Allovirinc Stock Price on February 7, 2023

ALVR Stock  USD 0.76  0.01  1.33%   
If you're considering investing in AllovirInc Stock, it is important to understand the factors that can impact its price. As of today, the current price of AllovirInc stands at 0.76, as last reported on the 28th of March, with the highest price reaching 0.80 and the lowest price hitting 0.74 during the day. AllovirInc appears to be slightly risky, given 3 months investment horizon. AllovirInc secures Sharpe Ratio (or Efficiency) of 0.0709, which signifies that the company had a 0.0709% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for AllovirInc, which you can use to evaluate the volatility of the firm. Please makes use of AllovirInc's Mean Deviation of 3.75, risk adjusted performance of (0.05), and Standard Deviation of 8.91 to double-check if our risk estimates are consistent with your expectations.
  
At this time, AllovirInc's Total Stockholder Equity is relatively stable compared to the past year. As of 03/28/2024, Liabilities And Stockholders Equity is likely to grow to about 236.5 M, while Capital Stock is likely to drop 6,233. . At this time, AllovirInc's Price Book Value Ratio is relatively stable compared to the past year. As of 03/28/2024, Price Earnings To Growth Ratio is likely to grow to 0.02, while Price To Sales Ratio is likely to drop 2,922. AllovirInc Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0709

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Estimated Market Risk

 3.37
  actual daily
29
71% of assets are more volatile

Expected Return

 0.24
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.07
  actual daily
5
95% of assets perform better
Based on monthly moving average AllovirInc is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of AllovirInc by adding it to a well-diversified portfolio.
Price Book
0.591
Book Value
1.315
Enterprise Value
-70.4 M
Enterprise Value Ebitda
0.3889
Shares Float
38.3 M

AllovirInc Valuation on February 7, 2023

It is possible to determine the worth of AllovirInc on a given historical date. On February 7, 2023 AllovirInc was worth 6.51 at the beginning of the trading date compared to the closed value of 6.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AllovirInc stock. Still, in general, we apply an absolute valuation method to find AllovirInc's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of AllovirInc where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AllovirInc's related companies.
 Open High Low Close Volume
  6.42    6.97    6.38    6.43    301,925  
02/07/2023
  6.51    6.55    6.25    6.40    264,977  
  6.40    6.42    6.04    6.04    168,676  
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Open Value
6.51
6.4
Closing Value
16.63
Upside

AllovirInc Trading Date Momentum on February 7, 2023

On February 08 2023 AllovirInc was traded for  6.04  at the closing time. The top price for the day was 6.42  and the lowest listed price was  6.04 . The trading volume for the day was 168.7 K. The trading history from February 8, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 5.63% . The overall trading delta against the current closing price is 3.44% .

AllovirInc Fundamentals Correlations and Trends

By evaluating AllovirInc's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among AllovirInc's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AllovirInc financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About AllovirInc Stock history

AllovirInc investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for AllovirInc is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AllovirInc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing AllovirInc stock prices may prove useful in developing a viable investing in AllovirInc
Last ReportedProjected for 2024
Common Stock Shares Outstanding104.1 M64.1 M
Net Loss-151.8 M-144.2 M

AllovirInc Quarterly Net Working Capital

159.27 Million

AllovirInc Stock Technical Analysis

AllovirInc 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 AllovirInc technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of AllovirInc 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...

Price Boundaries

AllovirInc Period Price Range

Low
February 7, 2023
High

 6.51 

  

 6.40 

-0.11-1.69%

AllovirInc March 28, 2024 Market Strength

Market strength indicators help investors to evaluate how AllovirInc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AllovirInc shares will generate the highest return on investment. By undertsting and applying AllovirInc stock market strength indicators, traders can identify AllovirInc entry and exit signals to maximize returns

AllovirInc Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for AllovirInc's price direction in advance. Along with the technical and fundamental analysis of AllovirInc Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of AllovirInc to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether AllovirInc is a strong investment it is important to analyze AllovirInc'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 AllovirInc's future performance. For an informed investment choice regarding AllovirInc Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AllovirInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
To learn how to invest in AllovirInc Stock, please use our How to Invest in AllovirInc guide.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Complementary Tools for AllovirInc Stock analysis

When running AllovirInc's price analysis, check to measure AllovirInc'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 AllovirInc is operating at the current time. Most of AllovirInc's value examination focuses on studying past and present price action to predict the probability of AllovirInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AllovirInc's price. Additionally, you may evaluate how the addition of AllovirInc to your portfolios can decrease your overall portfolio volatility.
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Is AllovirInc'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 AllovirInc. If investors know AllovirInc 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 AllovirInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.83)
Return On Assets
(0.48)
Return On Equity
(1.03)
The market value of AllovirInc is measured differently than its book value, which is the value of AllovirInc that is recorded on the company's balance sheet. Investors also form their own opinion of AllovirInc's value that differs from its market value or its book value, called intrinsic value, which is AllovirInc'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 AllovirInc's market value can be influenced by many factors that don't directly affect AllovirInc'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 AllovirInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if AllovirInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AllovirInc'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.