Avi Ltd Adr Stock Market Value
| AVSFY Stock | USD 28.10 5.14 15.46% |
| Symbol | Avi |
Avi '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 Avi's pink sheet 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 Avi.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Avi on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding Avi Ltd ADR or generate 0.0% return on investment in Avi over 180 days. Avi is related to or competes with Artisan Consumer, A2 Milk, Aryzta AG, A2 Milk, and Bit Origin. AVI Limited, together with its subsidiaries, manufactures, processes, markets, and distributes branded consumer products... More
Avi 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 Avi's pink sheet 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 Avi Ltd ADR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.064 | |||
| Maximum Drawdown | 45.02 | |||
| Value At Risk | (2.97) | |||
| Potential Upside | 1.5 |
Avi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Avi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Avi's standard deviation. In reality, there are many statistical measures that can use Avi historical prices to predict the future Avi's volatility.| Risk Adjusted Performance | 0.0747 | |||
| Jensen Alpha | 0.4956 | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | (5.75) |
Avi Ltd ADR Backtested Returns
Avi appears to be not too volatile, given 3 months investment horizon. Avi Ltd ADR secures Sharpe Ratio (or Efficiency) of 0.0884, which signifies that the company had a 0.0884% return per unit of risk over the last 3 months. By analyzing Avi's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please makes use of Avi's Risk Adjusted Performance of 0.0747, mean deviation of 1.85, and Standard Deviation of 5.74 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Avi holds a performance score of 6. The firm shows a Beta (market volatility) of -0.0845, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Avi are expected to decrease at a much lower rate. During the bear market, Avi is likely to outperform the market. Please check Avi's coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and day median price , to make a quick decision on whether Avi's price patterns will revert.
Auto-correlation | 0.02 |
Virtually no predictability
Avi Ltd ADR has virtually no predictability. Overlapping area represents the amount of predictability between Avi time series from 30th of May 2024 to 28th of August 2024 and 28th of August 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 Avi Ltd ADR price movement. The serial correlation of 0.02 indicates that only 2.0% of current Avi price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 19.06 |
Avi Ltd ADR lagged returns against current returns
Autocorrelation, which is Avi pink sheet'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 Avi's pink sheet expected returns. We can calculate the autocorrelation of Avi returns to help us make a trade decision. For example, suppose you find that Avi has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Avi 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 Avi pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Avi pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Avi pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Avi Lagged Returns
When evaluating Avi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Avi pink sheet have on its future price. Avi 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, Avi autocorrelation shows the relationship between Avi pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Avi Ltd ADR.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Avi Pink Sheet Analysis
When running Avi's price analysis, check to measure Avi's 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 Avi is operating at the current time. Most of Avi's value examination focuses on studying past and present price action to predict the probability of Avi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avi's price. Additionally, you may evaluate how the addition of Avi to your portfolios can decrease your overall portfolio volatility.