AVITA Medical (Germany) Price on November 6, 2023
| 51KB Stock | EUR 2.44 0.10 4.27% |
If you're considering investing in AVITA Stock, it is important to understand the factors that can impact its price. As of today, the current price of AVITA Medical stands at 2.44, as last reported on the 11th of December 2024, with the highest price reaching 2.44 and the lowest price hitting 2.44 during the day. AVITA Medical appears to be risky, given 3 months investment horizon. AVITA Medical secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of return volatility over the last 3 months. By reviewing AVITA Medical's technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please makes use of AVITA Medical's Semi Deviation of 2.97, risk adjusted performance of 0.1576, and Mean Deviation of 2.75 to double-check if our risk estimates are consistent with your expectations.
AVITA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
AVITA |
Sharpe Ratio = 0.1768
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 51KB | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.61 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.64 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average AVITA Medical is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of AVITA Medical by adding it to a well-diversified portfolio.
AVITA Medical Valuation on November 6, 2023
It is possible to determine the worth of AVITA Medical on a given historical date. On November 6, 2023 AVITA was worth 2.02 at the beginning of the trading date compared to the closed value of 2.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AVITA Medical stock. Still, in general, we apply an absolute valuation method to find AVITA Medical'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 AVITA Medical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AVITA Medical's related companies.
| Open | High | Low | Close | Volume | |
| 1.96 | 1.96 | 1.94 | 1.94 | 3,000 | |
11/06/2023 | 2.02 | 2.02 | 2.02 | 2.02 | 1.00 |
| 1.89 | 1.89 | 1.89 | 1.89 | 1.00 |
| Backtest AVITA Medical | | | AVITA Medical History | | | AVITA Medical Valuation | Previous | Next |
AVITA Medical Trading Date Momentum on November 6, 2023
| On November 07 2023 AVITA Medical was traded for 1.89 at the closing time. The maximum traded price for the trading interval was 1.89 and the lowest daily price was 1.89 . There was no trading activity during the period 1.0. Lack of trading volume on 7th of November 2023 played a part in the next trading day price drop. The daily price change to the next closing price was 6.44% . The overall trading delta to the closing price today is 15.84% . |
AVITA Medical Fundamentals Correlations and Trends
By evaluating AVITA Medical'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 AVITA Medical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AVITA financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AVITA Medical Stock history
AVITA Medical 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 AVITA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AVITA Medical 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 AVITA Medical stock prices may prove useful in developing a viable investing in AVITA Medical
AVITA Medical Stock Technical Analysis
AVITA Medical 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.
Price Boundaries
AVITA Medical Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
AVITA Medical cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
AVITA Medical December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how AVITA Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AVITA Medical shares will generate the highest return on investment. By undertsting and applying AVITA Medical stock market strength indicators, traders can identify AVITA Medical entry and exit signals to maximize returns
AVITA Medical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AVITA Medical's price direction in advance. Along with the technical and fundamental analysis of AVITA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of AVITA 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 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.
| Risk Adjusted Performance | 0.1576 | |||
| Jensen Alpha | 0.6365 | |||
| Total Risk Alpha | 0.1648 | |||
| Sortino Ratio | 0.1787 | |||
| Treynor Ratio | 0.8717 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for AVITA Stock analysis
When running AVITA Medical's price analysis, check to measure AVITA Medical'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 AVITA Medical is operating at the current time. Most of AVITA Medical's value examination focuses on studying past and present price action to predict the probability of AVITA Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AVITA Medical's price. Additionally, you may evaluate how the addition of AVITA Medical to your portfolios can decrease your overall portfolio volatility.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world |