Aehr Test Story

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AEHR -- USA Stock  

USD 2.44  0.11  4.72%

While some millenniums are indifferent towards technology space, it makes sense to sum up Aehr Test Systems in terms of its current potentials. Although we do see a spike in the economy, for short-term oriented investors. it may not be the right time to get in. Lots of the inclinations of the company stock price movements has been a rough manifestation of what is happening in the market overall. Invariable basic indicators of the enterprise may also connote signals of long-running gains for Aehr Test retail investors. Aehr Test Systems is scheduled to announce its earnings today.
Published over a week ago
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Will Aehr Test (NASDAQ:AEHR) price continue to spike in February?
The company's average rating is Strong Buy from 1 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on Aehr Test market sentiment investors' perception of the future value of Aehr Test. Let us look at a few aspects of Aehr Test technical analysis. About 14.0% of the company shares are held by company insiders. The book value of Aehr Test was presently reported as 0.53. Aehr Test Systems has Price/Earnings To Growth (PEG) ratio of 2.53. The entity recorded a loss per share of 0.1. The firm had not issued any dividends in recent years.
Using predictive technical analysis, we will analyze different prices and returns patterns and diagnose historical swings to determine the real value of Aehr Test Systems. In general, we focus on analyzing Aehr Test stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Aehr Test's daily price indicators and compare them against related drivers such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Aehr Test's intrinsic value. In addition to deriving basic predictive indicators for Aehr Test, we also check how macroeconomic factors affect Aehr Test price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Aehr Test's stock 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 Aehr Test in the context of predictive analytics.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Aehr Test. Your research has to be compared to or analyzed against Aehr Test's peers to derive any actionable benefits. When done correctly, Aehr Test's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Aehr Test Systems.

How does Aehr Test Stands against Peers?

Analyzing Aehr Test competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to Aehr Test across multiple sectors and thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be.
Check out Aehr Test Competition Details

How Aehr Test utilizes its cash?

To perform a cash flow analysis of Aehr Test, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Aehr Test is receiving and how much cash it distributes out in a given period. The Aehr Test cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. Aehr Test Net Cash Flow from Operations is relatively stable at the moment as compared to the past year. Aehr Test reported last year Net Cash Flow from Operations of (1.82 Million)

Closer look at Aehr Test Mean Deviation

Aehr Test Systems has current Mean Deviation of 3.15. The mean deviation of the equity instrument is the first measure of the distances between each value of security historical prices and the mean. It gives us an idea of how spread out from the center the distribution of returns.

Mean Deviation is the average of the absolute values of the differences between price distribution numbers and their mean. Mean deviation of equity instrument with a lot of historical data is a biased estimator because the time horizon used in calculation will always be much smaller than the entire price history of the equity. The mean deviation is typically used as a measure of dispersion for small investment horizon, otherwise standard deviation is a better measure of dispersion.

Mean Deviation 
 = 
SUM(RET DEV) 
 = 
3.15
SUM = Summation notation
RET DEV = Sum of return deviations of Aehr Test
N = Number of calculation points for selected time horizon
Let's now compare Aehr Test Mean Deviation to its closest peers:
AEHR
DQ
EMAN
ENTG
EVTN
AEHR3.153233760789715
DQ4.4
EMAN3.65
ENTG1.45
EVTN31.35

Our perspective of the latest Aehr Test spike

The information ratio is down to 0.18 as of today. As of the 7th of January, Aehr Test shows the mean deviation of 3.15, and Risk Adjusted Performance of 0.2314. Aehr Test Systems technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Aehr Test Systems, which can be compared to its rivals. Please confirm Aehr Test Systems variance, as well as the relationship between the value at risk and skewness to decide if Aehr Test Systems is priced correctly, providing market reflects its regular price of 2.55 per share. Please also double-check Aehr Test Systems total risk alpha, which is currently at 0.2837 to validate the company can sustain itself at a future point.

The Current Takeaway on Aehr Test Investment

While some other entities under the semiconductor equipment & materials industry are still a bit expensive, Aehr Test may offer a potential longer-term growth to retail investors. Taking everything into account, as of the 7th of January 2021, we believe that Aehr Test is currently undervalued with below average chance of distress in the next two years. Our present 30 days 'Buy-vs-Sell' recommendation on the enterprise is Strong Buy.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Aehr Test Systems. Please refer to our Terms of Use for any information regarding our disclosure principles.

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