Anavex Life Sciences Stock Price on October 15, 2024
AVXL Stock | USD 9.11 0.09 1.00% |
Below is the normalized historical share price chart for Anavex Life Sciences extending back to August 02, 2006. 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 Anavex Life stands at 9.11, as last reported on the 24th of November, with the highest price reaching 9.20 and the lowest price hitting 8.60 during the day.
If you're considering investing in Anavex Stock, it is important to understand the factors that can impact its price. Anavex Life appears to be somewhat reliable, given 3 months investment horizon. Anavex Life Sciences secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of standard deviation over the last 3 months. By analyzing Anavex Life's technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please makes use of Anavex Life's mean deviation of 3.48, and Risk Adjusted Performance of 0.1181 to double-check if our risk estimates are consistent with your expectations.
At this time, Anavex Life's Common Stock is quite stable compared to the past year. Stock Based Compensation is expected to rise to about 19.8 M this year, although the value of Capital Stock will most likely fall to about 72.7 K. . At this time, Anavex Life's Price Book Value Ratio is quite stable compared to the past year. Price Earnings To Growth Ratio is expected to rise to 4.12 this year, although the value of Price To Operating Cash Flows Ratio will most likely fall to (17.77). Anavex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of August 2006 | 200 Day MA 5.2967 | 50 Day MA 6.3959 | Beta 0.604 |
Anavex |
Sharpe Ratio = 0.1329
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Estimated Market Risk
5.09 actual daily | 45 55% of assets are more volatile |
Expected Return
0.68 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Anavex Life is performing at about 10% 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 Anavex Life by adding it to a well-diversified portfolio.
Price Book 5.9522 | Book Value 1.531 | Enterprise Value 633.7 M | Enterprise Value Ebitda (5.54) | Shares Float 82.2 M |
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MALVERN, Pa., Oct. 15, 2024 -- via IBN Annovis Bio Inc. , a late-stage clinical drug platform company developing transformative therapies for neurodegenerative disorders such as Alzheimers disease and Parkinsons disease , announced today the successful outcome of the End-of-Phase 2 meeting with the U.S. Food and Drug Administration on October 10, 2024. During the meeting, the FDA granted clearance to proceed with pivota
Anavex Life Valuation on October 15, 2024
It is possible to determine the worth of Anavex Life on a given historical date. On October 15, 2024 Anavex was worth 5.41 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 Anavex Life stock. Still, in general, we apply an absolute valuation method to find Anavex Life'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 Anavex Life where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Anavex Life's related companies.
Open | High | Low | Close | Volume | |
5.36 | 5.56 | 5.33 | 5.41 | 488,967 | |
10/15/2024 | 5.41 | 5.51 | 5.32 | 5.39 | 380,316 |
5.40 | 5.60 | 5.39 | 5.53 | 536,367 |
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Anavex Life Trading Date Momentum on October 15, 2024
On October 16 2024 Anavex Life Sciences was traded for 5.53 at the closing time. The top price for the day was 5.60 and the lowest listed price was 5.39 . The trading volume for the day was 536.4 K. The trading history from October 16, 2024 was a factor to the next trading day price upswing. The overall trading delta against the next closing price was 2.60% . The overall trading delta against the current closing price is 0.19% . |
Anavex Life Sciences Fundamentals Correlations and Trends
By evaluating Anavex Life'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 Anavex Life's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Anavex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Anavex Life Stock history
Anavex Life 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 Anavex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Anavex Life Sciences 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 Anavex Life stock prices may prove useful in developing a viable investing in Anavex Life
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 91.8 M | 96.3 M | |
Net Loss | -42.8 M | -40.6 M |
Anavex Life Quarterly Net Working Capital |
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Anavex Life Stock Technical Analysis
Anavex Life 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
Anavex Life Period Price Range
Low | November 24, 2024
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0.00 | 0.00 |
Anavex Life Sciences 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.
Anavex Life November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Anavex Life stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Anavex Life shares will generate the highest return on investment. By undertsting and applying Anavex Life stock market strength indicators, traders can identify Anavex Life Sciences entry and exit signals to maximize returns
Anavex Life Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Anavex Life's price direction in advance. Along with the technical and fundamental analysis of Anavex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Anavex 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 | 0.1181 | |||
Jensen Alpha | 0.4344 | |||
Total Risk Alpha | (0.08) | |||
Sortino Ratio | 0.1501 | |||
Treynor Ratio | 0.3092 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anavex Life Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Anavex Life. If investors know Anavex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Anavex Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.51) | Return On Assets (0.20) | Return On Equity (0.30) |
The market value of Anavex Life Sciences is measured differently than its book value, which is the value of Anavex that is recorded on the company's balance sheet. Investors also form their own opinion of Anavex Life's value that differs from its market value or its book value, called intrinsic value, which is Anavex Life's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Anavex Life's market value can be influenced by many factors that don't directly affect Anavex Life's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Anavex Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Anavex Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Anavex Life's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.