Rekor Systems Stock Beta
| REKR Stock | USD 0.97 0.05 5.43% |
Rekor Systems fundamentals help investors to digest information that contributes to Rekor Systems' financial success or failures. It also enables traders to predict the movement of Rekor Stock. The fundamental analysis module provides a way to measure Rekor Systems' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Rekor Systems stock.
Rekor | Beta |
Rekor Systems Company Beta Analysis
Rekor Systems' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Rekor Systems Beta | 1.98 |
Most of Rekor Systems' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Rekor Systems is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Rekor Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Rekor Systems is extremely important. It helps to project a fair market value of Rekor Stock properly, considering its historical fundamentals such as Beta. Since Rekor Systems' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Rekor Systems' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Rekor Systems' interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Rekor Systems has a Beta of 1.977. This is 86.51% higher than that of the Software sector and significantly higher than that of the Information Technology industry. The beta for all United States stocks is notably lower than that of the firm.
Rekor Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Rekor Systems' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Rekor Systems could also be used in its relative valuation, which is a method of valuing Rekor Systems by comparing valuation metrics of similar companies.Rekor Systems is currently under evaluation in beta category among its peers.
Rekor Systems Current Valuation Drivers
We derive many important indicators used in calculating different scores of Rekor Systems from analyzing Rekor Systems' financial statements. These drivers represent accounts that assess Rekor Systems' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Rekor Systems' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 76.5M | 195.2M | 269.6M | 210.4M | 189.3M | 109.2M | |
| Enterprise Value | 98.6M | 177.0M | 255.2M | 237.0M | 213.3M | 112.1M |
Rekor Systems Institutional Holders
Institutional Holdings refers to the ownership stake in Rekor Systems that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Rekor Systems' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Rekor Systems' value.| Shares | Marshall Wace Asset Management Ltd | 2024-06-30 | 1.2 M | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 1.1 M | Sg Americas Securities, Llc | 2024-09-30 | 693.9 K | Exoduspoint Capital Management, Lp | 2024-09-30 | 648.9 K | Northern Trust Corp | 2024-09-30 | 587.3 K | Susquehanna International Group, Llp | 2024-06-30 | 500.7 K | Millennium Management Llc | 2024-06-30 | 431.7 K | Wells Fargo & Co | 2024-06-30 | 409 K | Sanctuary Advisors, Llc | 2024-06-30 | 375.6 K | Arctis Global Llc | 2024-09-30 | 12.3 M | Blackrock Inc | 2024-06-30 | 4.4 M |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Rekor Systems will likely underperform.
Rekor Fundamentals
| Return On Equity | -1.14 | ||||
| Return On Asset | -0.29 | ||||
| Profit Margin | (1.19) % | ||||
| Operating Margin | (0.81) % | ||||
| Current Valuation | 108.21 M | ||||
| Shares Outstanding | 93.83 M | ||||
| Shares Owned By Insiders | 6.15 % | ||||
| Shares Owned By Institutions | 50.94 % | ||||
| Number Of Shares Shorted | 15.61 M | ||||
| Price To Book | 2.15 X | ||||
| Price To Sales | 2.15 X | ||||
| Revenue | 34.93 M | ||||
| Gross Profit | 9.03 M | ||||
| EBITDA | (34.12 M) | ||||
| Net Income | (45.69 M) | ||||
| Cash And Equivalents | 7.87 M | ||||
| Cash Per Share | 0.14 X | ||||
| Total Debt | 42.33 M | ||||
| Debt To Equity | 0.34 % | ||||
| Current Ratio | 0.94 X | ||||
| Book Value Per Share | 0.48 X | ||||
| Cash Flow From Operations | (32.63 M) | ||||
| Short Ratio | 19.43 X | ||||
| Earnings Per Share | (0.65) X | ||||
| Target Price | 4.5 | ||||
| Number Of Employees | 347 | ||||
| Beta | 1.98 | ||||
| Market Capitalization | 91.15 M | ||||
| Total Asset | 92.15 M | ||||
| Retained Earnings | (198.68 M) | ||||
| Working Capital | 8.1 M | ||||
| Net Asset | 92.15 M |
About Rekor Systems Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Rekor Systems's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rekor Systems using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rekor Systems based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Rekor Systems
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Rekor Systems position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Rekor Systems will appreciate offsetting losses from the drop in the long position's value.Moving against Rekor Stock
| 0.65 | DLO | Dlocal | PairCorr |
| 0.64 | NN | Nextnav Acquisition Corp | PairCorr |
| 0.55 | CETXP | Cemtrex Pref | PairCorr |
| 0.53 | GB | Global Blue Group Earnings Call Today | PairCorr |
| 0.52 | BOX | Box Inc | PairCorr |
The ability to find closely correlated positions to Rekor Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rekor Systems when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Rekor Systems - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Rekor Systems to buy it.
The correlation of Rekor Systems is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Rekor Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rekor Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Rekor Systems can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Rekor Stock Analysis
When running Rekor Systems' price analysis, check to measure Rekor Systems' 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 Rekor Systems is operating at the current time. Most of Rekor Systems' value examination focuses on studying past and present price action to predict the probability of Rekor Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rekor Systems' price. Additionally, you may evaluate how the addition of Rekor Systems to your portfolios can decrease your overall portfolio volatility.