Audioeye Stock Market Value
| AEYE Stock | USD 27.23 1.99 7.88% |
| Symbol | AudioEye |
AudioEye Price To Book Ratio
Is Application Software 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 AudioEye. If investors know AudioEye 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 AudioEye listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.27) | Revenue Per Share 2.824 | Quarterly Revenue Growth 0.139 | Return On Assets (0.01) | Return On Equity (0.44) |
The market value of AudioEye is measured differently than its book value, which is the value of AudioEye that is recorded on the company's balance sheet. Investors also form their own opinion of AudioEye's value that differs from its market value or its book value, called intrinsic value, which is AudioEye's 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 AudioEye's market value can be influenced by many factors that don't directly affect AudioEye's 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 AudioEye's value and its price as these two are different measures arrived at by different means. Investors typically determine if AudioEye is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AudioEye's 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.
AudioEye 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to AudioEye's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of AudioEye.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in AudioEye on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding AudioEye or generate 0.0% return on investment in AudioEye over 720 days. AudioEye is related to or competes with Alkami Technology, Agilysys, ADEIA P, Paycor HCM, Hitek Global, Agora, and EGain. AudioEye, Inc. provides patented, internet content publication, distribution software, and related services to Internet,... More
AudioEye Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure AudioEye's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess AudioEye upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.25 | |||
| Information Ratio | 0.0653 | |||
| Maximum Drawdown | 32.32 | |||
| Value At Risk | (7.68) | |||
| Potential Upside | 8.28 |
AudioEye Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AudioEye's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AudioEye's standard deviation. In reality, there are many statistical measures that can use AudioEye historical prices to predict the future AudioEye's volatility.| Risk Adjusted Performance | 0.0761 | |||
| Jensen Alpha | 0.0046 | |||
| Total Risk Alpha | (0.41) | |||
| Sortino Ratio | 0.0718 | |||
| Treynor Ratio | 0.1219 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of AudioEye's 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.
AudioEye Backtested Returns
AudioEye appears to be slightly risky, given 3 months investment horizon. AudioEye secures Sharpe Ratio (or Efficiency) of 0.0626, which signifies that the company had a 0.0626% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for AudioEye, which you can use to evaluate the volatility of the firm. Please makes use of AudioEye's mean deviation of 4.36, and Risk Adjusted Performance of 0.0761 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, AudioEye holds a performance score of 4. The firm shows a Beta (market volatility) of 4.09, 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, AudioEye will likely underperform. Please check AudioEye's potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to make a quick decision on whether AudioEye's price patterns will revert.
Auto-correlation | -0.18 |
Insignificant reverse predictability
AudioEye has insignificant reverse predictability. Overlapping area represents the amount of predictability between AudioEye time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 to 25th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of AudioEye price movement. The serial correlation of -0.18 indicates that over 18.0% of current AudioEye price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 62.71 |
AudioEye lagged returns against current returns
Autocorrelation, which is AudioEye stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting AudioEye's stock expected returns. We can calculate the autocorrelation of AudioEye returns to help us make a trade decision. For example, suppose you find that AudioEye has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
AudioEye regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If AudioEye stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AudioEye stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AudioEye stock over time.
Current vs Lagged Prices |
| Timeline |
AudioEye Lagged Returns
When evaluating AudioEye's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AudioEye stock have on its future price. AudioEye autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, AudioEye autocorrelation shows the relationship between AudioEye stock current value and its past values and can show if there is a momentum factor associated with investing in AudioEye.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether AudioEye is a strong investment it is important to analyze AudioEye's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact AudioEye's future performance. For an informed investment choice regarding AudioEye Stock, refer to the following important reports:Check out AudioEye Correlation, AudioEye Volatility and AudioEye Alpha and Beta module to complement your research on AudioEye. For information on how to trade AudioEye Stock refer to our How to Trade AudioEye Stock guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
AudioEye 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.