Avnet Stock Technical Analysis

AVT
 Stock
  

USD 36.29  0.72  1.95%   

As of the 25th of September, Avnet shows the risk adjusted performance of (0.12), and Mean Deviation of 1.53. Avnet Inc technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Avnet Inc, which can be compared to its rivals. Please confirm Avnet Inc downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if Avnet Inc is priced correctly, providing market reflects its regular price of 36.29 per share. Given that Avnet has jensen alpha of (0.18), we suggest you to validate Avnet Inc's prevailing market performance to make sure the company can sustain itself at a future point.
  

Avnet Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Avnet, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Avnet
Avnet's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Avnet Analyst Consensus

Target PriceAdvice# of Analysts
47.2Hold5Odds
Avnet Inc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Avnet analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Avnet stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Avnet Inc, talking to its executives and customers, or listening to Avnet conference calls.
Avnet Analyst Advice Details
Avnet 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 Avnet technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Avnet 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...

Avnet Inc Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was five with a total number of output elements of fifty-six. The Normalized Average True Range is used to analyze tradable apportunities for Avnet Inc across different markets.
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Avnet Inc Trend Analysis

Use this graph to draw trend lines for Avnet Inc. You can use it to identify possible trend reversals for Avnet as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Avnet price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Avnet Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Avnet Inc applied against its price change over selected period. The best fit line has a slop of   -0.1  , which may imply that the returns on investment in Avnet Inc will continue to fail. It has 122 observation points and a regression sum of squares at 405.59, which is the sum of squared deviations for the predicted Avnet price change compared to its average price change.

About Avnet Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Avnet Inc on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Avnet Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Avnet Inc price pattern first instead of the macroeconomic environment surrounding Avnet Inc. By analyzing Avnet's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Avnet's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Avnet specific price patterns or momentum indicators. Please read more on our technical analysis page.

Avnet September 25, 2022 Technical Indicators

Most technical analysis of Avnet help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Avnet from various momentum indicators to cycle indicators. When you analyze Avnet charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Avnet September 25, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Avnet stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Please continue to Trending Equities. You can also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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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.