Avita Medical Stock Price on September 23, 2024
| RCEL Stock | USD 12.82 0.03 0.23% |
Below is the normalized historical share price chart for Avita Medical extending back to March 29, 2012. 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 Avita Medical stands at 12.82, as last reported on the 29th of November, with the highest price reaching 13.04 and the lowest price hitting 12.63 during the day.
If you're considering investing in Avita Stock, it is important to understand the factors that can impact its price. Avita Medical appears to be not too volatile, given 3 months investment horizon. Avita Medical secures Sharpe Ratio (or Efficiency) of 0.25, which signifies that the company had a 0.25% return per unit of risk over the last 3 months. By analyzing Avita Medical's technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please makes use of Avita Medical's Risk Adjusted Performance of 0.154, mean deviation of 2.27, and Downside Deviation of 2.77 to double-check if our risk estimates are consistent with your expectations.
At this time, Avita Medical's Total Stockholder Equity is quite stable compared to the past year. Common Stock Shares Outstanding is expected to rise to about 27 M this year, although the value of Common Stock Total Equity will most likely fall to 3,278. . The value of Price To Sales Ratio is estimated to slide to 3.57. The value of Price Earnings Ratio is estimated to slide to -3.98. Avita Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of October 2019 | 200 Day MA 10.9985 | 50 Day MA 11.2054 | Beta 1.543 |
Avita |
Sharpe Ratio = 0.2477
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Estimated Market Risk
| 2.74 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.68 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average Avita Medical is performing at about 19% 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 Avita Medical by adding it to a well-diversified portfolio.
Price Book 27.5535 | Enterprise Value Ebitda (6.17) | Price Sales 5.6112 | Shares Float 25.7 M | Wall Street Target Price 25.8948 |
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Avita Medical Valuation on September 23, 2024
It is possible to determine the worth of Avita Medical on a given historical date. On September 23, 2024 Avita was worth 11.0 at the beginning of the trading date compared to the closed value of 10.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Avita Medical stock. Still, in general, we apply an absolute valuation method to find Avita Medical'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 Avita Medical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Avita Medical's related companies.
| Open | High | Low | Close | Volume | |
| 10.87 | 11.02 | 10.69 | 10.87 | 298,018 | |
09/23/2024 | 11.00 | 11.02 | 10.47 | 10.56 | 145,283 |
| 10.67 | 10.67 | 10.25 | 10.57 | 60,050 |
| Backtest Avita Medical | | | Avita Medical History | | | Avita Medical Valuation | Previous | Next |
Avita Medical Trading Date Momentum on September 23, 2024
| On September 24 2024 Avita Medical was traded for 10.57 at the closing time. The top price for the day was 10.67 and the lowest listed price was 10.25 . The trading volume for the day was 60 K. The trading history from September 24, 2024 was a factor to the next trading day price upswing. The trading delta at closing time against the next closing price was 0.09% . The overall trading delta against the current closing price is 4.17% . |
Avita Medical Fundamentals Correlations and Trends
By evaluating Avita Medical'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 Avita Medical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Avita financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Avita Medical Stock history
Avita Medical 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 Avita is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Avita Medical 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 Avita Medical stock prices may prove useful in developing a viable investing in Avita Medical
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 25.7 M | 27 M | |
| Net Loss | -24 M | -25.2 M |
Avita Medical Quarterly Net Working Capital |
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Avita Medical Stock Technical Analysis
Avita Medical 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
Avita Medical Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Avita Medical 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.
Avita Medical November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Avita Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Avita Medical shares will generate the highest return on investment. By undertsting and applying Avita Medical stock market strength indicators, traders can identify Avita Medical entry and exit signals to maximize returns
Avita Medical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Avita Medical's price direction in advance. Along with the technical and fundamental analysis of Avita Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Avita 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 | 0.154 | |||
| Jensen Alpha | 0.3406 | |||
| Total Risk Alpha | 0.1083 | |||
| Sortino Ratio | 0.1552 | |||
| Treynor Ratio | 0.3072 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Avita Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more information on how to buy Avita Stock please use our How to buy in Avita Stock guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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 Avita Medical. If investors know Avita 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 Avita Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.23) | Revenue Per Share 2.335 | Quarterly Revenue Growth 0.432 | Return On Assets (0.45) | Return On Equity (1.52) |
The market value of Avita Medical is measured differently than its book value, which is the value of Avita that is recorded on the company's balance sheet. Investors also form their own opinion of Avita Medical's value that differs from its market value or its book value, called intrinsic value, which is Avita Medical'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 Avita Medical's market value can be influenced by many factors that don't directly affect Avita Medical'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 Avita Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avita Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avita Medical'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.