Avino Stock Alpha and Beta Analysis

ASM
 Stock
  

USD 0.69  0.03  4.55%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Avino Silver Gold. It also helps investors analyze the systematic and unsystematic risks associated with investing in Avino Silver over a specified time horizon. Remember, high Avino Silver's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Please continue to Avino Silver Backtesting, Avino Silver Valuation, Avino Silver Correlation, Avino Silver Hype Analysis, Avino Silver Volatility, Avino Silver History and analyze Avino Silver Performance.
  
Please note that although Avino Silver alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., NYSE Composite index.) So in this particular case, Avino Silver did 0.31  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Avino Silver Gold stock's relative risk over its benchmark. Avino Silver Gold has a beta of 1.69  . Let's try to break down what Avino's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Avino Silver will likely underperform.
Avino Silver Book Value per Share is relatively stable at the moment as compared to the past year. The company's current value of Book Value per Share is estimated at 0.84. Enterprise Value over EBITDA is expected to hike to 170.51 this year, although Price to Book Value will most likely fall to 1.34.
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Enterprise Value

66.68 Million

Avino Silver Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Avino Silver market risk premium is the additional return an investor will receive from holding Avino Silver long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Avino Silver. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Avino Silver's performance over market.
α0.31   β1.69
90 days against NYA

Avino Silver expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Avino Silver's Buy-and-hold return. Our buy-and-hold chart shows how Avino Silver performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Avino Silver Market Price Analysis

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

Avino Silver Return and Market Media

The median price of Avino Silver for the period between Thu, Sep 8, 2022 and Wed, Dec 7, 2022 is 0.6 with a coefficient of variation of 11.49. The daily time series for the period is distributed with a sample standard deviation of 0.07, arithmetic mean of 0.6, and mean deviation of 0.06. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Southern Silver Exploration eyeing big rewards from Cerro La...09/15/2022
2
EPS Estimate09/30/2022
3
Avino Silver Golds path to becoming an intermediate silver p...10/04/2022
4
Silver Wolf Provides Update on Ana Maria Exploration Work - ...10/12/2022
5
EPS Reported11/09/2022
6
Avino Silver Gold Mines Earnings Are Weaker Than They Seem -...11/17/2022

About Avino Silver Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Avino or other stocks. Alpha measures the amount that position in Avino Silver Gold has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2019 2020 2021 2022 (projected)
Book Value per Share0.770.710.780.84
Asset Turnover0.310.230.130.19

Avino Silver Upcoming Company Events

As portrayed in its financial statements, the presentation of Avino Silver's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Avino Silver's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Avino Silver's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Avino Silver. Please utilize our Beneish M Score to check the likelihood of Avino Silver's management manipulating its earnings.
Upcoming Quarterly Report2nd of March 2022
Next Financial Report11th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End2nd of March 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Build Portfolio with Avino Silver

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

Build Diversified Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please continue to Avino Silver Backtesting, Avino Silver Valuation, Avino Silver Correlation, Avino Silver Hype Analysis, Avino Silver Volatility, Avino Silver History and analyze Avino Silver Performance. You can also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for 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.
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Go
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
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...