Is WiSA Technologies Stock a Good Investment?
WiSA Technologies Investment Advice | WISA |
- Examine WiSA Technologies' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research WiSA Technologies' leadership team and their track record. Good management can help WiSA Technologies navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Semiconductors & Semiconductor Equipment space and any emerging trends that could impact WiSA Technologies' business and its evolving consumer preferences.
- Compare WiSA Technologies' performance and market position to its competitors. Analyze how WiSA Technologies is positioned in terms of product offerings, innovation, and market share.
- Check if WiSA Technologies pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about WiSA Technologies' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in WiSA Technologies stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that 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. Below is a detailed guide on how to decide if WiSA Technologies is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Modest | Details | |
Volatility | Abnormally volatile | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | High | Details | |
Economic Sensitivity | Moves completely opposite to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine WiSA Technologies Stock
Researching WiSA Technologies' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 21.0% of the company outstanding shares are owned by insiders. The company recorded a loss per share of 1252.4. WiSA Technologies last dividend was issued on the 9th of April 2020. The entity had 1:150 split on the 15th of April 2024.
To determine if WiSA Technologies is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding WiSA Technologies' research are outlined below:
| WiSA Technologies is way too risky over 90 days horizon | |
| WiSA Technologies may become a speculative penny stock | |
| WiSA Technologies appears to be risky and price may revert if volatility continues | |
| WiSA Technologies has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 2.08 M. Net Loss for the year was (18.72 M) with profit before overhead, payroll, taxes, and interest of 395 K. | |
| WiSA Technologies currently holds about 4.76 M in cash with (14.83 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.28. | |
| WiSA Technologies has a poor financial position based on the latest SEC disclosures | |
| Roughly 21.0% of the company outstanding shares are owned by insiders | |
| Latest headline from investing.com: Wisa Technologies executive sells shares worth 114 |
WiSA Technologies uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in WiSA Technologies. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to WiSA Technologies' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Earnings surprises can significantly impact WiSA Technologies' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises WiSA Technologies' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-11-15 | 2023-09-30 | -0.84 | -0.97 | -0.13 | 15 | ||
2023-08-15 | 2023-06-30 | -1.62 | -1.2 | 0.42 | 25 | ||
2024-11-14 | 2024-09-30 | -0.67 | -1.39 | -0.72 | 107 | ||
2023-05-16 | 2023-03-31 | -3.36 | -0.53 | 2.83 | 84 | ||
2022-03-11 | 2021-12-31 | -22 | -19.0 | 3.0 | 13 | ||
2021-03-16 | 2020-12-31 | -35.67 | -32.0 | 3.67 | 10 | ||
2024-05-20 | 2024-03-31 | -1.55 | -5.35 | -3.8 | 245 | ||
2022-08-15 | 2022-06-30 | -23 | -27.0 | -4.0 | 17 |
Know WiSA Technologies' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as WiSA Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading WiSA Technologies backward and forwards among themselves. WiSA Technologies' institutional investor refers to the entity that pools money to purchase WiSA Technologies' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 4.0 | Pnc Financial Services Group Inc | 2024-09-30 | 1.0 | Schonfeld Strategic Advisors Llc | 2024-09-30 | 0.0 | Cypress Capital, Llc | 2024-09-30 | 0.0 | Anson Funds Management Lp | 2024-09-30 | 353.1 K | Geode Capital Management, Llc | 2024-09-30 | 44 K | Jane Street Group Llc | 2024-06-30 | 19.8 K | Vanguard Group Inc | 2024-09-30 | 13.3 K | Coconut Grove Bank | 2024-09-30 | 5 K | Ubs Group Ag | 2024-06-30 | 4.4 K | Tower Research Capital Llc | 2024-06-30 | 3 K |
WiSA Technologies' market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 12.58 M.Market Cap |
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WiSA Technologies' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (3.88) | (4.08) | |
| Return On Capital Employed | (18.09) | (17.19) | |
| Return On Assets | (3.88) | (4.08) | |
| Return On Equity | 3.81 | 4.00 |
Determining WiSA Technologies' profitability involves analyzing its financial statements and using various financial metrics to determine if WiSA Technologies is a good buy. For example, gross profit margin measures WiSA Technologies' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of WiSA Technologies' profitability and make more informed investment decisions.
Please note, the presentation of WiSA Technologies' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, WiSA Technologies' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of WiSA Technologies' management manipulating its earnings.
