RE:AVO must move beyond TSXAVO is again trading in strong correlation with TXHB (S&P/TSX Composite High Beta Index) and by extension, the price of crude oil. Look at this, it's not perfect correlation but fascinating nonetheless.
TXHB vs SEBCOIL (Brent Crude Oil) : https://goo.gl/MfRXEt
TXHB vs AVO (Canadian Tech Oil) : https://goo.gl/G4qxup
AVO goes up and down with the tides of Canadian index funds and petrodollars, 100 shares at a time.