Avid Technology Stock Technical Analysis
| AVIDDelisted Stock | USD 25.12 0.04 0.16% |
As of the 30th of November, Avid Technology shows the Standard Deviation of 3.8, risk adjusted performance of (0.05), and Mean Deviation of 2.07. Avid Technology technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Avid Technology information ratio, as well as the relationship between the value at risk and kurtosis to decide if Avid Technology is priced correctly, providing market reflects its regular price of 25.12 per share. Given that Avid Technology has information ratio of (0.12), we suggest you to validate Avid Technology's prevailing market performance to make sure the company can sustain itself at a future point.
Avid Technology Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Avid, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AvidAvid |
Avid Technology 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, delisted stock market cycles, or different charting patterns.
Avid Technology Technical Analysis
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Avid Technology Trend Analysis
Use this graph to draw trend lines for Avid Technology. You can use it to identify possible trend reversals for Avid Technology as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Avid Technology price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Avid Technology Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Avid Technology applied against its price change over selected period. The best fit line has a slop of 0.05 , which means Avid Technology will continue generating value for investors. It has 122 observation points and a regression sum of squares at 93.69, which is the sum of squared deviations for the predicted Avid Technology price change compared to its average price change.About Avid Technology Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Avid Technology on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Avid Technology based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Avid Technology price pattern first instead of the macroeconomic environment surrounding Avid Technology. By analyzing Avid Technology's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Avid Technology's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Avid Technology specific price patterns or momentum indicators. Please read more on our technical analysis page.
Avid Technology November 30, 2024 Technical Indicators
Most technical analysis of Avid help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Avid from various momentum indicators to cycle indicators. When you analyze Avid charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | 0.3443 | |||
| Mean Deviation | 2.07 | |||
| Coefficient Of Variation | (1,260) | |||
| Standard Deviation | 3.8 | |||
| Variance | 14.48 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.95) | |||
| Treynor Ratio | 0.3343 | |||
| Maximum Drawdown | 27.52 | |||
| Value At Risk | (4.61) | |||
| Potential Upside | 2.67 | |||
| Skewness | 3.11 | |||
| Kurtosis | 21.64 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Other Consideration for investing in Avid Stock
If you are still planning to invest in Avid Technology check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Avid Technology's history and understand the potential risks before investing.
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