Airgain Stock Price on August 16, 2022 Breakdown

AIRG
 Stock
  

USD 7.89  0.23  2.83%   

As of today, the current price of Airgain is  7.89 , as last reported on the 5th of December, with the highest price reaching  8.05  and the lowest price hitting  7.86  during the day.
Airgain appears to be somewhat reliable, given 3 months investment horizon. Airgain secures Sharpe Ratio (or Efficiency) of 0.0994, which signifies that the company had 0.0994% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Airgain, which you can use to evaluate the future volatility of the firm. Please makes use of Airgain's Downside Deviation of 2.67, mean deviation of 2.15, and Risk Adjusted Performance of 0.0395 to double-check if our risk estimates are consistent with your expectations.
  
As of December 5, 2022, Net Income Common Stock is expected to decline to about (10.4 M). Airgain Price to Sales Ratio is projected to increase slightly based on the last few years of reporting. The past year's Price to Sales Ratio was at 1.66. Airgain Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Most Recent Activity

Shares Float
8.5 M
net Income Applicable To Common Shares
-10.1 M
Shares Outstanding
10.2 M
Shares Short Prior Month
126.4 K
Earnings Share
(1.28) 
Shares Short
154.1 K

Airgain Valuation on August 16, 2022

It is possible to determine the worth of Airgain on a given historical date. On August 16, 2022 Airgain was worth 8.44 at the beginning of the trading date compared to the closed value of 8.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Airgain stock. Still, in general, we apply an absolute valuation method to find Airgain's 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 Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Airgain's related companies.
 Open High Low Close Volume
  8.42    8.63    8.35    8.51    11,244  
08/16/2022
  8.44    8.69    8.34    8.34    19,038  
  8.34    8.39    8.10    8.18    16,812  
Backtest Airgain  |  Airgain History  |  Airgain Valuation   PreviousNext  
Open Value 8.44
8.34
Closing Value
16.70
Upside

Airgain Trading Date Momentum on August 16, 2022

On August 17 2022 Airgain was traded for  8.18  at the closing time. The top price for the day was 8.39  and the lowest listed price was  8.10 . The trading volume for the day was 16.8 K. The trading history from August 17, 2022 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.92% . The overall trading delta against the current closing price is 3.96% .

Airgain Fundamentals Correlations and Trends

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

About Airgain Stock history

Airgain 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 Airgain is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Airgain 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 Airgain historical stock prices may prove useful in developing a viable investing in Airgain
Last ReportedProjected for 2022
Weighted Average Shares10 M8.1 M
Weighted Average Shares Diluted10 M8.2 M
Issuance Purchase of Equity Shares2.4 M3.5 M

Airgain Stock Technical Analysis

Airgain 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 Airgain technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Airgain 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

Airgain Period Price Range

Low
August 16, 2022
High

 8.44 

  

 8.34 

-0.1-1.18%

Airgain December 5, 2022 Market Strength

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

Airgain Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Airgain stock's direction in advance. Along with the technical and fundamental analysis of Airgain Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Airgain 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 stock 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.
Please continue to Trending Equities. You can also try Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

Complementary Tools for analysis

When running Airgain price analysis, check to measure Airgain's 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 Airgain is operating at the current time. Most of Airgain's value examination focuses on studying past and present price action to predict the probability of Airgain's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Airgain's price. Additionally, you may evaluate how the addition of Airgain to your portfolios can decrease your overall portfolio volatility.
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Is Airgain's 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 Airgain. If investors know Airgain 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 Airgain 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 YOY
(1.00) 
Market Capitalization
80.7 M
Quarterly Revenue Growth YOY
0.24
Return On Assets
(0.1) 
Return On Equity
(0.22) 
The market value of Airgain is measured differently than its book value, which is the value of Airgain that is recorded on the company's balance sheet. Investors also form their own opinion of Airgain's value that differs from its market value or its book value, called intrinsic value, which is Airgain'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 Airgain's market value can be influenced by many factors that don't directly affect Airgain'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 Airgain's value and its price as these two are different measures arrived at by different means. Investors typically determine Airgain value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Airgain'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.