Audioeye Stock Return On Equity
| AEYE Stock | USD 13.31 0.46 3.34% |
AudioEye fundamentals help investors to digest information that contributes to AudioEye's financial success or failures. It also enables traders to predict the movement of AudioEye Stock. The fundamental analysis module provides a way to measure AudioEye's 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 AudioEye stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | (0.88) | (0.92) |
AudioEye | Return On Equity |
AudioEye Company Return On Equity Analysis
AudioEye's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current AudioEye Return On Equity | -0.68 |
Most of AudioEye's fundamental indicators, such as Return On Equity, 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, AudioEye is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
AudioEye Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for AudioEye is extremely important. It helps to project a fair market value of AudioEye Stock properly, considering its historical fundamentals such as Return On Equity. Since AudioEye's 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 AudioEye's 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 AudioEye's interrelated accounts and indicators.
Click cells to compare fundamentals
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
AudioEye Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, AudioEye has a Return On Equity of -0.679. This is 94.36% lower than that of the Software sector and significantly lower than that of the Information Technology industry. The return on equity for all United States stocks is 119.03% higher than that of the company.
AudioEye Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses AudioEye's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of AudioEye could also be used in its relative valuation, which is a method of valuing AudioEye by comparing valuation metrics of similar companies.AudioEye is currently under evaluation in return on equity category among related companies.
AudioEye Fundamentals
| Return On Equity | -0.68 | ||||
| Return On Asset | -0.12 | ||||
| Profit Margin | (0.19) % | ||||
| Operating Margin | (0.02) % | ||||
| Current Valuation | 157.83 M | ||||
| Shares Outstanding | 11.66 M | ||||
| Shares Owned By Insiders | 47.30 % | ||||
| Shares Owned By Institutions | 9.98 % | ||||
| Number Of Shares Shorted | 93.06 K | ||||
| Price To Earning | (3.45) X | ||||
| Price To Book | 23.80 X | ||||
| Price To Sales | 5.13 X | ||||
| Revenue | 31.32 M | ||||
| Gross Profit | 22.69 M | ||||
| EBITDA | (2.9 M) | ||||
| Net Income | (5.87 M) | ||||
| Cash And Equivalents | 9.25 M | ||||
| Cash Per Share | 0.81 X | ||||
| Total Debt | 7.46 M | ||||
| Debt To Equity | 0.12 % | ||||
| Current Ratio | 1.28 X | ||||
| Book Value Per Share | 0.57 X | ||||
| Cash Flow From Operations | 318 K | ||||
| Short Ratio | 0.75 X | ||||
| Earnings Per Share | (0.50) X | ||||
| Target Price | 14.67 | ||||
| Number Of Employees | 114 | ||||
| Beta | 1.38 | ||||
| Market Capitalization | 160.53 M | ||||
| Total Asset | 25.5 M | ||||
| Retained Earnings | (89.48 M) | ||||
| Working Capital | 3.25 M | ||||
| Current Asset | 1.63 M | ||||
| Current Liabilities | 4.37 M | ||||
| Net Asset | 25.5 M |
About AudioEye Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze AudioEye's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AudioEye using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AudioEye 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards AudioEye in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, AudioEye's short interest history, or implied volatility extrapolated from AudioEye options trading.
Pair Trading with AudioEye
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 AudioEye 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 AudioEye will appreciate offsetting losses from the drop in the long position's value.Moving together with AudioEye Stock
| 0.65 | DJCO | Daily Journal Corp | PairCorr |
| 0.64 | BL | Blackline Financial Report 2nd of May 2024 | PairCorr |
Moving against AudioEye Stock
| 0.85 | U | Unity Software Financial Report 8th of May 2024 | PairCorr |
| 0.83 | WK | Workiva Financial Report 7th of May 2024 | PairCorr |
| 0.78 | EB | Eventbrite Class A Financial Report 14th of May 2024 | PairCorr |
| 0.77 | DT | Dynatrace Holdings LLC Financial Report 15th of May 2024 | PairCorr |
| 0.7 | DV | DoubleVerify Holdings Financial Report 8th of May 2024 | PairCorr |
The ability to find closely correlated positions to AudioEye could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AudioEye 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 AudioEye - 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 AudioEye to buy it.
The correlation of AudioEye 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 AudioEye moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AudioEye 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 AudioEye 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.Check out AudioEye Piotroski F Score and AudioEye Altman Z Score analysis. For information on how to trade AudioEye Stock refer to our How to Trade AudioEye Stock guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for AudioEye Stock analysis
When running AudioEye's price analysis, check to measure AudioEye's 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 AudioEye is operating at the current time. Most of AudioEye's value examination focuses on studying past and present price action to predict the probability of AudioEye's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AudioEye's price. Additionally, you may evaluate how the addition of AudioEye to your portfolios can decrease your overall portfolio volatility.
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Is AudioEye's 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 AudioEye. If investors know AudioEye 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 AudioEye listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.50) | Revenue Per Share 2.662 | Quarterly Revenue Growth 0.017 | Return On Assets (0.12) | Return On Equity (0.68) |
The market value of AudioEye is measured differently than its book value, which is the value of AudioEye that is recorded on the company's balance sheet. Investors also form their own opinion of AudioEye's value that differs from its market value or its book value, called intrinsic value, which is AudioEye's 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 AudioEye's market value can be influenced by many factors that don't directly affect AudioEye's 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 AudioEye's value and its price as these two are different measures arrived at by different means. Investors typically determine if AudioEye is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AudioEye's 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.