Akoustis Operating Margin from 2010 to 2024
| AKTS Stock | USD 0.12 0.01 7.69% |
Check Akoustis Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Akoustis Technologies' main balance sheet or income statement drivers, such as Interest Expense of 2 M, Selling General Administrative of 35.9 M or Other Operating Expenses of 112.5 M, as well as many indicators such as Price To Sales Ratio of 8.15, Dividend Yield of 0.0 or PTB Ratio of 7.3 K. Akoustis financial statements analysis is a perfect complement when working with Akoustis Technologies Valuation or Volatility modules.
Akoustis | Operating Margin |
Latest Akoustis Technologies' Operating Margin Growth Pattern
Below is the plot of the Operating Profit Margin of Akoustis Technologies over the last few years. It is Akoustis Technologies' Operating Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Akoustis Technologies' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported (3.01) % | 10 Years Trend |
|
Operating Profit Margin |
| Timeline |
Akoustis Operating Margin Regression Statistics
| Arithmetic Mean | (278.79) | |
| Coefficient Of Variation | (107.08) | |
| Mean Deviation | 287.70 | |
| Median | (19.07) | |
| Standard Deviation | 298.52 | |
| Sample Variance | 89,112 | |
| Range | 585 | |
| R-Value | 0.87 | |
| Mean Square Error | 22,919 | |
| R-Squared | 0.76 | |
| Significance | 0.000022 | |
| Slope | 58.24 | |
| Total Sum of Squares | 1.2M |
Akoustis Operating Margin History
About Akoustis Technologies Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Akoustis Technologies income statement, its balance sheet, and the statement of cash flows. Akoustis Technologies investors use historical funamental indicators, such as Akoustis Technologies's Operating Margin, to determine how well the company is positioned to perform in the future. Although Akoustis Technologies investors may use each financial statement separately, they are all related. The changes in Akoustis Technologies's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Akoustis Technologies's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Akoustis Technologies Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Akoustis Technologies. Please read more on our technical analysis and fundamental analysis pages.
Akoustis Technologies, Inc., through its subsidiary, Akoustis, Inc., designs, develops, manufactures, and sells radio frequency filter products for the mobile wireless device industry in the United States, Asia, Europe, and internationally. Akoustis Technologies, Inc. is headquartered in Huntersville, North Carolina. Akoustis Technologies operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. It employs 205 people.
Pair Trading with Akoustis 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 Akoustis 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 Akoustis Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with Akoustis Stock
| 0.85 | DM | Desktop Metal Upward Rally | PairCorr |
Moving against Akoustis Stock
| 0.9 | HPQ | HP Inc Fiscal Year End 19th of November 2024 | PairCorr |
| 0.88 | ERIC | Telefonaktiebolaget Financial Report 12th of July 2024 | PairCorr |
| 0.87 | FLEX | Flex | PairCorr |
| 0.86 | IDCC | InterDigital | PairCorr |
| 0.83 | MSI | Motorola Solutions | PairCorr |
The ability to find closely correlated positions to Akoustis 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 Akoustis 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 Akoustis 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 Akoustis Technologies to buy it.
The correlation of Akoustis 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 Akoustis Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Akoustis 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 Akoustis 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.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.