Avante Logixx Stock Price on November 19, 2024

XX Stock  CAD 1.24  0.01  0.81%   
Below is the normalized historical share price chart for Avante Logixx extending back to January 12, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Avante Logixx stands at 1.24, as last reported on the 30th of December, with the highest price reaching 1.24 and the lowest price hitting 1.23 during the day.
200 Day MA
0.7861
50 Day MA
0.8252
Beta
1.719
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Avante Stock, it is important to understand the factors that can impact its price. Avante Logixx appears to be dangerous, given 3 months investment horizon. Avante Logixx secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the company had a 0.2% return per unit of standard deviation over the last 3 months. By analyzing Avante Logixx's technical indicators, you can evaluate if the expected return of 0.76% is justified by implied risk. Please makes use of Avante Logixx's mean deviation of 2.57, and Risk Adjusted Performance of 0.1733 to double-check if our risk estimates are consistent with your expectations.
  
Other Stockholder Equity is likely to climb to about 3 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 8.8 M in 2024. . At this time, Avante Logixx's Price To Sales Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to climb to 2.60 in 2024, whereas Price Earnings To Growth Ratio is likely to drop (0.02) in 2024. Avante Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1959

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Estimated Market Risk

 3.88
  actual daily
34
66% of assets are more volatile

Expected Return

 0.76
  actual daily
15
85% of assets have higher returns

Risk-Adjusted Return

 0.2
  actual daily
15
85% of assets perform better
Based on monthly moving average Avante Logixx is performing at about 15% of its full potential. 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 Avante Logixx by adding it to a well-diversified portfolio.
Price Book
2.6324
Enterprise Value Ebitda
(8.71)
Price Sales
1.2034
Shares Float
15.8 M
Wall Street Target Price
1.75

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Avante Logixx Valuation on November 19, 2024

It is possible to determine the worth of Avante Logixx on a given historical date. On November 19, 2024 Avante was worth 0.84 at the beginning of the trading date compared to the closed value of 0.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Avante Logixx stock. Still, in general, we apply an absolute valuation method to find Avante Logixx's 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 Avante Logixx where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Avante Logixx's related companies.
 Open High Low Close Volume
  0.83    0.83    0.83    0.83    1.00  
11/19/2024
  0.84    0.85    0.83    0.85    21,600  
  0.85    0.85    0.83    0.83    8,100  
Backtest Avante Logixx  |  Avante Logixx History  |  Avante Logixx Valuation   PreviousNext  
Open Value
0.84
0.85
Closing Value
12.47
Upside

Avante Logixx Trading Date Momentum on November 19, 2024

On November 20 2024 Avante Logixx was traded for  0.83  at the closing time. The top price for the day was 0.85  and the lowest listed price was  0.83 . The trading volume for the day was 8.1 K. The trading history from November 20, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 2.35% . The overall trading delta against the current closing price is 0.00% .

Avante Logixx Fundamentals Correlations and Trends

By evaluating Avante Logixx's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Avante Logixx's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Avante financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Avante Logixx Stock history

Avante Logixx 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 Avante is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Avante Logixx 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 Avante Logixx stock prices may prove useful in developing a viable investing in Avante Logixx
Last ReportedProjected for Next Year
Common Stock Shares Outstanding26.6 M16.4 M
Net Loss-4 M-3.8 M

Avante Logixx Quarterly Net Working Capital

6.55 Million

Avante Logixx Stock Technical Analysis

Avante Logixx 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.
A focus of Avante Logixx technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Avante Logixx trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Avante Logixx Period Price Range

Low
December 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Avante Logixx cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Avante Logixx December 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Avante Logixx stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Avante Logixx shares will generate the highest return on investment. By undertsting and applying Avante Logixx stock market strength indicators, traders can identify Avante Logixx entry and exit signals to maximize returns

Avante Logixx Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Avante Logixx's price direction in advance. Along with the technical and fundamental analysis of Avante Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Avante 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.

Additional Tools for Avante Stock Analysis

When running Avante Logixx's price analysis, check to measure Avante Logixx'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 Avante Logixx is operating at the current time. Most of Avante Logixx's value examination focuses on studying past and present price action to predict the probability of Avante Logixx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avante Logixx's price. Additionally, you may evaluate how the addition of Avante Logixx to your portfolios can decrease your overall portfolio volatility.