Aveanna Healthcare Holdings Stock Market Value
| AVAH Stock | USD 5.72 0.12 2.05% |
| Symbol | Aveanna |
Aveanna Healthcare Price To Book Ratio
Is Health Care Equipment & Supplies 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 Aveanna Healthcare. If investors know Aveanna 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 Aveanna Healthcare 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 (0.46) | Earnings Share (0.35) | Revenue Per Share 10.315 | Quarterly Revenue Growth 0.065 | Return On Assets 0.0488 |
The market value of Aveanna Healthcare is measured differently than its book value, which is the value of Aveanna that is recorded on the company's balance sheet. Investors also form their own opinion of Aveanna Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Aveanna Healthcare'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 Aveanna Healthcare's market value can be influenced by many factors that don't directly affect Aveanna Healthcare'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 Aveanna Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aveanna Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aveanna Healthcare'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.
Aveanna Healthcare '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 Aveanna Healthcare'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 Aveanna Healthcare.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Aveanna Healthcare on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Aveanna Healthcare Holdings or generate 0.0% return on investment in Aveanna Healthcare over 30 days. Aveanna Healthcare is related to or competes with Acadia Healthcare, Pennant, Brookdale Senior, American Shared, Ensign, Universal Health, and Addus HomeCare. Aveanna Healthcare Holdings Inc., a diversified home care platform company, provides private duty nursing , adult home h... More
Aveanna Healthcare 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 Aveanna Healthcare'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 Aveanna Healthcare Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.63 | |||
| Information Ratio | 0.0138 | |||
| Maximum Drawdown | 20.22 | |||
| Value At Risk | (5.31) | |||
| Potential Upside | 5.69 |
Aveanna Healthcare Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aveanna Healthcare's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aveanna Healthcare's standard deviation. In reality, there are many statistical measures that can use Aveanna Healthcare historical prices to predict the future Aveanna Healthcare's volatility.| Risk Adjusted Performance | 0.0448 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.43) | |||
| Sortino Ratio | 0.0145 | |||
| Treynor Ratio | 0.0812 |
Aveanna Healthcare Backtested Returns
Aveanna Healthcare is unstable at the moment. Aveanna Healthcare secures Sharpe Ratio (or Efficiency) of 0.0374, which signifies that the company had a 0.0374% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Aveanna Healthcare Holdings, which you can use to evaluate the volatility of the firm. Please confirm Aveanna Healthcare's risk adjusted performance of 0.0448, and Mean Deviation of 2.76 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%. Aveanna Healthcare has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 2.13, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Aveanna Healthcare will likely underperform. Aveanna Healthcare right now shows a risk of 3.86%. Please confirm Aveanna Healthcare treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to decide if Aveanna Healthcare will be following its price patterns.
Auto-correlation | 0.36 |
Below average predictability
Aveanna Healthcare Holdings has below average predictability. Overlapping area represents the amount of predictability between Aveanna Healthcare time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Aveanna Healthcare price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Aveanna Healthcare price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Aveanna Healthcare lagged returns against current returns
Autocorrelation, which is Aveanna Healthcare 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 Aveanna Healthcare's stock expected returns. We can calculate the autocorrelation of Aveanna Healthcare returns to help us make a trade decision. For example, suppose you find that Aveanna Healthcare 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 |
Aveanna Healthcare 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 Aveanna Healthcare stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aveanna Healthcare stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aveanna Healthcare stock over time.
Current vs Lagged Prices |
| Timeline |
Aveanna Healthcare Lagged Returns
When evaluating Aveanna Healthcare's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aveanna Healthcare stock have on its future price. Aveanna Healthcare 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, Aveanna Healthcare autocorrelation shows the relationship between Aveanna Healthcare stock current value and its past values and can show if there is a momentum factor associated with investing in Aveanna Healthcare Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Aveanna Healthcare offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aveanna Healthcare's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Aveanna Healthcare Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aveanna Healthcare Holdings Stock:Check out Aveanna Healthcare Correlation, Aveanna Healthcare Volatility and Aveanna Healthcare Alpha and Beta module to complement your research on Aveanna Healthcare. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Aveanna Healthcare 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.