Avanos Medical Stock Price on July 18, 2024

AVNS Stock  USD 18.63  0.06  0.32%   
Below is the normalized historical share price chart for Avanos Medical extending back to October 21, 2014. 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 Avanos Medical stands at 18.63, as last reported on the 11th of December 2024, with the highest price reaching 18.63 and the lowest price hitting 18.63 during the day.
IPO Date
21st of October 2014
200 Day MA
20.8392
50 Day MA
20.753
Beta
0.925
 
Yuan Drop
 
Covid
If you're considering investing in Avanos Stock, it is important to understand the factors that can impact its price. Avanos Medical secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had a -0.11% return per unit of standard deviation over the last 3 months. Avanos Medical exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Avanos Medical's risk adjusted performance of (0.08), and Mean Deviation of 1.69 to double-check the risk estimate we provide.
  
At this time, Avanos Medical's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 51.7 M in 2024, despite the fact that Treasury Stock is likely to grow to (18.2 M). . At this time, Avanos Medical's Price Book Value Ratio is comparatively stable compared to the past year. Price To Operating Cash Flows Ratio is likely to gain to 33.87 in 2024, despite the fact that Price Earnings Ratio is likely to grow to (16.07). Avanos Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.111

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Estimated Market Risk

 2.89
  actual daily
25
75% of assets are more volatile

Expected Return

 -0.32
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average Avanos Medical 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 Avanos Medical by adding Avanos Medical to a well-diversified portfolio.
Price Book
0.6929
Enterprise Value Ebitda
11.396
Price Sales
1.2604
Shares Float
41.9 M
Wall Street Target Price
22.5

Avanos Medical Valuation on July 18, 2024

It is possible to determine the worth of Avanos Medical on a given historical date. On July 18, 2024 Avanos was worth 22.44 at the beginning of the trading date compared to the closed value of 22.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Avanos Medical stock. Still, in general, we apply an absolute valuation method to find Avanos 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 Avanos Medical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Avanos Medical's related companies.
 Open High Low Close Volume
  21.95    22.65    21.95    22.64    252,230  
07/18/2024
  22.44    23.04    22.07    22.44    259,697  
  22.40    22.49    21.91    21.99    167,091  
Backtest Avanos Medical  |  Avanos Medical History  |  Avanos Medical Valuation   PreviousNext  
Open Value
22.44
22.44
Closing Value
31.10
Upside

Avanos Medical Trading Date Momentum on July 18, 2024

On July 19 2024 Avanos Medical was traded for  21.99  at the closing time. The top price for the day was 22.49  and the lowest listed price was  21.91 . The trading volume for the day was 167.1 K. The trading history from July 19, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.01% . The overall trading delta against the current closing price is 3.43% .

Avanos Medical Fundamentals Correlations and Trends

By evaluating Avanos 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 Avanos Medical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Avanos financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Avanos Medical Stock history

Avanos 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 Avanos is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Avanos 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 Avanos Medical stock prices may prove useful in developing a viable investing in Avanos Medical
Last ReportedProjected for Next Year
Common Stock Shares Outstanding46.6 M51.7 M
Net Income Applicable To Common Shares45.5 M47.7 M

Avanos Medical Quarterly Net Working Capital

259.7 Million

Avanos Medical Stock Technical Analysis

Avanos 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.
A focus of Avanos Medical technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Avanos Medical 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

Avanos Medical Period Price Range

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Avanos Medical cannot be verified against its exchange. Please verify the symbol is currently traded on New York 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.

Avanos Medical December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Avanos 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 Avanos Medical shares will generate the highest return on investment. By undertsting and applying Avanos Medical stock market strength indicators, traders can identify Avanos Medical entry and exit signals to maximize returns

Avanos Medical Technical and Predictive Indicators

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

When running Avanos Medical's price analysis, check to measure Avanos 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 Avanos Medical is operating at the current time. Most of Avanos Medical's value examination focuses on studying past and present price action to predict the probability of Avanos 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 Avanos Medical's price. Additionally, you may evaluate how the addition of Avanos Medical to your portfolios can decrease your overall portfolio volatility.