Akoya Biosciences Stock Buy Hold or Sell Recommendation
| AKYA Stock | USD 2.12 0.01 0.47% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Akoya Biosciences is 'Hold'. Macroaxis provides Akoya Biosciences buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding AKYA positions.
Check out Akoya Biosciences Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Akoya Stock refer to our How to Trade Akoya Stock guide. In addition, we conduct extensive research on individual companies such as Akoya and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Akoya Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
Akoya |
Execute Akoya Biosciences Buy or Sell Advice
The Akoya recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Akoya Biosciences. Macroaxis does not own or have any residual interests in Akoya Biosciences or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Akoya Biosciences' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Very Weak | Details | |
Volatility | Unstable | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | High | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Akoya Biosciences Trading Alerts and Improvement Suggestions
| Akoya Biosciences generated a negative expected return over the last 90 days | |
| Akoya Biosciences has high historical volatility and very poor performance | |
| Akoya Biosciences has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 96.63 M. Net Loss for the year was (63.32 M) with profit before overhead, payroll, taxes, and interest of 43.39 M. | |
| Akoya Biosciences currently holds about 87.61 M in cash with (50.9 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.31, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Akoya Biosciences has a poor financial position based on the latest SEC disclosures | |
| Roughly 70.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from investing.com: Akoya Biosciences stock target cut, rating held on recent earnings report |
Akoya Biosciences Returns Distribution Density
The distribution of Akoya Biosciences' historical returns is an attempt to chart the uncertainty of Akoya Biosciences' future price movements. The chart of the probability distribution of Akoya Biosciences daily returns describes the distribution of returns around its average expected value. We use Akoya Biosciences price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Akoya Biosciences returns is essential to provide solid investment advice for Akoya Biosciences.
| Mean Return | -0.0026 | Value At Risk | -4.96 | Potential Upside | 9.32 | Standard Deviation | 5.76 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Akoya Biosciences historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Akoya Stock Institutional Investors
| Shares | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 216.4 K | Northern Trust Corp | 2024-09-30 | 210.5 K | Osterweis Capital Management Inc | 2024-09-30 | 126.1 K | Bridgeway Capital Management, Llc | 2024-09-30 | 105.6 K | Bank Of New York Mellon Corp | 2024-06-30 | 67.5 K | Squarepoint Ops Llc | 2024-06-30 | 65.9 K | Charles Schwab Investment Management Inc | 2024-09-30 | 63 K | Citadel Advisors Llc | 2024-09-30 | 51.8 K | Zeliff Wallace Jackson Invst Counsel Inc | 2024-09-30 | 45.3 K | Blue Water Life Science Advisors, Llc | 2024-09-30 | 4.7 M | Blackrock Inc | 2024-06-30 | 1.5 M |
Akoya Biosciences Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Akoya Biosciences or Health Care Equipment & Supplies sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Akoya Biosciences' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Akoya stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.31 | |
β | Beta against Dow Jones | 2.48 | |
σ | Overall volatility | 5.74 | |
Ir | Information ratio | -0.02 |
Akoya Biosciences Volatility Alert
Akoya Biosciences exhibits very low volatility with skewness of -0.22 and kurtosis of 4.64. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Akoya Biosciences' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Akoya Biosciences' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Akoya Biosciences Fundamentals Vs Peers
Comparing Akoya Biosciences' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Akoya Biosciences' direct or indirect competition across all of the common fundamentals between Akoya Biosciences and the related equities. This way, we can detect undervalued stocks with similar characteristics as Akoya Biosciences or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Akoya Biosciences' fundamental indicators could also be used in its relative valuation, which is a method of valuing Akoya Biosciences by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Akoya Biosciences to competition |
| Fundamentals | Akoya Biosciences | Peer Average |
| Return On Equity | -1.28 | -0.31 |
| Return On Asset | -0.18 | -0.14 |
| Profit Margin | (0.65) % | (1.27) % |
| Operating Margin | (0.47) % | (5.51) % |
| Current Valuation | 153.6 M | 16.62 B |
| Shares Outstanding | 49.56 M | 571.82 M |
| Shares Owned By Insiders | 11.09 % | 10.09 % |
| Shares Owned By Institutions | 70.18 % | 39.21 % |
| Number Of Shares Shorted | 1.6 M | 4.71 M |
| Price To Book | 7.67 X | 9.51 X |
| Price To Sales | 1.12 X | 11.42 X |
| Revenue | 96.63 M | 9.43 B |
| Gross Profit | 43.39 M | 27.38 B |
| EBITDA | (45.63 M) | 3.9 B |
| Net Income | (63.32 M) | 570.98 M |
| Cash And Equivalents | 87.61 M | 2.7 B |
| Cash Per Share | 2.31 X | 5.01 X |
| Total Debt | 85.71 M | 5.32 B |
| Debt To Equity | 0.61 % | 48.70 % |
| Current Ratio | 3.55 X | 2.16 X |
| Book Value Per Share | 1.09 X | 1.93 K |
| Cash Flow From Operations | (50.9 M) | 971.22 M |
| Short Ratio | 13.43 X | 4.00 X |
| Earnings Per Share | (1.16) X | 3.12 X |
| Target Price | 3.63 | |
| Number Of Employees | 330 | 18.84 K |
| Beta | 1.35 | -0.15 |
| Market Capitalization | 104.58 M | 19.03 B |
| Total Asset | 180.37 M | 29.47 B |
| Retained Earnings | (230.07 M) | 9.33 B |
| Working Capital | 86.44 M | 1.48 B |
| Net Asset | 180.37 M |
Note: Acquisition by Mendel Scott of 44959 shares of Akoya Biosciences at 2.68 subject to Rule 16b-3 [view details]
Akoya Biosciences Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Akoya . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Akoya Biosciences Buy or Sell Advice
When is the right time to buy or sell Akoya Biosciences? Buying financial instruments such as Akoya Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
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Check out Akoya Biosciences Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Akoya Stock refer to our How to Trade Akoya Stock guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Health Care Equipment & Supplies 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 Akoya Biosciences. If investors know Akoya 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 Akoya Biosciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.16) | Revenue Per Share 1.889 | Quarterly Revenue Growth (0.01) | Return On Assets (0.18) | Return On Equity (1.28) |
The market value of Akoya Biosciences is measured differently than its book value, which is the value of Akoya that is recorded on the company's balance sheet. Investors also form their own opinion of Akoya Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Akoya Biosciences' 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 Akoya Biosciences' market value can be influenced by many factors that don't directly affect Akoya Biosciences' 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 Akoya Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Akoya Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akoya Biosciences' 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.