Akoustis Technologies Stock Market Value
| AKTS Stock | USD 0.09 0.01 9.10% |
| Symbol | Akoustis |
Akoustis Technologies Price To Book Ratio
Is Electronic Equipment, Instruments & Components 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 Akoustis Technologies. If investors know Akoustis 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 Akoustis Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.89) | Revenue Per Share 0.307 | Quarterly Revenue Growth (0.30) | Return On Assets (0.38) | Return On Equity (11.53) |
The market value of Akoustis Technologies is measured differently than its book value, which is the value of Akoustis that is recorded on the company's balance sheet. Investors also form their own opinion of Akoustis Technologies' value that differs from its market value or its book value, called intrinsic value, which is Akoustis 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 Akoustis Technologies' market value can be influenced by many factors that don't directly affect Akoustis 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 Akoustis Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Akoustis Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akoustis 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.
Akoustis 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 Akoustis 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 Akoustis Technologies.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Akoustis Technologies on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Akoustis Technologies or generate 0.0% return on investment in Akoustis Technologies over 30 days. Akoustis Technologies is related to or competes with Aviat Networks, AudioCodes, Silicom, Gilat Satellite, Ceragon Networks, NETGEAR, and Ciena Corp. Akoustis Technologies, Inc., through its subsidiary, Akoustis, Inc., designs, develops, manufactures, and sells radio fr... More
Akoustis 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 Akoustis 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 Akoustis Technologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.34 | |||
| Information Ratio | 0.0391 | |||
| Maximum Drawdown | 33.45 | |||
| Value At Risk | (13.84) | |||
| Potential Upside | 14.87 |
Akoustis Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Akoustis Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Akoustis Technologies' standard deviation. In reality, there are many statistical measures that can use Akoustis Technologies historical prices to predict the future Akoustis Technologies' volatility.| Risk Adjusted Performance | 0.0505 | |||
| Jensen Alpha | 0.5522 | |||
| Total Risk Alpha | (0.92) | |||
| Sortino Ratio | 0.0411 | |||
| Treynor Ratio | (0.63) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Akoustis Technologies' 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.
Akoustis Technologies Backtested Returns
Akoustis Technologies appears to be out of control, given 3 months investment horizon. Akoustis Technologies secures Sharpe Ratio (or Efficiency) of 0.0572, which signifies that the company had a 0.0572% return per unit of risk over the last 3 months. By analyzing Akoustis Technologies' technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please makes use of Akoustis Technologies' Mean Deviation of 6.61, downside deviation of 8.34, and Risk Adjusted Performance of 0.0505 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Akoustis Technologies holds a performance score of 4. The firm shows a Beta (market volatility) of -0.73, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Akoustis Technologies are expected to decrease at a much lower rate. During the bear market, Akoustis Technologies is likely to outperform the market. Please check Akoustis Technologies' maximum drawdown, as well as the relationship between the skewness and day typical price , to make a quick decision on whether Akoustis Technologies' price patterns will revert.
Auto-correlation | -0.76 |
Almost perfect reverse predictability
Akoustis Technologies has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Akoustis Technologies time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 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 Akoustis Technologies price movement. The serial correlation of -0.76 indicates that around 76.0% of current Akoustis Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.76 | |
| Spearman Rank Test | -0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Akoustis Technologies lagged returns against current returns
Autocorrelation, which is Akoustis 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 Akoustis Technologies' stock expected returns. We can calculate the autocorrelation of Akoustis Technologies returns to help us make a trade decision. For example, suppose you find that Akoustis 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 |
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Akoustis 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 Akoustis Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Akoustis Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Akoustis Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Akoustis Technologies Lagged Returns
When evaluating Akoustis Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Akoustis Technologies stock have on its future price. Akoustis 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, Akoustis Technologies autocorrelation shows the relationship between Akoustis Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Akoustis Technologies.
Regressed Prices |
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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.