AXIS Capital Holdings Ltd
Score: Neutral (35)
1 day at current score.
Upgraded from Negative on September 27th 2018
- This company ranked positively in all 4 IHS Markit categories but was neutral compared to the Financials sector
- Perception of the company's creditworthiness is positive
- ETFs holding this stock are seeing positive inflows
- Bearish sentiment is low
- Economic output in this company's sector is expanding
Short interest | Positive
Short interest is low for AXS with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices.
ETF/Index ownership | Positive
ETF activity is positive. Over the last month, ETFs holding AXS are favorable, with net inflows of $5.41 billion. Additionally, the rate of inflows is increasing.
PMI by IHS Markit | Positive
According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is strong relative to the trend shown over the past year.
Credit default swap | Positive
The current level displays a positive indicator. AXS credit default swap spreads are near the lowest level of the last one year and indicate improvement in the market's perception of the company's credit worthiness.
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