Avepoint Stock Market Value

AVPT
 Stock
  

USD 4.79  0.01  0.21%   

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


Is Avepoint Inc'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 Avepoint Inc. If investors know Avepoint 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 Avepoint Inc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
892.3 M
Quarterly Revenue Growth YOY
0.16
Return On Assets
(0.06) 
Return On Equity
(0.14) 
The market value of Avepoint Inc Cl is measured differently than its book value, which is the value of Avepoint that is recorded on the company's balance sheet. Investors also form their own opinion of Avepoint Inc's value that differs from its market value or its book value, called intrinsic value, which is Avepoint Inc'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 Avepoint Inc's market value can be influenced by many factors that don't directly affect Avepoint Inc'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 Avepoint Inc's value and its price as these two are different measures arrived at by different means. Investors typically determine Avepoint Inc value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avepoint Inc'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.

Avepoint Inc '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 Avepoint Inc's 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 Avepoint Inc.
0.00
01/05/2021
No Change 0.00  0.0 
In 1 year 10 months and 22 days
11/26/2022
0.00
If you would invest  0.00  in Avepoint Inc on January 5, 2021 and sell it all today you would earn a total of 0.00 from holding Avepoint Inc Cl or generate 0.0% return on investment in Avepoint Inc over 690 days. Avepoint Inc is related to or competes with Vmware, Synopsys, Verisign, Oracle, Adobe Systems, and Microsoft Corp. AvePoint, Inc. provides Microsoft 365 data management solutions worldwide More

Avepoint Inc 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 Avepoint Inc's 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 Avepoint Inc Cl upside and downside potential and time the market with a certain degree of confidence.

Avepoint Inc Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Avepoint Inc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Avepoint Inc's standard deviation. In reality, there are many statistical measures that can use Avepoint Inc historical prices to predict the future Avepoint Inc's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Avepoint Inc'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 Avepoint Inc in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
1.014.788.55
Details
Intrinsic
Valuation
LowReal ValueHigh
2.786.5510.32
Details
Naive
Forecast
LowNext ValueHigh
1.084.858.61
Details
6 Analysts
Consensus
LowTarget PriceHigh
10.0012.8015.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Avepoint Inc. Your research has to be compared to or analyzed against Avepoint Inc's peers to derive any actionable benefits. When done correctly, Avepoint Inc'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 Avepoint Inc Cl.

Avepoint Inc Cl Backtested Returns

We consider Avepoint Inc slightly risky. Avepoint Inc Cl secures Sharpe Ratio (or Efficiency) of 0.0266, which signifies that the company had 0.0266% of return per unit of standard deviation over the last 3 months. Our philosophy in 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 Avepoint Inc Cl, which you can use to evaluate the future volatility of the firm. Please confirm Avepoint Inc Cl mean deviation of 2.46, and Risk Adjusted Performance of 0.0156 to double-check if the risk estimate we provide is consistent with the expected return of 0.0992%.
Avepoint Inc has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.0474, which signifies a somewhat significant risk relative to the market. Let's try to break down what Avepoint's beta means in this case. Avepoint Inc returns are very sensitive to returns on the market. As the market goes up or down, Avepoint Inc is expected to follow. Although it is important to respect Avepoint Inc Cl historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy in 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 Avepoint Inc Cl technical indicators, you can presently evaluate if the expected return of 0.0992% will be sustainable into the future. Avepoint Inc Cl right now shows a risk of 3.74%. Please confirm Avepoint Inc Cl potential upside, and the relationship between the jensen alpha and accumulation distribution to decide if Avepoint Inc Cl will be following its price patterns.

Auto-correlation

    
  0.79  

Good predictability

Avepoint Inc Cl has good predictability. Overlapping area represents the amount of predictability between Avepoint Inc time series from 5th of January 2021 to 16th of December 2021 and 16th of December 2021 to 26th 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 Avepoint Inc Cl price movement. The serial correlation of 0.79 indicates that around 79.0% of current Avepoint Inc price fluctuation can be explain by its past prices.
Correlation Coefficient0.79
Spearman Rank Test0.76
Residual Average0.0
Price Variance0.53

Avepoint Inc Cl lagged returns against current returns

Autocorrelation, which is Avepoint Inc 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 Avepoint Inc's stock expected returns. We can calculate the autocorrelation of Avepoint Inc returns to help us make a trade decision. For example, suppose you find that Avepoint Inc 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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       Timeline  

Avepoint Inc 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 Avepoint Inc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Avepoint Inc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Avepoint Inc stock over time.
   Current vs Lagged Prices   
Share
       Timeline  

Avepoint Inc Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Avepoint Inc without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Avepoint Inc

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 Avepoint Inc 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 Avepoint Inc will appreciate offsetting losses from the drop in the long position's value.

Moving together with Avepoint Inc

+0.74ADBEAdobe Systems Fiscal Year End 15th of December 2022 PairCorr
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+0.76SHOPShopify Buyout TrendPairCorr
The ability to find closely correlated positions to Avepoint Inc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avepoint Inc 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 Avepoint Inc - 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 Avepoint Inc Cl to buy it.
The correlation of Avepoint Inc 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 Avepoint Inc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avepoint Inc Cl 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 Avepoint Inc 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 Avepoint Inc Correlation, Avepoint Inc Volatility and Avepoint Inc Alpha and Beta module to complement your research on Avepoint Inc. You can also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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