79022,65617,550170,91018,68913,76914,67323,55315,43714,81813,65832,99015,86912,76213,73718,0148,27011,4309,20823,0376,70710,87810,51132,9926,35710,5308,30129,7358,80716,90311,69689,8166,67910,9007,24434,5235,60210,00111,20242,61619,43525,4985,558
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,202
50,723
18,835
25,941
19,026
27,133
35,256
172,452
32,522
33,665
29,942
21,064
47,139
43,351
31,697
0
031,69743,35147,13921,06429,94233,66532,522172,45235,25627,13319,02625,94118,83550,7232,20200000000000000000000000000000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
0
8,000
9,000
5,000
17,000
0
0
0
0
0
0
0
0
0
0
0
20,321
28,355
43,835
39,325
35,120
38,730
135,661
41,165
47,098
36,219
37,869
26,166
40,967
27,602
36,171
24,279
24,749
24,517
30,513
0
030,51324,51724,74924,27936,17127,60240,96726,16637,86936,21947,09841,165135,66138,73035,12039,32543,83528,35520,3210000000000017,0005,0009,0008,0000000000000000
       Other Current Assets 
11,927
12,323
113,557
26,752
28,900
11,070
19,040
36,345
44,698
24,457
62,804
10,659
19,900
21,645
28,118
59,530
29,940
35,940
32,658
65,234
34,896
36,726
48,798
41,895
42,738
41,873
32,343
20,928
46,360
58,588
63,390
58,880
54,675
58,285
135,661
57,420
47,098
36,219
37,869
51,210
40,967
27,602
36,171
11,007
47,139
0
0
0
00047,13911,00736,17127,60240,96751,21037,86936,21947,09857,420135,66158,28554,67558,88063,39058,58846,36020,92832,34341,87342,73841,89548,79836,72634,89665,23432,65835,94029,94059,53028,11821,64519,90010,65962,80424,45744,69836,34519,04011,07028,90026,752113,55712,32311,927
   > Long-term Assets 
1,393,598
1,397,003
1,404,357
1,520,040
1,525,400
1,534,178
1,560,778
1,545,655
1,548,658
1,550,810
1,575,311
1,985,408
2,037,067
2,048,127
2,050,688
2,052,228
2,120,287
2,137,139
2,153,612
2,146,048
2,167,941
2,205,012
2,295,473
2,484,677
2,566,127
2,657,515
2,722,759
2,801,521
2,810,326
2,812,096
2,875,154
2,993,811
3,083,293
3,151,032
3,151,909
3,283,110
3,443,843
3,447,235
3,463,004
3,616,640
3,671,210
4,072,993
4,081,708
4,187,879
4,239,502
4,320,770
4,361,090
4,522,893
4,522,8934,361,0904,320,7704,239,5024,187,8794,081,7084,072,9933,671,2103,616,6403,463,0043,447,2353,443,8433,283,1103,151,9093,151,0323,083,2932,993,8112,875,1542,812,0962,810,3262,801,5212,722,7592,657,5152,566,1272,484,6772,295,4732,205,0122,167,9412,146,0482,153,6122,137,1392,120,2872,052,2282,050,6882,048,1272,037,0671,985,4081,575,3111,550,8101,548,6581,545,6551,560,7781,534,1781,525,4001,520,0401,404,3571,397,0031,393,598
       Property Plant Equipment 
614
603
602
521
508
917
1,483
2,407
2,451
2,513
2,895
2,821
2,884
3,445
3,712
3,602
3,497
3,658
3,802
2,899
2,794
2,689
2,583
2,477
2,427
2,412
3,152
3,021
3,003
3,112
3,351
3,201
3,125
3,064
2,910
2,870
2,776
2,671
2,571
2,410
2,263
2,146
2,006
1,859
1,714
1,582
1,489
1,391
1,3911,4891,5821,7141,8592,0062,1462,2632,4102,5712,6712,7762,8702,9103,0643,1253,2013,3513,1123,0033,0213,1522,4122,4272,4772,5832,6892,7942,8993,8023,6583,4973,6023,7123,4452,8842,8212,8952,5132,4512,4071,483917508521602603614
