Avax Techs Stock Performance
The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Avax Techs are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Avax Techs has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fragile performance in the last few months, the Stock's basic indicators remain comparatively stable which may send shares a bit higher in December 2024. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
Last Split Factor 1:2 | Last Split Date 1997-05-14 |
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| Total Cashflows From Investing Activities | -2815.00 |
Avax |
Avax Techs Relative Risk vs. Return Landscape
If you would invest 0.01 in Avax Techs on August 29, 2024 and sell it today you would lose (0.01) from holding Avax Techs or give up 100.0% of portfolio value over 90 days. Avax Techs is currently does not generate positive expected returns and assumes 12.7% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Avax, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Avax Techs Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Avax Techs' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Avax Techs, and traders can use it to determine the average amount a Avax Techs' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.127
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| Negative Returns | AVXT |
Estimated Market Risk
| 12.7 actual daily | 96 96% of assets are less volatile |
Expected Return
| -1.61 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Avax Techs is not performing at its full potential. However, 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 Avax Techs by adding Avax Techs to a well-diversified portfolio.
Avax Techs Fundamentals Growth
Avax Stock prices reflect investors' perceptions of the future prospects and financial health of Avax Techs, and Avax Techs fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Avax Stock performance.
| Return On Asset | -4.57 | ||||
| Operating Margin | (7.56) % | ||||
| Current Valuation | 7.13 M | ||||
| Price To Earning | (0.06) X | ||||
| Price To Sales | 45.03 X | ||||
| Revenue | 142.5 K | ||||
| Gross Profit | 142.5 K | ||||
| EBITDA | (5.87 M) | ||||
| Net Income | (11.99 M) | ||||
| Cash And Equivalents | 86.4 K | ||||
| Total Debt | 3.33 M | ||||
| Current Ratio | 0.02 X | ||||
| Book Value Per Share | (0.04) X | ||||
| Cash Flow From Operations | (3.44 M) | ||||
| Market Capitalization | 6.42 M | ||||
| Total Asset | 584.33 K | ||||
| Working Capital | (2.91 M) | ||||
| Current Asset | 541 K | ||||
| Current Liabilities | 3.45 M | ||||
About Avax Techs Performance
Assessing Avax Techs' fundamental ratios provides investors with valuable insights into Avax Techs' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Avax Techs is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 2.80 | 2.66 | |
| Return On Tangible Assets | (1.03) | (1.08) | |
| Return On Capital Employed | 1.78 | 2.09 | |
| Return On Assets | (1.00) | (1.05) | |
| Return On Equity | (2.18) | (2.29) |
Things to note about Avax Techs performance evaluation
Checking the ongoing alerts about Avax Techs for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Avax Techs help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Avax Techs generated a negative expected return over the last 90 days | |
| Avax Techs has high historical volatility and very poor performance | |
| Avax Techs has some characteristics of a very speculative penny stock | |
| Avax Techs currently holds 3.33 M in liabilities. Avax Techs has a current ratio of 0.02, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Avax Techs' use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 142.5 K. Net Loss for the year was (11.99 M) with profit before overhead, payroll, taxes, and interest of 142.5 K. | |
| Avax Techs currently holds about 86.4 K in cash with (3.44 M) of positive cash flow from operations. |
- Analyzing Avax Techs' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Avax Techs' stock is overvalued or undervalued compared to its peers.
- Examining Avax Techs' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Avax Techs' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Avax Techs' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Avax Techs' stock. These opinions can provide insight into Avax Techs' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Avax Stock Analysis
When running Avax Techs' price analysis, check to measure Avax Techs' 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 Avax Techs is operating at the current time. Most of Avax Techs' value examination focuses on studying past and present price action to predict the probability of Avax Techs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avax Techs' price. Additionally, you may evaluate how the addition of Avax Techs to your portfolios can decrease your overall portfolio volatility.