Avis Budget Group Stock Performance
| CAR Stock | USD 111.91 2.82 2.46% |
The firm shows a Beta (market volatility) of 3.22, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Avis Budget will likely underperform. Avis Budget Group has an expected return of -0.48%. Please make sure to confirm Avis Budget Group skewness, and the relationship between the total risk alpha and rate of daily change , to decide if Avis Budget Group performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Avis Budget Group has generated negative risk-adjusted returns adding no value to investors with long positions. Even with abnormal performance in the last few months, the Stock's basic indicators remain relatively invariable which may send shares a bit higher in May 2024. The latest agitation may also be a sign of long-running up-swing for the enterprise retail investors. ...more
Actual Historical Performance (%)
One Day Return (5.21) | Five Day Return (3.59) | Year To Date Return (34.68) | Ten Year Return 131.17 | All Time Return 5.6 K |
Forward Dividend Yield 0.0159 | Payout Ratio 0.2347 | Last Split Factor 1:10 | Dividend Date 2023-12-21 | Ex Dividend Date 2023-12-14 |
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| Begin Period Cash Flow | 572 M |
Avis |
Avis Budget Relative Risk vs. Return Landscape
If you would invest 15,944 in Avis Budget Group on January 17, 2024 and sell it today you would lose (4,753) from holding Avis Budget Group or give up 29.81% of portfolio value over 90 days. Avis Budget Group is generating negative expected returns assuming volatility of 4.1516% on return distribution over 90 days investment horizon. In other words, 36% of stocks are less volatile than Avis, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Avis Budget Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Avis Budget's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Avis Budget Group, and traders can use it to determine the average amount a Avis Budget'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 = -0.1149
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| Negative Returns | CAR |
Estimated Market Risk
| 4.15 actual daily | 36 64% of assets are more volatile |
Expected Return
| -0.48 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 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.
Avis Budget Fundamentals Growth
Avis Stock prices reflect investors' perceptions of the future prospects and financial health of Avis Budget, and Avis Budget 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 Avis Stock performance.
| Return On Equity | -2.73 | ||||
| Return On Asset | 0.0636 | ||||
| Profit Margin | 0.14 % | ||||
| Operating Margin | 0.17 % | ||||
| Current Valuation | 29.97 B | ||||
| Shares Outstanding | 35.65 M | ||||
| Price To Earning | 4.30 X | ||||
| Price To Book | 7.14 X | ||||
| Price To Sales | 0.34 X | ||||
| Revenue | 12.01 B | ||||
| Gross Profit | 6.01 B | ||||
| EBITDA | 5.8 B | ||||
| Net Income | 1.63 B | ||||
| Cash And Equivalents | 579 M | ||||
| Cash Per Share | 12.05 X | ||||
| Total Debt | 26.45 B | ||||
| Current Ratio | 0.76 X | ||||
| Book Value Per Share | (9.86) X | ||||
| Cash Flow From Operations | 3.83 B | ||||
| Earnings Per Share | 42.08 X | ||||
| Market Capitalization | 4.09 B | ||||
| Total Asset | 33.42 B | ||||
| Retained Earnings | 3.85 B | ||||
| Working Capital | (520 M) | ||||
| Current Asset | 1.63 B | ||||
| Current Liabilities | 1.51 B | ||||
About Avis Budget Performance
To evaluate Avis Budget Group 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 Avis Budget 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 Avis 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 Avis Budget Group market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Avis'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.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 67.30 | 36.58 | |
| Return On Tangible Assets | 0.05 | 0.04 | |
| Return On Capital Employed | 0.08 | 0.13 | |
| Return On Assets | 0.05 | 0.03 | |
| Return On Equity | (4.68) | (4.44) |
Things to note about Avis Budget Group performance evaluation
Checking the ongoing alerts about Avis Budget for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Avis Budget Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Avis Budget Group generated a negative expected return over the last 90 days | |
| Avis Budget Group has high historical volatility and very poor performance | |
| The company has 26.45 B in debt. Avis Budget Group has a current ratio of 0.74, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Avis Budget until it has trouble settling it off, either with new capital or with free cash flow. So, Avis Budget'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 Avis Budget Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Avis to invest in growth at high rates of return. When we think about Avis Budget's use of debt, we should always consider it together with cash and equity. | |
| Avis Budget Group has a frail financial position based on the latest SEC disclosures | |
| Over 97.0% of the company shares are held by institutions such as insurance companies | |
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- Analyzing Avis Budget'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 Avis Budget's stock is overvalued or undervalued compared to its peers.
- Examining Avis Budget'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 Avis Budget's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Avis Budget's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Avis Budget's stock. These opinions can provide insight into Avis Budget'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, 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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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.