Avidxchange Holdings Stock Performance
| AVDX Stock | USD 11.59 0.42 3.76% |
On a scale of 0 to 100, AvidXchange Holdings holds a performance score of 17. The firm shows a Beta (market volatility) of 2.12, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, AvidXchange Holdings will likely underperform. Please check AvidXchange Holdings' potential upside, and the relationship between the total risk alpha and kurtosis , to make a quick decision on whether AvidXchange Holdings' price patterns will revert.
Risk-Adjusted Performance
17 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in AvidXchange Holdings are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. In spite of fairly unsteady fundamental indicators, AvidXchange Holdings showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 2.46 | Five Day Return 7.57 | Year To Date Return (5.33) | Ten Year Return (54.11) | All Time Return (54.11) |
1 | Trade Alert Senior VP CFO Of AvidXchange Holdings Joel Wilhite Has Sold Stock | 08/30/2024 |
2 | AvidXchange Stock Price, News Analysis - MarketBeat | 09/19/2024 |
3 | Disposition of 7621 shares by Ryan Stahl of AvidXchange Holdings at 8.135 subject to Rule 16b-3 | 09/23/2024 |
4 | AvidXchanges Ryan Stahl sells 63,742 in common stock | 10/18/2024 |
5 | AvidXchange Stock Surges on Strong Quarterly Results | 11/06/2024 |
6 | AvidXchange Holdings Inc Q3 2024 Earnings Call Highlights Strong Revenue Growth and ... | 11/07/2024 |
7 | AvidXchanges general counsel Ryan Stahl sells 48,470 in stock | 11/08/2024 |
8 | AvidXchanges SWOT analysis e-payments firm navigates growth amid market challenges | 11/13/2024 |
9 | Disposition of 2676 shares by Todd Cunningham of AvidXchange Holdings subject to Rule 16b-3 | 11/15/2024 |
10 | AppFolio Rises 33 percent YTD Should You Buy, Sell or Hold the Stock | 11/18/2024 |
11 | AvidXchanges CIO Angelic Gibson sells shares worth 127k | 11/19/2024 |
| Begin Period Cash Flow | 1.6 B |
AvidXchange |
AvidXchange Holdings Relative Risk vs. Return Landscape
If you would invest 800.00 in AvidXchange Holdings on August 27, 2024 and sell it today you would earn a total of 317.00 from holding AvidXchange Holdings or generate 39.63% return on investment over 90 days. AvidXchange Holdings is currently generating 0.5513% in daily expected returns and assumes 2.4545% risk (volatility on return distribution) over the 90 days horizon. In different words, 21% of stocks are less volatile than AvidXchange, and 89% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
AvidXchange Holdings Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for AvidXchange Holdings' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as AvidXchange Holdings, and traders can use it to determine the average amount a AvidXchange Holdings' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2246
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Estimated Market Risk
| 2.45 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.55 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average AvidXchange Holdings is performing at about 17% of its full potential. 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 AvidXchange Holdings by adding it to a well-diversified portfolio.
AvidXchange Holdings Fundamentals Growth
AvidXchange Stock prices reflect investors' perceptions of the future prospects and financial health of AvidXchange Holdings, and AvidXchange Holdings fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on AvidXchange Stock performance.
| Return On Equity | -0.0015 | ||||
| Return On Asset | -0.0027 | ||||
| Profit Margin | (0) % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 1.98 B | ||||
| Shares Outstanding | 205.73 M | ||||
| Price To Earning | (1.03) X | ||||
| Price To Book | 3.40 X | ||||
| Price To Sales | 5.37 X | ||||
| Revenue | 380.72 M | ||||
| Gross Profit | 198.49 M | ||||
| EBITDA | 3.3 M | ||||
| Net Income | (47.33 M) | ||||
| Cash And Equivalents | 511.06 M | ||||
| Cash Per Share | 2.58 X | ||||
| Total Debt | 143.72 M | ||||
| Debt To Equity | 0.28 % | ||||
| Current Ratio | 1.44 X | ||||
| Book Value Per Share | 3.29 X | ||||
| Cash Flow From Operations | 8.45 M | ||||
| Market Capitalization | 2.3 B | ||||
| Total Asset | 2.48 B | ||||
| Retained Earnings | (1.02 B) | ||||
| Working Capital | 425.9 M | ||||
| Current Asset | 44 K | ||||
| Current Liabilities | 621 K | ||||
About AvidXchange Holdings Performance
Evaluating AvidXchange Holdings' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if AvidXchange Holdings has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if AvidXchange Holdings has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 3.6 K | 3.8 K | |
| Return On Tangible Assets | (0.02) | (0.02) | |
| Return On Capital Employed | (0.06) | (0.07) | |
| Return On Assets | (0.02) | (0.02) | |
| Return On Equity | (0.07) | (0.08) |
Things to note about AvidXchange Holdings performance evaluation
Checking the ongoing alerts about AvidXchange Holdings for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for AvidXchange Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company reported the previous year's revenue of 380.72 M. Net Loss for the year was (47.33 M) with profit before overhead, payroll, taxes, and interest of 198.49 M. | |
| AvidXchange Holdings has a poor financial position based on the latest SEC disclosures | |
| Over 80.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from investing.com: AvidXchanges CIO Angelic Gibson sells shares worth 127k |
- Analyzing AvidXchange Holdings' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether AvidXchange Holdings' stock is overvalued or undervalued compared to its peers.
- Examining AvidXchange Holdings' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating AvidXchange Holdings' management team can have a significant impact on its success or failure. Reviewing the track record and experience of AvidXchange Holdings' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of AvidXchange Holdings' stock. These opinions can provide insight into AvidXchange Holdings' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for AvidXchange Stock Analysis
When running AvidXchange Holdings' price analysis, check to measure AvidXchange Holdings' 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 AvidXchange Holdings is operating at the current time. Most of AvidXchange Holdings' value examination focuses on studying past and present price action to predict the probability of AvidXchange Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AvidXchange Holdings' price. Additionally, you may evaluate how the addition of AvidXchange Holdings to your portfolios can decrease your overall portfolio volatility.