Avnet Stock Chance of Future Stock Price Finishing Over 37.93

AVT
 Stock
  

USD 43.37  0.91  2.06%   

Avnet's future price is the expected price of Avnet instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Avnet Inc performance during a given time horizon utilizing its historical volatility. Avnet Price to Book Value is comparatively stable at the moment as compared to the past year. Avnet reported Price to Book Value of 0.98 in 2021. Price to Sales Ratio is likely to gain to 0.23 in 2022, whereas Price to Earnings Ratio are likely to drop (14.19)  in 2022.
  
Avnet's implied volatility is one of the determining factors in the pricing options written on Avnet Inc. Implied volatility approximates the future value of Avnet based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Avnet Inc over a specific time period. For example, 2022-12-16 CALL at $43.0 is a CALL option contract on Avnet's common stock with a strick price of 43.0 expiring on 2022-12-16. The contract was last traded on 2022-11-18 at 15:54:52 for $2.2 and, as of today, has 10 days remaining before the expiration. The option is currently trading at a bid price of $1.55, and an ask price of $1.8. The implied volatility as of the 6th of December is 30.5932. View All Avnet options

Closest to current price Avnet long CALL Option Payoff at Expiration

Please continue to Avnet Backtesting, Avnet Valuation, Avnet Correlation, Avnet Hype Analysis, Avnet Volatility, Avnet History as well as Avnet Performance. Please specify Avnet time horizon, a valid symbol (red box) and a target price (blue box) you would like Avnet odds to be computed.

Avnet Target Price Odds to finish over 37.93

The tendency of Avnet Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to stay above $ 37.93  in 90 days
 43.37 90 days 37.93 
about 81.39
Based on a normal probability distribution, the odds of Avnet to stay above $ 37.93  in 90 days from now is about 81.39 (This Avnet Inc probability density function shows the probability of Avnet Stock to fall within a particular range of prices over 90 days) . Probability of Avnet Inc price to stay between $ 37.93  and its current price of $43.37 at the end of the 90-day period is about 64.01 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.16 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Avnet will likely underperform. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Avnet Inc is significantly underperforming NYSE Composite.
   Avnet Price Density   
       Price  

Predictive Modules for Avnet

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Avnet Inc. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Avnet'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 Avnet in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
42.2544.3446.43
Details
Intrinsic
Valuation
LowReal ValueHigh
42.7444.8346.92
Details
Naive
Forecast
LowNext ValueHigh
40.9643.0545.15
Details
5 Analysts
Consensus
LowTarget PriceHigh
43.0047.2053.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Avnet. Your research has to be compared to or analyzed against Avnet's peers to derive any actionable benefits. When done correctly, Avnet'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 Avnet Inc.

Avnet Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Avnet is not an exception. The market had few large corrections towards the Avnet's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Avnet Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Avnet within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.01
β
Beta against NYSE Composite1.16
σ
Overall volatility
2.97
Ir
Information ratio -0.0013

Avnet Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Avnet for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Avnet Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Avnet Inc has about 80.88 M in cash with (219.31 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.86.
Over 99.0% of the company shares are held by institutions such as insurance companies
Latest headline from news.google.com: Navitas Semiconductor and Avnet Silica announce agreement for close collaboration to expand market for advanced GaN power ICs - Yahoo Finance

Avnet Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Avnet Stock often depends not only on the future outlook of the current and potential Avnet's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Avnet's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding99819000.00
Cash And Short Term Investments153693000.00

Avnet Technical Analysis

Avnet's future price can be derived by breaking down and analyzing its technical indicators over time. Avnet Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Avnet Inc. In general, you should focus on analyzing Avnet Stock price patterns and their correlations with different microeconomic environments and drivers.

Avnet Predictive Forecast Models

Avnet time-series forecasting models is one of many Avnet's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Avnet's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Avnet Inc

Checking the ongoing alerts about Avnet for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Avnet Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Avnet Inc has about 80.88 M in cash with (219.31 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.86.
Over 99.0% of the company shares are held by institutions such as insurance companies
Latest headline from news.google.com: Navitas Semiconductor and Avnet Silica announce agreement for close collaboration to expand market for advanced GaN power ICs - Yahoo Finance
Please continue to Avnet Backtesting, Avnet Valuation, Avnet Correlation, Avnet Hype Analysis, Avnet Volatility, Avnet History as well as Avnet Performance. You can also try Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

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When running Avnet Inc price analysis, check to measure Avnet'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 Avnet is operating at the current time. Most of Avnet's value examination focuses on studying past and present price action to predict the probability of Avnet's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Avnet's price. Additionally, you may evaluate how the addition of Avnet to your portfolios can decrease your overall portfolio volatility.
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Is Avnet'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 Avnet. If investors know Avnet 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 Avnet 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 YOY
0.76
Market Capitalization
4.1 B
Quarterly Revenue Growth YOY
0.21
Return On Assets
0.0685
Return On Equity
0.19
The market value of Avnet Inc is measured differently than its book value, which is the value of Avnet that is recorded on the company's balance sheet. Investors also form their own opinion of Avnet's value that differs from its market value or its book value, called intrinsic value, which is Avnet'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 Avnet's market value can be influenced by many factors that don't directly affect Avnet'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 Avnet's value and its price as these two are different measures arrived at by different means. Investors typically determine Avnet value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avnet'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.