Avinger Stock Price on October 29, 2021
| AVGR Stock | USD 3.92 0.25 6.81% |
Below is the normalized historical share price chart for Avinger extending back to January 30, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Avinger stands at 3.92, as last reported on the 19th of April, with the highest price reaching 3.93 and the lowest price hitting 3.72 during the day.
If you're considering investing in Avinger Stock, it is important to understand the factors that can impact its price. Avinger is risky given 3 months investment horizon. Avinger secures Sharpe Ratio (or Efficiency) of 0.0879, which signifies that the company had a 0.0879% return per unit of risk over the last 3 months. We were able to analyze and collect data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.06% are justified by taking the suggested risk. Use Avinger Downside Deviation of 6.94, mean deviation of 5.17, and Risk Adjusted Performance of 0.0663 to evaluate company specific risk that cannot be diversified away.
At this time, Avinger's Common Stock Shares Outstanding is relatively stable compared to the past year. As of 04/19/2024, Liabilities And Stockholders Equity is likely to grow to about 23.4 M, while Other Stockholder Equity is likely to drop slightly above 275 M. . As of 04/19/2024, Price Earnings To Growth Ratio is likely to grow to 0, while Price To Sales Ratio is likely to drop 0.26. Avinger Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 30th of January 2015 | 200 Day MA 5.2436 | 50 Day MA 3.3422 | Beta 1.324 |
Avinger |
Sharpe Ratio = 0.0879
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Estimated Market Risk
| 12.06 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.06 actual daily | 20 80% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Avinger is performing at about 6% 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 Avinger by adding it to a well-diversified portfolio.
Price Book 1.5635 | Enterprise Value Ebitda (1.03) | Price Sales 0.8884 | Shares Float 1.3 M | Wall Street Target Price 5 |
Avinger Valuation on October 29, 2021
It is possible to determine the worth of Avinger on a given historical date. On October 29, 2021 Avinger was worth 3.6 at the beginning of the trading date compared to the closed value of 52.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Avinger stock. Still, in general, we apply an absolute valuation method to find Avinger'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 Avinger where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Avinger's related companies.
| Open | High | Low | Close | Volume | |
04/04/2022 | 3.60 | 52.50 | 52.50 | 52.50 | 5,468 |
| 3.50 | 50.25 | 50.25 | 50.25 | 7,461 |
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Avinger Trading Date Momentum on October 29, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Avinger Fundamentals Correlations and Trends
By evaluating Avinger'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 Avinger's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Avinger financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Avinger Stock history
Avinger 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 Avinger is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Avinger 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 Avinger stock prices may prove useful in developing a viable investing in Avinger
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 786 K | 825.3 K | |
| Net Loss | -31.3 M | -32.9 M |
Avinger Stock Technical Analysis
Avinger 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.
Price Boundaries
Avinger Period Price Range
Low | April 4, 2022
| High |
3.60 | 52.50 |
Avinger April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Avinger stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Avinger shares will generate the highest return on investment. By undertsting and applying Avinger stock market strength indicators, traders can identify Avinger entry and exit signals to maximize returns
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 14.58 | |||
| Day Median Price | 52.5 | |||
| Day Typical Price | 52.5 | |||
| Price Action Indicator | 24.45 | |||
| Period Momentum Indicator | (48.58) | |||
| Relative Strength Index | 60.52 |
Avinger Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Avinger's price direction in advance. Along with the technical and fundamental analysis of Avinger Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Avinger 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.
| Risk Adjusted Performance | 0.0663 | |||
| Jensen Alpha | 1.15 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.1463 | |||
| Treynor Ratio | (0.77) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avinger. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. To learn how to invest in Avinger Stock, please use our How to Invest in Avinger guide.Note that the Avinger information on this page should be used as a complementary analysis to other Avinger'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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for Avinger Stock analysis
When running Avinger's price analysis, check to measure Avinger'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 Avinger is operating at the current time. Most of Avinger's value examination focuses on studying past and present price action to predict the probability of Avinger's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avinger's price. Additionally, you may evaluate how the addition of Avinger to your portfolios can decrease your overall portfolio volatility.
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Is Avinger'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 Avinger. If investors know Avinger 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 Avinger listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (23.31) | Revenue Per Share 9.735 | Quarterly Revenue Growth (0.05) | Return On Assets (0.55) | Return On Equity (9.73) |
The market value of Avinger is measured differently than its book value, which is the value of Avinger that is recorded on the company's balance sheet. Investors also form their own opinion of Avinger's value that differs from its market value or its book value, called intrinsic value, which is Avinger'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 Avinger's market value can be influenced by many factors that don't directly affect Avinger'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 Avinger's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avinger is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avinger'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.