Kopin Cp currently holds roughly 20.75
M in cash with (4.42
M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.24.
On a scale of 0 to 100, Kopin Cp holds a
performance score of 5. The company secures a Beta (Market Risk) of 1.1733, which conveys a somewhat significant risk relative to the market. Let's try to break down what Kopin's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Kopin Cp will likely underperform. Although it is vital to follow
Kopin Cp price patterns, it is good to be conservative about what you can do with the information regarding equity historical
price patterns. The philosophy towards estimating
future performance of any stock is to evaluate the business as a whole together with its past performance, including all
available fundamental and
technical indicators. We have found twenty-seven
technical indicators for Kopin Cp, which you can use to evaluate the performance of the firm. Please exercises Kopin Cp
maximum drawdown, as well as the
relationship between the expected short fall and
rate of daily change to make a quick decision on whether Kopin Cp current price movements will revert.
Investing in Kopin, just like investing in any other equity instrument, is characterized by a strong risk-return correlation. High risks mean high returns and low risk means lower expected returns. Risk management is the act of identifying and assessing the potential risk and developing strategies to minimize these risks and earn maximum possible profits while holding Kopin along with other instruments in the same portfolio. Using conventional
technical analysis and
fundamental analysis to select individual securities into a portfolio complements risk management and adds value to overall investors' investing strategies.
Sophisticated investors, who have witnessed
many market ups and downs, anticipate that the market will even out over time. This tendency of Kopin's 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 note, it is not enough to conduct a financial or market analysis of a single entity such as Kopin. Your research has to be compared to or analyzed against Kopin's peers to derive any actionable benefits. When done correctly, Kopin's 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 Kopin.
How important is Kopin's Liquidity
Kopin
financial leverage refers to using borrowed capital as a funding source to finance Kopin ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Kopin financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Kopin's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Kopin's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the
breakdown between Kopin's total debt and its cash.
Kopin Correlation with Peers
Investors in Kopin can reduce exposure to individual asset risk by holding a diversified portfolio of assets in addition to a long position in Kopin. Diversification will allow for the same portfolio return with reduced risk. The correlation table of Kopin and its peers is a two-dimensional matrix that shows the correlation coefficient between pairs of securities Kopin is related in some way. The cells in the table are color-coded to highlight significantly positive and negative relationships. Each cell shows the correlation between one pair of equities and can be used to run pair trading strategies or create efficient portfolios with
your current brokerage. Please check
volatility of Kopin for more details
Going after Kopin Financials
Kopin Cp appears to be relatively risky, given 1 month investment horizon.
Kopin Cp has Sharpe Ratio of 0.0768, which conveys that the firm had 0.0768% of return per unit of risk over the last month. Our standpoint towards estimating the volatility of a stock is to use all available market data together with stock-specific
technical indicators that cannot be
diversified away. By analyzing
Kopin Cp technical indicators you can presently evaluate if the expected return of 0.72% is justified by implied risk. Please exercise Kopin Cp's Mean Deviation of 7.85,
downside deviation of 7.99, and Risk Adjusted Performance of 0.0936 to check out if our risk estimates are consistent with your expectations.
Kopin is expecting lower volatility in June
Latest downside variance is at 63.83. Kopin Cp is displaying above-average volatility over the selected time horizon. Investors should scrutinize Kopin Cp independently to ensure intended market timing strategies are aligned with expectations about Kopin Cp volatility. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Kopin Cp's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Kopin Cp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
Our Conclusion on Kopin Cp
Whereas some other companies under the electronic components industry are still a bit expensive, Kopin Cp may offer a potential longer-term growth to institutional investors. The inconsistency in the assessment between current Kopin valuation and our trade advice on Kopin Cp is due to the recent market swings and your selection of investing horizon. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Kopin Cp.
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Raphi Shpitalnik is a Junior Member of Macroaxis Editorial Board. Raphael is a young entrepreneur who joined Macroaxis on a part-time basis at the beginning of the pandemic and eventually acquired a real taste for investing and fintech. He likes to analyze different equity instruments across a wide range of industries, focusing primarily on consumer products, sports, fintech, cannabis, and AI.
View Profile 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 Raphi Shpitalnik do not own shares of Kopin. Please refer to our
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