Akamai Technologies Stock Market Value
| AKAM Stock | USD 91.08 3.12 3.55% |
| Symbol | Akamai |
Akamai Technologies Price To Book Ratio
Is Internet Services & Infrastructure 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 Akamai Technologies. If investors know Akamai 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 Akamai Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.64) | Earnings Share 3.38 | Revenue Per Share 26.167 | Quarterly Revenue Growth 0.041 | Return On Assets 0.0419 |
The market value of Akamai Technologies is measured differently than its book value, which is the value of Akamai that is recorded on the company's balance sheet. Investors also form their own opinion of Akamai Technologies' value that differs from its market value or its book value, called intrinsic value, which is Akamai Technologies' 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 Akamai Technologies' market value can be influenced by many factors that don't directly affect Akamai Technologies' 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 Akamai Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Akamai Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akamai Technologies' 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.
Akamai Technologies '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 Akamai Technologies' 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 Akamai Technologies.
| 05/26/2024 |
| 11/22/2024 |
If you would invest 0.00 in Akamai Technologies on May 26, 2024 and sell it all today you would earn a total of 0.00 from holding Akamai Technologies or generate 0.0% return on investment in Akamai Technologies over 180 days. Akamai Technologies is related to or competes with Check Point, VeriSign, Qualys, F5 Networks, Godaddy, CyberArk Software, and Amdocs. Akamai Technologies, Inc. provides cloud services for securing, delivering, and optimizing content and business applicat... More
Akamai Technologies 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 Akamai Technologies' 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 Akamai Technologies upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 18.11 | |||
| Value At Risk | (2.16) | |||
| Potential Upside | 1.9 |
Akamai Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Akamai Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Akamai Technologies' standard deviation. In reality, there are many statistical measures that can use Akamai Technologies historical prices to predict the future Akamai Technologies' volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | (0.22) |
Akamai Technologies Backtested Returns
Akamai Technologies secures Sharpe Ratio (or Efficiency) of -0.0612, which signifies that the company had a -0.0612% return per unit of standard deviation over the last 3 months. Akamai Technologies exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Akamai Technologies' mean deviation of 1.18, and Risk Adjusted Performance of (0.06) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.91, which signifies possible diversification benefits within a given portfolio. Akamai Technologies returns are very sensitive to returns on the market. As the market goes up or down, Akamai Technologies is expected to follow. At this point, Akamai Technologies has a negative expected return of -0.14%. Please make sure to confirm Akamai Technologies' standard deviation, kurtosis, period momentum indicator, as well as the relationship between the maximum drawdown and day median price , to decide if Akamai Technologies performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.38 |
Poor reverse predictability
Akamai Technologies has poor reverse predictability. Overlapping area represents the amount of predictability between Akamai Technologies time series from 26th of May 2024 to 24th of August 2024 and 24th of August 2024 to 22nd 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 Akamai Technologies price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Akamai Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 26.34 |
Akamai Technologies lagged returns against current returns
Autocorrelation, which is Akamai Technologies 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 Akamai Technologies' stock expected returns. We can calculate the autocorrelation of Akamai Technologies returns to help us make a trade decision. For example, suppose you find that Akamai Technologies 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 |
Akamai Technologies 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 Akamai Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Akamai Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Akamai Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Akamai Technologies Lagged Returns
When evaluating Akamai Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Akamai Technologies stock have on its future price. Akamai Technologies 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, Akamai Technologies autocorrelation shows the relationship between Akamai Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Akamai Technologies.
Regressed Prices |
| Timeline |
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Akamai 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.