       Long-term Assets Other 
1,392,984
1,396,400
1,403,755
1,519,519
1,524,892
1,533,261
1,559,295
1,543,248
1,546,207
1,548,297
1,572,416
1,982,587
2,034,183
2,044,682
2,046,976
2,048,626
2,116,790
2,133,481
2,149,810
2,143,149
2,165,147
2,202,323
2,292,890
2,482,200
2,563,700
2,655,103
2,719,607
2,798,500
2,807,323
2,808,984
2,871,803
2,990,610
3,080,168
3,147,968
3,148,999
3,280,240
3,441,067
3,444,564
3,460,433
3,614,230
3,668,947
4,070,847
4,079,702
4,186,020
4,237,788
4,319,188
4,359,601
4,521,502
4,521,5024,359,6014,319,1884,237,7884,186,0204,079,7024,070,8473,668,9473,614,2303,460,4333,444,5643,441,0673,280,2403,148,9993,147,9683,080,1682,990,6102,871,8032,808,9842,807,3232,798,5002,719,6072,655,1032,563,7002,482,2002,292,8902,202,3232,165,1472,143,1492,149,8102,133,4812,116,7902,048,6262,046,9762,044,6822,034,1831,982,5871,572,4161,548,2971,546,2071,543,2481,559,2951,533,2611,524,8921,519,5191,403,7551,396,4001,392,984
> Total Liabilities 
451,809
475,868
571,620
599,703
580,339
557,925
572,405
587,883
571,247
551,532
594,639
759,514
726,069
734,633
734,991
789,008
802,914
806,042
801,260
851,303
820,939
860,702
950,488
958,473
1,006,845
1,096,672
1,144,133
1,176,382
1,210,061
1,223,113
1,297,132
1,006,917
1,049,856
1,139,766
1,184,647
1,241,079
1,394,413
1,395,016
1,423,143
1,311,439
1,230,665
1,606,768
1,610,496
1,683,834
1,579,396
1,659,499
1,692,162
1,696,891
1,696,8911,692,1621,659,4991,579,3961,683,8341,610,4961,606,7681,230,6651,311,4391,423,1431,395,0161,394,4131,241,0791,184,6471,139,7661,049,8561,006,9171,297,1321,223,1131,210,0611,176,3821,144,1331,096,6721,006,845958,473950,488860,702820,939851,303801,260806,042802,914789,008734,991734,633726,069759,514594,639551,532571,247587,883572,405557,925580,339599,703571,620475,868451,809
   > Total Current Liabilities 
273,031
345,096
331,004
364,579
344,756
322,520
276,663
299,090
282,540
255,299
296,336
459,096
358,238
365,581
364,699
427,827
438,603
441,048
431,321
474,032
450,953
489,463
661,124
668,645
716,114
801,469
844,138
868,407
672,063
596,877
670,914
453,185
489,450
576,979
621,077
673,581
773,968
805,620
734,725
612,917
535,688
903,731
797,593
867,210
766,941
841,746
873,536
123,613
123,613873,536841,746766,941867,210797,593903,731535,688612,917734,725805,620773,968673,581621,077576,979489,450453,185670,914596,877672,063868,407844,138801,469716,114668,645661,124489,463450,953474,032431,321441,048438,603427,827364,699365,581358,238459,096296,336255,299282,540299,090276,663322,520344,756364,579331,004345,096273,031
       Short-term Debt 
0
0
0
0
322,685
298,685
260,385
264,147
257,191
239,191
285,191
419,335
342,142
347,106
350,825
400,832
413,874
413,850
413,832
449,811
420,401
445,546
611,107
596,764
666,420
744,294
785,454
813,500
614,618
537,607
616,779
385,582
434,566
512,552
560,543
611,540
718,540
0
678,343
560,416
483,489
854,534
755,540
812,540
710,540
752,540
795,530
0
