Avante Logixx Stock Market Value
| XX Stock | CAD 0.91 0.01 1.11% |
| Symbol | Avante |
Avante Logixx Price To Book Ratio
Avante Logixx 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Avante Logixx's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Avante Logixx.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Avante Logixx on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Avante Logixx or generate 0.0% return on investment in Avante Logixx over 90 days. Avante Logixx is related to or competes with Quorum Information, AirIQ, Caldwell Partners, Vitreous Glass, and Atlas Engineered. Avante Logixx Inc., through its subsidiaries, provides security services to residential, commercial, and enterprise clie... More
Avante Logixx Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Avante Logixx's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Avante Logixx upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 20.75 | |||
| Value At Risk | (7.04) | |||
| Potential Upside | 7.58 |
Avante Logixx Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Avante Logixx's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Avante Logixx's standard deviation. In reality, there are many statistical measures that can use Avante Logixx historical prices to predict the future Avante Logixx's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | 0.3144 | |||
| Treynor Ratio | (0.20) |
Avante Logixx Backtested Returns
Avante Logixx secures Sharpe Ratio (or Efficiency) of -0.033, which signifies that the company had a -0.033 % return per unit of standard deviation over the last 3 months. Avante Logixx exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Avante Logixx's mean deviation of 2.92, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.06, which signifies a somewhat significant risk relative to the market. Avante Logixx returns are very sensitive to returns on the market. As the market goes up or down, Avante Logixx is expected to follow. At this point, Avante Logixx has a negative expected return of -0.14%. Please make sure to confirm Avante Logixx's treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if Avante Logixx performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.83 |
Excellent reverse predictability
Avante Logixx has excellent reverse predictability. Overlapping area represents the amount of predictability between Avante Logixx time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Avante Logixx price movement. The serial correlation of -0.83 indicates that around 83.0% of current Avante Logixx price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.83 | |
| Spearman Rank Test | -0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Avante Logixx lagged returns against current returns
Autocorrelation, which is Avante Logixx stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Avante Logixx's stock expected returns. We can calculate the autocorrelation of Avante Logixx returns to help us make a trade decision. For example, suppose you find that Avante Logixx has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Avante Logixx regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Avante Logixx stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Avante Logixx stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Avante Logixx stock over time.
Current vs Lagged Prices |
| Timeline |
Avante Logixx Lagged Returns
When evaluating Avante Logixx's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Avante Logixx stock have on its future price. Avante Logixx autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Avante Logixx autocorrelation shows the relationship between Avante Logixx stock current value and its past values and can show if there is a momentum factor associated with investing in Avante Logixx.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Avante Stock Analysis
When running Avante Logixx's price analysis, check to measure Avante Logixx'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 Avante Logixx is operating at the current time. Most of Avante Logixx's value examination focuses on studying past and present price action to predict the probability of Avante Logixx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avante Logixx's price. Additionally, you may evaluate how the addition of Avante Logixx to your portfolios can decrease your overall portfolio volatility.