Avepoint Stock Market Value
| AVPT Stock | USD 17.91 0.26 1.47% |
| Symbol | Avepoint |
Avepoint Price To Book Ratio
Is Application Software 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 Avepoint. If investors know Avepoint 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 Avepoint listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.05) | Revenue Per Share 1.733 | Quarterly Revenue Growth 0.221 | Return On Assets 0.0046 | Return On Equity (0.04) |
The market value of Avepoint is measured differently than its book value, which is the value of Avepoint that is recorded on the company's balance sheet. Investors also form their own opinion of Avepoint's value that differs from its market value or its book value, called intrinsic value, which is Avepoint'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 Avepoint's market value can be influenced by many factors that don't directly affect Avepoint'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 Avepoint's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avepoint is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avepoint'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.
Avepoint '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 Avepoint's stock 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 Avepoint.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Avepoint on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Avepoint or generate 0.0% return on investment in Avepoint over 720 days. Avepoint is related to or competes with Uipath, SentinelOne, Arqit Quantum, Cloudflare, StoneCo, Box, and Godaddy. AvePoint, Inc. provides Microsoft 365 data management solutions worldwide More
Avepoint 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 Avepoint's stock 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 Avepoint upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.35 | |||
| Information Ratio | 0.2498 | |||
| Maximum Drawdown | 12.34 | |||
| Value At Risk | (1.88) | |||
| Potential Upside | 5.27 |
Avepoint Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Avepoint's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Avepoint's standard deviation. In reality, there are many statistical measures that can use Avepoint historical prices to predict the future Avepoint's volatility.| Risk Adjusted Performance | 0.2386 | |||
| Jensen Alpha | 0.5501 | |||
| Total Risk Alpha | 0.3459 | |||
| Sortino Ratio | 0.4272 | |||
| Treynor Ratio | 0.5583 |
Avepoint Backtested Returns
Avepoint appears to be not too volatile, given 3 months investment horizon. Avepoint secures Sharpe Ratio (or Efficiency) of 0.3, which signifies that the company had a 0.3% return per unit of standard deviation over the last 3 months. By analyzing Avepoint's technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please makes use of Avepoint's risk adjusted performance of 0.2386, and Mean Deviation of 1.65 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Avepoint holds a performance score of 23. The firm shows a Beta (market volatility) of 1.24, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Avepoint will likely underperform. Please check Avepoint's potential upside, and the relationship between the jensen alpha and accumulation distribution , to make a quick decision on whether Avepoint's price patterns will revert.
Auto-correlation | 0.89 |
Very good predictability
Avepoint has very good predictability. Overlapping area represents the amount of predictability between Avepoint time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd of December 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 Avepoint price movement. The serial correlation of 0.89 indicates that approximately 89.0% of current Avepoint price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.89 | |
| Spearman Rank Test | 0.88 | |
| Residual Average | 0.0 | |
| Price Variance | 6.24 |
Avepoint lagged returns against current returns
Autocorrelation, which is Avepoint stock'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 Avepoint's stock expected returns. We can calculate the autocorrelation of Avepoint returns to help us make a trade decision. For example, suppose you find that Avepoint has exhibited high autocorrelation historically, and you observe that the stock 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 |
Avepoint 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 Avepoint stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Avepoint stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Avepoint stock over time.
Current vs Lagged Prices |
| Timeline |
Avepoint Lagged Returns
When evaluating Avepoint's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Avepoint stock have on its future price. Avepoint 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, Avepoint autocorrelation shows the relationship between Avepoint stock current value and its past values and can show if there is a momentum factor associated with investing in Avepoint.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Avepoint Stock Analysis
When running Avepoint's price analysis, check to measure Avepoint'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 Avepoint is operating at the current time. Most of Avepoint's value examination focuses on studying past and present price action to predict the probability of Avepoint's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avepoint's price. Additionally, you may evaluate how the addition of Avepoint to your portfolios can decrease your overall portfolio volatility.