Avino Stock Market Value

ASM -  USA Stock  

USD 0.83  0.05  5.68%

Avino Silver's market value is the price at which a share of Avino Silver stock trades on a public exchange. It measures the collective expectations of Avino Silver Gold investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Avino Silver Gold and determine expected loss or profit from investing in Avino Silver over a given investment horizon. Please continue to Avino Silver Hype Analysis, Avino Silver Correlation, Avino Silver Valuation, Avino Silver Volatility, as well as analyze Avino Silver Alpha and Beta and Avino Silver Performance.
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Is Avino Silver'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 Avino Silver. If investors know Avino 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 Avino Silver listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Avino Silver Gold is measured differently than its book value, which is the value of Avino that is recorded on the company's balance sheet. Investors also form their own opinion of Avino Silver's value that differs from its market value or its book value, called intrinsic value, which is Avino Silver'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 Avino Silver's market value can be influenced by many factors that don't directly affect Avino Silver'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 Avino Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine Avino Silver value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avino Silver'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.

Avino Silver 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Avino Silver's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Avino Silver.
0.00
10/02/2021
No Change 0.00  0.0 
In 2 months and 2 days
12/01/2021
0.00
If you would invest  0.00  in Avino Silver on October 2, 2021 and sell it all today you would earn a total of 0.00 from holding Avino Silver Gold or generate 0.0% return on investment in Avino Silver over 60 days. Avino Silver is related to or competes with First Majestic, Endeavour Silver, Fortuna Silver, MAG Silver, Alcoa Corp, and Aaon. Avino Silver Gold Mines Ltd., together with its subsidiaries, engages in the acquisition, exploration, and advancement o...

Avino Silver Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Avino Silver's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Avino Silver Gold upside and downside potential and time the market with a certain degree of confidence.

Avino Silver Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Avino Silver's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Avino Silver's standard deviation. In reality, there are many statistical measures that can use Avino Silver historical prices to predict the future Avino Silver's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Avino Silver's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Avino Silver in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.040.884.44
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Intrinsic
Valuation
LowReal ValueHigh
0.051.044.60
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Naive
Forecast
LowNext ValueHigh
0.0158070.794.35
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2 Analysts
Consensus
LowTarget PriceHigh
1.251.682.10
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Avino Silver. Your research has to be compared to or analyzed against Avino Silver's peers to derive any actionable benefits. When done correctly, Avino Silver's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Avino Silver Gold.

Avino Silver Gold Backtested Returns

Avino Silver Gold secures Sharpe Ratio (or Efficiency) of -0.0725, which signifies that the company had -0.0725% of return per unit of risk over the last 3 months. Macroaxis standpoint towards foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Avino Silver Gold exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Avino Silver Gold risk adjusted performance of (0.048276), and Mean Deviation of 2.5 to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 0.8437, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Avino's beta means in this case. As returns on the market increase, Avino Silver returns are expected to increase less than the market. However, during the bear market, the loss on holding Avino Silver will be expected to be smaller as well. Even though it is essential to pay attention to Avino Silver Gold historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Avino Silver Gold exposes twenty-one different technical indicators, which can help you to evaluate its performance. Avino Silver Gold has an expected return of -0.26%. Please be advised to confirm Avino Silver Gold information ratio, as well as the relationship between the potential upside and kurtosis to decide if Avino Silver Gold performance from the past will be repeated at some point in the near future.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
  (0.01)   

Very weak reverse predictability

Avino Silver Gold has very weak reverse predictability. Overlapping area represents the amount of predictability between Avino Silver time series from 2nd of October 2021 to 1st of November 2021 and 1st of November 2021 to 1st of December 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Avino Silver Gold price movement. The serial correlation of -0.01 indicates that just 1.0% of current Avino Silver price fluctuation can be explain by its past prices. Given that Avino Silver Gold has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Avino Silver for similar time interval.
Correlation Coefficient-0.01
Spearman Rank Test-0.08
Residual Average0.0
Price Variance0.0

Avino Silver Gold lagged returns against current returns

Autocorrelation, which is Avino Silver stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Avino Silver's stock expected returns. We can calculate the autocorrelation of Avino Silver returns to help us make a trade decision. For example, suppose you find that Avino Silver stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
 Current and Lagged Values 
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Avino Silver regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Avino Silver stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Avino Silver stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Avino Silver stock over time.
 Current vs Lagged Prices 
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Avino Silver Lagged Returns

When evaluating Avino Silver's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Avino Silver stock have on its future price. Avino Silver autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Avino Silver autocorrelation shows the relationship between Avino Silver stock current value and its past values and can show if there is a momentum factor associated with investing in Avino Silver Gold.
 Regressed Prices 
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      Timeline 

Avino Silver Investors Sentiment

The influence of Avino Silver's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Avino. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Avino Silver in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Avino Silver's short interest history, or implied volatility extrapolated from Avino Silver options trading.

Current Sentiment - ASM

Avino Silver Gold Investor Sentiment

Greater number of Macroaxis users are presently bullish on Avino Silver Gold. What is your sentiment towards investing in Avino Silver Gold? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Pair Trading with Avino Silver

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Avino Silver position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Avino Silver will appreciate offsetting losses from the drop in the long position's value.

Avino Silver Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Avino Silver and First Majestic Silver. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Please continue to Avino Silver Hype Analysis, Avino Silver Correlation, Avino Silver Valuation, Avino Silver Volatility, as well as analyze Avino Silver Alpha and Beta and Avino Silver Performance. Note that the Avino Silver Gold information on this page should be used as a complementary analysis to other Avino Silver'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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for Avino Stock analysis

When running Avino Silver Gold price analysis, check to measure Avino Silver'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 Avino Silver is operating at the current time. Most of Avino Silver's value examination focuses on studying past and present price action to predict the probability of Avino Silver's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Avino Silver's price. Additionally, you may evaluate how the addition of Avino Silver to your portfolios can decrease your overall portfolio volatility.
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Avino Silver 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 Avino Silver technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Avino Silver 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...