Avinger Price on December 1, 2024
AVGRDelisted Stock | USD 0.47 0.09 16.07% |
If you're considering investing in Avinger Stock, it is important to understand the factors that can impact its price. As of today, the current price of Avinger stands at 0.47, as last reported on the 28th of March, with the highest price reaching 0.61 and the lowest price hitting 0.46 during the day. Avinger secures Sharpe Ratio (or Efficiency) of -0.0581, which signifies that the company had a -0.0581 % return per unit of risk over the last 3 months. Avinger exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Avinger's Downside Deviation of 12.63, risk adjusted performance of 0.0399, and Mean Deviation of 10.38 to double-check the risk estimate we provide.
Avinger Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Avinger |
Sharpe Ratio = -0.0581
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Estimated Market Risk
13.69 actual daily | 96 96% of assets are less volatile |
Expected Return
-0.8 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Avinger is not performing at its full potential. However, 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 Avinger by adding Avinger to a well-diversified portfolio.
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Avinger Valuation on December 1, 2024
It is possible to determine the worth of Avinger on a given historical date. On December 1, 2024 Avinger was worth 0.81 at the beginning of the trading date compared to the closed value of 0.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Avinger stock. Still, in general, we apply an absolute valuation method to find Avinger's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Avinger where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Avinger's related companies.
Open | High | Low | Close | Volume | |
0.83 | 0.84 | 0.83 | 0.83 | 10,061 | |
11/29/2024 | 0.81 | 0.84 | 0.81 | 0.84 | 14,313 |
0.85 | 0.85 | 0.80 | 0.83 | 16,987 |
Backtest Avinger | | | Avinger History | | | Avinger Valuation | Previous | Next |
Avinger Trading Date Momentum on December 1, 2024
On December 02 2024 Avinger was traded for 0.83 at the closing time. The top price for the day was 0.85 and the lowest listed price was 0.80 . The trading volume for the day was 17 K. The trading history from December 2, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.19% . The overall trading delta against the current closing price is 2.38% . |
Avinger Fundamentals Correlations and Trends
By evaluating Avinger's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Avinger's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Avinger financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Avinger Stock history
Avinger investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Avinger is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Avinger will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Avinger stock prices may prove useful in developing a viable investing in Avinger
Avinger, Inc., a commercial-stage medical device company, designs, manufactures, and sells a suite of image-guided and catheter-based systems used by physicians to treat patients with peripheral arterial disease in the United States and internationally. Avinger, Inc. was incorporated in 2007 and is headquartered in Redwood City, California. Avinger operates under Medical Instruments Supplies classification in the United States and is traded on NASDAQ Exchange. It employs 68 people.
Avinger Stock Technical Analysis
Avinger 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Avinger Period Price Range
Low | March 28, 2025
| High |
0.00 | 0.00 |
Avinger cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Avinger March 28, 2025 Market Strength
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 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Avinger's price direction in advance. Along with the technical and fundamental analysis of Avinger Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Avinger to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0399 | |||
Jensen Alpha | 0.7357 | |||
Total Risk Alpha | 1.4 | |||
Sortino Ratio | 0.0616 | |||
Treynor Ratio | (1.15) |
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Momentum Indicators | ||
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Volume Indicators |
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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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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