Avid Bioservices Stock Price on September 27, 2024
| CDMO Stock | USD 12.30 0.05 0.41% |
Below is the normalized historical share price chart for Avid Bioservices extending back to August 24, 1988. 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 Avid Bioservices stands at 12.30, as last reported on the 25th of November, with the highest price reaching 12.30 and the lowest price hitting 12.25 during the day.
If you're considering investing in Avid Stock, it is important to understand the factors that can impact its price. Avid Bioservices appears to be somewhat reliable, given 3 months investment horizon. Avid Bioservices secures Sharpe Ratio (or Efficiency) of 0.0918, which signifies that the company had a 0.0918% return per unit of risk over the last 3 months. We have found thirty technical indicators for Avid Bioservices, which you can use to evaluate the volatility of the firm. Please makes use of Avid Bioservices' Mean Deviation of 2.29, risk adjusted performance of 0.0664, and Downside Deviation of 3.0 to double-check if our risk estimates are consistent with your expectations.
At this time, Avid Bioservices' Stock Based Compensation To Revenue is very stable compared to the past year. . At this time, Avid Bioservices' Price To Operating Cash Flows Ratio is very stable compared to the past year. As of the 25th of November 2024, Price Cash Flow Ratio is likely to grow to 46.23, while Price To Sales Ratio is likely to drop 3.27. Avid Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 8th of January 2018 | 200 Day MA 8.974 | 50 Day MA 11.0206 | Beta 1.405 |
Avid |
Sharpe Ratio = 0.0918
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Estimated Market Risk
| 3.78 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Avid Bioservices is performing at about 7% 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 Avid Bioservices by adding it to a well-diversified portfolio.
Price Book 13.4159 | Enterprise Value Ebitda 107.8717 | Price Sales 5.5259 | Shares Float 51 M | Wall Street Target Price 12.75 |
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Avid Bioservices Valuation on September 27, 2024
It is possible to determine the worth of Avid Bioservices on a given historical date. On September 27, 2024 Avid was worth 11.4 at the beginning of the trading date compared to the closed value of 11.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Avid Bioservices stock. Still, in general, we apply an absolute valuation method to find Avid Bioservices' 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 Avid Bioservices where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Avid Bioservices' related companies.
| Open | High | Low | Close | Volume | |
| 10.92 | 11.27 | 10.82 | 11.17 | 745,006 | |
09/27/2024 | 11.40 | 11.50 | 11.23 | 11.34 | 870,775 |
| 11.26 | 11.58 | 11.13 | 11.38 | 1,244,507 |
| Backtest Avid Bioservices | | | Avid Bioservices History | | | Avid Bioservices Valuation | Previous | Next |
Avid Bioservices Trading Date Momentum on September 27, 2024
| On September 30 2024 Avid Bioservices was traded for 11.38 at the closing time. The top price for the day was 11.58 and the lowest listed price was 11.13 . The trading volume for the day was 1.2 M. The trading history from September 30, 2024 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 0.35% . The overall trading delta against the current closing price is 6.79% . |
Avid Bioservices Fundamentals Correlations and Trends
By evaluating Avid Bioservices' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Avid Bioservices' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Avid financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Avid Bioservices Stock history
Avid Bioservices 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 Avid is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Avid Bioservices 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 Avid Bioservices stock prices may prove useful in developing a viable investing in Avid Bioservices
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 63.2 M | 66.4 M | |
| Net Income Applicable To Common Shares | 644 K | 676.2 K |
Avid Bioservices Stock Technical Analysis
Avid Bioservices 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
Avid Bioservices Period Price Range
Low | November 25, 2024
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0.00 | 0.00 |
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Avid Bioservices November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Avid Bioservices stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Avid Bioservices shares will generate the highest return on investment. By undertsting and applying Avid Bioservices stock market strength indicators, traders can identify Avid Bioservices entry and exit signals to maximize returns
Avid Bioservices Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Avid Bioservices' price direction in advance. Along with the technical and fundamental analysis of Avid Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Avid 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 | 0.0664 | |||
| Jensen Alpha | 0.0817 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | 0.0514 | |||
| Treynor Ratio | 0.1719 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avid Bioservices. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. To learn how to invest in Avid Stock, please use our How to Invest in Avid Bioservices guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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 Avid Bioservices. If investors know Avid 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 Avid Bioservices listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.80) | Earnings Share (2.29) | Revenue Per Share 2.245 | Quarterly Revenue Growth 0.065 | Return On Assets (0.03) |
The market value of Avid Bioservices is measured differently than its book value, which is the value of Avid that is recorded on the company's balance sheet. Investors also form their own opinion of Avid Bioservices' value that differs from its market value or its book value, called intrinsic value, which is Avid Bioservices' 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 Avid Bioservices' market value can be influenced by many factors that don't directly affect Avid Bioservices' 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 Avid Bioservices' value and its price as these two are different measures arrived at by different means. Investors typically determine if Avid Bioservices is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avid Bioservices' 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.