Aeye Inc Stock Market Value
| LIDR Stock | USD 1.04 0.08 7.14% |
| Symbol | Aeye |
Aeye Inc Price To Book Ratio
Is Aeye'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 Aeye. If investors know Aeye 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 Aeye listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (14.95) | Revenue Per Share 0.251 | Quarterly Revenue Growth (0.94) | Return On Assets (0.46) | Return On Equity (1.42) |
The market value of Aeye Inc is measured differently than its book value, which is the value of Aeye that is recorded on the company's balance sheet. Investors also form their own opinion of Aeye's value that differs from its market value or its book value, called intrinsic value, which is Aeye'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 Aeye's market value can be influenced by many factors that don't directly affect Aeye'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 Aeye's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aeye is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aeye'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.
Aeye '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 Aeye'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 Aeye.
| 03/17/2024 |
| 04/16/2024 |
If you would invest 0.00 in Aeye on March 17, 2024 and sell it all today you would earn a total of 0.00 from holding Aeye Inc or generate 0.0% return on investment in Aeye over 30 days. Aeye is related to or competes with Innoviz Technologies. AEye, Inc. provides lidar systems for vehicle autonomy, advanced driver-assistance systems, and robotic vision applicati... More
Aeye 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 Aeye'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 Aeye Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 61.01 | |||
| Value At Risk | (11.36) | |||
| Potential Upside | 16.35 |
Aeye Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aeye's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aeye's standard deviation. In reality, there are many statistical measures that can use Aeye historical prices to predict the future Aeye's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (1.00) | |||
| Treynor Ratio | (0.11) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aeye'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.
Aeye Inc Backtested Returns
Aeye Inc secures Sharpe Ratio (or Efficiency) of -0.0124, which signifies that the company had a -0.0124% return per unit of risk over the last 3 months. Aeye Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aeye's Risk Adjusted Performance of (0), mean deviation of 5.99, and Standard Deviation of 9.44 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.82, which signifies 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, Aeye will likely underperform. Aeye Inc has an expected return of -0.11%. Please make sure to confirm Aeye Inc potential upside, rate of daily change, as well as the relationship between the Rate Of Daily Change and period momentum indicator , to decide if Aeye Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.16 |
Very weak predictability
Aeye Inc has very weak predictability. Overlapping area represents the amount of predictability between Aeye time series from 17th of March 2024 to 1st of April 2024 and 1st of April 2024 to 16th 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 Aeye Inc price movement. The serial correlation of 0.16 indicates that over 16.0% of current Aeye price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Aeye Inc lagged returns against current returns
Autocorrelation, which is Aeye 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 Aeye's stock expected returns. We can calculate the autocorrelation of Aeye returns to help us make a trade decision. For example, suppose you find that Aeye 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 |
Aeye 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 Aeye stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aeye stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aeye stock over time.
Current vs Lagged Prices |
| Timeline |
Aeye Lagged Returns
When evaluating Aeye's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aeye stock have on its future price. Aeye 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, Aeye autocorrelation shows the relationship between Aeye stock current value and its past values and can show if there is a momentum factor associated with investing in Aeye Inc.
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 Aeye 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, Aeye's short interest history, or implied volatility extrapolated from Aeye options trading.
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Try AI Portfolio ArchitectCheck out Aeye Correlation, Aeye Volatility and Aeye Alpha and Beta module to complement your research on Aeye. Note that the Aeye Inc information on this page should be used as a complementary analysis to other Aeye's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Aeye Stock analysis
When running Aeye's price analysis, check to measure Aeye'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 Aeye is operating at the current time. Most of Aeye's value examination focuses on studying past and present price action to predict the probability of Aeye's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aeye's price. Additionally, you may evaluate how the addition of Aeye to your portfolios can decrease your overall portfolio volatility.
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Aeye 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.