Anavex Stock Market Value

AVXL
 Stock
  

USD 10.12  0.87  9.41%   

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


Is Anavex Lf'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 Anavex Lf. If investors know Anavex 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 Anavex Lf listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Anavex Lf SC is measured differently than its book value, which is the value of Anavex that is recorded on the company's balance sheet. Investors also form their own opinion of Anavex Lf's value that differs from its market value or its book value, called intrinsic value, which is Anavex Lf'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 Anavex Lf's market value can be influenced by many factors that don't directly affect Anavex Lf'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 Anavex Lf's value and its price as these two are different measures arrived at by different means. Investors typically determine Anavex Lf value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Anavex Lf'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.

Anavex Lf '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 Anavex Lf'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 Anavex Lf.
0.00
08/29/2022
No Change 0.00  0.0 
In 31 days
09/28/2022
0.00
If you would invest  0.00  in Anavex Lf on August 29, 2022 and sell it all today you would earn a total of 0.00 from holding Anavex Lf SC or generate 0.0% return on investment in Anavex Lf over 30 days. Anavex Lf is related to or competes with Clearwater Paper. Anavex Life Sciences Corp., a clinical stage biopharmaceutical company, engages in the development of drug candidates fo... More

Anavex Lf 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 Anavex Lf'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 Anavex Lf SC upside and downside potential and time the market with a certain degree of confidence.

Anavex Lf Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Anavex Lf's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Anavex Lf's standard deviation. In reality, there are many statistical measures that can use Anavex Lf historical prices to predict the future Anavex Lf's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Anavex Lf'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 Anavex Lf in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
4.879.2713.67
Details
Intrinsic
Valuation
LowReal ValueHigh
8.3315.5119.91
Details
5 Analysts
Consensus
LowTarget PriceHigh
30.7535.9540.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Anavex Lf. Your research has to be compared to or analyzed against Anavex Lf's peers to derive any actionable benefits. When done correctly, Anavex Lf'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 Anavex Lf SC.

Anavex Lf SC Backtested Returns

Anavex Lf SC secures Sharpe Ratio (or Efficiency) of -0.0063, which signifies that the company had -0.0063% of return per unit of standard deviation over the last 3 months. Macroaxis philosophy in foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Anavex Lf SC exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Anavex Lf SC risk adjusted performance of (0.005301), and Mean Deviation of 3.33 to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 1.6769, which signifies a somewhat significant risk relative to the market. Let's try to break down what Anavex'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, Anavex Lf will likely underperform. Even though it is essential to pay attention to Anavex Lf SC historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy in foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Anavex Lf SC exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Anavex Lf SC has an expected return of -0.0278%. Please be advised to confirm Anavex Lf SC coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power to decide if Anavex Lf SC performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.06  

Very weak reverse predictability

Anavex Lf SC has very weak reverse predictability. Overlapping area represents the amount of predictability between Anavex Lf time series from 29th of August 2022 to 13th of September 2022 and 13th of September 2022 to 28th of September 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 Anavex Lf SC price movement. The serial correlation of -0.06 indicates that barely 6.0% of current Anavex Lf price fluctuation can be explain by its past prices.
Correlation Coefficient-0.06
Spearman Rank Test-0.32
Residual Average0.0
Price Variance0.04

Anavex Lf SC lagged returns against current returns

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

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

Anavex Lf Lagged Returns

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

Anavex Lf Implied Volatility

    
  96.34  
Anavex Lf's implied volatility exposes the market's sentiment of Anavex Lf SC stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Anavex Lf's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Anavex Lf stock will not fluctuate a lot when Anavex Lf's options are near their expiration.
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 Anavex Lf 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, Anavex Lf's short interest history, or implied volatility extrapolated from Anavex Lf options trading.

Pair Trading with Anavex Lf

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 Anavex Lf 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 Anavex Lf will appreciate offsetting losses from the drop in the long position's value.

Moving together with Anavex Lf

+0.66PGProcter Gamble Earnings Call  In Three WeeksPairCorr
The ability to find closely correlated positions to Anavex Lf could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Anavex Lf 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 Anavex Lf - 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 Anavex Lf SC to buy it.
The correlation of Anavex Lf 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 Anavex Lf moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Anavex Lf SC 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 Anavex Lf 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 Anavex Lf Correlation, Anavex Lf Volatility and Anavex Lf Alpha and Beta module to complement your research on Anavex Lf. You can also try Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Complementary Tools for analysis

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