Akoustis Technologies Stock Performance

AKTS Stock  USD 0.62  0.02  3.13%   
On a scale of 0 to 100, Akoustis Technologies holds a performance score of 4. The firm shows a Beta (market volatility) of 4.57, 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, Akoustis Technologies will likely underperform. Although it is vital to follow Akoustis Technologies historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. Please makes use of Akoustis Technologies maximum drawdown, as well as the relationship between the skewness and day typical price to make a quick decision on whether Akoustis Technologies price patterns will revert.

Risk-Adjusted Performance

4 of 100

Compared to the overall equity markets, risk-adjusted returns on investments in Akoustis Technologies are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively inconsistent basic indicators, Akoustis Technologies unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor
Last Split Date
Financial Statements
Unclassified Event
Akoustis Technologies Secures 10.4M from Public Offering - TipRanks.com - TipRanks
Akoustis Technologies, Inc. EVP David Aichele Buys 80,000 Shares
Akoustis Technologies Founder Acquires 144 percent More Stock
Is Akoustis Technologies Inc Stock About to Get Hot Wednesday - InvestorsObserver
Akoustis Technologies Q2 2024 Earnings Preview
Akoustis Fiscal Q2 Earnings Snapshot
Akoustis Technologies, Inc. Q2 2024 Earnings Call Transcript
Q2 2024 EPS Estimates for Akoustis Technologies, Inc. Raised by Analyst
Akoustis to Attend Multiple Conferences in June 2022 - The Globe and Mail
Begin Period Cash Flow80.5 M
Total Cashflows From Investing Activities-25.1 M

Akoustis Technologies Relative Risk vs. Return Landscape

If you would invest  57.00  in Akoustis Technologies on December 1, 2023 and sell it today you would earn a total of  5.00  from holding Akoustis Technologies or generate 8.77% return on investment over 90 days. Akoustis Technologies is currently generating 0.5245% in daily expected returns and assumes 8.9816% risk (volatility on return distribution) over the 90 days horizon. In different words, 79% of stocks are less volatile than Akoustis, and 90% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Expected Return   
Given the investment horizon of 90 days Akoustis Technologies is expected to generate 13.97 times more return on investment than the market. However, the company is 13.97 times more volatile than its market benchmark. It trades about 0.06 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.2 per unit of risk.

Akoustis Technologies Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Akoustis Technologies' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Akoustis Technologies, and traders can use it to determine the average amount a Akoustis Technologies' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0584

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Estimated Market Risk

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79% of assets are less volatile

Expected Return

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90% of assets have higher returns

Risk-Adjusted Return

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96% of assets perform better
Based on monthly moving average Akoustis Technologies is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Akoustis Technologies by adding it to a well-diversified portfolio.

Akoustis Technologies Fundamentals Growth

Akoustis Stock prices reflect investors' perceptions of the future prospects and financial health of Akoustis Technologies, and Akoustis Technologies fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Akoustis Stock performance.

About Akoustis Technologies Performance

To evaluate Akoustis Technologies Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Akoustis Technologies generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Akoustis Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Akoustis Technologies market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Akoustis's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Return on Investment(42.87)(46.25)
Return on Average Assets(2.90)(2.97)
Return on Average Equity(3.00)(3.08)
Return on Invested Capital(0.55)(0.56)
Return on Sales(2.70)(2.92)

Things to note about Akoustis Technologies performance evaluation

Checking the ongoing alerts about Akoustis Technologies for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Akoustis Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Akoustis Technologies is way too risky over 90 days horizon
Akoustis Technologies has some characteristics of a very speculative penny stock
Akoustis Technologies appears to be risky and price may revert if volatility continues
Akoustis Technologies has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 27.12 M. Net Loss for the year was (63.56 M) with loss before overhead, payroll, taxes, and interest of (3.12 M).
Akoustis Technologies currently holds about 80.48 M in cash with (44.82 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.41, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Akoustis Technologies has a frail financial position based on the latest SEC disclosures
Latest headline from news.google.com: Akoustis to Attend Multiple Conferences in June 2022 - The Globe and Mail
Evaluating Akoustis Technologies' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Akoustis Technologies' stock performance include:
  • Analyzing Akoustis Technologies' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Akoustis Technologies' stock is overvalued or undervalued compared to its peers.
  • Examining Akoustis Technologies' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Akoustis Technologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Akoustis Technologies' management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Akoustis Technologies' stock. These opinions can provide insight into Akoustis Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Akoustis Technologies' stock performance is not an exact science, and many factors can impact Akoustis Technologies' stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
When determining whether Akoustis Technologies is a strong investment it is important to analyze Akoustis Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Akoustis Technologies' future performance. For an informed investment choice regarding Akoustis Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Akoustis Technologies. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Akoustis Stock please use our How to Invest in Akoustis Technologies guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for Akoustis Stock analysis

When running Akoustis Technologies' price analysis, check to measure Akoustis Technologies' 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 Akoustis Technologies is operating at the current time. Most of Akoustis Technologies' value examination focuses on studying past and present price action to predict the probability of Akoustis Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Akoustis Technologies' price. Additionally, you may evaluate how the addition of Akoustis Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Akoustis Technologies' 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 Akoustis Technologies. If investors know Akoustis 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 Akoustis Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
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The market value of Akoustis Technologies is measured differently than its book value, which is the value of Akoustis that is recorded on the company's balance sheet. Investors also form their own opinion of Akoustis Technologies' value that differs from its market value or its book value, called intrinsic value, which is Akoustis Technologies' 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 Akoustis Technologies' market value can be influenced by many factors that don't directly affect Akoustis Technologies' 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 Akoustis Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Akoustis Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akoustis Technologies' 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.