Mitek Systems Financials
| MITK Stock | USD 10.20 0.08 0.78% |
Mitek |
Mitek Systems Stock Summary
Mitek Systems competes with Wag Group, OppFi, Riskified, Domo, and Open Text. Mitek Systems, Inc. develops, markets, and sells mobile image capture and digital identity verification solutions in the United States, Europe, Latin America, and internationally. Mitek Systems, Inc. was incorporated in 1986 and is based in San Diego, California. Mitek Systems operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 435 people.Specialization | Information Technology, Software - Application |
| Instrument | USA Stock View All |
| Exchange | NASDAQ Exchange |
| ISIN | US6067102003 |
| CUSIP | 606710200 |
| Location | California; U.S.A |
| Business Address | 600 B Street, |
| Sector | Software |
| Industry | Information Technology |
| Benchmark | Dow Jones Industrial |
| Website | www.miteksystems.com |
| Phone | 619 269 6800 |
| Currency | USD - US Dollar |
Mitek Systems Key Financial Ratios
| Return On Equity | -0.0323 | ||||
| Return On Asset | -0.007 | ||||
| Target Price | 12.7 | ||||
| Number Of Employees | 573 | ||||
| Beta | 1.08 |
Mitek Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mitek Systems's current stock value. Our valuation model uses many indicators to compare Mitek Systems value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mitek Systems competition to find correlations between indicators driving Mitek Systems's intrinsic value. More Info.Mitek Systems is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Mitek Systems by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Mitek Systems Systematic Risk
Mitek Systems' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mitek Systems volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Mitek Systems correlated with the market. If Beta is less than 0 Mitek Systems generally moves in the opposite direction as compared to the market. If Mitek Systems Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mitek Systems is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mitek Systems is generally in the same direction as the market. If Beta > 1 Mitek Systems moves generally in the same direction as, but more than the movement of the benchmark.
Mitek Systems Thematic Clasifications
Mitek Systems is part of Computers investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Computers industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
This theme covers USA Equities from Computers industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
| Computers | View |
Mitek Systems February 1, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Mitek Systems help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mitek Systems. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mitek Systems based on widely used predictive technical indicators. In general, we focus on analyzing Mitek Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mitek Systems's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.78 | |||
| Information Ratio | 0.0807 | |||
| Maximum Drawdown | 19.62 | |||
| Value At Risk | (2.82) | |||
| Potential Upside | 3.64 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mitek Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Mitek Stock please use our How to buy in Mitek Stock guide.You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Application Software space 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 Mitek Systems. If investors know Mitek 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 Mitek Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Mitek Systems is measured differently than its book value, which is the value of Mitek that is recorded on the company's balance sheet. Investors also form their own opinion of Mitek Systems' value that differs from its market value or its book value, called intrinsic value, which is Mitek Systems' 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 Mitek Systems' market value can be influenced by many factors that don't directly affect Mitek Systems' 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 Mitek Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mitek Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mitek Systems' 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.