Avis Budget Group Stock Price on January 31, 2024

CAR Stock  USD 81.39  0.03  0.04%   
Below is the normalized historical share price chart for Avis Budget Group 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 Avis Budget stands at 81.39, as last reported on the 25th of December, with the highest price reaching 83.49 and the lowest price hitting 79.77 during the day.
IPO Date
12th of January 1990
200 Day MA
99.3674
50 Day MA
93.1054
Beta
2.137
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Avis Stock, it is important to understand the factors that can impact its price. Avis Budget Group secures Sharpe Ratio (or Efficiency) of -0.0075, which signifies that the company had a -0.0075% return per unit of risk over the last 3 months. Avis Budget Group exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Avis Budget's Standard Deviation of 3.41, mean deviation of 2.57, and Risk Adjusted Performance of (0.001) to double-check the risk estimate we provide.
  
At this time, Avis Budget's Common Stock Shares Outstanding is relatively stable compared to the past year. As of 12/25/2024, Liabilities And Stockholders Equity is likely to grow to about 34.2 B, though Other Stockholder Equity is likely to grow to (3.9 B). . At this time, Avis Budget's Price To Operating Cash Flows Ratio is relatively stable compared to the past year. As of 12/25/2024, Price Cash Flow Ratio is likely to grow to 2.76, while Price To Sales Ratio is likely to drop 0.34. Avis Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0075

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Estimated Market Risk

 3.38
  actual daily
30
70% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Avis Budget 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 Avis Budget by adding Avis Budget to a well-diversified portfolio.
Price Book
7.139
Enterprise Value Ebitda
6.4688
Price Sales
0.2415
Shares Float
16.9 M
Wall Street Target Price
123.5

Avis Budget Valuation on January 31, 2024

It is possible to determine the worth of Avis Budget on a given historical date. On January 31, 2024 Avis was worth 170.2 at the beginning of the trading date compared to the closed value of 163.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Avis Budget stock. Still, in general, we apply an absolute valuation method to find Avis Budget'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 Avis Budget where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Avis Budget's related companies.
 Open High Low Close Volume
  173.69    175.55    170.81    171.00    685,034  
01/31/2024
  170.20    172.25    163.52    163.71    390,432  
  165.01    168.49    161.76    162.75    363,196  
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Open Value
170.2
160.07
Downside
163.71
Closing Value
180.33
Upside

Avis Budget Trading Date Momentum on January 31, 2024

On February 01 2024 Avis Budget Group was traded for  162.75  at the closing time. Highest Avis Budget's price during the trading hours was 168.49  and the lowest price during the day was  161.76 . The net volume was 363.2 K. The overall trading history on the 1st of February contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.59% . The overall trading delta to current price is 3.13% .

Avis Budget Group Fundamentals Correlations and Trends

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

About Avis Budget Stock history

Avis Budget 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 Avis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Avis Budget Group 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 Avis Budget stock prices may prove useful in developing a viable investing in Avis Budget
Last ReportedProjected for Next Year
Common Stock Shares Outstanding38.8 M77.3 M
Net Income Applicable To Common Shares2.5 B2.6 B

Avis Budget Stock Technical Analysis

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

Avis Budget Period Price Range

Low
December 25, 2024
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High

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Avis Budget Group 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.

Avis Budget December 25, 2024 Market Strength

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

Avis Budget Technical and Predictive Indicators

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

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