Avino Silver Gold Stock Technical Analysis

ASM Stock  USD 0.71  0.01  0.83%   
As of the 25th of April, Avino Silver shows the Downside Deviation of 3.21, mean deviation of 2.77, and Risk Adjusted Performance of 0.1231. Avino Silver Gold technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We are able to interpolate and collect nineteen technical drivers for Avino Silver Gold, which can be compared to its peers. Please confirm Avino Silver Gold information ratio, as well as the relationship between the potential upside and kurtosis to decide if Avino Silver Gold is priced correctly, providing market reflects its regular price of 0.714 per share. As Avino Silver Gold is a penny stock we also strongly suggest to validate its total risk alpha numbers.

Avino Silver Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Avino, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Avino
  
Avino Silver's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Avino Silver Analyst Consensus

Target PriceAdvice# of Analysts
1.8Strong Buy4Odds
Avino Silver Gold current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Avino analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Avino stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Avino Silver Gold, talking to its executives and customers, or listening to Avino conference calls.
Avino Analyst Advice Details
Avino Silver 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 Avino Silver technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Avino Silver 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...

Avino Silver Gold Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Avino Silver Gold volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Avino Silver Gold Trend Analysis

Use this graph to draw trend lines for Avino Silver Gold. You can use it to identify possible trend reversals for Avino Silver as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Avino Silver price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Avino Silver Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Avino Silver Gold applied against its price change over selected period. The best fit line has a slop of   0.01  , which may imply that Avino Silver Gold will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 1.52, which is the sum of squared deviations for the predicted Avino Silver price change compared to its average price change.

About Avino Silver Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Avino Silver Gold on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Avino Silver Gold based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Avino Silver Gold price pattern first instead of the macroeconomic environment surrounding Avino Silver Gold. By analyzing Avino Silver's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Avino Silver's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Avino Silver specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding148.6352.9482.9678.81
PTB Ratio1.10.790.60.57

Avino Silver April 25, 2024 Technical Indicators

Most technical analysis of Avino help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Avino from various momentum indicators to cycle indicators. When you analyze Avino charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether Avino Silver Gold is a strong investment it is important to analyze Avino Silver's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Avino Silver's future performance. For an informed investment choice regarding Avino Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avino Silver Gold. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Complementary Tools for Avino Stock analysis

When running Avino Silver's price analysis, check to measure Avino Silver'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 Avino Silver is operating at the current time. Most of Avino Silver's value examination focuses on studying past and present price action to predict the probability of Avino Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avino Silver's price. Additionally, you may evaluate how the addition of Avino Silver to your portfolios can decrease your overall portfolio volatility.
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Is Avino Silver's industry 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 Avino Silver. If investors know Avino 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 Avino Silver 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
(0.60)
Revenue Per Share
0.362
Quarterly Revenue Growth
(0.14)
Return On Assets
0.0015
Return On Equity
0.0053
The market value of Avino Silver Gold is measured differently than its book value, which is the value of Avino that is recorded on the company's balance sheet. Investors also form their own opinion of Avino Silver's value that differs from its market value or its book value, called intrinsic value, which is Avino Silver'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 Avino Silver's market value can be influenced by many factors that don't directly affect Avino Silver'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 Avino Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avino Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avino Silver'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.