Avis Budget Group Stock Technical Analysis
| CAR Stock | USD 102.67 1.03 1.01% |
As of the 25th of November, Avis Budget shows the Downside Deviation of 3.25, risk adjusted performance of 0.0817, and Mean Deviation of 2.86. Avis Budget Group 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 Avis Budget Group variance, as well as the relationship between the maximum drawdown and semi variance to decide if Avis Budget Group is priced correctly, providing market reflects its regular price of 102.67 per share. Given that Avis Budget has jensen alpha of 0.01, we suggest you to validate Avis Budget Group's prevailing market performance to make sure the company can sustain itself at a future point.
Avis Budget Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Avis, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AvisAvis |
Avis Budget Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 234.5 | Strong Buy | 9 | Odds |
Most Avis analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Avis stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Avis Budget Group, talking to its executives and customers, or listening to Avis conference calls.
Avis Budget 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.
Avis Budget Group Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Avis Budget Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Avis Budget Group Trend Analysis
Use this graph to draw trend lines for Avis Budget Group. You can use it to identify possible trend reversals for Avis Budget 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 Avis Budget price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Avis Budget Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Avis Budget Group applied against its price change over selected period. The best fit line has a slop of 0.43 , which may imply that Avis Budget Group will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 7092.19, which is the sum of squared deviations for the predicted Avis Budget price change compared to its average price change.About Avis Budget 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 Avis Budget Group 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 Avis Budget Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Avis Budget Group price pattern first instead of the macroeconomic environment surrounding Avis Budget Group. By analyzing Avis Budget'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 Avis Budget'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 Avis Budget specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Dividend Yield | 0.0601 | 0.0571 | Price To Sales Ratio | 0.57 | 0.34 |
Avis Budget November 25, 2024 Technical Indicators
Most technical analysis of Avis 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 Avis from various momentum indicators to cycle indicators. When you analyze Avis 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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| Risk Adjusted Performance | 0.0817 | |||
| Market Risk Adjusted Performance | 0.1344 | |||
| Mean Deviation | 2.86 | |||
| Semi Deviation | 3.04 | |||
| Downside Deviation | 3.25 | |||
| Coefficient Of Variation | 1039.36 | |||
| Standard Deviation | 3.68 | |||
| Variance | 13.57 | |||
| Information Ratio | 0.0607 | |||
| Jensen Alpha | 0.01 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.0688 | |||
| Treynor Ratio | 0.1244 | |||
| Maximum Drawdown | 16.84 | |||
| Value At Risk | (5.52) | |||
| Potential Upside | 6.48 | |||
| Downside Variance | 10.56 | |||
| Semi Variance | 9.24 | |||
| Expected Short fall | (3.21) | |||
| Skewness | 0.5003 | |||
| Kurtosis | 0.5298 |
Additional Tools for Avis Stock Analysis
When running Avis Budget's price analysis, check to measure Avis Budget'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 Avis Budget is operating at the current time. Most of Avis Budget's value examination focuses on studying past and present price action to predict the probability of Avis Budget's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avis Budget's price. Additionally, you may evaluate how the addition of Avis Budget to your portfolios can decrease your overall portfolio volatility.