0795,530752,540710,540812,540755,540854,534483,489560,416678,3430718,540611,540560,543512,552434,566385,582616,779537,607614,618813,500785,454744,294666,420596,764611,107445,546420,401449,811413,832413,850413,874400,832350,825347,106342,142419,335285,191239,191257,191264,147260,385298,685322,6850000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
678,000
682,000
732,000
745,000
0
0
0
0
0
0
0
0
0
0
0
0
537,607
0
385,478
0
0
0
611,500
0
0
0
560,376
0
0
755,540
812,500
710,540
752,540
795,530
0
0795,530752,540710,540812,500755,54000560,376000611,500000385,4780537,607000000000000745,000732,000682,000678,0000000000000000
       Accounts payable 
15,703
14,398
14,032
23,718
22,071
23,835
16,278
4,422
25,349
16,108
11,145
4,746
16,096
18,475
13,874
3,167
24,729
27,198
17,489
7,021
30,552
43,917
50,017
34,375
49,694
57,175
58,684
9,657
57,445
59,270
54,135
25,373
54,884
64,427
60,534
26,576
55,428
49,220
56,382
8,421
52,199
0
0
19,843
0
0
0
0
000019,8430052,1998,42156,38249,22055,42826,57660,53464,42754,88425,37354,13559,27057,4459,65758,68457,17549,69434,37550,01743,91730,5527,02117,48927,19824,7293,16713,87418,47516,0964,74611,14516,10825,3494,42216,27823,83522,07123,71814,03214,39815,703
       Other Current Liabilities 
257,328
330,698
316,972
340,861
0
0
0
30,521
0
0
0
35,015
0
18,000
14,000
23,828
25,000
0
0
17,200
0
0
0
37,506
0
0
0
45,250
0
0
0
42,230
0
0
0
35,465
55,428
805,620
56,382
44,080
0
49,197
42,053
34,827
56,401
89,206
78,006
0
078,00689,20656,40134,82742,05349,197044,08056,382805,62055,42835,46500042,23000045,25000037,50600017,2000025,00023,82814,00018,000035,01500030,521000340,861316,972330,698257,328
   > Long-term Liabilities 
178,778
130,772
240,616
235,124
235,583
235,405
295,742
288,793
288,707
296,233
298,303
300,418
367,831
369,052
370,292
361,181
364,311
364,994
369,939
377,271
369,986
371,239
289,364
289,828
290,731
295,203
299,995
307,975
537,998
626,236
626,218
553,732
560,406
562,787
563,570
567,498
620,445
589,396
688,418
698,522
694,977
703,037
812,903
816,624
812,455
817,753
818,626
1,573,278
1,573,278818,626817,753812,455816,624812,903703,037694,977698,522688,418589,396620,445567,498563,570562,787560,406553,732626,218626,236537,998307,975299,995295,203290,731289,828289,364371,239369,986377,271369,939364,994364,311361,181370,292369,052367,831300,418298,303296,233288,707288,793295,742235,405235,583235,124240,616130,772178,778
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
485,341
569,903
570,008
500,277
500,373
0
0
500,643
550,736
523,837
624,106
624,177
624,242
624,312
733,385
733,480
733,576
740,182
740,317
0
0740,317740,182733,576733,480733,385624,312624,242624,177624,106523,837550,736500,64300500,373500,277570,008569,903485,3410000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
79,518
83,144
78,879
0
0
0
00078,87983,14479,518000000000000000000000000000000000000000000
> Total Stockholder Equity
959,274
958,956
965,729
989,705
985,163
997,324
1,013,015
1,028,640
1,029,353
1,034,635
1,050,155
1,326,369
1,342,594
1,352,042
1,352,622
1,352,485
1,355,614
1,377,567
