Avax Techs Stock Probability of Future Stock Price Finishing Over 0.0
Avax Techs' future price is the expected price of Avax Techs 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 Avax Techs performance during a given time horizon utilizing its historical volatility. Check out Avax Techs Backtesting, Avax Techs Valuation, Avax Techs Correlation, Avax Techs Hype Analysis, Avax Techs Volatility, Avax Techs History as well as Avax Techs Performance. For more information on how to buy Avax Stock please use our How to Invest in Avax Techs guide.
At this time, Avax Techs' Price Book Value Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 0.07 in 2024, whereas Price To Operating Cash Flows Ratio is likely to drop (2.37) in 2024. Please specify Avax Techs' target price for which you would like Avax Techs odds to be computed.
Avax |
Avax Techs Target Price Odds to finish over 0.0
The tendency of Avax 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 above the current price in 90 days |
| 0.00 | 90 days | 0.00 | roughly 96.0 |
Based on a normal probability distribution, the odds of Avax Techs to move above the current price in 90 days from now is roughly 96.0 (This Avax Techs probability density function shows the probability of Avax Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Avax Techs has the beta coefficient that is very close to zero. This suggests the returns on DOW JONES INDUSTRIAL and Avax Techs do not appear to be related. Additionally It does not look like Avax Techs' alpha can have any bearing on the current valuation. Avax Techs Price Density |
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Predictive Modules for Avax Techs
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Avax Techs. 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 Avax Techs' 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.
Avax Techs Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Avax Techs is not an exception. The market had few large corrections towards the Avax Techs' 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 Avax Techs, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Avax Techs within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.00 | |
β | Beta against Dow Jones | 0.00 | |
σ | Overall volatility | 0.000043 | |
Ir | Information ratio | 0.00 |
Avax Techs 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 Avax Techs for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Avax Techs can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Avax Techs generated a negative expected return over the last 90 days | |
| Avax Techs has high historical volatility and very poor performance | |
| Avax Techs has some characteristics of a very speculative penny stock | |
| Avax Techs currently holds 3.33 M in liabilities. Avax Techs has a current ratio of 0.02, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Avax Techs' use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 142.5 K. Net Loss for the year was (11.99 M) with profit before overhead, payroll, taxes, and interest of 142.5 K. | |
| Avax Techs currently holds about 86.4 K in cash with (3.44 M) of positive cash flow from operations. |
Avax Techs Technical Analysis
Avax Techs' future price can be derived by breaking down and analyzing its technical indicators over time. Avax Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Avax Techs. In general, you should focus on analyzing Avax Stock price patterns and their correlations with different microeconomic environments and drivers.
Avax Techs Predictive Forecast Models
Avax Techs' time-series forecasting models is one of many Avax Techs' 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 Avax Techs' 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 Avax Techs
Checking the ongoing alerts about Avax Techs for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Avax Techs help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Avax Techs generated a negative expected return over the last 90 days | |
| Avax Techs has high historical volatility and very poor performance | |
| Avax Techs has some characteristics of a very speculative penny stock | |
| Avax Techs currently holds 3.33 M in liabilities. Avax Techs has a current ratio of 0.02, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Avax Techs' use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 142.5 K. Net Loss for the year was (11.99 M) with profit before overhead, payroll, taxes, and interest of 142.5 K. | |
| Avax Techs currently holds about 86.4 K in cash with (3.44 M) of positive cash flow from operations. |
Additional Tools for Avax Stock Analysis
When running Avax Techs' price analysis, check to measure Avax Techs' 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 Avax Techs is operating at the current time. Most of Avax Techs' value examination focuses on studying past and present price action to predict the probability of Avax Techs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avax Techs' price. Additionally, you may evaluate how the addition of Avax Techs to your portfolios can decrease your overall portfolio volatility.