Avino Silver Stock Forward View
| ASM Stock | CAD 7.76 -0.90 -10.39% |
This page documents Naive Prediction forecast output for Avino Silver Gold as reference data. The model is applied to historical closing prices and the resulting projection and error statistics are shown below.
The Naive Prediction forecasted value of Avino Silver Gold on the next trading day is expected to be 7.51 with a mean absolute deviation of 0.64 and the sum of the absolute errors of 39.76.This model is not at all useful as a medium-long range forecasting tool of Avino Silver Gold. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Avino Silver. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights. The Naive Prediction reference information for Avino Silver is based on available price data and is intended for informational purposes. Naive Prediction Price Forecast For the 21st of March
Given 90 days horizon, the Naive Prediction forecasted value of Avino Silver Gold on the next trading day is expected to be 7.51 with a mean absolute deviation of 0.64 , mean absolute percentage error of 0.65 , and the sum of the absolute errors of 39.76 .Please note that although there have been many attempts to predict Avino Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Avino Silver's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Avino Silver | Avino Silver Price Prediction | Research Analysis |
Forecasted Value
For the next trading day, Macroaxis evaluates Avino Silver's predictive range by looking for statistically meaningful downside and upside boundaries. The current forecast range spans downside near 0.90 and upside near 14.12.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Avino Silver stock data series using in forecasting. Note that when a statistical model is used to represent Avino Silver stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 119.5245 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.6414 |
| MAPE | Mean absolute percentage error | 0.0567 |
| SAE | Sum of the absolute errors | 39.7643 |
Other Forecasting Options for Avino Silver
Any investor evaluating Avino must grapple with the challenge of interpreting Avino Silver's price movement accurately. Avino Stock price charts typically contain substantial noise that can complicate analysis and lead to poor decisions.Avino Silver Related Equities
The following equities are related to Avino Silver within the Materials space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing Avino Silver against peers on metrics such as P/E, margins, and return on equity helps contextualize its positioning and identify relative strengths or weaknesses.
| Risk & Return | Correlation |
Avino Silver Market Strength Events
Market strength indicators for Avino Silver assess how the stock responds to ongoing changes in market conditions and investor sentiment. By monitoring these indicators, investors can identify the most opportune moments to trade Avino Silver Gold.
Avino Silver Risk Indicators
Risk indicator analysis for Avino Silver is a critical component of accurate price forecasting and sound investment decision-making. By identifying how much risk is embedded in Avino Silver's investment, investors can decide how to position and protect their exposure.
| Mean Deviation | 4.72 | |||
| Semi Deviation | 6.17 | |||
| Standard Deviation | 6.37 | |||
| Variance | 40.52 | |||
| Downside Variance | 39.31 | |||
| Semi Variance | 38.03 | |||
| Expected Short fall | -5.15 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Avino Silver
The amount of media and story coverage tied to Avino Silver Gold can signal where market attention is concentrating at the moment. A disciplined read of coverage separates durable relevance from temporary noise.
Other Macroaxis Stories
Macroaxis publishes story content for a diverse readership that includes finance students, independent investors, money managers, and market-focused operating teams. What connects that audience is a focus on building stronger portfolios through better research, risk awareness, and comparative analysis.
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Avino Silver Short Properties
Short sentiment tied to Avino Silver Gold matters because heavier bearish pressure can change how quickly future price expectations become unstable. Used correctly, these measures can help investors decide when hedging or timing discipline may matter more than conviction alone.
| Common Stock Shares Outstanding | 157.8 M | |
| Cash And Short Term Investments | 101.5 M |
More Resources for Avino Stock Analysis
A clear view of Avino Silver Gold comes from reviewing its financial structure and trends. These indicators describe how financial results are generated. The information reflects Avino Silver's most recent reporting inputs. Key reports that frame Avino Silver Gold Stock are listed below:Use Historical Fundamental Analysis of Avino Silver to cross-verify projections for Avino Silver. The historical analysis frames Avino Silver's projections against observed trends. The relationship between past fundamentals and projections varies by stock and industry. Values are drawn from reported financial data across periods. Avino Silver at P/E 980.0 and ROE 14.83% (1.26 Billion market cap) - this analysis works best as a complementary layer when evaluating how the position fits in a broader portfolio. Within the Basic Materials space, these metrics give the peer comparison tools below a concrete starting point for relative analysis. You can also try the CEOs Directory module to screen CEOs from public companies around the world.