Akoustis Technologies Stock Probability of Future Stock Price Finishing Over 27.49
| AKTS Stock | USD 0.10 0.01 9.09% |
Akoustis |
Akoustis Technologies Target Price Odds to finish over 27.49
The tendency of Akoustis Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 27.49 or more in 90 days |
| 0.10 | 90 days | 27.49 | close to zero percent |
Based on a normal probability distribution, the odds of Akoustis Technologies to move over $ 27.49 or more in 90 days from now is close to zero percent (This Akoustis Technologies probability density function shows the probability of Akoustis Stock to fall within a particular range of prices over 90 days) . Probability of Akoustis Technologies price to stay between its current price of $ 0.10 and $ 27.49 at the end of the 90-day period is about 1.87 .
Given the investment horizon of 90 days Akoustis Technologies has a beta of -1.48. This suggests as returns on its benchmark rise, returns on holding Akoustis Technologies are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Akoustis Technologies is expected to outperform its benchmark. Additionally Akoustis Technologies has an alpha of 0.8721, implying that it can generate a 0.87 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Akoustis Technologies Price Density |
| Price |
Predictive Modules for Akoustis Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Akoustis Technologies. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Akoustis Technologies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Akoustis Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Akoustis Technologies is not an exception. The market had few large corrections towards the Akoustis Technologies' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Akoustis Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Akoustis Technologies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.87 | |
β | Beta against Dow Jones | -1.48 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.06 |
Akoustis Technologies Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Akoustis Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Akoustis Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Akoustis Technologies is way too risky over 90 days horizon | |
| Akoustis Technologies has some characteristics of a very speculative penny stock | |
| Akoustis Technologies appears to be risky and price may revert if volatility continues | |
| Akoustis Technologies has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 27.38 M. Net Loss for the year was (167.95 M) with loss before overhead, payroll, taxes, and interest of (3.12 M). | |
| Akoustis Technologies currently holds about 80.48 M in cash with (40.35 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.41, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Akoustis Technologies has a frail financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: 12 Information Technology Stocks Moving In Thursdays Pre-Market Session - Benzinga |
Akoustis Technologies Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Akoustis Stock often depends not only on the future outlook of the current and potential Akoustis Technologies' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Akoustis Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 89.1 M | |
| Cash And Short Term Investments | 24.4 M |
Akoustis Technologies Technical Analysis
Akoustis Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. Akoustis Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Akoustis Technologies. In general, you should focus on analyzing Akoustis Stock price patterns and their correlations with different microeconomic environments and drivers.
Akoustis Technologies Predictive Forecast Models
Akoustis Technologies' time-series forecasting models is one of many Akoustis Technologies' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Akoustis Technologies' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Akoustis Technologies
Checking the ongoing alerts about Akoustis Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Akoustis Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Akoustis Technologies is way too risky over 90 days horizon | |
| Akoustis Technologies has some characteristics of a very speculative penny stock | |
| Akoustis Technologies appears to be risky and price may revert if volatility continues | |
| Akoustis Technologies has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 27.38 M. Net Loss for the year was (167.95 M) with loss before overhead, payroll, taxes, and interest of (3.12 M). | |
| Akoustis Technologies currently holds about 80.48 M in cash with (40.35 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.41, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Akoustis Technologies has a frail financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: 12 Information Technology Stocks Moving In Thursdays Pre-Market Session - Benzinga |
Additional Tools for Akoustis Stock Analysis
When running Akoustis Technologies' price analysis, check to measure Akoustis Technologies' 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 Akoustis Technologies is operating at the current time. Most of Akoustis Technologies' value examination focuses on studying past and present price action to predict the probability of Akoustis Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Akoustis Technologies' price. Additionally, you may evaluate how the addition of Akoustis Technologies to your portfolios can decrease your overall portfolio volatility.