Koss Corporation Stock Market Value
KOSS Stock | USD 3.57 0.25 7.53% |
Symbol | Koss |
Koss Price To Book Ratio
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 '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 Koss' 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 Koss.
04/09/2024 |
| 05/09/2024 |
If you would invest 0.00 in Koss on April 9, 2024 and sell it all today you would earn a total of 0.00 from holding Koss Corporation or generate 0.0% return on investment in Koss over 30 days. Koss is related to or competes with VOXX International, LG Display, Turtle Beach, Zepp Health, GoPro, and Sony Corp. Koss Corporation, together with its subsidiaries, designs, manufactures, and sells stereo headphones and related accesso... More
Koss 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 Koss' 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 Koss Corporation upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 1.79 | |||
Information Ratio | 0.0608 | |||
Maximum Drawdown | 20.67 | |||
Value At Risk | (2.65) | |||
Potential Upside | 3.27 |
Koss Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Koss' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Koss' standard deviation. In reality, there are many statistical measures that can use Koss historical prices to predict the future Koss' volatility.Risk Adjusted Performance | 0.059 | |||
Jensen Alpha | 0.2453 | |||
Total Risk Alpha | (0.20) | |||
Sortino Ratio | 0.1432 | |||
Treynor Ratio | 0.292 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Koss' 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.
Koss Backtested Returns
Koss appears to be risky, given 3 months investment horizon. Koss has Sharpe Ratio of 0.0772, which conveys that the firm had a 0.0772% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Koss, which you can use to evaluate the volatility of the firm. Please exercise Koss' Downside Deviation of 1.79, mean deviation of 2.13, and Risk Adjusted Performance of 0.059 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Koss holds a performance score of 6. The company secures a Beta (Market Risk) of 1.15, which conveys a somewhat significant risk relative to the market. Koss returns are very sensitive to returns on the market. As the market goes up or down, Koss is expected to follow. Please check Koss' total risk alpha, downside variance, as well as the relationship between the Downside Variance and daily balance of power , to make a quick decision on whether Koss' current price movements will revert.
Auto-correlation | -0.07 |
Very weak reverse predictability
Koss Corporation has very weak reverse predictability. Overlapping area represents the amount of predictability between Koss time series from 9th of April 2024 to 24th of April 2024 and 24th of April 2024 to 9th of May 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 Koss price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Koss price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.07 | |
Spearman Rank Test | -0.19 | |
Residual Average | 0.0 | |
Price Variance | 0.23 |
Koss lagged returns against current returns
Autocorrelation, which is Koss 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 Koss' stock expected returns. We can calculate the autocorrelation of Koss returns to help us make a trade decision. For example, suppose you find that Koss 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 |
Koss 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 Koss stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Koss stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Koss stock over time.
Current vs Lagged Prices |
Timeline |
Koss Lagged Returns
When evaluating Koss' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Koss stock have on its future price. Koss 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, Koss autocorrelation shows the relationship between Koss stock current value and its past values and can show if there is a momentum factor associated with investing in Koss Corporation.
Regressed Prices |
Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Koss in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Koss' short interest history, or implied volatility extrapolated from Koss options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Koss Correlation, Koss Volatility and Koss Alpha and Beta module to complement your research on Koss. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Koss Stock analysis
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.
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences |
Koss 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.