Bk Technologies Stock Market Value
| BKTI Stock | USD 33.18 0.29 0.87% |
| Symbol | BKTI |
BK Technologies Price To Book Ratio
Is Communications Equipment space 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 BK Technologies. If investors know BKTI 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 BK Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.667 | Earnings Share 1.39 | Revenue Per Share 21.429 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0514 |
The market value of BK Technologies is measured differently than its book value, which is the value of BKTI that is recorded on the company's balance sheet. Investors also form their own opinion of BK Technologies' value that differs from its market value or its book value, called intrinsic value, which is BK 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 BK Technologies' market value can be influenced by many factors that don't directly affect BK 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 BK Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if BK Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BK 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.
BK Technologies '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 BK Technologies' 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 BK Technologies.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in BK Technologies on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding BK Technologies or generate 0.0% return on investment in BK Technologies over 30 days. BK Technologies is related to or competes with Frequency Electronics, Actelis Networks, Optical Cable, Baylin Technologies, Lantronix, Ondas Holdings, and Airgain. BK Technologies Corporation, through its subsidiary, BK Technologies, Inc., engages in design, manufacture, and markets ... More
BK Technologies 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 BK Technologies' 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 BK Technologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.89 | |||
| Information Ratio | 0.1247 | |||
| Maximum Drawdown | 27.34 | |||
| Value At Risk | (6.36) | |||
| Potential Upside | 10.44 |
BK Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BK Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BK Technologies' standard deviation. In reality, there are many statistical measures that can use BK Technologies historical prices to predict the future BK Technologies' volatility.| Risk Adjusted Performance | 0.124 | |||
| Jensen Alpha | 0.6256 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.1682 | |||
| Treynor Ratio | 0.6397 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BK Technologies' 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.
BK Technologies Backtested Returns
BK Technologies appears to be not too volatile, given 3 months investment horizon. BK Technologies retains Efficiency (Sharpe Ratio) of 0.15, which signifies that the company had a 0.15% return per unit of price deviation over the last 3 months. By evaluating BK Technologies' technical indicators, you can evaluate if the expected return of 0.78% is justified by implied risk. Please makes use of BK Technologies' Market Risk Adjusted Performance of 0.6497, standard deviation of 5.24, and Coefficient Of Variation of 662.23 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, BK Technologies holds a performance score of 11. The firm owns a Beta (Systematic Risk) of 1.22, 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, BK Technologies will likely underperform. Please check BK Technologies' coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether BK Technologies' current price history will revert.
Auto-correlation | -0.46 |
Modest reverse predictability
BK Technologies has modest reverse predictability. Overlapping area represents the amount of predictability between BK Technologies time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 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 BK Technologies price movement. The serial correlation of -0.46 indicates that about 46.0% of current BK Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.46 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 1.25 |
BK Technologies lagged returns against current returns
Autocorrelation, which is BK Technologies 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 BK Technologies' stock expected returns. We can calculate the autocorrelation of BK Technologies returns to help us make a trade decision. For example, suppose you find that BK Technologies 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 |
BK Technologies 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 BK Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BK Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BK Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
BK Technologies Lagged Returns
When evaluating BK Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BK Technologies stock have on its future price. BK Technologies 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, BK Technologies autocorrelation shows the relationship between BK Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in BK Technologies.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether BK Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BK Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bk Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bk Technologies Stock:Check out BK Technologies Correlation, BK Technologies Volatility and BK Technologies Alpha and Beta module to complement your research on BK Technologies. For more detail on how to invest in BKTI Stock please use our How to Invest in BK Technologies guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
BK 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.