Akoustis Technologies Stock Probability of Future Stock Price Finishing Over 0.6

AKTS Stock  USD 0.60  0.02  3.23%   
Akoustis Technologies' implied volatility is one of the determining factors in the pricing options written on Akoustis Technologies. Implied volatility approximates the future value of Akoustis Technologies based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Akoustis Technologies over a specific time period. For example, 2024-03-15 PUT at $2.5 is a PUT option contract on Akoustis Technologies' common stock with a strick price of 2.5 expiring on 2024-03-15. The contract was last traded on 2024-02-20 at 11:52:48 for $1.75 and, as of today, has 13 days remaining before the expiration. The option is currently trading at a bid price of $1.15, and an ask price of $2.0. The implied volatility as of the 2nd of March is 712.94. View All Akoustis options

Closest to current price Akoustis long PUT Option Payoff at Expiration

Akoustis Technologies' future price is the expected price of Akoustis Technologies instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Akoustis Technologies performance during a given time horizon utilizing its historical volatility. Check out Akoustis Technologies Backtesting, Akoustis Technologies Valuation, Akoustis Technologies Correlation, Akoustis Technologies Hype Analysis, Akoustis Technologies Volatility, Akoustis Technologies History as well as Akoustis Technologies Performance.
For more information on how to buy Akoustis Stock please use our How to Invest in Akoustis Technologies guide.
  
At this time, Akoustis Technologies' Price to Book Value is comparatively stable as compared to the past year. Price to Sales Ratio is likely to gain to 6.89 in 2024, whereas Price to Earnings Ratio is likely to drop (3.95) in 2024. Please specify Akoustis Technologies' target price for which you would like Akoustis Technologies odds to be computed.

Akoustis Technologies Target Price Odds to finish over 0.6

The tendency of Akoustis Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move above the current price in 90 days
 0.60 90 days 0.60 
about 76.65
Based on a normal probability distribution, the odds of Akoustis Technologies to move above the current price in 90 days from now is about 76.65 (This Akoustis Technologies probability density function shows the probability of Akoustis Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the stock has the beta coefficient of 4.6 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Akoustis Technologies will likely underperform. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Akoustis Technologies is significantly underperforming NYSE Composite.
   Akoustis Technologies Price Density   
       Price  

Predictive Modules for Akoustis Technologies

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Akoustis Technologies. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view 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. Please use the tools below to analyze the current value of Akoustis Technologies in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
0.030.619.49
Details
Intrinsic
Valuation
LowRealHigh
0.061.1810.06
Details
Naive
Forecast
LowNextHigh
0.010.429.30
Details
5 Analysts
Consensus
LowTargetHigh
2.682.953.27
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Akoustis Technologies. Your research has to be compared to or analyzed against Akoustis Technologies' peers to derive any actionable benefits. When done correctly, Akoustis Technologies' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Akoustis Technologies.

Akoustis Technologies Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Akoustis Technologies is not an exception. The market had few large corrections towards the Akoustis Technologies' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Akoustis Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Akoustis Technologies within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.48
β
Beta against NYSE Composite4.60
σ
Overall volatility
0.11
Ir
Information ratio 0.01

Akoustis Technologies Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Akoustis Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Akoustis Technologies can help investors quickly react to important events or material 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 27.12 M. Net Loss for the year was (63.56 M) with loss before overhead, payroll, taxes, and interest of (3.12 M).
Akoustis Technologies currently holds about 80.48 M in cash with (44.82 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: Akoustis to Attend Multiple Conferences in June 2022 - The Globe and Mail

Akoustis Technologies Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Akoustis Stock often depends not only on the future outlook of the current and potential Akoustis Technologies' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Akoustis Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding63.6 M
Cash And Short Term Investments43.1 M

Akoustis Technologies Technical Analysis

Akoustis Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. Akoustis Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Akoustis Technologies. In general, you should focus on analyzing Akoustis Stock price patterns and their correlations with different microeconomic environments and drivers.

Akoustis Technologies Predictive Forecast Models

Akoustis Technologies' time-series forecasting models is one of many Akoustis Technologies' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Akoustis Technologies' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Akoustis Technologies

Checking the ongoing alerts about Akoustis Technologies for important developments is a great way to find new opportunities for your next move. Our 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 27.12 M. Net Loss for the year was (63.56 M) with loss before overhead, payroll, taxes, and interest of (3.12 M).
Akoustis Technologies currently holds about 80.48 M in cash with (44.82 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: Akoustis to Attend Multiple Conferences in June 2022 - The Globe and Mail
When determining whether Akoustis Technologies is a strong investment it is important to analyze Akoustis 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 Akoustis Technologies' future performance. For an informed investment choice regarding Akoustis Stock, refer to the following important reports:

Complementary 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.
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Is Akoustis 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 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
(0.96)
Revenue Per Share
0.417
Quarterly Revenue Growth
0.196
Return On Assets
(0.37)
Return On Equity
(1.04)
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.