Avid Technology Buy Hold or Sell Recommendation

AVIDDelisted Stock  USD 27.04  0.00  0.00%   
Given the investment horizon of 90 days and your complete indifference towards market risk, our recommendation regarding Avid Technology is 'Not Rated'. Macroaxis provides Avid Technology buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding AVID positions. The advice algorithm takes into account all of Avid Technology's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Avid Technology's buy or sell advice are summarized below:
Real Value
22.88
Hype Value
27.04
Market Value
27.04
Naive Value
27.02
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Avid Technology given historical horizon and risk tolerance towards Avid Technology. When Macroaxis issues a 'buy' or 'sell' recommendation for Avid Technology, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
In addition, we conduct extensive research on individual companies such as Avid and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Avid Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

Execute Avid Technology Buy or Sell Advice

The Avid recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Avid Technology. Macroaxis does not own or have any residual interests in Avid Technology or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Avid Technology's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Avid TechnologyBuy Avid Technology
Not Rated
For the selected time horizon Avid Technology has a Risk Adjusted Performance of (0.02), Jensen Alpha of (0.01), Total Risk Alpha of (0.07) and Treynor Ratio of 0.2768
Our investment recommendation module complements current analysts and expert consensus on Avid Technology. It analyzes the firm potential to grow using all fundamental, technical, and market related data available at the time. To make sure Avid Technology is not overpriced, please confirm all Avid Technology fundamentals, including its ebitda, current ratio, and the relationship between the price to sales and cash per share . Given that Avid Technology has a price to sales of 2.65 X, we suggest you to validate Avid Technology market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Avid Technology Trading Alerts and Improvement Suggestions

Avid Technology is not yet fully synchronised with the market data
Avid Technology has a very high chance of going through financial distress in the upcoming years
The company currently holds 203.14 M in liabilities. Avid Technology has a current ratio of 0.84, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Avid Technology until it has trouble settling it off, either with new capital or with free cash flow. So, Avid Technology's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Avid Technology sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Avid to invest in growth at high rates of return. When we think about Avid Technology's use of debt, we should always consider it together with cash and equity.
Over 86.0% of the company shares are held by institutions such as insurance companies

Avid Technology Returns Distribution Density

The distribution of Avid Technology's historical returns is an attempt to chart the uncertainty of Avid Technology's future price movements. The chart of the probability distribution of Avid Technology daily returns describes the distribution of returns around its average expected value. We use Avid Technology price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Avid Technology returns is essential to provide solid investment advice for Avid Technology.
Mean Return
-0.0031
Value At Risk
-0.23
Potential Upside
0.26
Standard Deviation
0.23
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Avid Technology historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Note: Disposition of 68800 shares by Daniel Silvers of Avid Technology subject to Rule 16b-3 [view details]

Avid Technology Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Avid . With many 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.

About Avid Technology Buy or Sell Advice

When is the right time to buy or sell Avid Technology? Buying financial instruments such as Avid Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Avid Technology in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run High Yield ETFs Thematic Idea Now

High Yield ETFs
High Yield ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The High Yield ETFs theme has 95 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize High Yield ETFs Theme or any other thematic opportunities.
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Other Consideration for investing in Avid Stock

If you are still planning to invest in Avid Technology check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Avid Technology's history and understand the potential risks before investing.
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