Avis Budget Group Stock Price on August 27, 2024
| CAR Stock | USD 109.07 0.23 0.21% |
Below is the normalized historical share price chart for Avis Budget Group extending back to November 05, 1984. 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 Avis Budget stands at 109.07, as last reported on the 1st of December, with the highest price reaching 111.00 and the lowest price hitting 108.11 during the day.
If you're considering investing in Avis Stock, it is important to understand the factors that can impact its price. Avis Budget appears to be very steady, given 3 months investment horizon. Avis Budget Group secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of risk over the last 3 months. By analyzing Avis Budget's technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please makes use of Avis Budget's Risk Adjusted Performance of 0.1152, downside deviation of 3.09, and Mean Deviation of 2.78 to double-check if our risk estimates are consistent with your expectations.
At this time, Avis Budget's Common Stock Shares Outstanding is relatively stable compared to the past year. As of 12/01/2024, Liabilities And Stockholders Equity is likely to grow to about 34.2 B, though Other Stockholder Equity is likely to grow to (3.9 B). . At this time, Avis Budget's Price To Operating Cash Flows Ratio is relatively stable compared to the past year. As of 12/01/2024, Price Cash Flow Ratio is likely to grow to 2.76, while Price To Sales Ratio is likely to drop 0.34. Avis Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 12th of January 1990 | 200 Day MA 100.4699 | 50 Day MA 90.5642 | Beta 2.137 |
Avis |
Sharpe Ratio = 0.1821
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | CAR | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.51 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.64 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Avis Budget is performing at about 14% 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 Avis Budget by adding it to a well-diversified portfolio.
Price Book 7.139 | Enterprise Value Ebitda 6.685 | Price Sales 0.3236 | Shares Float 16.9 M | Wall Street Target Price 122.25 |
Avis Budget Valuation on August 27, 2024
It is possible to determine the worth of Avis Budget on a given historical date. On August 27, 2024 Avis was worth 87.6 at the beginning of the trading date compared to the closed value of 86.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Avis Budget stock. Still, in general, we apply an absolute valuation method to find Avis Budget'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 Avis Budget where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Avis Budget's related companies.
| Open | High | Low | Close | Volume | |
| 88.98 | 90.11 | 87.85 | 89.03 | 367,578 | |
08/27/2024 | 87.60 | 87.77 | 85.32 | 86.24 | 526,555 |
| 85.50 | 86.57 | 81.26 | 81.33 | 675,224 |
| Backtest Avis Budget | | | Avis Budget History | | | Avis Budget Valuation | Previous | Next |
Avis Budget Trading Date Momentum on August 27, 2024
| On August 28 2024 Avis Budget Group was traded for 81.33 at the closing time. Highest Avis Budget's price during the trading hours was 86.57 and the lowest price during the day was 81.26 . The net volume was 675.2 K. The overall trading history on the 28th of August contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 5.69% . The overall trading delta to current price is 17.13% . |
Avis Budget Group Fundamentals Correlations and Trends
By evaluating Avis Budget'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 Avis Budget's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Avis financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Avis Budget Stock history
Avis Budget 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 Avis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Avis Budget Group 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 Avis Budget stock prices may prove useful in developing a viable investing in Avis Budget
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 38.8 M | 77.3 M | |
| Net Income Applicable To Common Shares | 2.5 B | 2.6 B |
Avis Budget Stock Technical Analysis
Avis Budget 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
Avis Budget Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Avis Budget Group 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.
Avis Budget December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Avis Budget stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Avis Budget shares will generate the highest return on investment. By undertsting and applying Avis Budget stock market strength indicators, traders can identify Avis Budget Group entry and exit signals to maximize returns
Avis Budget Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Avis Budget's price direction in advance. Along with the technical and fundamental analysis of Avis Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Avis 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 | 0.1152 | |||
| Jensen Alpha | 0.1529 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.1205 | |||
| Treynor Ratio | 0.1839 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Avis Stock Analysis
When running Avis Budget's price analysis, check to measure Avis Budget'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 Avis Budget is operating at the current time. Most of Avis Budget's value examination focuses on studying past and present price action to predict the probability of Avis Budget's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avis Budget's price. Additionally, you may evaluate how the addition of Avis Budget to your portfolios can decrease your overall portfolio volatility.