Avnet Stock Performance

AVT
 Stock
  

USD 36.12  0.14  0.39%   

The firm shows a Beta (market volatility) of 0.929, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Avnet's beta means in this case. Avnet returns are very sensitive to returns on the market. As the market goes up or down, Avnet is expected to follow. Even though it is essential to pay attention to Avnet Inc historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards 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. Avnet Inc exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Avnet Inc has an expected return of -0.21%. Please be advised to confirm Avnet Inc downside variance, and the relationship between the sortino ratio and accumulation distribution to decide if Avnet Inc performance from the past will be repeated at some point in the near future.
  
Avnet Performance
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Over the last 90 days Avnet Inc has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of conflicting performance in the last few months, the Stock's basic indicators remain comparatively stable which may send shares a bit higher in November 2022. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more

Avnet Price Channel

Quick Ratio1.07
Fifty Two Week Low35.45
Target High Price60.00
Fifty Two Week High50.19
Payout Ratio18.15%
Trailing Annual Dividend Yield2.34%
Target Low Price43.00

Avnet Relative Risk vs. Return Landscape

If you would invest  4,181  in Avnet Inc on July 4, 2022 and sell it today you would lose (569.00)  from holding Avnet Inc or give up 13.61% of portfolio value over 90 days. Avnet Inc is generating negative expected returns assuming volatility of 1.9319% on return distribution over 90 days investment horizon. In other words, 16% of stocks are less volatile than Avnet, and above 99% of all equities are expected to generate higher returns over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Considering the 90-day investment horizon Avnet is expected to under-perform the market. In addition to that, the company is 1.7 times more volatile than its market benchmark. It trades about -0.11 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.1 per unit of volatility.

Avnet Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Avnet's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Avnet Inc, and traders can use it to determine the average amount a Avnet's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.1067

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Negative ReturnsAVT
Estimated Market Risk
 1.93
  actual daily
 
 16 %
of total potential
 
1616
Expected Return
 -0.21
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 0 %
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Risk-Adjusted Return
 -0.11
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Based on monthly moving average Avnet is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Avnet by adding it to a well-diversified portfolio.

About Avnet Performance

To evaluate Avnet Inc Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Avnet generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Avnet Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Avnet Inc market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Avnet's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Avnet, Inc., a technology solutions company, markets, sells, and distributes electronic components. Avnet, Inc. was founded in 1921 and is headquartered in Phoenix, Arizona. Avnet operates under Electronics Computer Distribution classification in the United States and is traded on NASDAQ Exchange. It employs 14500 people.

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. 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 Alerts

Equity Alerts and Improvement Suggestions

Avnet Inc generated a negative expected return over the last 90 days
Avnet Inc has about 199.46 M in cash with (126 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.04.
Over 99.0% of the company shares are held by institutions such as insurance companies
On 28th of September 2022 Avnet paid $ 0.29 per share dividend to its current shareholders
Latest headline from MacroaxisInsider: Acquisition by Brenda Freeman of 143 shares of Avnet subject to Rule 16b-3
Please continue to Trending Equities. You can also try Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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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.
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.