The value box will update based on the aggregate interval of the processed data. For example if Axiom takes less then 61 seconds to process the aggregate interval it will update the value box at a rate of 1 second. Here is a chart of the intervals:
Less than or equal to 60 seconds, update every 1 second

Less than or equal to 1 hour, update every 5 seconds 
Less than or equal to 8 hours, update every 30 seconds 
Less than or equal to 1 day, update every 1 minute 
Less than or equal to 7 days, update every 5 minutes 
Greater than 7 days, update every 15 minutes 
If the aggregate interval has not value, update every 1 second

If the aggregate interval cannot be parsed, update every 100 days (essentially, never)

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