Akoustis Technologies Stock Alpha and Beta Analysis
| AKTS Stock | USD 0.60 0.01 1.64% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Akoustis Technologies. It also helps investors analyze the systematic and unsystematic risks associated with investing in Akoustis Technologies over a specified time horizon. Remember, high Akoustis Technologies' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Akoustis Technologies' market risk premium analysis include:
Beta 3.99 | Alpha (1.23) | Risk 8.37 | Sharpe Ratio (0.14) | Expected Return (1.13) |
Akoustis Technologies Quarterly Book Value per Share |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Akoustis |
Akoustis Technologies Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Akoustis Technologies market risk premium is the additional return an investor will receive from holding Akoustis Technologies long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Akoustis Technologies. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Akoustis Technologies' performance over market.| α | -1.23 | β | 3.99 |
Akoustis Technologies expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Akoustis Technologies' Buy-and-hold return. Our buy-and-hold chart shows how Akoustis Technologies performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Akoustis Technologies Market Price Analysis
Market price analysis indicators help investors to evaluate how Akoustis Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Akoustis Technologies shares will generate the highest return on investment. By understating and applying Akoustis Technologies stock market price indicators, traders can identify Akoustis Technologies position entry and exit signals to maximize returns.
Akoustis Technologies Return and Market Media
The median price of Akoustis Technologies for the period between Fri, Sep 1, 2023 and Thu, Nov 30, 2023 is 0.75 with a coefficient of variation of 36.74. The daily time series for the period is distributed with a sample standard deviation of 0.3, arithmetic mean of 0.8, and mean deviation of 0.2. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | EPS Reported | 09/06/2023 |
2 | Akoustis Technologies, Inc. Q4 2023 Earnings Call Transcript - Yahoo Finance | 09/07/2023 |
3 | Insider Sell CFO Kenneth Boller Sells 00 Shares of Akoustis ... - GuruFocus.com | 09/14/2023 |
4 | EPS Estimate | 09/29/2023 |
5 | Sale by Jeffrey Shealy of 13928 shares of Akoustis Technologies | 10/27/2023 |
6 | Financial Statements | 11/02/2023 |
7 | Bear of the Day Skyworks Solutions - msnNOW | 11/22/2023 |
About Akoustis Technologies Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Akoustis or other stocks. Alpha measures the amount that position in Akoustis Technologies has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2020 | 2022 | 2023 (projected) | PPandE Turnover | 0.24 | 0.5 | 0.54 | Long Term Debt to Equity | 0.42 | 0.51 | 0.62 |
Akoustis Technologies Upcoming Company Events
As portrayed in its financial statements, the presentation of Akoustis Technologies' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Akoustis Technologies' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Akoustis Technologies' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Akoustis Technologies. Please utilize our Beneish M Score to check the likelihood of Akoustis Technologies' management manipulating its earnings.
| 6th of February 2024 Upcoming Quarterly Report | View | |
| 13th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 4th of September 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of June 2023 Last Financial Announcement | View |
Build Portfolio with Akoustis Technologies
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Akoustis Technologies Backtesting, Akoustis Technologies Valuation, Akoustis Technologies Correlation, Akoustis Technologies Hype Analysis, Akoustis Technologies Volatility, Akoustis Technologies History and analyze Akoustis Technologies Performance. For more information on how to buy Akoustis Stock please use our How to Invest in Akoustis Technologies guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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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Akoustis Technologies 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.