Avanceon (Pakistan) Price on December 28, 2023

AVN Stock   53.74  0.66  1.21%   
If you're considering investing in Avanceon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Avanceon stands at 53.74, as last reported on the 30th of November, with the highest price reaching 54.50 and the lowest price hitting 53.50 during the day. Avanceon secures Sharpe Ratio (or Efficiency) of -0.0053, which signifies that the company had a -0.0053% return per unit of standard deviation over the last 3 months. Avanceon exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Avanceon's mean deviation of 1.56, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide.
  
Avanceon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0053

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Estimated Market Risk

 1.99
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Avanceon 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 Avanceon by adding Avanceon to a well-diversified portfolio.

Avanceon Valuation on December 28, 2023

It is possible to determine the worth of Avanceon on a given historical date. On December 28, 2023 Avanceon was worth 48.48 at the beginning of the trading date compared to the closed value of 49.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Avanceon stock. Still, in general, we apply an absolute valuation method to find Avanceon'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 Avanceon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Avanceon's related companies.
 Open High Low Close Volume
  46.46    48.13    46.00    48.00    1,445,691  
12/28/2023
  48.48    50.76    48.00    49.94    4,132,110  
  50.31    51.27    49.53    50.18    2,393,952  
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Open Value
48.48
49.94
Closing Value
54.46
Upside

Avanceon Trading Date Momentum on December 28, 2023

On December 29 2023 Avanceon was traded for  50.18  at the closing time. The highest price during the trading period was 51.27  and the lowest recorded bid was listed for  49.53 . The volume for the day was 2.4 M. This history from December 29, 2023 contributed to the next trading day price gain. The overall trading delta to the next closing price was 0.48% . The overall trading delta to the current price is 0.12% .

About Avanceon Stock history

Avanceon 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 Avanceon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Avanceon 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 Avanceon stock prices may prove useful in developing a viable investing in Avanceon

Avanceon Stock Technical Analysis

Avanceon 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.
A focus of Avanceon technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Avanceon trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Avanceon Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Avanceon cannot be verified against its exchange. Please verify the symbol is currently traded on Karachi Stock 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.

Avanceon November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Avanceon stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Avanceon shares will generate the highest return on investment. By undertsting and applying Avanceon stock market strength indicators, traders can identify Avanceon entry and exit signals to maximize returns

Avanceon Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Avanceon's price direction in advance. Along with the technical and fundamental analysis of Avanceon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Avanceon 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.

Additional Tools for Avanceon Stock Analysis

When running Avanceon's price analysis, check to measure Avanceon'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 Avanceon is operating at the current time. Most of Avanceon's value examination focuses on studying past and present price action to predict the probability of Avanceon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avanceon's price. Additionally, you may evaluate how the addition of Avanceon to your portfolios can decrease your overall portfolio volatility.