Avantax Stock Technical Analysis
| AVTADelisted Stock | 26.21 0.63 2.46% |
As of the 29th of November, Avantax shows the mean deviation of 1.34, and Risk Adjusted Performance of 0.003. Avantax 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.
Avantax Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Avantax, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AvantaxAvantax |
Avantax 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.
Avantax Technical Analysis
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Avantax Trend Analysis
Use this graph to draw trend lines for Avantax. You can use it to identify possible trend reversals for Avantax 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 Avantax price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Avantax Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Avantax applied against its price change over selected period. The best fit line has a slop of 0.04 , which means Avantax will continue generating value for investors. It has 122 observation points and a regression sum of squares at 60.38, which is the sum of squared deviations for the predicted Avantax price change compared to its average price change.About Avantax 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 Avantax 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 Avantax based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Avantax price pattern first instead of the macroeconomic environment surrounding Avantax. By analyzing Avantax'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 Avantax'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 Avantax specific price patterns or momentum indicators. Please read more on our technical analysis page.
Avantax November 29, 2024 Technical Indicators
Most technical analysis of Avantax 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 Avantax from various momentum indicators to cycle indicators. When you analyze Avantax 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.003 | |||
| Market Risk Adjusted Performance | 0.154 | |||
| Mean Deviation | 1.34 | |||
| Coefficient Of Variation | (23,624) | |||
| Standard Deviation | 2.03 | |||
| Variance | 4.12 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | 0.144 | |||
| Maximum Drawdown | 10.29 | |||
| Value At Risk | (2.74) | |||
| Potential Upside | 3.02 | |||
| Skewness | (0.97) | |||
| Kurtosis | 5.96 |
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 estimate. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Other Consideration for investing in Avantax Stock
If you are still planning to invest in Avantax 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 Avantax's history and understand the potential risks before investing.
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