Avax SA (Greece) Price on March 7, 2023
| AVAX Stock | EUR 1.48 0.08 5.71% |
If you're considering investing in Avax Stock, it is important to understand the factors that can impact its price. As of today, the current price of Avax SA stands at 1.48, as last reported on the 26th of November, with the highest price reaching 1.48 and the lowest price hitting 1.39 during the day. Currently, Avax SA is risky. Avax SA secures Sharpe Ratio (or Efficiency) of 0.0149, which signifies that the company had a 0.0149% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Avax SA, which you can use to evaluate the volatility of the firm. Please confirm Avax SA's mean deviation of 1.1, and Risk Adjusted Performance of 0.0217 to double-check if the risk estimate we provide is consistent with the expected return of 0.0265%.
Avax Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Avax |
Sharpe Ratio = 0.0149
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Estimated Market Risk
| 1.77 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Avax SA is performing at about 1% 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 Avax SA by adding it to a well-diversified portfolio.
Avax SA Valuation on March 7, 2023
It is possible to determine the worth of Avax SA on a given historical date. On March 7, 2023 Avax was worth 0.77 at the beginning of the trading date compared to the closed value of 0.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Avax SA stock. Still, in general, we apply an absolute valuation method to find Avax SA'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 Avax SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Avax SA's related companies.
| Open | High | Low | Close | Volume | |
| 0.80 | 0.81 | 0.76 | 0.77 | 221,448 | |
03/07/2023 | 0.77 | 0.78 | 0.75 | 0.78 | 85,815 |
| 0.78 | 0.78 | 0.77 | 0.77 | 133,833 |
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Avax SA Trading Date Momentum on March 7, 2023
| On March 08 2023 Avax SA was traded for 0.77 at the closing time. The highest price during the trading period was 0.78 and the lowest recorded bid was listed for 0.77 . The volume for the day was 133.8 K. This history from March 8, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.28% . The overall trading delta to the current price is 5.13% . |
Avax SA Fundamentals Correlations and Trends
By evaluating Avax SA'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 Avax SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Avax financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Avax SA Stock history
Avax SA 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 Avax is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Avax SA 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 Avax SA stock prices may prove useful in developing a viable investing in Avax SA
Avax S.A., together with its subsidiaries, operates as a construction company in Greece and internationally. The company was formerly known as JP-AVAX S.A. and changed its name to Avax S.A. in April 2019. AVAX S operates under General Contractors classification in Greece and is traded on Athens Stock Exchange. It employs 1980 people.
Avax SA Stock Technical Analysis
Avax SA 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
Avax SA Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Avax SA cannot be verified against its exchange. Please verify the symbol is currently traded on Athens 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.
Avax SA November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Avax SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Avax SA shares will generate the highest return on investment. By undertsting and applying Avax SA stock market strength indicators, traders can identify Avax SA entry and exit signals to maximize returns
Avax SA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Avax SA's price direction in advance. Along with the technical and fundamental analysis of Avax Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Avax 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 | 0.0217 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0628 |
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| Volume Indicators |
Additional Tools for Avax Stock Analysis
When running Avax SA's price analysis, check to measure Avax SA'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 Avax SA is operating at the current time. Most of Avax SA's value examination focuses on studying past and present price action to predict the probability of Avax SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avax SA's price. Additionally, you may evaluate how the addition of Avax SA to your portfolios can decrease your overall portfolio volatility.