Evaluate WiSA Technologies' management efficiency
WiSA Technologies has return on total asset (ROA) of (1.3115) % which means that it has lost $1.3115 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (8.5318) %, meaning that it created substantial loss on money invested by shareholders. WiSA Technologies' management efficiency ratios could be used to measure how well WiSA Technologies manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Equity is expected to grow to 4.00, whereas Return On Tangible Assets are forecasted to decline to (4.08). At present, WiSA Technologies' Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 7 M, whereas Net Tangible Assets are forecasted to decline to (2.4 M).| Last Reported | Projected for Next Year | ||
| Book Value Per Share | (93.25) | (97.91) | |
| Tangible Book Value Per Share | (93.25) | (97.91) | |
| Enterprise Value Over EBITDA | (0.05) | (0.06) | |
| Price Book Value Ratio | (0.19) | (0.20) | |
| Enterprise Value Multiple | (0.05) | (0.06) | |
| Price Fair Value | (0.19) | (0.20) | |
| Enterprise Value | 1.1 M | 1.1 M |
Leadership at WiSA Technologies emphasizes sustainable growth and financial prudence. Our analysis evaluates how these priorities impact the stock's performance in the market.
Beta (0.37) |
Basic technical analysis of WiSA Stock
As of the 28th of November, WiSA Technologies maintains the Mean Deviation of 6.82, market risk adjusted performance of (0.22), and Downside Deviation of 7.01. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of WiSA Technologies, as well as the relationship between them.WiSA Technologies' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific WiSA Technologies insiders, such as employees or executives, is commonly permitted as long as it does not rely on WiSA Technologies' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases WiSA Technologies insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
WiSA Technologies' Outstanding Corporate Bonds
WiSA Technologies issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. WiSA Technologies uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most WiSA bonds can be classified according to their maturity, which is the date when WiSA Technologies has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View |
Understand WiSA Technologies' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing WiSA Technologies' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0448 | |||
| Market Risk Adjusted Performance | (0.22) | |||
| Mean Deviation | 6.82 | |||
| Semi Deviation | 6.15 | |||
| Downside Deviation | 7.01 | |||
| Coefficient Of Variation | 2172.97 | |||
| Standard Deviation | 16.69 | |||
| Variance | 278.55 | |||
| Information Ratio | 0.0385 | |||
| Jensen Alpha | 1.14 | |||
| Total Risk Alpha | (1.75) | |||
| Sortino Ratio | 0.0917 | |||
| Treynor Ratio | (0.23) | |||
| Maximum Drawdown | 141.34 | |||
| Value At Risk | (10.53) | |||
| Potential Upside | 8.6 | |||
| Downside Variance | 49.12 | |||
| Semi Variance | 37.82 | |||
| Expected Short fall | (9.75) | |||
| Skewness | 6.49 | |||
| Kurtosis | 48.73 |
| Risk Adjusted Performance | 0.0448 | |||
| Market Risk Adjusted Performance | (0.22) | |||
| Mean Deviation | 6.82 | |||
| Semi Deviation | 6.15 | |||
| Downside Deviation | 7.01 | |||
| Coefficient Of Variation | 2172.97 | |||
| Standard Deviation | 16.69 | |||
| Variance | 278.55 | |||
| Information Ratio | 0.0385 | |||
| Jensen Alpha | 1.14 | |||
| Total Risk Alpha | (1.75) | |||
| Sortino Ratio | 0.0917 | |||
| Treynor Ratio | (0.23) | |||
| Maximum Drawdown | 141.34 | |||
| Value At Risk | (10.53) | |||
| Potential Upside | 8.6 | |||
| Downside Variance | 49.12 | |||
| Semi Variance | 37.82 | |||
| Expected Short fall | (9.75) | |||
| Skewness | 6.49 | |||
| Kurtosis | 48.73 |
Consider WiSA Technologies' intraday indicators
WiSA Technologies intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of WiSA Technologies stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
WiSA Technologies time-series forecasting models is one of many WiSA Technologies' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary WiSA Technologies' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
WiSA Stock media impact
Far too much social signal, news, headlines, and media speculation about WiSA Technologies that are available to investors today. That information is available publicly through WiSA media outlets and privately through word of mouth or via WiSA internal channels. However, regardless of the origin, that massive amount of WiSA data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of WiSA Technologies news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of WiSA Technologies relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to WiSA Technologies' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive WiSA Technologies alpha.
WiSA Technologies Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards WiSA Technologies can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Already Invested in WiSA Technologies?
The danger of trading WiSA 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 WiSA 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 WiSA Technologies. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile WiSA 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.
When determining whether WiSA Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WiSA 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 Wisa Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wisa Technologies Stock: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WiSA Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade WiSA Stock refer to our How to Trade WiSA Stock guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Semiconductors & Semiconductor 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 WiSA Technologies. If investors know WiSA 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 WiSA Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share -1.3 K | Revenue Per Share 1.648 | Quarterly Revenue Growth (0.19) | Return On Assets (1.31) | Return On Equity (8.53) |
The market value of WiSA Technologies is measured differently than its book value, which is the value of WiSA that is recorded on the company's balance sheet. Investors also form their own opinion of WiSA Technologies' value that differs from its market value or its book value, called intrinsic value, which is WiSA 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 WiSA Technologies' market value can be influenced by many factors that don't directly affect WiSA Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between WiSA Technologies' value and its price, as these two are different measures arrived at by various means. Investors typically determine if WiSA Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WiSA 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.