Avivagen Stock Market Value

VIV Stock  CAD 0.01  0.00  0.00%   
Avivagen's market value is the price at which a share of Avivagen trades on a public exchange. It measures the collective expectations of Avivagen investors about its performance. Avivagen is selling for under 0.01 as of the 28th of March 2024; that is No Change since the beginning of the trading day. The stock's lowest day price was 0.01.
With this module, you can estimate the performance of a buy and hold strategy of Avivagen and determine expected loss or profit from investing in Avivagen over a given investment horizon. Check out Avivagen Correlation, Avivagen Volatility and Avivagen Alpha and Beta module to complement your research on Avivagen.
Symbol

Avivagen Price To Book Ratio

Please note, there is a significant difference between Avivagen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avivagen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avivagen'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.

Avivagen '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 Avivagen'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 Avivagen.
0.00
07/07/2022
No Change 0.00  0.0 
In 1 year 8 months and 22 days
03/28/2024
0.00
If you would invest  0.00  in Avivagen on July 7, 2022 and sell it all today you would earn a total of 0.00 from holding Avivagen or generate 0.0% return on investment in Avivagen over 630 days. Avivagen is related to or competes with Enbridge, TC Energy, and Bank of Nova Scotia. Avivagen Inc. develops and commercializes various products to replace antibiotics in livestock feeds to optimize the hea... More

Avivagen 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 Avivagen'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 Avivagen upside and downside potential and time the market with a certain degree of confidence.

Avivagen Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Avivagen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Avivagen's standard deviation. In reality, there are many statistical measures that can use Avivagen historical prices to predict the future Avivagen's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Avivagen's 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.
Hype
Prediction
LowEstimatedHigh
0.010.010.01
Details
Intrinsic
Valuation
LowRealHigh
0.010.010.01
Details
Naive
Forecast
LowNextHigh
0.010.010.01
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Avivagen. Your research has to be compared to or analyzed against Avivagen's peers to derive any actionable benefits. When done correctly, Avivagen's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Avivagen.

Avivagen Backtested Returns

We have found three technical indicators for Avivagen, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Avivagen are completely uncorrelated.

Auto-correlation

    
  0.77  

Good predictability

Avivagen has good predictability. Overlapping area represents the amount of predictability between Avivagen time series from 7th of July 2022 to 18th of May 2023 and 18th of May 2023 to 28th of March 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 Avivagen price movement. The serial correlation of 0.77 indicates that around 77.0% of current Avivagen price fluctuation can be explain by its past prices.
Correlation Coefficient0.77
Spearman Rank Test0.21
Residual Average0.0
Price Variance0.0

Avivagen lagged returns against current returns

Autocorrelation, which is Avivagen 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 Avivagen's stock expected returns. We can calculate the autocorrelation of Avivagen returns to help us make a trade decision. For example, suppose you find that Avivagen 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  

Avivagen 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 Avivagen stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Avivagen stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Avivagen stock over time.
   Current vs Lagged Prices   
       Timeline  

Avivagen Lagged Returns

When evaluating Avivagen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Avivagen stock have on its future price. Avivagen 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, Avivagen autocorrelation shows the relationship between Avivagen stock current value and its past values and can show if there is a momentum factor associated with investing in Avivagen.
   Regressed Prices   
       Timeline  

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Avivagen in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Avivagen's short interest history, or implied volatility extrapolated from Avivagen options trading.

Also Currently Popular

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.
Check out Avivagen Correlation, Avivagen Volatility and Avivagen Alpha and Beta module to complement your research on Avivagen.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Complementary Tools for Avivagen Stock analysis

When running Avivagen's price analysis, check to measure Avivagen'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 Avivagen is operating at the current time. Most of Avivagen's value examination focuses on studying past and present price action to predict the probability of Avivagen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avivagen's price. Additionally, you may evaluate how the addition of Avivagen to your portfolios can decrease your overall portfolio volatility.
Stocks Directory
Find actively traded stocks across global markets
Fundamental Analysis
View fundamental data based on most recent published financial statements
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Commodity Directory
Find actively traded commodities issued by global exchanges
Avivagen 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 Avivagen technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Avivagen 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...