Advanced Drainage Systems Inc Stock Price Down 3.18 percent on Nov 12
| WMS Stock | USD 128.41 0.02 0.02% |
Slightly above 62% of Advanced Drainage's investor base is looking to short. The analysis of overall sentiment of trading Advanced Drainage Systems stock suggests that many investors are alarmed at this time. Advanced Drainage's investing sentiment can be driven by a variety of factors including economic data, Advanced Drainage's earnings reports, geopolitical events, and overall market trends.
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Shares of Advanced Drainage Systems Inc fell 3.18 percent in mid-day trading on Nov 12. The stock reached an intraday low of 131.16, before recovering slightl
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Advanced Drainage Fundamental Analysis
We analyze Advanced Drainage's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Advanced Drainage using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Advanced Drainage based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Annual Yield
Annual Yield Comparative Analysis
Advanced Drainage is currently under evaluation in annual yield category among its peers. Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
Advanced Drainage Systems Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Advanced Drainage stock to make a market-neutral strategy. Peer analysis of Advanced Drainage could also be used in its relative valuation, which is a method of valuing Advanced Drainage by comparing valuation metrics with similar companies.
Peers
Advanced Drainage Related Equities
| LII | Lennox International | 4.04 | ||||
| AZEK | Azek | 3.30 | ||||
| JELD | Jeld Wen | 2.74 | ||||
| MAS | Masco | 1.71 | ||||
| NX | Quanex Building | 1.18 | ||||
| ROCK | Gibraltar Industries | 1.16 | ||||
| JBI | Janus International | 1.13 | ||||
| TT | Trane Technologies | 1.03 | ||||
| APOG | Apogee Enterprises | 1.00 | ||||
| TILE | Interface | 1.02 |
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.