Avance Gas Financials
| AVACF Stock | USD 10.42 0.42 4.20% |
Avance |
Understanding current and past Avance Gas Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Avance Gas' financial statements are interrelated, with each one affecting the others. For example, an increase in Avance Gas' assets may result in an increase in income on the income statement.
Avance Gas Stock Summary
Avance Gas competes with International Seaways, Scorpio Tankers, Dorian LPG, Teekay Tankers, and GasLog Partners. Avance Gas Holding Ltd, together with its subsidiaries, engages in the transportation of liquefied petroleum gas . The company was founded in 2007 and is based in Hamilton, Bermuda. Avance Gas is traded on OTC Exchange in the United States.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| ISIN | BMG067231032 |
| Business Address | Par-la-Ville Place, Hamilton, |
| Sector | Energy |
| Industry | Oil & Gas Midstream |
| Benchmark | Dow Jones Industrial |
| Website | www.avancegas.com |
| Phone | 472 200 4800 |
| Currency | USD - US Dollar |
Avance Gas Key Financial Ratios
There are many critical financial ratios that Avance Gas' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Avance Gas Holding reports annually and quarterly.Avance Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Avance Gas's current stock value. Our valuation model uses many indicators to compare Avance Gas value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Avance Gas competition to find correlations between indicators driving Avance Gas's intrinsic value. More Info.Avance Gas Holding is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about 0.39 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Avance Gas Holding is roughly 2.56 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Avance Gas' earnings, one of the primary drivers of an investment's value.Avance Gas Holding Systematic Risk
Avance Gas' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Avance Gas volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Avance Gas Holding correlated with the market. If Beta is less than 0 Avance Gas generally moves in the opposite direction as compared to the market. If Avance Gas Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Avance Gas Holding is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Avance Gas is generally in the same direction as the market. If Beta > 1 Avance Gas moves generally in the same direction as, but more than the movement of the benchmark.
Avance Gas December 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Avance Gas help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Avance Gas Holding. We use our internally-developed statistical techniques to arrive at the intrinsic value of Avance Gas Holding based on widely used predictive technical indicators. In general, we focus on analyzing Avance Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Avance Gas's daily price indicators and compare them against related drivers.
| Downside Deviation | 3.24 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 19.01 | |||
| Value At Risk | (4.17) | |||
| Potential Upside | 4.7 |
Complementary Tools for Avance Pink Sheet analysis
When running Avance Gas' price analysis, check to measure Avance Gas' 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 Avance Gas is operating at the current time. Most of Avance Gas' value examination focuses on studying past and present price action to predict the probability of Avance Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avance Gas' price. Additionally, you may evaluate how the addition of Avance Gas to your portfolios can decrease your overall portfolio volatility.
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