Avino Silver Gold Stock Market Value
| ASM Stock | USD 1.12 0.03 2.61% |
| Symbol | Avino |
Avino Silver Gold Price To Book Ratio
Is Precious Metals & Minerals 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 Avino Silver. If investors know Avino 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 Avino Silver 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 (0.03) | Earnings Share 0.02 | Revenue Per Share 0.407 | Quarterly Revenue Growth 0.604 | Return On Assets 0.0203 |
The market value of Avino Silver Gold is measured differently than its book value, which is the value of Avino that is recorded on the company's balance sheet. Investors also form their own opinion of Avino Silver's value that differs from its market value or its book value, called intrinsic value, which is Avino Silver'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 Avino Silver's market value can be influenced by many factors that don't directly affect Avino Silver'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 Avino Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avino Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avino Silver'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.
Avino Silver 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Avino Silver's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Avino Silver.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Avino Silver on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Avino Silver Gold or generate 0.0% return on investment in Avino Silver over 30 days. Avino Silver is related to or competes with Hecla Mining, McEwen Mining, Endeavour Silver, New Pacific, Gatos Silver, and Compania. Avino Silver Gold Mines Ltd., together with its subsidiaries, engages in the acquisition, exploration, and advancement o... More
Avino Silver Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Avino Silver's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Avino Silver Gold upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.22 | |||
| Information Ratio | 0.0398 | |||
| Maximum Drawdown | 21.9 | |||
| Value At Risk | (6.03) | |||
| Potential Upside | 9.09 |
Avino Silver Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Avino Silver's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Avino Silver's standard deviation. In reality, there are many statistical measures that can use Avino Silver historical prices to predict the future Avino Silver's volatility.| Risk Adjusted Performance | 0.062 | |||
| Jensen Alpha | 0.1919 | |||
| Total Risk Alpha | (0.39) | |||
| Sortino Ratio | 0.0407 | |||
| Treynor Ratio | 0.3514 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Avino Silver's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Avino Silver Gold Backtested Returns
Avino Silver appears to be dangerous, given 3 months investment horizon. Avino Silver Gold secures Sharpe Ratio (or Efficiency) of 0.066, which signifies that the company had a 0.066% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Avino Silver Gold, which you can use to evaluate the volatility of the firm. Please makes use of Avino Silver's Risk Adjusted Performance of 0.062, downside deviation of 4.22, and Mean Deviation of 3.17 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Avino Silver holds a performance score of 5. The firm shows a Beta (market volatility) of 0.83, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Avino Silver's returns are expected to increase less than the market. However, during the bear market, the loss of holding Avino Silver is expected to be smaller as well. Please check Avino Silver's kurtosis, day typical price, as well as the relationship between the potential upside and total risk alpha , to make a quick decision on whether Avino Silver's price patterns will revert.
Auto-correlation | -0.5 |
Modest reverse predictability
Avino Silver Gold has modest reverse predictability. Overlapping area represents the amount of predictability between Avino Silver time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Avino Silver Gold price movement. The serial correlation of -0.5 indicates that about 50.0% of current Avino Silver price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Avino Silver Gold lagged returns against current returns
Autocorrelation, which is Avino Silver stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Avino Silver's stock expected returns. We can calculate the autocorrelation of Avino Silver returns to help us make a trade decision. For example, suppose you find that Avino Silver has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Avino Silver regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Avino Silver stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Avino Silver stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Avino Silver stock over time.
Current vs Lagged Prices |
| Timeline |
Avino Silver Lagged Returns
When evaluating Avino Silver's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Avino Silver stock have on its future price. Avino Silver autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Avino Silver autocorrelation shows the relationship between Avino Silver stock current value and its past values and can show if there is a momentum factor associated with investing in Avino Silver Gold.
Regressed Prices |
| Timeline |
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Avino Silver 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.