Avnet Inc Stock Price on March 17, 2023

AVT Stock  USD 54.23  0.61  1.11%   
Below is the normalized historical share price chart for Avnet Inc extending back to May 03, 1973. 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 Avnet stands at 54.23, as last reported on the 29th of November, with the highest price reaching 55.08 and the lowest price hitting 53.90 during the day.
IPO Date
3rd of May 1973
200 Day MA
51.6829
50 Day MA
54.2658
Beta
1.174
 
Inflation
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Avnet Stock, it is important to understand the factors that can impact its price. Currently, Avnet Inc is very steady. Avnet Inc secures Sharpe Ratio (or Efficiency) of 0.0514, which signifies that the company had a 0.0514% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Avnet Inc, which you can use to evaluate the volatility of the firm. Please confirm Avnet's Risk Adjusted Performance of 0.0087, mean deviation of 1.17, and Downside Deviation of 1.8 to double-check if the risk estimate we provide is consistent with the expected return of 0.0859%.
  
At this time, Avnet's Common Stock Shares Outstanding is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 119.5 M in 2024, whereas Other Stockholder Equity is likely to drop slightly above 929 M in 2024. . At this time, Avnet's Price Fair Value is comparatively stable compared to the past year. Avnet Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0514

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Estimated Market Risk

 1.67
  actual daily
14
86% of assets are more volatile

Expected Return

 0.09
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
4
96% of assets perform better
Based on monthly moving average Avnet is performing at about 4% 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 Avnet by adding it to a well-diversified portfolio.
Price Book
0.9359
Enterprise Value Ebitda
9.0053
Price Sales
0.2048
Shares Float
86.5 M
Dividend Share
1.26

Avnet Valuation on March 17, 2023

It is possible to determine the worth of Avnet on a given historical date. On March 17, 2023 Avnet was worth 41.81 at the beginning of the trading date compared to the closed value of 41.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Avnet stock. Still, in general, we apply an absolute valuation method to find Avnet'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 Avnet where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Avnet's related companies.
 Open High Low Close Volume
  39.97    41.65    39.70    41.64    637,000  
03/17/2023
  41.81    41.81    40.94    41.45    1,559,800  
  41.79    42.18    41.50    41.87    525,200  
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Open Value
41.81
41.45
Closing Value
46.83
Upside

Avnet Trading Date Momentum on March 17, 2023

On March 20 2023 Avnet Inc was traded for  41.87  at the closing time. Highest Avnet's price during the trading hours was 42.18  and the lowest price during the day was  41.50 . The net volume was 525.2 K. The overall trading history on the 20th of March contributed to the next trading period price appreciation. The overall trading delta to the next next day price was 1.01% . The overall trading delta to current price is 1.23% .

Avnet Inc Fundamentals Correlations and Trends

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

About Avnet Stock history

Avnet 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 Avnet is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Avnet Inc 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 Avnet stock prices may prove useful in developing a viable investing in Avnet
Last ReportedProjected for Next Year
Common Stock Shares Outstanding91.8 M119.3 M
Net Income Applicable To Common Shares886.5 M1.4 B

Avnet Quarterly Net Working Capital

5.93 Billion

Avnet Stock Technical Analysis

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

Avnet Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Avnet Inc 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.

Avnet November 29, 2024 Market Strength

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

Avnet Technical and Predictive Indicators

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

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