Advanced Drainage Systems Stock Price on April 18, 2024

WMS Stock  USD 134.37  2.52  1.91%   
Below is the normalized historical share price chart for Advanced Drainage Systems extending back to July 25, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Advanced Drainage stands at 134.37, as last reported on the 25th of November, with the highest price reaching 137.75 and the lowest price hitting 133.12 during the day.
IPO Date
25th of July 2014
200 Day MA
159.3814
50 Day MA
148.961
Beta
1.533
 
Yuan Drop
 
Covid
If you're considering investing in Advanced Stock, it is important to understand the factors that can impact its price. Advanced Drainage Systems secures Sharpe Ratio (or Efficiency) of -0.0881, which signifies that the company had a -0.0881% return per unit of risk over the last 3 months. Advanced Drainage Systems exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Advanced Drainage's Standard Deviation of 2.58, mean deviation of 1.62, and Risk Adjusted Performance of (0.06) to double-check the risk estimate we provide.
  
Advanced Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0881

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Estimated Market Risk

 2.56
  actual daily
22
78% of assets are more volatile

Expected Return

 -0.23
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average Advanced Drainage is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Advanced Drainage by adding Advanced Drainage to a well-diversified portfolio.
Price Book
6.9324
Enterprise Value Ebitda
12.2746
Price Sales
3.5081
Shares Float
70.4 M
Dividend Share
0.6

Related Headline

Interface Headline on 18th of April 2024

Filed transaction by Interface Director, Officer: President & Ceo. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

Advanced Drainage Valuation on April 18, 2024

It is possible to determine the worth of Advanced Drainage on a given historical date. On April 18, 2024 Advanced was worth 158.2 at the beginning of the trading date compared to the closed value of 156.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Advanced Drainage stock. Still, in general, we apply an absolute valuation method to find Advanced Drainage's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Advanced Drainage where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Advanced Drainage's related companies.
 Open High Low Close Volume
  161.62    162.32    154.90    156.60    518,489  
04/18/2024
  158.20    160.63    156.24    156.50    384,512  
  155.98    157.54    153.13    155.27    699,983  
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Open Value
158.2
150.52
Downside
156.5
Closing Value
165.88
Upside

Advanced Drainage Trading Date Momentum on April 18, 2024

On April 19 2024 Advanced Drainage Systems was traded for  155.27  at the closing time. Highest Advanced Drainage's price during the trading hours was 157.54  and the lowest price during the day was  153.13 . The net volume was 700 K. The overall trading history on the 19th of April contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.79% . The overall trading delta to current price is 4.10% .

Advanced Drainage Systems Fundamentals Correlations and Trends

By evaluating Advanced Drainage's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Advanced Drainage's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Advanced financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Advanced Drainage Stock history

Advanced Drainage investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Advanced is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Advanced Drainage Systems will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Advanced Drainage stock prices may prove useful in developing a viable investing in Advanced Drainage
Advanced Drainage Systems, Inc. designs, manufactures, and markets thermoplastic corrugated pipes and related water management products, and drainage solutions for use in the underground construction and infrastructure marketplace in the United States, Canada, Mexico, and internationally. The company was incorporated in 1966 and is headquartered in Hilliard, Ohio. Advanced Drainage operates under Building Products Equipment classification in the United States and is traded on New York Stock Exchange. It employs 5635 people.

Advanced Drainage Quarterly Net Working Capital

931.37 Million

Advanced Drainage Stock Technical Analysis

Advanced Drainage technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Advanced Drainage technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Advanced Drainage trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Advanced Drainage Period Price Range

Low
November 25, 2024
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High

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Advanced Drainage Systems cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Advanced Drainage November 25, 2024 Market Strength

Market strength indicators help investors to evaluate how Advanced Drainage stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Advanced Drainage shares will generate the highest return on investment. By undertsting and applying Advanced Drainage stock market strength indicators, traders can identify Advanced Drainage Systems entry and exit signals to maximize returns

Advanced Drainage Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Advanced Drainage's price direction in advance. Along with the technical and fundamental analysis of Advanced Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Advanced to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Advanced Stock Analysis

When running Advanced Drainage's price analysis, check to measure Advanced Drainage'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 Advanced Drainage is operating at the current time. Most of Advanced Drainage's value examination focuses on studying past and present price action to predict the probability of Advanced Drainage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advanced Drainage's price. Additionally, you may evaluate how the addition of Advanced Drainage to your portfolios can decrease your overall portfolio volatility.