Avinger Price Prediction

AVGRDelisted Stock  USD 0.47  0.09  16.07%   
As of today, the relative strength index (RSI) of Avinger's share price is approaching 44. This suggests that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Avinger, making its price go up or down.

Momentum 44

 Sell Extended

 
Oversold
 
Overbought
The successful prediction of Avinger's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Avinger and does not consider all of the tangible or intangible factors available from Avinger's fundamental data. We analyze noise-free headlines and recent hype associated with Avinger, which may create opportunities for some arbitrage if properly timed.
Using Avinger hype-based prediction, you can estimate the value of Avinger from the perspective of Avinger response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Avinger to buy its stock at a price that has no basis in reality. In that case, they are not buying Avinger because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Avinger after-hype prediction price

    
  USD 0.52  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as delisted stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
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.
Intrinsic
Valuation
LowRealHigh
0.020.4526.23
Details
Naive
Forecast
LowNextHigh
0.010.5626.34
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.380.490.60
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Avinger. Your research has to be compared to or analyzed against Avinger's peers to derive any actionable benefits. When done correctly, Avinger's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Avinger.

Avinger After-Hype Price Prediction Density Analysis

As far as predicting the price of Avinger at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Avinger or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Avinger, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Avinger Estimiated After-Hype Price Volatility

In the context of predicting Avinger's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Avinger's historical news coverage. Avinger's after-hype downside and upside margins for the prediction period are 0.03 and 26.30, respectively. We have considered Avinger's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
0.47
0.52
After-hype Price
26.30
Upside
Avinger is out of control at this time. Analysis and calculation of next after-hype price of Avinger is based on 3 months time horizon.

Avinger Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Avinger is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Avinger backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Delisted Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Avinger, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  2.34 
25.78
  0.05 
  0.61 
7 Events / Month
12 Events / Month
In about 7 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.47
0.52
10.64 
128,900  
Notes

Avinger Hype Timeline

Avinger is presently traded for 0.47. The entity has historical hype elasticity of 0.05, and average elasticity to hype of competition of 0.61. Avinger is forecasted to increase in value after the next headline, with the price projected to jump to 0.52 or above. The average volatility of media hype impact on the company the price is over 100%. The price gain on the next news is projected to be 10.64%, whereas the daily expected return is presently at 2.34%. The volatility of related hype on Avinger is about 9875.4%, with the expected price after the next announcement by competition of 1.08. Avinger currently holds 15.39 M in liabilities with Debt to Equity (D/E) ratio of 3.26, implying the company greatly relies on financing operations through barrowing. Avinger has a current ratio of 3.41, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Avinger's use of debt, we should always consider it together with its cash and equity.Given the investment horizon of 90 days the next forecasted press release will be in about 7 days.
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.

Avinger Related Hype Analysis

Having access to credible news sources related to Avinger's direct competition is more important than ever and may enhance your ability to predict Avinger's future price movements. Getting to know how Avinger's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Avinger may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
GCTKGlucoTrack 0.04 9 per month 0.00 (0.21) 19.55 (24.47) 77.82 
NXGLNexgel Inc(0.05)8 per month 0.00 (0.02) 9.22 (7.95) 27.48 
STSSSharps Technology(0.08)5 per month 0.00 (0.08) 19.35 (18.18) 76.46 
LUCYInnovative Eyewear 0.01 3 per month 0.00 (0.11) 7.18 (9.27) 28.66 
ANGOAngioDynamics(0.01)10 per month 2.86  0.10  4.93 (4.95) 46.09 
ATRCAtriCure 1.13 8 per month 3.02  0.03  4.56 (4.77) 16.13 
AKYAAkoya Biosciences(0.19)7 per month 0.00 (0.06) 6.61 (7.04) 25.17 
ATRAptarGroup 0.40 7 per month 0.00 (0.08) 1.46 (1.87) 10.88 
ICUIICU Medical 3.77 8 per month 0.00  0.0005  3.44 (3.61) 12.19 
MLSSMilestone Scientific(0.15)5 per month 4.70  0.06  7.63 (8.11) 37.01 
PDEXPro Dex 0.01 11 per month 4.81  0.02  8.67 (7.03) 34.56 
TPGVFTop Glove 0.00 0 per month 0.00 (0.10) 0.00  0.00  30.92 
POCIPrecision Optics, 0.16 8 per month 0.00 (0.02) 5.29 (4.04) 13.51 
NEPHNephros 0.06 4 per month 2.95  0.05  5.48 (5.62) 17.79 
GMVDG Medical Innovations 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
ZJYLJIN MEDICAL INTERNATIONAL(0.01)5 per month 6.67  0.08  14.29 (11.36) 38.64 
NSTGNanoString Technologies 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
ATRIATRION 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
KRMDRepro Med Systems(0.13)10 per month 0.00 (0.06) 7.63 (5.70) 31.38 

Avinger Additional Predictive Modules

Most predictive techniques to examine Avinger price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Avinger using various technical indicators. When you analyze Avinger charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Avinger Predictive Indicators

The successful prediction of Avinger stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Avinger, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Avinger based on analysis of Avinger hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Avinger's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Avinger's related companies.

Story Coverage note for Avinger

The number of cover stories for Avinger depends on current market conditions and Avinger's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Avinger is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Avinger's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Avinger Short Properties

Avinger's future price predictability will typically decrease when Avinger's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Avinger often depends not only on the future outlook of the potential Avinger's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Avinger's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding786 K
Cash And Short Term Investments5.3 M
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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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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