1,391,367
1,392,971
1,392,409
1,391,914
1,400,490
1,591,136
1,611,228
1,614,146
1,619,239
1,664,081
1,660,362
1,660,333
1,657,281
2,078,764
2,103,972
2,135,092
2,137,195
2,123,004
2,130,227
2,129,340
2,131,675
2,527,321
2,531,584
2,550,148
2,552,115
2,571,839
2,736,613
2,735,644
2,742,451
2,826,002
2,826,0022,742,4512,735,6442,736,6132,571,8392,552,1152,550,1482,531,5842,527,3212,131,6752,129,3402,130,2272,123,0042,137,1952,135,0922,103,9722,078,7641,657,2811,660,3331,660,3621,664,0811,619,2391,614,1461,611,2281,591,1361,400,4901,391,9141,392,4091,392,9711,391,3671,377,5671,355,6141,352,4851,352,6221,352,0421,342,5941,326,3691,050,1551,034,6351,029,3531,028,6401,013,015997,324985,163989,705965,729958,956959,274
   Common Stock
728,217
728,217
735,429
735,429
735,429
743,636
743,636
750,966
750,966
758,810
758,810
1,044,664
1,045,515
1,045,515
1,045,258
1,052,272
1,052,277
1,060,326
1,060,326
1,060,320
1,060,320
1,060,320
1,060,320
1,240,253
1,240,253
1,240,253
1,240,253
1,247,069
1,247,069
1,247,069
1,247,069
1,583,791
1,595,506
1,595,506
1,595,506
1,595,506
1,603,219
1,603,219
1,603,219
1,934,322
1,934,322
1,945,655
1,945,655
1,945,655
2,118,603
2,118,603
2,118,603
2,129,340
2,129,3402,118,6032,118,6032,118,6031,945,6551,945,6551,945,6551,934,3221,934,3221,603,2191,603,2191,603,2191,595,5061,595,5061,595,5061,595,5061,583,7911,247,0691,247,0691,247,0691,247,0691,240,2531,240,2531,240,2531,240,2531,060,3201,060,3201,060,3201,060,3201,060,3261,060,3261,052,2771,052,2721,045,2581,045,5151,045,5151,044,664758,810758,810750,966750,966743,636743,636735,429735,429735,429728,217728,217
   Retained Earnings 
20,017
20,315
19,554
0
20,600
21,265
21,474
0
31,315
27,632
21,949
0
20,119
21,227
21,383
300,000
19,209
19,074
18,904
0
20,725
20,507
18,530
0
19,947
20,462
25,089
0
30,735
30,592
29,397
494,973
30,183
61,267
62,809
527,498
30,918
29,576
31,862
592,999
36,367
39,722
36,989
626,184
27,278
25,326
26,933
31,290
31,29026,93325,32627,278626,18436,98939,72236,367592,99931,86229,57630,918527,49862,80961,26730,183494,97329,39730,59230,735025,08920,46219,947018,53020,50720,725018,90419,07419,209300,00021,38321,22720,119021,94927,63231,315021,47421,26520,600019,55420,31520,017
   Capital Surplus 000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
211,040
210,424
210,746
254,276
229,134
232,423
247,905
277,674
247,072
248,193
269,396
281,705
276,960
285,300
285,981
300,213
284,128
298,167
312,137
332,651
311,364
311,087
321,640
350,883
351,028
353,431
353,897
417,012
382,558
382,672
380,815
494,973
478,283
478,319
478,880
527,498
496,090
496,545
496,594
592,999
560,895
564,771
569,471
626,184
590,732
591,715
596,915
665,372
665,372596,915591,715590,732626,184569,471564,771560,895592,999496,594496,545496,090527,498478,880478,319478,283494,973380,815382,672382,558417,012353,897353,431351,028350,883321,640311,087311,364332,651312,137298,167284,128300,213285,981285,300276,960281,705269,396248,193247,072277,674247,905232,423229,134254,276210,746210,424211,040



