Anavex Life Stock Forecast - Kurtosis
| AVXL Stock | USD 9.46 0.43 4.76% |
Anavex Stock Forecast is based on your current time horizon. Although Anavex Life's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Anavex Life's systematic risk associated with finding meaningful patterns of Anavex Life fundamentals over time.
Anavex |
| Previous Kurtosis | Kurtosis | Trend |
| 0 | 0 |
| Check Anavex Life Volatility | Backtest Anavex Life | Information Ratio |
Anavex Life Trading Date Momentum
| On November 29 2024 Anavex Life Sciences was traded for 9.46 at the closing time. The top price for the day was 9.80 and the lowest listed price was 8.88 . The trading volume for the day was 1.3 M. The trading history from November 29, 2024 did not affect price variability. The overall trading delta against the current closing price is 3.81% . |
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Other Forecasting Options for Anavex Life
For every potential investor in Anavex, whether a beginner or expert, Anavex Life's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Anavex Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Anavex. Basic forecasting techniques help filter out the noise by identifying Anavex Life's price trends.Anavex Life Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Anavex Life stock to make a market-neutral strategy. Peer analysis of Anavex Life could also be used in its relative valuation, which is a method of valuing Anavex Life by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Anavex Life Sciences Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Anavex Life's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Anavex Life's current price.| Cycle Indicators | ||
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Anavex Life Market Strength Events
Market strength indicators help investors to evaluate how Anavex Life stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Anavex Life shares will generate the highest return on investment. By undertsting and applying Anavex Life stock market strength indicators, traders can identify Anavex Life Sciences entry and exit signals to maximize returns.
Anavex Life Risk Indicators
The analysis of Anavex Life's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Anavex Life's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting anavex stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 3.41 | |||
| Semi Deviation | 3.26 | |||
| Standard Deviation | 5.02 | |||
| Variance | 25.16 | |||
| Downside Variance | 14.42 | |||
| Semi Variance | 10.66 | |||
| Expected Short fall | (4.43) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Anavex Life. If investors know Anavex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Anavex Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.51) | Return On Assets (0.20) | Return On Equity (0.30) |
The market value of Anavex Life Sciences is measured differently than its book value, which is the value of Anavex that is recorded on the company's balance sheet. Investors also form their own opinion of Anavex Life's value that differs from its market value or its book value, called intrinsic value, which is Anavex Life's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Anavex Life's market value can be influenced by many factors that don't directly affect Anavex Life's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Anavex Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Anavex Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Anavex Life's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.