Avinger Stock Forecast - Day Median Price
| AVGRDelisted Stock | USD 0.47 0.09 16.07% |
Avinger Stock Forecast is based on your current time horizon.
Avinger |
| Previous Day Median Price | Day Median Price | Trend |
| 0.54 | 0.54 |
| Check Avinger Volatility | Backtest Avinger | Information Ratio |
Avinger Trading Date Momentum
| On March 20 2025 Avinger was traded for 0.47 at the closing time. The top price for the day was 0.61 and the lowest listed price was 0.46 . There was no trading activity during the period 0.0. Lack of trading volume on March 20, 2025 did not affect price variability. The overall trading delta against the current closing price is 19.15% . |
The median price is the midpoint of the trading periods range.
Compare Avinger to competition
View Avinger Related Equities
| Risk & Return | Correlation |
Avinger Market Strength Events
Market strength indicators help investors to evaluate how Avinger stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Avinger shares will generate the highest return on investment. By undertsting and applying Avinger stock market strength indicators, traders can identify Avinger entry and exit signals to maximize returns.
Avinger Risk Indicators
The analysis of Avinger's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Avinger's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting avinger stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 10.38 | |||
| Semi Deviation | 11.53 | |||
| Standard Deviation | 20.99 | |||
| Variance | 440.56 | |||
| Downside Variance | 159.59 | |||
| Semi Variance | 132.83 | |||
| Expected Short fall | (16.33) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Avinger
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 Avinger 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 Avinger will appreciate offsetting losses from the drop in the long position's value.Moving against Avinger Stock
| 0.57 | FEMY | Femasys | PairCorr |
| 0.53 | BAX | Baxter International | PairCorr |
| 0.45 | AVR | Anteris Technologies | PairCorr |
| 0.31 | NYXH | Nyxoah | PairCorr |
The ability to find closely correlated positions to Avinger could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avinger 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 Avinger - 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 Avinger to buy it.
The correlation of Avinger is a statistical measure of how it moves in relation to other instruments. 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 Avinger moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avinger 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 Avinger 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.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Other Consideration for investing in Avinger Stock
If you are still planning to invest in Avinger check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Avinger's history and understand the potential risks before investing.
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