Akamai Technologies Stock Beta

AKAM Stock

USD 100.73 0.39 0.39%

Akamai Technologies fundamentals help investors to digest information that contributes to Akamai Technologies' financial success or failures. It also enables traders to predict the movement of Akamai Stock. The fundamental analysis module provides a way to measure Akamai Technologies' 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 Akamai Technologies stock.

Total Current Liabilities Total Assets

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Akamai Technologies Company Beta Analysis

Akamai Technologies' 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.

Beta

Covariance

Variance

More About Beta | All Equity Analysis

Current Akamai Technologies Beta

0.7

Most of Akamai Technologies' 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, Akamai Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Akamai Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for Akamai Technologies is extremely important. It helps to project a fair market value of Akamai Stock properly, considering its historical fundamentals such as Beta. Since Akamai Technologies' 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 Akamai Technologies' 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 Akamai Technologies' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Short Term Investments	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Net Receivables	Short Term Debt	Current Deferred Revenue	Long Term Debt	Property Plant Equipment	Good Will	Net Tangible Assets	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Long Term Debt Total	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.74	0.94	0.84	0.96	0.49	0.98	0.65	0.93	0.23	0.99	0.23	0.96	0.94	0.95	0.97	0.18	-0.92	0.79	0.53	0.88	0.84	0.34	0.48	-0.64
Total Stockholder Equity	0.74		0.54	0.42	0.75	0.64	0.62	0.82	0.57	0.5	0.8	0.35	0.74	0.52	0.62	0.7	0.26	-0.7	0.8	0.5	0.65	0.71	0.15	0.47	-0.01
Net Debt	0.94	0.54		0.94	0.88	0.3	0.98	0.44	0.93	-0.04	0.89	0.02	0.88	0.99	0.95	0.92	0.05	-0.9	0.72	0.58	0.88	0.86	0.43	0.41	-0.73
Retained Earnings	0.84	0.42	0.94		0.76	0.18	0.92	0.36	0.89	-0.31	0.8	0.08	0.82	0.94	0.92	0.86	-0.16	-0.9	0.71	0.43	0.85	0.82	0.28	0.38	-0.68
Accounts Payable	0.96	0.75	0.88	0.76		0.62	0.93	0.72	0.86	0.28	0.95	0.27	0.94	0.87	0.87	0.93	0.14	-0.89	0.77	0.42	0.83	0.81	0.34	0.59	-0.57
Short Term Investments	0.49	0.64	0.3	0.18	0.62		0.42	0.9	0.19	0.35	0.56	0.54	0.47	0.28	0.25	0.37	0.38	-0.49	0.6	0.16	0.39	0.44	0.16	0.85	0.1
Total Liab	0.98	0.62	0.98	0.92	0.93	0.42		0.57	0.94	0.05	0.94	0.18	0.93	0.98	0.96	0.95	0.07	-0.94	0.77	0.52	0.91	0.87	0.41	0.5	-0.7
