Avid Bioservices Price on November 26, 2024
| CDMODelisted Stock | USD 12.49 0.00 0.00% |
If you're considering investing in Avid Stock, it is important to understand the factors that can impact its price. As of today, the current price of Avid Bioservices stands at 12.49, as last reported on the 27th of February, with the highest price reaching 12.51 and the lowest price hitting 12.47 during the day. As of now, Avid Stock is very steady. Avid Bioservices secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Avid Bioservices, which you can use to evaluate the volatility of the firm. Please confirm Avid Bioservices' Mean Deviation of 0.199, downside deviation of 0.2688, and Risk Adjusted Performance of 0.0878 to double-check if the risk estimate we provide is consistent with the expected return of 0.038%.
Avid Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Avid |
Sharpe Ratio = 0.1434
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Estimated Market Risk
| 0.27 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Avid Bioservices is performing at about 11% 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.
Related Headline
Cytokinetics Headline on 26th of November 2024
Disposition of 5300 shares by Malik Fady Ibraham of Cytokine... by Malik Fady Ibraham
Filed transaction by Cytokinetics Officer: Evp Research & Development. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Avid Bioservices Valuation on November 26, 2024
It is possible to determine the worth of Avid Bioservices on a given historical date. On November 26, 2024 Avid was worth 12.28 at the beginning of the trading date compared to the closed value of 12.33. 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 | |
| 12.30 | 12.34 | 12.27 | 12.30 | 2,433,832 | |
11/26/2024 | 12.28 | 12.35 | 12.26 | 12.33 | 1,391,485 |
| 12.32 | 12.40 | 12.30 | 12.35 | 2,142,037 |
| Backtest Avid Bioservices | | | Avid Bioservices History | | | Avid Bioservices Valuation | Previous | Next |
Avid Bioservices Trading Date Momentum on November 26, 2024
| On November 27 2024 Avid Bioservices was traded for 12.35 at the closing time. The top price for the day was 12.40 and the lowest listed price was 12.30 . The trading volume for the day was 2.1 M. The trading history from November 27, 2024 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 0.16% . The overall trading delta against the current closing price is 0.08% . |
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
Avid Bioservices, Inc., a contract development and manufacturing organization, provides process development and current good manufacturing practices clinical and commercial manufacturing services focused on biopharmaceutical drug substances derived from mammalian cell culture. Avid Bioservices, Inc. was incorporated in 1981 and is headquartered in Tustin, California. Avid Bioservices operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 321 people.
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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Avid Bioservices Period Price Range
Low | February 27, 2025
| High |
0.00 | 0.00 |
Avid Bioservices 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.
Avid Bioservices February 27, 2025 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 | 0.0878 | |||
| Jensen Alpha | 0.0281 | |||
| Total Risk Alpha | 0.0304 | |||
| Sortino Ratio | 0.1283 | |||
| Treynor Ratio | 1.92 |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios. 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. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Other Consideration for investing in Avid Stock
If you are still planning to invest in Avid Bioservices check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Avid Bioservices' history and understand the potential risks before investing.
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