Avis Budget Group Stock Price on March 16, 2022

CAR Stock  USD 122.46  0.77  0.62%   
Below is the normalized historical share price chart for Avis Budget Group extending back to September 14, 1983. 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 Avis Budget stands at 122.46, as last reported on the 29th of March, with the highest price reaching 124.18 and the lowest price hitting 121.70 during the day.
IPO Date
12th of January 1990
200 Day MA
182.3598
50 Day MA
132.4828
Beta
2.204
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Avis Stock, it is important to understand the factors that can impact its price. Avis Budget Group secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of risk over the last 3 months. Avis Budget Group exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Avis Budget's Risk Adjusted Performance of (0.06), mean deviation of 2.29, and Standard Deviation of 4.0 to double-check the risk estimate we provide.
  
At this time, Avis Budget's Common Stock Shares Outstanding is relatively stable compared to the past year. As of 03/29/2024, Liabilities And Stockholders Equity is likely to grow to about 35.1 B, though Total Stockholder Equity is likely to grow to (331.6 M). . At this time, Avis Budget's Price To Operating Cash Flows Ratio is relatively stable compared to the past year. As of 03/29/2024, Price Cash Flow Ratio is likely to grow to 2.76, while Price Earnings Ratio is likely to drop 3.95. Avis Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1195

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Estimated Market Risk

 4.16
  actual daily
36
64% of assets are more volatile

Expected Return

 -0.5
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  actual daily
0
Most of other assets perform better
Based on monthly moving average Avis Budget is not performing at its full potential. However, 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 Avis Budget by adding Avis Budget to a well-diversified portfolio.
Price Book
7.139
Enterprise Value Ebitda
5.3481
Price Sales
0.364
Shares Float
17.3 M
Wall Street Target Price
166.43

Avis Budget Valuation on March 16, 2022

It is possible to determine the worth of Avis Budget on a given historical date. On March 16, 2022 Avis was worth 239.42 at the beginning of the trading date compared to the closed value of 267.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Avis Budget stock. Still, in general, we apply an absolute valuation method to find Avis Budget'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 Avis Budget where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Avis Budget's related companies.
 Open High Low Close Volume
  215.86    231.76    214.16    220.07    919,855  
03/16/2022
  239.42    282.89    235.10    267.45    3,339,432  
  276.65    299.33    274.70    283.13    1,263,505  
Backtest Avis Budget  |  Avis Budget History  |  Avis Budget Valuation   PreviousNext  
Open Value
239.42
226.95
Downside
267.45
Closing Value
251.89
Upside

Avis Budget Trading Date Momentum on March 16, 2022

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.

Avis Budget Group Fundamentals Correlations and Trends

By evaluating Avis Budget'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 Avis Budget's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Avis financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Avis Budget Stock history

Avis Budget 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 Avis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Avis Budget Group 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 Avis Budget stock prices may prove useful in developing a viable investing in Avis Budget
Last ReportedProjected for 2024
Common Stock Shares Outstanding38.8 M77.3 M
Net Income Applicable To Common Shares2.5 B2.6 B

Avis Budget Stock Technical Analysis

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

Avis Budget Period Price Range

Low
March 16, 2022
28.03  11.71%
High

 239.42 

     

 267.45 

Avis Budget March 29, 2024 Market Strength

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

Avis Budget Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Avis Budget's price direction in advance. Along with the technical and fundamental analysis of Avis Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Avis 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 Avis Budget Group is a strong investment it is important to analyze Avis Budget'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 Avis Budget's future performance. For an informed investment choice regarding Avis Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avis Budget Group. 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.
Note that the Avis Budget Group information on this page should be used as a complementary analysis to other Avis Budget'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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for Avis Stock analysis

When running Avis Budget's price analysis, check to measure Avis Budget'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 Avis Budget is operating at the current time. Most of Avis Budget's value examination focuses on studying past and present price action to predict the probability of Avis Budget's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avis Budget's price. Additionally, you may evaluate how the addition of Avis Budget to your portfolios can decrease your overall portfolio volatility.
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Is Avis Budget'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 Avis Budget. If investors know Avis 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 Avis Budget 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
(0.29)
Earnings Share
42.08
Revenue Per Share
313.525
Quarterly Revenue Growth
(0)
Return On Assets
0.0636
The market value of Avis Budget Group is measured differently than its book value, which is the value of Avis that is recorded on the company's balance sheet. Investors also form their own opinion of Avis Budget's value that differs from its market value or its book value, called intrinsic value, which is Avis Budget'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 Avis Budget's market value can be influenced by many factors that don't directly affect Avis Budget'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 Avis Budget's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avis Budget is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avis Budget'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.