Avance Gas Holding Stock Price on December 5, 2023
If you're considering investing in Avance Pink Sheet, it is important to understand the factors that can impact its price. Avance Gas Holding secures Sharpe Ratio (or Efficiency) of -0.0715, which signifies that the company had a -0.0715% return per unit of standard deviation over the last 3 months. Avance Gas Holding exposes zero different technical indicators, which can help you to evaluate volatility embedded in its price movement.
Avance Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Avance |
Sharpe Ratio = 0.0
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Based on monthly moving average Avance Gas is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Avance Gas by adding Avance Gas to a well-diversified portfolio.
Avance Gas Valuation on December 5, 2023
It is possible to determine the worth of Avance Gas on a given historical date. On December 5, 2023 Avance was worth 10.31 at the beginning of the trading date compared to the closed value of 10.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Avance Gas pink sheet. Still, in general, we apply an absolute valuation method to find Avance Gas' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Avance Gas where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Avance Gas' related companies.
Open | High | Low | Close | Volume | |
10.10 | 10.21 | 10.01 | 10.07 | 16,604 | |
12/05/2023 | 10.31 | 10.42 | 10.31 | 10.40 | 4,943 |
10.43 | 10.46 | 10.36 | 10.44 | 3,735 |
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Avance Gas Trading Date Momentum on December 5, 2023
On December 06 2023 Avance Gas Holding was traded for 10.44 at the closing time. The highest daily price throughout the period was 10.46 and the lowest price was 10.36 . The daily volume was 3.7 K. The net trading volume on 12/06/2023 added to the next day price rise. The overall trading delta to closing price of the next trading day was 0.38% . The overall trading delta to current closing price is 6.73% . |
Avance Gas Holding Fundamentals Correlations and Trends
By evaluating Avance Gas' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Avance Gas' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Avance financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Avance Gas Pink Sheet history
Avance Gas investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Avance is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Avance Gas Holding will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Avance Gas stock prices may prove useful in developing a viable investing in Avance Gas
Avance Gas Holding Ltd, together with its subsidiaries, engages in the transportation of liquefied petroleum gas . The company was founded in 2007 and is based in Hamilton, Bermuda. Avance Gas is traded on OTC Exchange in the United States.
Avance Gas Pink Sheet Technical Analysis
Avance Gas 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.
Price Boundaries
Avance Gas Period Price Range
Low | December 30, 2024
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0.00 | 0.00 |
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Avance Gas December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Avance Gas pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Avance Gas shares will generate the highest return on investment. By undertsting and applying Avance Gas pink sheet market strength indicators, traders can identify Avance Gas Holding entry and exit signals to maximize returns
Avance Gas Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Avance Gas' price direction in advance. Along with the technical and fundamental analysis of Avance Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Avance to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.05) | |||
Jensen Alpha | (0.40) | |||
Total Risk Alpha | (0.54) | |||
Treynor Ratio | (0.91) |
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Complementary Tools for Avance Pink Sheet analysis
When running Avance Gas' price analysis, check to measure Avance Gas' 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 Avance Gas is operating at the current time. Most of Avance Gas' value examination focuses on studying past and present price action to predict the probability of Avance Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avance Gas' price. Additionally, you may evaluate how the addition of Avance Gas to your portfolios can decrease your overall portfolio volatility.
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