Avid Bioservices Stock Statistic Functions Beta
| CDMO Stock | USD 12.35 0.02 0.16% |
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The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Avid Bioservices correlated with the market. If Beta is less than 0 Avid Bioservices generally moves in the opposite direction as compared to the market. If Avid Bioservices Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Avid Bioservices is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Avid Bioservices is generally in the same direction as the market. If Beta > 1 Avid Bioservices moves generally in the same direction as, but more than the movement of the benchmark.
Avid Bioservices Technical Analysis Modules
Most technical analysis of Avid Bioservices help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Avid from various momentum indicators to cycle indicators. When you analyze Avid charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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About Avid Bioservices Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Avid Bioservices. We use our internally-developed statistical techniques to arrive at the intrinsic value of Avid Bioservices based on widely used predictive technical indicators. In general, we focus on analyzing Avid Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Avid Bioservices's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Avid Bioservices's intrinsic value. In addition to deriving basic predictive indicators for Avid Bioservices, we also check how macroeconomic factors affect Avid Bioservices price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
| 2023 | 2024 (projected) | Dividend Yield | 0.003217 | 0.003056 | Price To Sales Ratio | 3.45 | 3.27 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avid Bioservices. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. To learn how to invest in Avid Stock, please use our How to Invest in Avid Bioservices guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Biotechnology 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 Avid Bioservices. If investors know Avid 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 Avid Bioservices 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 (0.80) | Earnings Share (2.29) | Revenue Per Share 2.245 | Quarterly Revenue Growth 0.065 | Return On Assets (0.03) |
The market value of Avid Bioservices is measured differently than its book value, which is the value of Avid that is recorded on the company's balance sheet. Investors also form their own opinion of Avid Bioservices' value that differs from its market value or its book value, called intrinsic value, which is Avid Bioservices' 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 Avid Bioservices' market value can be influenced by many factors that don't directly affect Avid Bioservices' 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 Avid Bioservices' value and its price as these two are different measures arrived at by different means. Investors typically determine if Avid Bioservices is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avid Bioservices' 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.