Aviat Stock Market Value

AVNW
 Stock
  

USD 32.23  0.57  1.80%   

Aviat Networks' market value is the price at which a share of Aviat Networks stock trades on a public exchange. It measures the collective expectations of Aviat Networks investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Aviat Networks and determine expected loss or profit from investing in Aviat Networks over a given investment horizon. Please continue to Aviat Networks Correlation, Aviat Networks Volatility and Aviat Networks Alpha and Beta module to complement your research on Aviat Networks.
Symbol


Is Aviat Networks' 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 Aviat Networks. If investors know Aviat 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 Aviat Networks 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
0.7
Market Capitalization
364.8 M
Quarterly Revenue Growth YOY
0.11
Return On Assets
0.0538
Return On Equity
0.0709
The market value of Aviat Networks is measured differently than its book value, which is the value of Aviat that is recorded on the company's balance sheet. Investors also form their own opinion of Aviat Networks' value that differs from its market value or its book value, called intrinsic value, which is Aviat Networks' 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 Aviat Networks' market value can be influenced by many factors that don't directly affect Aviat Networks' 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 Aviat Networks' value and its price as these two are different measures arrived at by different means. Investors typically determine Aviat Networks value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aviat Networks' 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.

Aviat Networks '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 Aviat Networks' 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 Aviat Networks.
0.00
01/06/2021
No Change 0.00  0.0 
In 1 year 10 months and 22 days
11/27/2022
0.00
If you would invest  0.00  in Aviat Networks on January 6, 2021 and sell it all today you would earn a total of 0.00 from holding Aviat Networks or generate 0.0% return on investment in Aviat Networks over 690 days. Aviat Networks is related to or competes with Cisco Systems, Hewlett Packard, and Addentax Group. Aviat Networks, Inc. provides microwave networking solutions in North America, Africa, the Middle East, Europe, Latin Am... More

Aviat Networks 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 Aviat Networks' 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 Aviat Networks upside and downside potential and time the market with a certain degree of confidence.

Aviat Networks Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Aviat Networks' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aviat Networks' standard deviation. In reality, there are many statistical measures that can use Aviat Networks historical prices to predict the future Aviat Networks' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Aviat Networks' 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 Aviat Networks in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
29.6832.2434.80
Details
Intrinsic
Valuation
LowReal ValueHigh
29.0137.3339.89
Details
4 Analysts
Consensus
LowTarget PriceHigh
50.5053.8857.00
Details
Earnings
Estimates (4)
LowProjected EPSHigh
2.282.402.56
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Aviat Networks. Your research has to be compared to or analyzed against Aviat Networks' peers to derive any actionable benefits. When done correctly, Aviat Networks' 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 Aviat Networks.

Aviat Networks Backtested Returns

We consider Aviat Networks very steady. Aviat Networks secures Sharpe Ratio (or Efficiency) of 0.014, which signifies that the company had 0.014% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Aviat Networks, which you can use to evaluate the future volatility of the firm. Please confirm Aviat Networks Risk Adjusted Performance of 0.0099, downside deviation of 2.96, and Mean Deviation of 1.74 to double-check if the risk estimate we provide is consistent with the expected return of 0.0358%.
Aviat Networks has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.9747, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Aviat's beta means in this case. Aviat Networks returns are very sensitive to returns on the market. As the market goes up or down, Aviat Networks is expected to follow. Although it is important to respect Aviat Networks historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Aviat Networks technical indicators, you can presently evaluate if the expected return of 0.0358% will be sustainable into the future. Aviat Networks right now shows a risk of 2.56%. Please confirm Aviat Networks sortino ratio, as well as the relationship between the semi variance and rate of daily change to decide if Aviat Networks will be following its price patterns.

Auto-correlation

    
  -0.17  

Insignificant reverse predictability

Aviat Networks has insignificant reverse predictability. Overlapping area represents the amount of predictability between Aviat Networks time series from 6th of January 2021 to 17th of December 2021 and 17th of December 2021 to 27th of November 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Aviat Networks price movement. The serial correlation of -0.17 indicates that over 17.0% of current Aviat Networks price fluctuation can be explain by its past prices.
Correlation Coefficient-0.17
Spearman Rank Test0.01
Residual Average0.0
Price Variance4.61

Aviat Networks lagged returns against current returns

Autocorrelation, which is Aviat Networks 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 Aviat Networks' stock expected returns. We can calculate the autocorrelation of Aviat Networks returns to help us make a trade decision. For example, suppose you find that Aviat Networks 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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Aviat Networks 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 Aviat Networks stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aviat Networks stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aviat Networks stock over time.
   Current vs Lagged Prices   
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       Timeline  

Aviat Networks Lagged Returns

When evaluating Aviat Networks' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aviat Networks stock have on its future price. Aviat Networks 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, Aviat Networks autocorrelation shows the relationship between Aviat Networks stock current value and its past values and can show if there is a momentum factor associated with investing in Aviat Networks.
   Regressed Prices   
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       Timeline  

Aviat Networks Investors Sentiment

The influence of Aviat Networks' 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 Aviat. 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.
Investor biases related to Aviat Networks' public news can be used to forecast risks associated with investment in Aviat. The trend in average sentiment can be used to explain how an investor holding Aviat can time the market purely based on public headlines and social activities around Aviat Networks. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Aviat Networks' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Aviat Networks' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Aviat Networks' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Aviat Networks.
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 Aviat Networks 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, Aviat Networks' short interest history, or implied volatility extrapolated from Aviat Networks options trading.

Pair Trading with Aviat Networks

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 Aviat Networks 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 Aviat Networks will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Aviat Networks could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aviat Networks when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aviat Networks - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Aviat Networks to buy it.
The correlation of Aviat Networks is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aviat Networks moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aviat Networks moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Aviat Networks can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Aviat Networks Correlation, Aviat Networks Volatility and Aviat Networks Alpha and Beta module to complement your research on Aviat Networks. You can also try Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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