Kopin Stock Market Value
| KOPN Stock | USD 0.96 0.33 25.58% |
| Symbol | Kopin |
Kopin Price To Book Ratio
Is Kopin'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 Kopin. If investors know Kopin 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 Kopin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.18) | Revenue Per Share 0.371 | Quarterly Revenue Growth (0.30) | Return On Assets (0.23) | Return On Equity (0.74) |
The market value of Kopin is measured differently than its book value, which is the value of Kopin that is recorded on the company's balance sheet. Investors also form their own opinion of Kopin's value that differs from its market value or its book value, called intrinsic value, which is Kopin'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 Kopin's market value can be influenced by many factors that don't directly affect Kopin'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 Kopin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kopin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kopin'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.
Kopin 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Kopin's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Kopin.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Kopin on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Kopin or generate 0.0% return on investment in Kopin over 30 days. Kopin is related to or competes with Sunrun, and Sunnova Energy. Kopin Corporation, together with its subsidiaries, invents, develops, manufactures, and sells microdisplays, subassembli... More
Kopin Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Kopin's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Kopin upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 40.42 | |||
| Value At Risk | (7.41) | |||
| Potential Upside | 9.02 |
Kopin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kopin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kopin's standard deviation. In reality, there are many statistical measures that can use Kopin historical prices to predict the future Kopin's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.74) | |||
| Total Risk Alpha | (1.31) | |||
| Treynor Ratio | (0.26) |
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.
Kopin Backtested Returns
Kopin has Sharpe Ratio of -0.14, which conveys that the firm had a -0.14% return per unit of risk over the last 3 months. Kopin exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kopin's Standard Deviation of 5.79, mean deviation of 4.02, and Risk Adjusted Performance of (0.05) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 2.15, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Kopin will likely underperform. Kopin has an expected return of -0.91%. Please make sure to verify Kopin jensen alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Kopin performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.87 |
Very good predictability
Kopin has very good predictability. Overlapping area represents the amount of predictability between Kopin time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Kopin price movement. The serial correlation of 0.87 indicates that approximately 87.0% of current Kopin price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.87 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Kopin lagged returns against current returns
Autocorrelation, which is Kopin stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Kopin's stock expected returns. We can calculate the autocorrelation of Kopin returns to help us make a trade decision. For example, suppose you find that Kopin has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Kopin regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Kopin stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kopin stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kopin stock over time.
Current vs Lagged Prices |
| Timeline |
Kopin Lagged Returns
When evaluating Kopin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kopin stock have on its future price. Kopin autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Kopin autocorrelation shows the relationship between Kopin stock current value and its past values and can show if there is a momentum factor associated with investing in Kopin.
Regressed Prices |
| Timeline |
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 Kopin 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, Kopin's short interest history, or implied volatility extrapolated from Kopin options trading.
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When running Kopin's price analysis, check to measure Kopin'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 Kopin is operating at the current time. Most of Kopin's value examination focuses on studying past and present price action to predict the probability of Kopin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kopin's price. Additionally, you may evaluate how the addition of Kopin to your portfolios can decrease your overall portfolio volatility.
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Kopin technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.