Avient Corp Stock Price on August 29, 2024

AVNT Stock  USD 40.45  0.92  2.22%   
Below is the normalized historical share price chart for Avient Corp extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Avient Corp stands at 40.45, as last reported on the 30th of December, with the highest price reaching 41.49 and the lowest price hitting 40.22 during the day.
IPO Date
13th of September 1999
200 Day MA
45.8474
50 Day MA
48.5834
Beta
1.498
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Avient Stock, it is important to understand the factors that can impact its price. Avient Corp secures Sharpe Ratio (or Efficiency) of -0.16, which signifies that the company had a -0.16% return per unit of risk over the last 3 months. Avient Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Avient Corp's Standard Deviation of 1.88, risk adjusted performance of (0.11), and Mean Deviation of 1.34 to double-check the risk estimate we provide.
  
At this time, Avient Corp's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 96.4 M in 2024, whereas Common Stock is likely to drop slightly above 1 M in 2024. . At this time, Avient Corp's Price To Sales Ratio is comparatively stable compared to the past year. Price Earnings Ratio is likely to gain to 52.53 in 2024, despite the fact that Price Earnings To Growth Ratio is likely to grow to (5.41). Avient Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1577

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Estimated Market Risk

 1.86
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.29
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.16
  actual daily
0
Most of other assets perform better
Based on monthly moving average Avient Corp 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 Avient Corp by adding Avient Corp to a well-diversified portfolio.
Price Book
1.564
Enterprise Value Ebitda
11.244
Price Sales
1.1503
Shares Float
89.8 M
Dividend Share
1.03

Avient Corp Valuation on August 29, 2024

It is possible to determine the worth of Avient Corp on a given historical date. On August 29, 2024 Avient was worth 48.26 at the beginning of the trading date compared to the closed value of 48.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Avient Corp stock. Still, in general, we apply an absolute valuation method to find Avient Corp'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 Avient Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Avient Corp's related companies.
 Open High Low Close Volume
  47.73    48.35    47.67    47.71    328,510  
08/29/2024
  48.26    48.92    47.67    48.27    225,305  
  48.49    48.80    47.85    48.58    507,262  
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Open Value
48.26
48.27
Closing Value
53.83
Upside

Avient Corp Trading Date Momentum on August 29, 2024

On August 30 2024 Avient Corp was traded for  48.58  at the closing time. The top price for the day was 48.80  and the lowest listed price was  47.85 . The trading volume for the day was 507.3 K. The trading history from August 30, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 0.64% . The overall trading delta against the current closing price is 7.62% .

Avient Corp Fundamentals Correlations and Trends

By evaluating Avient Corp'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 Avient Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Avient financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Avient Corp Stock history

Avient Corp 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 Avient is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Avient Corp 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 Avient Corp stock prices may prove useful in developing a viable investing in Avient Corp
Last ReportedProjected for Next Year
Common Stock Shares Outstanding91.8 M96.4 M
Net Income Applicable To Common Shares808.6 M849 M

Avient Corp Stock Technical Analysis

Avient Corp 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 Avient Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Avient Corp 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...

Price Boundaries

Avient Corp Period Price Range

Low
December 30, 2024
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High

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Avient Corp cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

Avient Corp December 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Avient Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Avient Corp shares will generate the highest return on investment. By undertsting and applying Avient Corp stock market strength indicators, traders can identify Avient Corp entry and exit signals to maximize returns

Avient Corp Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Avient Corp's price direction in advance. Along with the technical and fundamental analysis of Avient Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Avient 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.

Additional Tools for Avient Stock Analysis

When running Avient Corp's price analysis, check to measure Avient Corp'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 Avient Corp is operating at the current time. Most of Avient Corp's value examination focuses on studying past and present price action to predict the probability of Avient Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avient Corp's price. Additionally, you may evaluate how the addition of Avient Corp to your portfolios can decrease your overall portfolio volatility.