Audiocodes Stock Market Value
| AUDC Stock | USD 9.10 0.23 2.47% |
| Symbol | AudioCodes |
AudioCodes 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 AudioCodes. If investors know AudioCodes 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 AudioCodes 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 (0.35) | Dividend Share 0.18 | Earnings Share 0.4 | Revenue Per Share 8.046 | Quarterly Revenue Growth (0.02) |
The market value of AudioCodes is measured differently than its book value, which is the value of AudioCodes that is recorded on the company's balance sheet. Investors also form their own opinion of AudioCodes' value that differs from its market value or its book value, called intrinsic value, which is AudioCodes' 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 AudioCodes' market value can be influenced by many factors that don't directly affect AudioCodes' 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 AudioCodes' value and its price as these two are different measures arrived at by different means. Investors typically determine if AudioCodes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AudioCodes' 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.
AudioCodes '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 AudioCodes' 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 AudioCodes.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in AudioCodes on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding AudioCodes or generate 0.0% return on investment in AudioCodes over 720 days. AudioCodes is related to or competes with Aviat Networks, Silicom, Akoustis Technologies, Gilat Satellite, Cambium Networks, Ceragon Networks, and KVH Industries. AudioCodes Ltd. provides advanced communications software, products, and productivity solutions for the digital workplac... More
AudioCodes 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 AudioCodes' 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 AudioCodes upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 20.39 | |||
| Value At Risk | (3.37) | |||
| Potential Upside | 4.39 |
AudioCodes Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AudioCodes' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AudioCodes' standard deviation. In reality, there are many statistical measures that can use AudioCodes historical prices to predict the future AudioCodes' volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.66) | |||
| Treynor Ratio | 0.392 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of AudioCodes' 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.
AudioCodes Backtested Returns
AudioCodes secures Sharpe Ratio (or Efficiency) of -0.0721, which signifies that the company had a -0.0721% return per unit of standard deviation over the last 3 months. AudioCodes exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AudioCodes' risk adjusted performance of (0.05), and Mean Deviation of 1.9 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.57, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning AudioCodes are expected to decrease at a much lower rate. During the bear market, AudioCodes is likely to outperform the market. At this point, AudioCodes has a negative expected return of -0.21%. Please make sure to confirm AudioCodes' potential upside, day median price, and the relationship between the treynor ratio and accumulation distribution , to decide if AudioCodes performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.67 |
Good predictability
AudioCodes has good predictability. Overlapping area represents the amount of predictability between AudioCodes time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 AudioCodes price movement. The serial correlation of 0.67 indicates that around 67.0% of current AudioCodes price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 1.77 |
AudioCodes lagged returns against current returns
Autocorrelation, which is AudioCodes 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 AudioCodes' stock expected returns. We can calculate the autocorrelation of AudioCodes returns to help us make a trade decision. For example, suppose you find that AudioCodes 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 |
AudioCodes 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 AudioCodes stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AudioCodes stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AudioCodes stock over time.
Current vs Lagged Prices |
| Timeline |
AudioCodes Lagged Returns
When evaluating AudioCodes' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AudioCodes stock have on its future price. AudioCodes 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, AudioCodes autocorrelation shows the relationship between AudioCodes stock current value and its past values and can show if there is a momentum factor associated with investing in AudioCodes.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether AudioCodes offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AudioCodes' 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 Audiocodes Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Audiocodes Stock:Check out AudioCodes Correlation, AudioCodes Volatility and AudioCodes Alpha and Beta module to complement your research on AudioCodes. For information on how to trade AudioCodes Stock refer to our How to Trade AudioCodes Stock guide.You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
AudioCodes 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.