Avalon Holdings Stock Market Value
| AWX Stock | USD 3.16 0.10 3.07% |
| Symbol | Avalon |
Avalon Holdings Price To Book Ratio
Is Environmental & Facilities Services 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 Avalon Holdings. If investors know Avalon 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 Avalon Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.24) | Earnings Share 0.25 | Revenue Per Share 85.397 | Quarterly Revenue Growth 0.014 | Return On Assets 0.0173 |
The market value of Avalon Holdings is measured differently than its book value, which is the value of Avalon that is recorded on the company's balance sheet. Investors also form their own opinion of Avalon Holdings' value that differs from its market value or its book value, called intrinsic value, which is Avalon Holdings' 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 Avalon Holdings' market value can be influenced by many factors that don't directly affect Avalon Holdings' 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 Avalon Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Avalon Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avalon Holdings' 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.
Avalon Holdings '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 Avalon Holdings' 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 Avalon Holdings.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in Avalon Holdings on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding Avalon Holdings or generate 0.0% return on investment in Avalon Holdings over 360 days. Avalon Holdings is related to or competes with Agilyx AS, BQE Water, Anaergia, Ambipar Emergency, Greenwave Technology, BluMetric Environmental, and Quest Resource. Avalon Holdings Corporation provides waste management services to industrial, commercial, municipal, and governmental cu... More
Avalon Holdings 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 Avalon Holdings' 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 Avalon Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.66 | |||
| Information Ratio | 0.0723 | |||
| Maximum Drawdown | 27.1 | |||
| Value At Risk | (4.35) | |||
| Potential Upside | 4.84 |
Avalon Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Avalon Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Avalon Holdings' standard deviation. In reality, there are many statistical measures that can use Avalon Holdings historical prices to predict the future Avalon Holdings' volatility.| Risk Adjusted Performance | 0.0885 | |||
| Jensen Alpha | 0.3551 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.1018 | |||
| Treynor Ratio | 1.45 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Avalon Holdings' 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.
Avalon Holdings Backtested Returns
Avalon Holdings appears to be risky, given 3 months investment horizon. Avalon Holdings secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the company had a 0.1% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Avalon Holdings, which you can use to evaluate the volatility of the firm. Please makes use of Avalon Holdings' mean deviation of 2.16, and Risk Adjusted Performance of 0.0885 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Avalon Holdings holds a performance score of 8. The firm shows a Beta (market volatility) of 0.27, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Avalon Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Avalon Holdings is expected to be smaller as well. Please check Avalon Holdings' value at risk, and the relationship between the standard deviation and kurtosis , to make a quick decision on whether Avalon Holdings' price patterns will revert.
Auto-correlation | 0.23 |
Weak predictability
Avalon Holdings has weak predictability. Overlapping area represents the amount of predictability between Avalon Holdings time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 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 Avalon Holdings price movement. The serial correlation of 0.23 indicates that over 23.0% of current Avalon Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Avalon Holdings lagged returns against current returns
Autocorrelation, which is Avalon Holdings 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 Avalon Holdings' stock expected returns. We can calculate the autocorrelation of Avalon Holdings returns to help us make a trade decision. For example, suppose you find that Avalon Holdings 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 |
Avalon Holdings 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 Avalon Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Avalon Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Avalon Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Avalon Holdings Lagged Returns
When evaluating Avalon Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Avalon Holdings stock have on its future price. Avalon Holdings 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, Avalon Holdings autocorrelation shows the relationship between Avalon Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Avalon Holdings.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Avalon Stock Analysis
When running Avalon Holdings' price analysis, check to measure Avalon Holdings' 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 Avalon Holdings is operating at the current time. Most of Avalon Holdings' value examination focuses on studying past and present price action to predict the probability of Avalon Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avalon Holdings' price. Additionally, you may evaluate how the addition of Avalon Holdings to your portfolios can decrease your overall portfolio volatility.