Avino Silver Gold Stock Alpha and Beta Analysis

ASM Stock  USD 0.58  0.02  3.33%   
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. Key technical indicators related to Avino Silver's market risk premium analysis include:
Beta
1.28
Alpha
0.13
Risk
2.69
Sharpe Ratio
0.1
Expected Return
0.27
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 0.13  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 1.28  . As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Avino Silver will likely underperform. As of the 18th of March 2024, Price Book Value Ratio is likely to drop to 0.89. In addition to that, Enterprise Value Multiple is likely to drop to 8.27.
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.
  
Check out Avino Silver Backtesting, Avino Silver Valuation, Avino Silver Correlation, Avino Silver Hype Analysis, Avino Silver Volatility, Avino Silver History and analyze Avino Silver Performance.

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.
α0.13   β1.28

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 Tue, Dec 19, 2023 and Mon, Mar 18, 2024 is 0.48 with a coefficient of variation of 6.64. The daily time series for the period is distributed with a sample standard deviation of 0.03, arithmetic mean of 0.49, and mean deviation of 0.02. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
StockNews.com Begins Coverage on Avino Silver Gold Mines
01/24/2024
2
Avino Silver Gold Mines Now Covered by Analysts at StockNews.com
02/01/2024
3
Applied Statistics and Management Incs MD-Staff Clinches 2024 Best in KLAS Award for Credentialing Excellence, Marking Fourth Consecutive Win
02/07/2024
4
Manchester Co-op Live and AO Arena in licensing row
02/22/2024
5
Bishop Fox Cosmos Solidifies 3rd Consecutive Strong Leadership Position in GigaOm Attack Surface Management Radar
02/28/2024
6
Avino Silver Gives Update on Its La Preciosa Property
03/04/2024
7
Avino Silver Gold Mines Shares Up 8.1 percent - Defense World
03/13/2024
8
Australian Strategic Materials First Half 2024 Earnings AU0.05 loss per share
03/15/2024

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.
 2021 2022 2024 (projected)
Price Book Value Ratio1.10.820.89
Operating Cycle394.73131.39143.55

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.
26th of March 2024
Upcoming Quarterly Report
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8th of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
View
26th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

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When determining whether Avino Silver Gold is a strong investment it is important to analyze Avino Silver'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 Avino Silver's future performance. For an informed investment choice regarding Avino Stock, refer to the following important reports:

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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...