Avino Silver Gold Stock Probability of Future Stock Price Finishing Over 5.35
| ASM Stock | USD 1.11 0.01 0.91% |
Avino |
Avino Silver Target Price Odds to finish over 5.35
The tendency of Avino Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 5.35 or more in 90 days |
| 1.11 | 90 days | 5.35 | close to zero percent |
Based on a normal probability distribution, the odds of Avino Silver to move over $ 5.35 or more in 90 days from now is close to zero percent (This Avino Silver Gold probability density function shows the probability of Avino Stock to fall within a particular range of prices over 90 days) . Probability of Avino Silver Gold price to stay between its current price of $ 1.11 and $ 5.35 at the end of the 90-day period is about 63.06 .
Considering the 90-day investment horizon Avino Silver has a beta of 0.7. This suggests as returns on the market go up, Avino Silver average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Avino Silver Gold will be expected to be much smaller as well. Additionally Avino Silver Gold has an alpha of 0.1131, implying that it can generate a 0.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Avino Silver Price Density |
| Price |
Predictive Modules for Avino Silver
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Avino Silver Gold. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Avino Silver'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.
Avino Silver Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Avino Silver is not an exception. The market had few large corrections towards the Avino Silver's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Avino Silver Gold, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Avino Silver within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | 0.70 | |
σ | Overall volatility | 0.15 | |
Ir | Information ratio | 0.02 |
Avino Silver Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Avino Silver for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Avino Silver Gold can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Avino Silver Gold may become a speculative penny stock | |
| Avino Silver Gold had very high historical volatility over the last 90 days | |
| Avino Silver Gold has a strong financial position based on the latest SEC filings | |
| Latest headline from news.google.com: Avino Silver Gold Mines Shares Down 6 percent - Time to Sell - MarketBeat |
Avino Silver Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Avino Stock often depends not only on the future outlook of the current and potential Avino Silver's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Avino Silver's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 125.3 M | |
| Cash And Short Term Investments | 2.7 M |
Avino Silver Technical Analysis
Avino Silver's future price can be derived by breaking down and analyzing its technical indicators over time. Avino Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Avino Silver Gold. In general, you should focus on analyzing Avino Stock price patterns and their correlations with different microeconomic environments and drivers.
Avino Silver Predictive Forecast Models
Avino Silver's time-series forecasting models is one of many Avino Silver's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are 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. This non-stationary Avino Silver's 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 stock market movement and maximize returns from investment trading.
Things to note about Avino Silver Gold
Checking the ongoing alerts about Avino Silver for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Avino Silver Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Avino Silver Gold may become a speculative penny stock | |
| Avino Silver Gold had very high historical volatility over the last 90 days | |
| Avino Silver Gold has a strong financial position based on the latest SEC filings | |
| Latest headline from news.google.com: Avino Silver Gold Mines Shares Down 6 percent - Time to Sell - MarketBeat |
Check out Avino Silver Backtesting, Avino Silver Valuation, Avino Silver Correlation, Avino Silver Hype Analysis, Avino Silver Volatility, Avino Silver History as well as Avino Silver Performance. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Precious Metals & Minerals 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 Avino Silver. If investors know Avino 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 Avino Silver 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 (0.03) | Earnings Share 0.02 | Revenue Per Share 0.407 | Quarterly Revenue Growth 0.604 | Return On Assets 0.0203 |
The market value of Avino Silver Gold is measured differently than its book value, which is the value of Avino that is recorded on the company's balance sheet. Investors also form their own opinion of Avino Silver's value that differs from its market value or its book value, called intrinsic value, which is Avino Silver'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 Avino Silver's market value can be influenced by many factors that don't directly affect Avino Silver'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 Avino Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avino Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avino Silver'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.