Avid Technology Probability of Future Stock Price Finishing Over 25.56

AVIDDelisted Stock  USD 25.12  0.04  0.16%   
Avid Technology's future price is the expected price of Avid Technology instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Avid Technology performance during a given time horizon utilizing its historical volatility. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
  
Please specify Avid Technology's target price for which you would like Avid Technology odds to be computed.

Avid Technology Target Price Odds to finish over 25.56

The tendency of Avid 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 PriceHorizonTarget PriceOdds to move over $ 25.56  or more in 90 days
 25.12 90 days 25.56 
about 41.33
Based on a normal probability distribution, the odds of Avid Technology to move over $ 25.56  or more in 90 days from now is about 41.33 (This Avid Technology probability density function shows the probability of Avid Stock to fall within a particular range of prices over 90 days) . Probability of Avid Technology price to stay between its current price of $ 25.12  and $ 25.56  at the end of the 90-day period is about 5.94 .
Given the investment horizon of 90 days Avid Technology has a beta of -0.31. This suggests as returns on the benchmark increase, returns on holding Avid Technology are expected to decrease at a much lower rate. During a bear market, however, Avid Technology is likely to outperform the market. Additionally Avid Technology has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial.
   Avid Technology Price Density   
       Price  

Predictive Modules for Avid Technology

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Avid Technology. 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.
Hype
Prediction
LowEstimatedHigh
25.1225.1225.12
Details
Intrinsic
Valuation
LowRealHigh
21.2121.2127.63
Details
Naive
Forecast
LowNextHigh
22.8322.8322.83
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
24.1926.3028.41
Details

Avid Technology Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Avid Technology is not an exception. The market had few large corrections towards the Avid Technology'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 Avid Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Avid Technology within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.28
β
Beta against Dow Jones-0.31
σ
Overall volatility
2.92
Ir
Information ratio -0.11

Avid Technology 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 Avid Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Avid Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Avid Technology is not yet fully synchronised with the market data
Avid Technology has a very high chance of going through financial distress in the upcoming years
Avid Technology currently holds 203.14 M in liabilities. Avid Technology has a current ratio of 0.84, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Avid Technology's use of debt, we should always consider it together with its cash and equity.
Over 86.0% of the company shares are held by institutions such as insurance companies

Avid Technology 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 Avid Stock often depends not only on the future outlook of the current and potential Avid Technology'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. Avid Technology's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding44.9 M
Cash And Short Term Investments35.2 M

Avid Technology Technical Analysis

Avid Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Avid Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Avid Technology. In general, you should focus on analyzing Avid Stock price patterns and their correlations with different microeconomic environments and drivers.

Avid Technology Predictive Forecast Models

Avid Technology's time-series forecasting models is one of many Avid Technology'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 Avid Technology'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 Avid Technology

Checking the ongoing alerts about Avid Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Avid Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Avid Technology is not yet fully synchronised with the market data
Avid Technology has a very high chance of going through financial distress in the upcoming years
Avid Technology currently holds 203.14 M in liabilities. Avid Technology has a current ratio of 0.84, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Avid Technology's use of debt, we should always consider it together with its cash and equity.
Over 86.0% of the company shares are held by institutions such as insurance companies
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

Other Consideration for investing in Avid Stock

If you are still planning to invest in Avid Technology check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Avid Technology's history and understand the potential risks before investing.
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