Akoustis Technologies Stock Price on September 28, 2023
| AKTS Stock | USD 0.1 0.01 7.81% |
Below is the normalized historical share price chart for Akoustis Technologies extending back to May 28, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Akoustis Technologies stands at 0.1, as last reported on the 27th of November, with the highest price reaching 0.10 and the lowest price hitting 0.09 during the day.
If you're considering investing in Akoustis Stock, it is important to understand the factors that can impact its price. Akoustis Technologies appears to be out of control, given 3 months investment horizon. Akoustis Technologies secures Sharpe Ratio (or Efficiency) of 0.0685, which signifies that the company had a 0.0685% return per unit of risk over the last 3 months. By analyzing Akoustis Technologies' technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please makes use of Akoustis Technologies' Downside Deviation of 8.37, mean deviation of 6.64, and Risk Adjusted Performance of 0.0293 to double-check if our risk estimates are consistent with your expectations.
At this time, Akoustis Technologies' Common Stock Total Equity is comparatively stable compared to the past year. Common Stock is likely to gain to about 129.2 K in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 62.4 M in 2024. . At this time, Akoustis Technologies' Price To Sales Ratio is comparatively stable compared to the past year. Price Book Value Ratio is likely to gain to 6,961 in 2024, whereas Price Earnings To Growth Ratio is likely to drop (0.02) in 2024. Akoustis Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 14th of March 2017 | 200 Day MA 0.2935 | 50 Day MA 0.0669 | Beta 1.689 |
Akoustis |
Sharpe Ratio = 0.0685
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Estimated Market Risk
| 8.89 actual daily | 79 79% of assets are less volatile |
Expected Return
| 0.61 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Akoustis Technologies is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Akoustis Technologies by adding it to a well-diversified portfolio.
Price Book 0.1738 | Enterprise Value Ebitda (1.54) | Price Sales 0.5132 | Shares Float 150.7 M | Wall Street Target Price 0.75 |
Akoustis Technologies Valuation on September 28, 2023
It is possible to determine the worth of Akoustis Technologies on a given historical date. On September 28, 2023 Akoustis was worth 0.78 at the beginning of the trading date compared to the closed value of 0.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Akoustis Technologies stock. Still, in general, we apply an absolute valuation method to find Akoustis Technologies' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Akoustis Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Akoustis Technologies' related companies.
| Open | High | Low | Close | Volume | |
| 0.76 | 0.80 | 0.75 | 0.78 | 460,464 | |
09/28/2023 | 0.78 | 0.84 | 0.76 | 0.79 | 516,661 |
| 0.81 | 0.85 | 0.75 | 0.75 | 394,160 |
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Akoustis Technologies Trading Date Momentum on September 28, 2023
| On September 29 2023 Akoustis Technologies was traded for 0.75 at the closing time. The top price for the day was 0.85 and the lowest listed price was 0.75 . The trading volume for the day was 394.2 K. The trading history from September 29, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 5.06% . The overall trading delta against the current closing price is 10.13% . |
Akoustis Technologies Fundamentals Correlations and Trends
By evaluating Akoustis Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Akoustis Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Akoustis financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Akoustis Technologies Stock history
Akoustis Technologies investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Akoustis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Akoustis Technologies will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Akoustis Technologies stock prices may prove useful in developing a viable investing in Akoustis Technologies
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 89.1 M | 93.5 M | |
| Net Loss | -57.2 M | -54.3 M |
Akoustis Technologies Stock Technical Analysis
Akoustis Technologies technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Akoustis Technologies Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Akoustis Technologies cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Akoustis Technologies November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Akoustis Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Akoustis Technologies shares will generate the highest return on investment. By undertsting and applying Akoustis Technologies stock market strength indicators, traders can identify Akoustis Technologies entry and exit signals to maximize returns
Akoustis Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Akoustis Technologies' price direction in advance. Along with the technical and fundamental analysis of Akoustis Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Akoustis to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0293 | |||
| Jensen Alpha | 0.3556 | |||
| Total Risk Alpha | (1.15) | |||
| Sortino Ratio | 0.0124 | |||
| Treynor Ratio | (0.20) |
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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.