Balance Sheet

Currency in MYR. All numbers in thousands.




Cash Flow

Currency in MYR. All numbers in thousands.




Income Statement

Currency in MYR. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue75,197
Cost of Revenue-10,421
Gross Profit64,77664,776
 
Operating Income (+$)
Gross Profit64,776
Operating Expense--7,063
Operating Income57,71371,839
 
Operating Expense (+$)
Research Development0
Selling General Administrative2,688
Selling And Marketing Expenses0
Operating Expense-7,0632,688
 
Net Interest Income (+$)
Interest Income0
Interest Expense-15,923
Other Finance Cost-0
Net Interest Income-15,923
 
Pretax Income (+$)
Operating Income57,713
Net Interest Income-15,923
Other Non-Operating Income Expenses0
Income Before Tax (EBT)41,79073,636
EBIT - interestExpense = 41,790
41,790
57,713
Interest Expense15,923
Earnings Before Interest and Taxes (EBIT)57,71357,713
Earnings Before Interest and Taxes (EBITDA)57,713
 
After tax Income (+$)
Income Before Tax41,790
Tax Provision-0
Net Income From Continuing Ops41,79041,790
Net Income41,790
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses10,421
Total Other Income/Expenses Net-15,92315,923
 

Technical Analysis of Axis Real Estate Investment Trust
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Axis Real Estate Investment Trust. The general trend of Axis Real Estate Investment Trust is UNKNOWN with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Axis Real Estate Investment Trust's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator StateBullish trend Bearish trend
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Axis Real Estate Investment Trust.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 1.7947 < 1.7991 < 1.8047.

The bearish price targets are: 1.8 > 1.79 > 1.7748.

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Axis Real Estate Investment Trust Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Axis Real Estate Investment Trust. The current mas is .

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Axis Real Estate Investment Trust Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Axis Real Estate Investment Trust.

Axis Real Estate Investment Trust Daily Moving Average Convergence/Divergence (MACD) ChartAxis Real Estate Investment Trust Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Axis Real Estate Investment Trust. The current adx is .

Axis Real Estate Investment Trust Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Axis Real Estate Investment Trust.

Axis Real Estate Investment Trust Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Axis Real Estate Investment Trust.

Axis Real Estate Investment Trust Daily Relative Strength Index (RSI) ChartAxis Real Estate Investment Trust Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Axis Real Estate Investment Trust.

Axis Real Estate Investment Trust Daily Stochastic Oscillator ChartAxis Real Estate Investment Trust Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Axis Real Estate Investment Trust.

Axis Real Estate Investment Trust Daily Commodity Channel Index (CCI) ChartAxis Real Estate Investment Trust Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Axis Real Estate Investment Trust.

Axis Real Estate Investment Trust Daily Chande Momentum Oscillator (CMO) ChartAxis Real Estate Investment Trust Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Axis Real Estate Investment Trust.

Axis Real Estate Investment Trust Daily Williams %R ChartAxis Real Estate Investment Trust Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Axis Real Estate Investment Trust.

Axis Real Estate Investment Trust Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Axis Real Estate Investment Trust.

Axis Real Estate Investment Trust Daily Average True Range (ATR) ChartAxis Real Estate Investment Trust Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Axis Real Estate Investment Trust.

Axis Real Estate Investment Trust Daily On-Balance Volume (OBV) ChartAxis Real Estate Investment Trust Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Axis Real Estate Investment Trust.

Axis Real Estate Investment Trust Daily Money Flow Index (MFI) ChartAxis Real Estate Investment Trust Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Axis Real Estate Investment Trust.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-03MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-06STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-07STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-23CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-01SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-05STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-07DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-26CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-02DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-03STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-10CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-24MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-14STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-16DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-20CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-26CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-11CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-13WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-25CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-26SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-27STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Axis Real Estate Investment Trust Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Axis Real Estate Investment Trust based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose1.820
Total1/1 (100.0%)
Penke

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