Akoustis Technologies Stock Performance
| AKTS Stock | USD 0.10 0.01 14.81% |
On a scale of 0 to 100, Akoustis Technologies holds a performance score of 3. The firm shows a Beta (market volatility) of -0.63, 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.
Risk-Adjusted Performance
3 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Akoustis Technologies are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively unsteady basic indicators, Akoustis Technologies unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 150:137 | Last Split Date 2015-04-24 |
1 | Akoustis Technologies names new CEO and board member - Investing.com | 09/20/2024 |
2 | Acquisition by Mcguire James Michael of 17030 shares of Akoustis Technologies subject to Rule 16b-3 | 10/22/2024 |
3 | Qorvo Beats Q2 Earnings and Revenue Estimates | 10/29/2024 |
4 | Disposition of 00 shares by Jeffrey Shealy of Akoustis Technologies at 4.54 subject to Rule 16b-3 | 11/05/2024 |
5 | 12 Information Technology Stocks Moving In Thursdays Pre-Market Session - Benzinga | 11/21/2024 |
| Begin Period Cash Flow | 43.1 M | |
| Free Cash Flow | -46.3 M |
Akoustis |
Akoustis Technologies Relative Risk vs. Return Landscape
If you would invest 9.68 in Akoustis Technologies on August 24, 2024 and sell it today you would earn a total of 0.32 from holding Akoustis Technologies or generate 3.31% return on investment over 90 days. Akoustis Technologies is currently generating 0.4315% in daily expected returns and assumes 8.8593% risk (volatility on return distribution) over the 90 days horizon. In different words, 78% of stocks are less volatile than Akoustis, and 92% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Akoustis Technologies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Akoustis Technologies' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Akoustis Technologies, and traders can use it to determine the average amount a Akoustis Technologies' 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 = 0.0487
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Estimated Market Risk
| 8.86 actual daily | 78 78% of assets are less volatile |
Expected Return
| 0.43 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Akoustis Technologies is performing at about 3% 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 Akoustis Technologies by adding it to a well-diversified portfolio.
Akoustis Technologies Fundamentals Growth
Akoustis Stock prices reflect investors' perceptions of the future prospects and financial health of Akoustis Technologies, and Akoustis Technologies 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 Akoustis Stock performance.
| Return On Equity | -11.53 | ||||
| Return On Asset | -0.38 | ||||
| Operating Margin | (1.24) % | ||||
| Current Valuation | 53.21 M | ||||
| Shares Outstanding | 154.59 M | ||||
| Price To Earning | (7.18) X | ||||
| Price To Book | 0.17 X | ||||
| Price To Sales | 0.59 X | ||||
| Revenue | 27.38 M | ||||
| Gross Profit | (3.12 M) | ||||
| EBITDA | (152.08 M) | ||||
| Net Income | (167.95 M) | ||||
| Cash And Equivalents | 80.48 M | ||||
| Cash Per Share | 1.41 X | ||||
| Total Debt | 52.86 M | ||||
| Debt To Equity | 0.43 % | ||||
| Current Ratio | 7.25 X | ||||
| Book Value Per Share | (0.46) X | ||||
| Cash Flow From Operations | (40.35 M) | ||||
| Earnings Per Share | (1.89) X | ||||
| Market Capitalization | 7.36 M | ||||
| Total Asset | 69.74 M | ||||
| Retained Earnings | (438.51 M) | ||||
| Working Capital | (47.6 M) | ||||
| Current Asset | 2.83 M | ||||
| Current Liabilities | 367 K | ||||
About Akoustis Technologies Performance
Assessing Akoustis Technologies' fundamental ratios provides investors with valuable insights into Akoustis Technologies' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Akoustis Technologies is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 28.90 | 552.84 | |
| Return On Tangible Assets | (3.31) | (2.83) | |
| Return On Capital Employed | 7.52 | (2.93) | |
| Return On Assets | (2.41) | (2.83) | |
| Return On Equity | 2.94 | (2.93) |
Things to note about Akoustis Technologies performance evaluation
Checking the ongoing alerts about Akoustis Technologies for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Akoustis Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Akoustis Technologies had very high historical volatility over the last 90 days | |
| Akoustis Technologies has some characteristics of a very speculative penny stock | |
| Akoustis Technologies has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 27.38 M. Net Loss for the year was (167.95 M) with loss before overhead, payroll, taxes, and interest of (3.12 M). | |
| Akoustis Technologies currently holds about 80.48 M in cash with (40.35 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.41, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Akoustis Technologies has a frail financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: 12 Information Technology Stocks Moving In Thursdays Pre-Market Session - Benzinga |
- Analyzing Akoustis Technologies' 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 Akoustis Technologies' stock is overvalued or undervalued compared to its peers.
- Examining Akoustis Technologies' 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 Akoustis Technologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Akoustis Technologies' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Akoustis Technologies' stock. These opinions can provide insight into Akoustis Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
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.