Advent Technologies Holdings Stock Market Value
| ADNWW Stock | USD 0.01 0 10.85% |
| Symbol | Advent |
Advent Technologies Price To Book Ratio
Is Semiconductors & Semiconductor Equipment 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.
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 Advent Technologies, HUMANA, Barloworld, Morningstar Unconstrained, High-yield Municipal, Thrivent High, and Via Renewables. Advent Technologies is entity of United States 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 | 10.32 | |||
| Information Ratio | 0.0763 | |||
| Maximum Drawdown | 55.12 | |||
| Value At Risk | (11.76) | |||
| Potential Upside | 16.35 |
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 | 0.0765 | |||
| Jensen Alpha | 0.8023 | |||
| Total Risk Alpha | (0.39) | |||
| Sortino Ratio | 0.0676 | |||
| Treynor Ratio | (13.98) |
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 appears to be out of control, given 3 months investment horizon. Advent Technologies secures Sharpe Ratio (or Efficiency) of 0.0736, which signifies that the company had a 0.0736% return per unit of risk over the last 3 months. By analyzing Advent Technologies' technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please makes use of Advent Technologies' Downside Deviation of 10.32, mean deviation of 6.22, and Risk Adjusted Performance of 0.0765 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Advent Technologies holds a performance score of 5. The firm shows a Beta (market volatility) of -0.057, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Advent Technologies are expected to decrease at a much lower rate. During the bear market, Advent Technologies is likely to outperform the market. Please check Advent Technologies' potential upside, as well as the relationship between the accumulation distribution and period momentum indicator , to make a quick decision on whether Advent Technologies' price patterns will revert.
Auto-correlation | 0.85 |
Very good predictability
Advent Technologies Holdings has very 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 0.85 indicates that around 85.0% of current Advent Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
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 |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Advent Stock Analysis
When running Advent Technologies' price analysis, check to measure Advent Technologies' 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 Advent Technologies is operating at the current time. Most of Advent Technologies' value examination focuses on studying past and present price action to predict the probability of Advent Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advent Technologies' price. Additionally, you may evaluate how the addition of Advent Technologies to your portfolios can decrease your overall portfolio volatility.