Advent Technologies Holdings Stock Market Value
| ADN Stock | USD 7.30 0.31 4.07% |
| Symbol | Advent |
Advent Technologies Price To Book Ratio
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Advent Technologies. If investors know Advent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Advent Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (25.90) | Revenue Per Share 2.998 | Quarterly Revenue Growth (0.28) | Return On Assets (0.74) | Return On Equity (3.13) |
The market value of Advent Technologies is measured differently than its book value, which is the value of Advent that is recorded on the company's balance sheet. Investors also form their own opinion of Advent Technologies' value that differs from its market value or its book value, called intrinsic value, which is Advent Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Advent Technologies' market value can be influenced by many factors that don't directly affect Advent Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Advent Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Advent Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advent Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Advent Technologies 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Advent Technologies' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Advent Technologies.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Advent Technologies on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Advent Technologies Holdings or generate 0.0% return on investment in Advent Technologies over 720 days. Advent Technologies is related to or competes with Fluence Energy, Altus Power, Energy Vault, Enlight Renewable, Renew Energy, Atlantica Sustainable, and Clearway Energy. Advent Technologies Holdings, Inc., an advanced materials and technology development company, operates in the fuel cell ... More
Advent Technologies Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Advent Technologies' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Advent Technologies Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.12 | |||
| Information Ratio | 0.1419 | |||
| Maximum Drawdown | 92.82 | |||
| Value At Risk | (16.54) | |||
| Potential Upside | 33.15 |
Advent Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Advent Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Advent Technologies' standard deviation. In reality, there are many statistical measures that can use Advent Technologies historical prices to predict the future Advent Technologies' volatility.| Risk Adjusted Performance | 0.1232 | |||
| Jensen Alpha | 2.38 | |||
| Total Risk Alpha | 0.2732 | |||
| Sortino Ratio | 0.2355 | |||
| Treynor Ratio | (1.63) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Advent Technologies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Advent Technologies Backtested Returns
Advent Technologies is dangerous given 3 months investment horizon. Advent Technologies secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. We were able to break down twenty-eight different technical indicators, which can help you to evaluate if expected returns of 2.21% are justified by taking the suggested risk. Use Advent Technologies Downside Deviation of 9.12, risk adjusted performance of 0.1232, and Mean Deviation of 9.14 to evaluate company specific risk that cannot be diversified away. Advent Technologies holds a performance score of 11 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -1.38, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Advent Technologies are expected to decrease by larger amounts. On the other hand, during market turmoil, Advent Technologies is expected to outperform it. Use Advent Technologies semi variance, and the relationship between the maximum drawdown and accumulation distribution , to analyze future returns on Advent Technologies.
Auto-correlation | 0.73 |
Good predictability
Advent Technologies Holdings has good predictability. Overlapping area represents the amount of predictability between Advent Technologies time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Advent Technologies price movement. The serial correlation of 0.73 indicates that around 73.0% of current Advent Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 4.55 |
Advent Technologies lagged returns against current returns
Autocorrelation, which is Advent Technologies stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Advent Technologies' stock expected returns. We can calculate the autocorrelation of Advent Technologies returns to help us make a trade decision. For example, suppose you find that Advent Technologies has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Advent Technologies regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Advent Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Advent Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Advent Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Advent Technologies Lagged Returns
When evaluating Advent Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Advent Technologies stock have on its future price. Advent Technologies autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Advent Technologies autocorrelation shows the relationship between Advent Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Advent Technologies Holdings.
Regressed Prices |
| Timeline |
When determining whether Advent Technologies is a strong investment it is important to analyze Advent Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Advent Technologies' future performance. For an informed investment choice regarding Advent Stock, refer to the following important reports:
Check out Advent Technologies Correlation, Advent Technologies Volatility and Advent Technologies Alpha and Beta module to complement your research on Advent Technologies. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Advent Technologies 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.