Total Current Assets	0.65	0.82	0.44	0.36	0.72	0.9	0.57		0.41	0.38	0.71	0.65	0.64	0.43	0.47	0.57	0.18	-0.67	0.74	0.19	0.62	0.62	0.18	0.8	0.04
Intangible Assets	0.93	0.57	0.93	0.89	0.86	0.19	0.94	0.41		0.11	0.89	0.14	0.93	0.95	0.97	0.98	-0.09	-0.87	0.64	0.42	0.85	0.74	0.31	0.22	-0.78
Common Stock	0.23	0.5	-0.04	-0.31	0.28	0.35	0.05	0.38	0.11		0.28	0.21	0.22	-0.04	0.06	0.2	0.46	0.03	0.03	0.05	-0.01	-0.04	-0.02	-0.01	-0.01
Net Receivables	0.99	0.8	0.89	0.8	0.95	0.56	0.94	0.71	0.89	0.28		0.29	0.97	0.88	0.92	0.96	0.22	-0.92	0.84	0.51	0.86	0.82	0.28	0.51	-0.56
Short Term Debt	0.23	0.35	0.02	0.08	0.27	0.54	0.18	0.65	0.14	0.21	0.29		0.34	0.07	0.11	0.25	-0.1	-0.35	0.29	-0.23	0.34	0.0	0.1	0.39	0.07
Current Deferred Revenue	0.96	0.74	0.88	0.82	0.94	0.47	0.93	0.64	0.93	0.22	0.97	0.34		0.89	0.92	0.98	0.05	-0.92	0.79	0.4	0.86	0.75	0.25	0.42	-0.61
Long Term Debt	0.94	0.52	0.99	0.94	0.87	0.28	0.98	0.43	0.95	-0.04	0.88	0.07	0.89		0.95	0.92	0.0	-0.9	0.7	0.54	0.89	0.83	0.44	0.38	-0.76
Property Plant Equipment	0.95	0.62	0.95	0.92	0.87	0.25	0.96	0.47	0.97	0.06	0.92	0.11	0.92	0.95		0.97	0.01	-0.91	0.71	0.48	0.85	0.83	0.22	0.33	-0.71
Good Will	0.97	0.7	0.92	0.86	0.93	0.37	0.95	0.57	0.98	0.2	0.96	0.25	0.98	0.92	0.97		-0.01	-0.92	0.73	0.4	0.86	0.78	0.24	0.37	-0.68
Net Tangible Assets	0.18	0.26	0.05	-0.16	0.14	0.38	0.07	0.18	-0.09	0.46	0.22	-0.1	0.05	0.0	0.01	-0.01		0.01	0.18	0.49	-0.08	0.06	0.05	0.14	0.02
Capital Surpluse	-0.92	-0.7	-0.9	-0.9	-0.89	-0.49	-0.94	-0.67	-0.87	0.03	-0.92	-0.35	-0.92	-0.9	-0.91	-0.92	0.01		-0.84	-0.46	-0.93	-0.87	-0.32	-0.58	0.51
Deferred Long Term Liab	0.79	0.8	0.72	0.71	0.77	0.6	0.77	0.74	0.64	0.03	0.84	0.29	0.79	0.7	0.71	0.73	0.18	-0.84		0.53	0.82	0.85	0.31	0.63	-0.17
Long Term Investments	0.53	0.5	0.58	0.43	0.42	0.16	0.52	0.19	0.42	0.05	0.51	-0.23	0.4	0.54	0.48	0.4	0.49	-0.46	0.53		0.52	0.58	0.56	0.08	-0.19
Short Long Term Debt	0.88	0.65	0.88	0.85	0.83	0.39	0.91	0.62	0.85	-0.01	0.86	0.34	0.86	0.89	0.85	0.86	-0.08	-0.93	0.82	0.52		0.83	0.57	0.49	-0.51
Long Term Debt Total	0.84	0.71	0.86	0.82	0.81	0.44	0.87	0.62	0.74	-0.04	0.82	0.0	0.75	0.83	0.83	0.78	0.06	-0.87	0.85	0.58	0.83		0.32	0.62	-0.33
Net Invested Capital	0.34	0.15	0.43	0.28	0.34	0.16	0.41	0.18	0.31	-0.02	0.28	0.1	0.25	0.44	0.22	0.24	0.05	-0.32	0.31	0.56	0.57	0.32		0.16	-0.27
Net Working Capital	0.48	0.47	0.41	0.38	0.59	0.85	0.5	0.8	0.22	-0.01	0.51	0.39	0.42	0.38	0.33	0.37	0.14	-0.58	0.63	0.08	0.49	0.62	0.16		0.03
Capital Stock	-0.64	-0.01	-0.73	-0.68	-0.57	0.1	-0.7	0.04	-0.78	-0.01	-0.56	0.07	-0.61	-0.76	-0.71	-0.68	0.02	0.51	-0.17	-0.19	-0.51	-0.33	-0.27	0.03

