Avinger Stock Price on September 30, 2023
| AVGR Stock | USD 0.79 0.04 5.33% |
Below is the normalized historical share price chart for Avinger extending back to January 30, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Avinger stands at 0.79, as last reported on the 22nd of November, with the highest price reaching 0.81 and the lowest price hitting 0.76 during the day.
If you're considering investing in Avinger Stock, it is important to understand the factors that can impact its price. Avinger secures Sharpe Ratio (or Efficiency) of -0.0708, which signifies that the company had a -0.0708% return per unit of risk over the last 3 months. Avinger exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Avinger's Risk Adjusted Performance of (0.04), standard deviation of 6.59, and Mean Deviation of 4.26 to double-check the risk estimate we provide.
At this time, Avinger's Common Stock Shares Outstanding is relatively stable compared to the past year. As of 11/22/2024, Liabilities And Stockholders Equity is likely to grow to about 23.4 M, while Other Stockholder Equity is likely to drop slightly above 256.7 M. . As of 11/22/2024, Price Earnings To Growth Ratio is likely to grow to 0, while Price To Sales Ratio is likely to drop 0.26. Avinger Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 30th of January 2015 | 200 Day MA 2.1137 | 50 Day MA 0.9165 | Beta 1.156 |
Avinger |
Sharpe Ratio = -0.0708
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Estimated Market Risk
| 6.62 actual daily | 58 58% of assets are less volatile |
Expected Return
| -0.47 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Avinger is not performing at its full potential. However, 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 Avinger by adding Avinger to a well-diversified portfolio.
Price Book 0.6509 | Enterprise Value Ebitda (0.40) | Price Sales 0.3395 | Shares Float 1.9 M | Wall Street Target Price 5 |
Avinger Valuation on September 30, 2023
It is possible to determine the worth of Avinger on a given historical date. On September 30, 2023 Avinger was worth 6.56 at the beginning of the trading date compared to the closed value of 5.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Avinger stock. Still, in general, we apply an absolute valuation method to find Avinger'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 Avinger where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Avinger's related companies.
| Open | High | Low | Close | Volume | |
| 6.65 | 6.89 | 6.26 | 6.56 | 164,622 | |
09/29/2023 | 6.56 | 6.64 | 5.19 | 5.39 | 217,504 |
| 5.02 | 5.37 | 4.89 | 4.90 | 145,431 |
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Avinger Trading Date Momentum on September 30, 2023
| On October 02 2023 Avinger was traded for 4.90 at the closing time. The top price for the day was 5.37 and the lowest listed price was 4.89 . The trading volume for the day was 145.4 K. The trading history from October 2, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 9.09% . The overall trading delta against the current closing price is 20.59% . |
Avinger Fundamentals Correlations and Trends
By evaluating Avinger'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 Avinger's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Avinger financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Avinger Stock history
Avinger 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 Avinger is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Avinger 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 Avinger stock prices may prove useful in developing a viable investing in Avinger
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 786 K | 825.3 K | |
| Net Loss | -31.3 M | -32.9 M |
Avinger Stock Technical Analysis
Avinger 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
Avinger Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Avinger cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Avinger November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Avinger stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Avinger shares will generate the highest return on investment. By undertsting and applying Avinger stock market strength indicators, traders can identify Avinger entry and exit signals to maximize returns
Avinger Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Avinger's price direction in advance. Along with the technical and fundamental analysis of Avinger Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Avinger 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 | (0.04) | |||
| Jensen Alpha | (0.57) | |||
| Total Risk Alpha | (1.31) | |||
| Treynor Ratio | (0.37) |
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Additional Tools for Avinger Stock Analysis
When running Avinger's price analysis, check to measure Avinger'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 Avinger is operating at the current time. Most of Avinger's value examination focuses on studying past and present price action to predict the probability of Avinger's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avinger's price. Additionally, you may evaluate how the addition of Avinger to your portfolios can decrease your overall portfolio volatility.