Koss Beta vs. Market Capitalization

KOSS Stock  USD 2.57  0.07  2.65%   
Based on Koss' profitability indicators, Koss Corporation is yielding more profit at this time then in previous quarter. It has a moderate probability of reporting better profitability numbers in April. Profitability indicators assess Koss' ability to earn profits and add value for shareholders. Price To Sales Ratio is likely to gain to 2.60 in 2024. Operating Cash Flow Sales Ratio is likely to gain to 0.77 in 2024. At this time, Koss' Income Before Tax is comparatively stable compared to the past year. Total Other Income Expense Net is likely to gain to about 39.8 M in 2024, despite the fact that Operating Income is likely to grow to (21.3 M).
For Koss profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Koss to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Koss Corporation utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Koss's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Koss Corporation over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Is Koss' 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 Koss. If investors know Koss 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 Koss 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
0.371
Earnings Share
(0.12)
Revenue Per Share
1.429
Quarterly Revenue Growth
0.024
Return On Assets
(0.03)
The market value of Koss is measured differently than its book value, which is the value of Koss that is recorded on the company's balance sheet. Investors also form their own opinion of Koss' value that differs from its market value or its book value, called intrinsic value, which is Koss' 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 Koss' market value can be influenced by many factors that don't directly affect Koss' 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 Koss' value and its price as these two are different measures arrived at by different means. Investors typically determine if Koss is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Koss' 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.

Koss Market Capitalization vs. Beta Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Koss's current stock value. Our valuation model uses many indicators to compare Koss value to that of its competitors to determine the firm's financial worth.
Koss Corporation is rated below average in beta category among related companies. It is rated below average in market capitalization category among related companies . . Comparative valuation analysis is a catch-all model that can be used if you cannot value Koss by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Koss' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Koss' earnings, one of the primary drivers of an investment's value.

Koss Market Capitalization vs. Beta

Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Koss

Beta

 = 

Covariance

Variance

 = 
-0.82
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.

Koss

Market Cap

 = 

Shares Outstanding

X

Share Price

 = 
23.78 M
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.

Koss Market Capitalization vs Competition

Koss Corporation is rated below average in market capitalization category among related companies. Market capitalization of Consumer Discretionary industry is now estimated at about 30.06 Billion. Koss adds roughly 23.78 Million in market capitalization claiming only tiny portion of stocks in Consumer Discretionary industry.
Capitalization  Workforce  Valuation  Revenue  Total debt

Beta Analysis

As returns on the market increase, returns on owning Koss are expected to decrease at a much lower rate. During the bear market, Koss is likely to outperform the market.

Koss Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Koss, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Koss will eventually generate negative long term returns. The profitability progress is the general direction of Koss' change in net profit over the period of time. It can combine multiple indicators of Koss, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for 2024
Accumulated Other Comprehensive Income-9.1 M-9.6 M
Operating Income-22.4 M-21.3 M
Income Before Tax7.8 M8.1 M
Total Other Income Expense Net38 M39.8 M
Net Income7.5 M7.8 M
Income Tax Expense285.6 K271.4 K
Net Income Applicable To Common Shares7.5 M7.8 M
Net Income From Continuing Ops9.5 M10 M
Non Operating Income Net Other38 M39.8 M
Interest Income598.9 K628.9 K
Net Interest Income598.9 K628.9 K
Change To Netincome151.7 K144.1 K
Net Income Per E B T 0.87  0.75 

Koss Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Koss. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Koss position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Koss' important profitability drivers and their relationship over time.

Use Koss in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Koss position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Koss will appreciate offsetting losses from the drop in the long position's value.

Koss Pair Trading

Koss Corporation Pair Trading Analysis

The ability to find closely correlated positions to Koss could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Koss when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Koss - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Koss Corporation to buy it.
The correlation of Koss is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Koss moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Koss moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Koss can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Koss position

In addition to having Koss in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Global Macro ETFs Thematic Idea Now

Global Macro ETFs
Global Macro ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Global Macro ETFs theme has 21 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Global Macro ETFs Theme or any other thematic opportunities.
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When determining whether Koss is a strong investment it is important to analyze Koss' 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 Koss' future performance. For an informed investment choice regarding Koss Stock, refer to the following important reports:
Check out Correlation Analysis.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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When running Koss' price analysis, check to measure Koss' 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 Koss is operating at the current time. Most of Koss' value examination focuses on studying past and present price action to predict the probability of Koss' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Koss' price. Additionally, you may evaluate how the addition of Koss to your portfolios can decrease your overall portfolio volatility.
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To fully project Koss' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Koss at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Koss' income statement, its balance sheet, and the statement of cash flows.
Potential Koss investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Koss investors may work on each financial statement separately, they are all related. The changes in Koss's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Koss's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.