Avinger Buy Hold or Sell Recommendation

AVGRDelisted Stock  USD 0.47  0.09  16.07%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Avinger is 'Not Rated'. A buy or sell recommendation provided by Macroaxis is an automated analysis based on historical performance and your stated risk tolerance. It serves as guidance on whether to purchase or sell Avinger within the specified time frame.
  
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.
Note, we conduct extensive research on individual companies such as Avinger and provide practical buy, sell, or hold advice based on investors' constraints. Avinger. 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.

Execute Avinger Buy or Sell Advice

The Avinger recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Avinger. Macroaxis does not own or have any residual interests in Avinger or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Avinger's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell AvingerBuy Avinger
Not Rated
For the selected time horizon Avinger has a Risk Adjusted Performance of 0.0364, Jensen Alpha of 0.7626, Total Risk Alpha of 0.9371, Sortino Ratio of 0.0601 and Treynor Ratio of 0.4903
We provide trade advice to complement the prevailing expert consensus on Avinger. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure Avinger is not overpriced, please confirm all Avinger fundamentals, including its total debt, market capitalization, and the relationship between the gross profit and short ratio . As Avinger appears to be a penny stock we also recommend to validate its number of shares shorted numbers.

Avinger Trading Alerts and Improvement Suggestions

Avinger is not yet fully synchronised with the market data
Avinger is way too risky over 90 days horizon
Avinger has some characteristics of a very speculative penny stock
Avinger appears to be risky and price may revert if volatility continues
Avinger has a very high chance of going through financial distress in the upcoming years
The company reported the previous year's revenue of 7.65 M. Net Loss for the year was (18.32 M) with profit before overhead, payroll, taxes, and interest of 1.52 M.
Avinger currently holds about 17.34 M in cash with (14.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.33, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Latest headline from news.google.com: 12 Health Care Stocks Moving In Thursdays Pre-Market Session - Benzinga

Avinger Returns Distribution Density

The distribution of Avinger's historical returns is an attempt to chart the uncertainty of Avinger's future price movements. The chart of the probability distribution of Avinger daily returns describes the distribution of returns around its average expected value. We use Avinger price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Avinger returns is essential to provide solid investment advice for Avinger.
Mean Return
0.76
Value At Risk
-24.22
Potential Upside
33.33
Standard Deviation
20.99
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Avinger historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Note: Disposition of 2215 shares by Himanshu Patel of Avinger at 0.5567 subject to Rule 16b-3 [view details]

Avinger Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Avinger . With many 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.

About Avinger Buy or Sell Advice

When is the right time to buy or sell Avinger? Buying financial instruments such as Avinger Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Avinger in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Asset Allocation ETFs
Asset Allocation ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Asset Allocation ETFs theme has 152 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Asset Allocation ETFs Theme or any other thematic opportunities.
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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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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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