Avi Ltd Adr Stock Market Value
| AVSFY Stock | USD 22.22 0.00 0.00% |
| 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.
| 04/15/2024 |
| 05/15/2024 |
If you would invest 0.00 in Avi on April 15, 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 30 days. Avi is related to or competes with A2 Milk, Artisan Consumer, A2 Milk, Post Holdings, Simply Good, and Treehouse Foods. 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 | 0.029 | |||
| Maximum Drawdown | 21.63 | |||
| Value At Risk | (2.44) | |||
| Potential Upside | 2.49 |
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 | 0.0439 | |||
| Jensen Alpha | 0.2735 | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.09) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Avi's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Avi Ltd ADR Backtested Returns
We consider Avi not too volatile. Avi Ltd ADR secures Sharpe Ratio (or Efficiency) of 0.0719, which signifies that the company had a 0.0719% return per unit of risk over the last 3 months. We have found eighteen technical indicators for Avi Ltd ADR, which you can use to evaluate the volatility of the firm. Please confirm Avi's Mean Deviation of 0.9745, standard deviation of 2.82, and Risk Adjusted Performance of 0.0439 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%. Avi has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -1.64, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Avi are expected to decrease by larger amounts. On the other hand, during market turmoil, Avi is expected to outperform it. Avi Ltd ADR right now shows a risk of 2.14%. Please confirm Avi Ltd ADR coefficient of variation, value at risk, as well as the relationship between the Value At Risk and day typical price , to decide if Avi Ltd ADR will be following its price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Avi Ltd ADR has no correlation between past and present. Overlapping area represents the amount of predictability between Avi time series from 15th of April 2024 to 30th of April 2024 and 30th of April 2024 to 15th of May 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 0.0 indicates that just 0.0% of current Avi price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
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 |
Pair Trading with Avi
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Avi position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Avi will appreciate offsetting losses from the drop in the long position's value.Moving against Avi Pink Sheet
| 0.49 | AAGH | America Great Health | PairCorr |
The ability to find closely correlated positions to Avi could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avi when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Avi - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Avi Ltd ADR to buy it.
The correlation of Avi is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Avi moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avi Ltd ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Avi can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Avi Correlation, Avi Volatility and Avi Alpha and Beta module to complement your research on Avi. Note that the Avi Ltd ADR information on this page should be used as a complementary analysis to other Avi's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary 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.
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Avi technical pink sheet 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, pink sheet market cycles, or different charting patterns.