Akoustis Technologies is selling for under 0.74 as of the 25th of September 2023; that is -3.9 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.7. Akoustis Technologies has more than 64 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Akoustis Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of August 2023 and ending today, the 25th of September 2023. Click here to learn more.
Technology Hardware & Equipment
14th of March 2017
Akoustis Technologies, Inc., through its subsidiary, Akoustis, Inc., designs, develops, manufactures, and sells radio frequency filter products for the mobile wireless device industry in the United States, Asia, Europe, and internationally. Akoustis Technologies, Inc. The company has 72.35 M outstanding shares of which 7.22 M shares are presently shorted by private and institutional investors with about 11.77 trading days to cover. More on Akoustis Technologies
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Akoustis Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Akoustis Technologies' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Akoustis Technologies or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Akoustis Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Akoustis Technologies jumping above the current price in 90 days from now is roughly 97.0%. The Akoustis Technologies probability density function shows the probability of Akoustis Technologies stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.7719. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Akoustis Technologies will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Akoustis Technologies is significantly underperforming NYSE Composite.
Akoustis Stock Institutional HoldersInstitutional Holdings refers to the ownership stake in Akoustis Technologies that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Akoustis Technologies' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Akoustis Technologies' value.
Akoustis Technologies Historical Income Statement
Akoustis Technologies Income Statement is one of the three primary financial statements used for reporting Akoustis's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Akoustis Technologies revenue and expense. Akoustis Technologies Income Statement primarily focuses on the company's revenues and expenses during a particular period.Akoustis Technologies Direct Expenses is comparatively stable at the moment as compared to the past year. Akoustis Technologies reported Direct Expenses of 30.24 Million in 2022. Cost of Revenue is likely to gain to about 32.6 M in 2023, despite the fact that Earning Before Interest and Taxes EBIT is likely to grow to (33.5 M). View More Fundamentals
Akoustis Stock Against Markets
Picking the right benchmark for Akoustis Technologies stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Akoustis Technologies stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Akoustis Technologies is critical whether you are bullish or bearish towards Akoustis Technologies at a given time. Please also check how Akoustis Technologies' historical prices are related to one of the top price index indicators.
Be your own money managerOur tools can tell you how much better you can do entering a position in Akoustis Technologies without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.
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Akoustis Technologies Corporate Executives
Elected by the shareholders, the Akoustis Technologies' board of directors comprises two types of representatives: Akoustis Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Akoustis. The board's role is to monitor Akoustis Technologies' management team and ensure that shareholders' interests are well served. Akoustis Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Akoustis Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
How to buy Akoustis Stock?Before investing in Akoustis Technologies, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Akoustis Technologies. To buy Akoustis Technologies stock, you can follow these steps:
- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Akoustis Technologies. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Akoustis Technologies stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Akoustis Technologies stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Akoustis Technologies stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Akoustis Technologies, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Akoustis Stock please use our How to Invest in Akoustis Technologies guide.
Already Invested in Akoustis Technologies?
The danger of trading Akoustis Technologies is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Akoustis Technologies is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Akoustis Technologies. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Akoustis Technologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 non-hispanic. For more information on how to buy Akoustis Stock please use our How to Invest in Akoustis Technologies guide. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global 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.
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.