Auddia Inc Stock Market Value
| AUUD Stock | USD 0.58 0.03 5.45% |
| Symbol | Auddia |
Auddia Inc Price To Book Ratio
Is Application Software 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 Auddia. If investors know Auddia 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 Auddia listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.16) | Quarterly Revenue Growth (1.00) | Return On Assets (0.75) | Return On Equity (2.03) |
The market value of Auddia Inc is measured differently than its book value, which is the value of Auddia that is recorded on the company's balance sheet. Investors also form their own opinion of Auddia's value that differs from its market value or its book value, called intrinsic value, which is Auddia's 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 Auddia's market value can be influenced by many factors that don't directly affect Auddia's 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 Auddia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Auddia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Auddia's 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.
Auddia '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 Auddia's 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 Auddia.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Auddia on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Auddia Inc or generate 0.0% return on investment in Auddia over 30 days. Auddia is related to or competes with MondayCom, Gitlab, and DocuSign. Auddia Inc., a technology company, develops software products for the audio and podcast markets More
Auddia 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 Auddia's 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 Auddia Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 49.98 | |||
| Value At Risk | (8.20) | |||
| Potential Upside | 8.77 |
Auddia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Auddia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Auddia's standard deviation. In reality, there are many statistical measures that can use Auddia historical prices to predict the future Auddia's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.67) | |||
| Total Risk Alpha | (1.72) | |||
| Treynor Ratio | 1.12 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Auddia's 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.
Auddia Inc Backtested Returns
Auddia Inc secures Sharpe Ratio (or Efficiency) of -0.2, which signifies that the company had a -0.2% return per unit of standard deviation over the last 3 months. Auddia Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Auddia's mean deviation of 4.05, and Risk Adjusted Performance of (0.08) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.66, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Auddia are expected to decrease at a much lower rate. During the bear market, Auddia is likely to outperform the market. At this point, Auddia Inc has a negative expected return of -1.01%. Please make sure to confirm Auddia's jensen alpha and the relationship between the value at risk and day typical price , to decide if Auddia Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.1 |
Very weak reverse predictability
Auddia Inc has very weak reverse predictability. Overlapping area represents the amount of predictability between Auddia time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Auddia Inc price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Auddia price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Auddia Inc lagged returns against current returns
Autocorrelation, which is Auddia 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 Auddia's stock expected returns. We can calculate the autocorrelation of Auddia returns to help us make a trade decision. For example, suppose you find that Auddia 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 |
Auddia 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 Auddia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Auddia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Auddia stock over time.
Current vs Lagged Prices |
| Timeline |
Auddia Lagged Returns
When evaluating Auddia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Auddia stock have on its future price. Auddia 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, Auddia autocorrelation shows the relationship between Auddia stock current value and its past values and can show if there is a momentum factor associated with investing in Auddia Inc.
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 Auddia Inc is a strong investment it is important to analyze Auddia's 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 Auddia's future performance. For an informed investment choice regarding Auddia Stock, refer to the following important reports:Check out Auddia Correlation, Auddia Volatility and Auddia Alpha and Beta module to complement your research on Auddia. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Auddia 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.