Aerovironment Stock Technical Analysis

AVAV Stock  USD 153.28  4.00  2.68%   
As of the 28th of March, AeroVironment shows the Downside Deviation of 2.31, mean deviation of 2.16, and Risk Adjusted Performance of 0.0604. AeroVironment 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 were able to analyze nineteen technical drivers for AeroVironment, which can be compared to its rivals. Please confirm AeroVironment standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if AeroVironment is priced correctly, providing market reflects its regular price of 153.28 per share. Given that AeroVironment has jensen alpha of 0.2468, we suggest you to validate AeroVironment's prevailing market performance to make sure the company can sustain itself at a future point.

AeroVironment Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as AeroVironment, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AeroVironment
  
AeroVironment'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.
AeroVironment 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 AeroVironment technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of AeroVironment 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...

AeroVironment Technical Analysis

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The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 AeroVironment volatility. High ATR values indicate high volatility, and low values indicate low volatility.

AeroVironment Trend Analysis

Use this graph to draw trend lines for AeroVironment. You can use it to identify possible trend reversals for AeroVironment 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 AeroVironment price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

AeroVironment Best Fit Change Line

The following chart estimates an ordinary least squares regression model for AeroVironment applied against its price change over selected period. The best fit line has a slop of   0.69  , which means AeroVironment will continue generating value for investors. It has 122 observation points and a regression sum of squares at 17774.24, which is the sum of squared deviations for the predicted AeroVironment price change compared to its average price change.

About AeroVironment 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 AeroVironment 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 AeroVironment based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on AeroVironment price pattern first instead of the macroeconomic environment surrounding AeroVironment. By analyzing AeroVironment'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 AeroVironment'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 AeroVironment specific price patterns or momentum indicators. Please read more on our technical analysis page.

AeroVironment March 28, 2024 Technical Indicators

Most technical analysis of AeroVironment 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 AeroVironment from various momentum indicators to cycle indicators. When you analyze AeroVironment 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.

AeroVironment March 28, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as AeroVironment stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether AeroVironment is a strong investment it is important to analyze AeroVironment'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 AeroVironment's future performance. For an informed investment choice regarding AeroVironment Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AeroVironment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy AeroVironment Stock please use our How to Invest in AeroVironment guide.
Note that the AeroVironment information on this page should be used as a complementary analysis to other AeroVironment's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for AeroVironment Stock analysis

When running AeroVironment's price analysis, check to measure AeroVironment'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 AeroVironment is operating at the current time. Most of AeroVironment's value examination focuses on studying past and present price action to predict the probability of AeroVironment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AeroVironment's price. Additionally, you may evaluate how the addition of AeroVironment to your portfolios can decrease your overall portfolio volatility.
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Is AeroVironment'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 AeroVironment. If investors know AeroVironment 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 AeroVironment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of AeroVironment is measured differently than its book value, which is the value of AeroVironment that is recorded on the company's balance sheet. Investors also form their own opinion of AeroVironment's value that differs from its market value or its book value, called intrinsic value, which is AeroVironment'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 AeroVironment's market value can be influenced by many factors that don't directly affect AeroVironment'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 AeroVironment's value and its price as these two are different measures arrived at by different means. Investors typically determine if AeroVironment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AeroVironment'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.