Airgain Stock Performance
| AIRG Stock | USD 8.94 0.01 0.11% |
On a scale of 0 to 100, Airgain holds a performance score of 9. The firm shows a Beta (market volatility) of 1.34, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Airgain will likely underperform. Please check Airgain's treynor ratio, kurtosis, relative strength index, as well as the relationship between the downside variance and day median price , to make a quick decision on whether Airgain's price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Airgain are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite nearly uncertain basic indicators, Airgain reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 2.91 | Five Day Return 2.56 | Year To Date Return 155.83 | Ten Year Return 15.13 | All Time Return 15.13 |
1 | Viasat Launches Enhanced LAISR Solution Will the Stock Benefit | 09/05/2024 |
2 | Those who invested in Airgain a year ago are up 102 | 09/26/2024 |
3 | Airgain Sets Third Quarter 2024 Earnings Call for Tuesday, November 12, 2024 at 500 p.m. ET | 10/14/2024 |
4 | Acquisition by Jacob Suen of 1258 shares of Airgain subject to Rule 16b-3 | 11/04/2024 |
5 | AudioCodes Q3 Earnings and Revenues Lag Estimates | 11/06/2024 |
6 | Samenvatting Airgain lanceert zijn eerste gentegreerde oplossing voor AT-Flight Asset Tracking met kunstmatige intelligentie | 11/07/2024 |
7 | Airgain Non-GAAP EPS of 0.00 beats by 0.01, revenue of 16.1M beats by 0.1M | 11/12/2024 |
8 | Airgain, Inc. surges 12 retail investors who own 48 percent shares profited along with institutions | 11/13/2024 |
9 | Earnings call Airgain reports Q3 growth, eyes 5G and asset tracking markets | 11/15/2024 |
10 | Disposition of 6777 shares by Michael Elbaz of Airgain at 9.093 subject to Rule 16b-3 | 11/18/2024 |
| Begin Period Cash Flow | 12.1 M |
Airgain |
Airgain Relative Risk vs. Return Landscape
If you would invest 725.00 in Airgain on August 28, 2024 and sell it today you would earn a total of 169.00 from holding Airgain or generate 23.31% return on investment over 90 days. Airgain is currently generating 0.3802% in daily expected returns and assumes 3.0792% risk (volatility on return distribution) over the 90 days horizon. In different words, 27% of stocks are less volatile than Airgain, and 93% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Airgain Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Airgain's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Airgain, and traders can use it to determine the average amount a Airgain's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1235
| Best Portfolio | Best Equity | |||
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| Small Returns | AIRG | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.08 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.38 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Airgain is performing at about 9% 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 Airgain by adding it to a well-diversified portfolio.
Airgain Fundamentals Growth
Airgain Stock prices reflect investors' perceptions of the future prospects and financial health of Airgain, and Airgain fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Airgain Stock performance.
| Return On Equity | -0.36 | ||||
| Return On Asset | -0.17 | ||||
| Profit Margin | (0.23) % | ||||
| Operating Margin | (0.17) % | ||||
| Current Valuation | 95.22 M | ||||
| Shares Outstanding | 11.34 M | ||||
| Price To Earning | 42.76 X | ||||
| Price To Book | 3.30 X | ||||
| Price To Sales | 1.91 X | ||||
| Revenue | 56.04 M | ||||
| Gross Profit | 27.97 M | ||||
| EBITDA | (8.77 M) | ||||
| Net Income | (12.43 M) | ||||
| Cash And Equivalents | 9.45 M | ||||
| Cash Per Share | 0.93 X | ||||
| Total Debt | 1.54 M | ||||
| Debt To Equity | 0.07 % | ||||
| Current Ratio | 2.02 X | ||||
| Book Value Per Share | 3.00 X | ||||
| Cash Flow From Operations | (3.3 M) | ||||
| Earnings Per Share | (1.15) X | ||||
| Market Capitalization | 101.53 M | ||||
| Total Asset | 42.23 M | ||||
| Retained Earnings | (78.52 M) | ||||
| Working Capital | 9.09 M | ||||
| Current Asset | 22.55 M | ||||
| Current Liabilities | 6.74 M | ||||
About Airgain Performance
By analyzing Airgain's fundamental ratios, stakeholders can gain valuable insights into Airgain's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Airgain has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Airgain has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 24.86 | 15.82 | |
| Return On Tangible Assets | (0.54) | (0.51) | |
| Return On Capital Employed | (0.38) | (0.37) | |
| Return On Assets | (0.29) | (0.28) | |
| Return On Equity | (0.40) | (0.42) |
Things to note about Airgain performance evaluation
Checking the ongoing alerts about Airgain for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Airgain help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Airgain had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 56.04 M. Net Loss for the year was (12.43 M) with profit before overhead, payroll, taxes, and interest of 27.97 M. | |
| Airgain currently holds about 9.45 M in cash with (3.3 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.93. | |
| Airgain has a strong financial position based on the latest SEC filings | |
| Roughly 12.0% of the company shares are held by company insiders | |
| Latest headline from investing.com: Earnings call Airgain reports Q3 growth, eyes 5G and asset tracking markets |
- Analyzing Airgain's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Airgain's stock is overvalued or undervalued compared to its peers.
- Examining Airgain's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Airgain's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Airgain's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Airgain's stock. These opinions can provide insight into Airgain's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Airgain Stock analysis
When running Airgain's price analysis, check to measure Airgain's 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 Airgain is operating at the current time. Most of Airgain's value examination focuses on studying past and present price action to predict the probability of Airgain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Airgain's price. Additionally, you may evaluate how the addition of Airgain to your portfolios can decrease your overall portfolio volatility.
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