Avid Technology Performance
| AVIDDelisted Stock | USD 27.04 0.00 0.00% |
The firm shows a Beta (market volatility) of -0.0327, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Avid Technology are expected to decrease at a much lower rate. During the bear market, Avid Technology is likely to outperform the market. Avid Technology right now shows a risk of 0.0%. Please confirm Avid Technology value at risk, and the relationship between the information ratio and kurtosis , to decide if Avid Technology will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days Avid Technology has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound forward indicators, Avid Technology is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
| Begin Period Cash Flow | 60.6 M | |
| Total Cashflows From Investing Activities | -15.3 M |
Avid |
Avid Technology Relative Risk vs. Return Landscape
If you would invest 2,704 in Avid Technology on January 25, 2024 and sell it today you would earn a total of 0.00 from holding Avid Technology or generate 0.0% return on investment over 90 days. Avid Technology is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than Avid, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Avid Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Avid Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Avid Technology, and traders can use it to determine the average amount a Avid Technology's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average Avid Technology 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 Avid Technology by adding Avid Technology to a well-diversified portfolio.
Avid Technology Fundamentals Growth
Avid Stock prices reflect investors' perceptions of the future prospects and financial health of Avid Technology, and Avid Technology fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Avid Stock performance.
| Return On Asset | 0.055 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | (0.03) % | |||
| Current Valuation | 1.41 B | |||
| Shares Outstanding | 44.04 M | |||
| Price To Earning | 26.39 X | |||
| Price To Sales | 2.65 X | |||
| Revenue | 417.41 M | |||
| EBITDA | 63.52 M | |||
| Cash And Equivalents | 31.34 M | |||
| Cash Per Share | 0.70 X | |||
| Total Debt | 203.14 M | |||
| Debt To Equity | (1.75) % | |||
| Book Value Per Share | (2.79) X | |||
| Cash Flow From Operations | 48.02 M | |||
| Earnings Per Share | 0.72 X | |||
| Total Asset | 287.45 M | |||
| Retained Earnings | (1.07 B) | |||
| Current Asset | 158.21 M | |||
| Current Liabilities | 249.85 M | |||
About Avid Technology Performance
To evaluate Avid Technology Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Avid Technology generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Avid Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Avid Technology market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Avid's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Avid Technology, Inc., together with its subsidiaries, develops, markets, sells, and supports software and integrated solutions for video and audio content creation, management, and distribution worldwide. The company was incorporated in 1987 and is headquartered in Burlington, Massachusetts. Avid Tech operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 1405 people.Things to note about Avid Technology performance evaluation
Checking the ongoing alerts about Avid Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Avid Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 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 |
- Analyzing Avid Technology's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Avid Technology's stock is overvalued or undervalued compared to its peers.
- Examining Avid Technology's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Avid Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Avid Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Avid Technology's stock. These opinions can provide insight into Avid Technology's potential for growth and whether the stock is currently undervalued or overvalued.
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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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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