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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

Predict Akamai Technologies

In accordance with the recently published financial statements, Akamai Technologies has a Beta of 0.703. This is 33.68% lower than that of the IT Services 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.

Akamai Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Akamai Technologies' 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 Akamai Technologies could also be used in its relative valuation, which is a method of valuing Akamai Technologies by comparing valuation metrics of similar companies.

Akamai Technologies is currently under evaluation in beta category among related companies.

Akamai Technologies ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Akamai Technologies' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Akamai Technologies' managers, analysts, and investors.

Environment Score

Governance Score

Social Score

Akamai Technologies Institutional Holders

Institutional Holdings refers to the ownership stake in Akamai Technologies that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Akamai Technologies' 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 Akamai Technologies' value.

		Shares
Barclays Plc	2023-12-31	2.6 M
King Luther Capital Management Corp	2023-12-31	2.4 M
Jericho Capital Asset Management Lp	2023-12-31	2.4 M
Arrowstreet Capital Limited Partnership	2023-12-31	2.1 M
Jpmorgan Chase & Co	2023-12-31	2 M
Amvescap Plc.	2023-12-31	2 M
Mackenzie Investments	2023-12-31	2 M
Earnest Partners Llc	2023-12-31	2 M
Northern Trust Corp	2023-12-31	1.9 M
Vanguard Group Inc	2023-12-31	17.6 M
Blackrock Inc	2023-12-31	14.3 M

As returns on the market increase, Akamai Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Akamai Technologies is expected to be smaller as well.

Akamai Fundamentals

	Return On Equity	0.12
	Return On Asset	0.0486
	Profit Margin	0.14 %
	Operating Margin	0.19 %
	Current Valuation	19.03 B
	Shares Outstanding	153.21 M
	Shares Owned By Insiders	1.82 %
	Shares Owned By Institutions	98.00 %
	Number Of Shares Shorted	8 M
	Price To Earning	29.46 X
	Price To Book	3.45 X
	Price To Sales	4.16 X
	Revenue	3.81 B
	Gross Profit	2.24 B
	EBITDA	1.27 B
	Net Income	547.63 M
	Cash And Equivalents	864.15 M
	Cash Per Share	5.50 X
	Total Debt	4.54 B
	Debt To Equity	0.74 %
	Current Ratio	2.25 X
	Book Value Per Share	30.40 X
	Cash Flow From Operations	1.35 B
	Short Ratio	4.65 X
	Earnings Per Share	3.52 X
	Price To Earnings To Growth	1.28 X
	Target Price	129.25
	Number Of Employees	10.25 K
	Beta	0.7
	Market Capitalization	15.52 B
	Total Asset	9.9 B
	Retained Earnings	2.47 B
	Working Capital	968.82 M
	Current Asset	1.25 B
	Current Liabilities	332.44 M
	Net Asset	9.9 B

About Akamai Technologies Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Akamai Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Akamai Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Akamai Technologies 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 Akamai Technologies

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 Akamai Technologies 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 Akamai Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving together with Akamai Stock

0.67

Aurora Mobile

Pair Corr

Moving against Akamai Stock

0.9	DTSS	Datasea	Pair Corr
0.69	SQ	Block Inc Financial Report 2nd of May 2024	Pair Corr
0.64	GB	Global Blue Group	Pair Corr
0.62	NN	Nextnav Acquisition Corp Financial Report 8th of May 2024	Pair Corr
0.62	VERI	Veritone Financial Report 7th of May 2024	Pair Corr

The ability to find closely correlated positions to Akamai Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Akamai Technologies 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 Akamai Technologies - 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 Akamai Technologies to buy it.

The correlation of Akamai Technologies 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 Akamai Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Akamai Technologies 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 Akamai Technologies 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.

Pair Correlation Correlation Matching

When determining whether Akamai Technologies is a strong investment it is important to analyze Akamai Technologies' 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 Akamai Technologies' future performance. For an informed investment choice regarding Akamai Stock, refer to the following important reports:

How To Invest In Akamai

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Is Akamai Stock a good investment?

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What is Akamai Technologies' Net Worth?

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Check out Akamai Technologies Piotroski F Score and Akamai Technologies Altman Z Score analysis.

To learn how to invest in Akamai Stock, please use our How to Invest in Akamai Technologies guide.

Note that the Akamai Technologies information on this page should be used as a complementary analysis to other Akamai Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Complementary Tools for Akamai Stock analysis

When running Akamai Technologies' price analysis, check to measure Akamai 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 Akamai Technologies is operating at the current time. Most of Akamai Technologies' value examination focuses on studying past and present price action to predict the probability of Akamai Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Akamai Technologies' price. Additionally, you may evaluate how the addition of Akamai Technologies to your portfolios can decrease your overall portfolio volatility.

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Is Akamai Technologies' industry 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

0.257

Earnings Share

3.52

Revenue Per Share

24.995

Quarterly Revenue Growth

0.072

Return On Assets

0.0486

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.

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Akamai Technologies Stock Beta

Akamai Technologies Company Beta Analysis

Beta

Covariance

Variance

Current Akamai Technologies Beta

Akamai Beta Driver Correlations

Akamai Beta Peer Comparison

Akamai Technologies ESG Sustainability

Akamai Technologies Institutional Holders

Akamai Fundamentals

About Akamai Technologies Fundamental Analysis

Pair Trading with Akamai Technologies

Moving together with Akamai Stock

Moving against Akamai Stock

Complementary Tools for Akamai Stock analysis

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