Akoya Biosciences Stock Price on September 26, 2024

AKYA Stock  USD 2.71  0.01  0.37%   
If you're considering investing in Akoya Stock, it is important to understand the factors that can impact its price. As of today, the current price of Akoya Biosciences stands at 2.71, as last reported on the 26th of September, with the highest price reaching 2.78 and the lowest price hitting 2.66 during the day. Akoya Biosciences appears to be relatively risky, given 3 months investment horizon. Akoya Biosciences secures Sharpe Ratio (or Efficiency) of 0.0754, which signifies that the company had a 0.0754% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Akoya Biosciences, which you can use to evaluate the volatility of the firm. Please makes use of Akoya Biosciences' Risk Adjusted Performance of 0.059, mean deviation of 3.38, and Downside Deviation of 3.78 to double-check if our risk estimates are consistent with your expectations.
  
At present, Akoya Biosciences' Stock Based Compensation is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 63.7 M, whereas Total Stockholder Equity is forecasted to decline to about 48.9 M. . At present, Akoya Biosciences' Price Book Value Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 0.15, whereas Price To Sales Ratio is forecasted to decline to 2.13. Akoya Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0754

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Estimated Market Risk

 4.25
  actual daily
37
63% of assets are more volatile

Expected Return

 0.32
  actual daily
6
94% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
5
95% of assets perform better
Based on monthly moving average Akoya Biosciences is performing at about 5% 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 Akoya Biosciences by adding it to a well-diversified portfolio.
Price Book
6.2739
Enterprise Value Ebitda
(6.83)
Price Sales
1.4975
Shares Float
17.9 M
Wall Street Target Price
5

Akoya Biosciences Valuation on September 26, 2024

It is possible to determine the worth of Akoya Biosciences on a given historical date. On September 26, 2024 Akoya was worth 2.78 at the beginning of the trading date compared to the closed value of 2.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Akoya Biosciences stock. Still, in general, we apply an absolute valuation method to find Akoya Biosciences' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Akoya Biosciences where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Akoya Biosciences' related companies.
 Open High Low Close Volume
  2.82    2.82    2.69    2.72    70,016  
09/26/2024
  2.78    2.78    2.66    2.71    92,718  
Backtest Akoya Biosciences  |  Akoya Biosciences History  |  Akoya Biosciences Valuation   Previous
Open Value
2.78
2.71
Closing Value
15.54
Upside

Akoya Biosciences Trading Date Momentum on September 26, 2024

On September 26 2024 Akoya Biosciences was traded for  2.71  at the closing time. The top price for the day was 2.78  and the lowest listed price was  2.66 . The trading volume for the day was 92.7 K. The trading history from September 26, 2024 did not affect price variability. The overall trading delta against the current closing price is 2.58% .

Akoya Biosciences Fundamentals Correlations and Trends

By evaluating Akoya Biosciences' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Akoya Biosciences' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Akoya financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Akoya Biosciences Stock history

Akoya Biosciences investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Akoya is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Akoya Biosciences will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Akoya Biosciences stock prices may prove useful in developing a viable investing in Akoya Biosciences
Last ReportedProjected for Next Year
Common Stock Shares Outstanding44.4 M42.6 M
Net Loss-63.6 M-60.4 M

Akoya Biosciences Quarterly Net Working Capital

56.77 Million

Akoya Biosciences Stock Technical Analysis

Akoya Biosciences 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.
A focus of Akoya Biosciences technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Akoya Biosciences trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Akoya Biosciences Period Price Range

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September 26, 2024
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Akoya Biosciences cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Akoya Biosciences September 26, 2024 Market Strength

Market strength indicators help investors to evaluate how Akoya Biosciences stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Akoya Biosciences shares will generate the highest return on investment. By undertsting and applying Akoya Biosciences stock market strength indicators, traders can identify Akoya Biosciences entry and exit signals to maximize returns

Akoya Biosciences Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Akoya Biosciences' price direction in advance. Along with the technical and fundamental analysis of Akoya Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Akoya to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Akoya Stock analysis

When running Akoya Biosciences' price analysis, check to measure Akoya Biosciences' 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 Akoya Biosciences is operating at the current time. Most of Akoya Biosciences' value examination focuses on studying past and present price action to predict the probability of Akoya Biosciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Akoya Biosciences' price. Additionally, you may evaluate how the addition of Akoya Biosciences to your portfolios can decrease your overall portfolio volatility.
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