Thomas Woiwode - Adverum Biotechnologies Director

ADVM Stock  USD 10.19  0.81  7.36%   

Director

Mr. Thomas Woiwode, Ph.D., is Independent Director of the Company.Dr. Woiwode was with Versant Ventures, a VC firm, since 2002 in various capacities, serving as a Venture Partner since 2011 and a Managing Director since 2014. He has served in a number of operating roles over this time, most recently as the chief operating officer of Okairos AG, a biopharmaceutical company, from April 2011 until May 2013, when Okairos was sold to GlaxoSmithKline plc. Prior to Okairos, Dr. Woiwode cofounded EuroVentures, a wholly owned biotech incubator within Versant Ventures, and in this role, served as the founding chief business officer for three biotech companies created within Versant. Dr. Woiwode was a research scientist at XenoPort, Inc., a biotechnology company, before joining Versant. Dr. Woiwode serves on the board of directors of CRISPR Therapeutics AG and previously served on the board of directors of Audentes Therapeutics, Inc. He received a B.A. in English and a B.S. in Chemistry from the University of California, Berkeley and a Ph.D. in organic chemistry from Stanford University since 2016.
Age 45
Tenure 8 years
Address 100 Cardinal Way, Redwood City, CA, United States, 94063
Phone650 656 9323
Webhttps://adverum.com
Woiwode was chosen to serve on our Board due to his educational background, his experience as a board member and senior executive of biotechnology and pharmaceutical companies, and his experience as an investor in new life sciences companies

Adverum Biotechnologies Management Efficiency

The company has return on total asset (ROA) of (0.3214) % which means that it has lost $0.3214 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.8843) %, meaning that it created substantial loss on money invested by shareholders. Adverum Biotechnologies' management efficiency ratios could be used to measure how well Adverum Biotechnologies manages its routine affairs as well as how well it operates its assets and liabilities. As of the 25th of April 2024, Return On Tangible Assets is likely to drop to -0.71. In addition to that, Return On Capital Employed is likely to grow to -0.79. At this time, Adverum Biotechnologies' Total Assets are very stable compared to the past year. As of the 25th of April 2024, Non Currrent Assets Other is likely to grow to about 1.3 M, while Other Current Assets are likely to drop about 4 M.
The company currently holds 75.04 M in liabilities with Debt to Equity (D/E) ratio of 0.43, which is about average as compared to similar companies. Adverum Biotechnologies has a current ratio of 7.87, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Adverum Biotechnologies until it has trouble settling it off, either with new capital or with free cash flow. So, Adverum Biotechnologies' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Adverum Biotechnologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Adverum to invest in growth at high rates of return. When we think about Adverum Biotechnologies' use of debt, we should always consider it together with cash and equity.

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Adverum Biotechnologies, Inc., a clinical-stage gene therapy company, develops gene therapy product candidates to treat ocular and rare diseases. Adverum Biotechnologies, Inc. was incorporated in 2006 and is headquartered in Redwood City, California. Adverum Biotechnlgs operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 188 people. Adverum Biotechnologies (ADVM) is traded on NASDAQ Exchange in USA. It is located in 100 Cardinal Way, Redwood City, CA, United States, 94063 and employs 121 people. Adverum Biotechnologies is listed under Biotechnology category by Fama And French industry classification.

Management Performance

Adverum Biotechnologies Leadership Team

Elected by the shareholders, the Adverum Biotechnologies' board of directors comprises two types of representatives: Adverum Biotechnologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Adverum. The board's role is to monitor Adverum Biotechnologies' management team and ensure that shareholders' interests are well served. Adverum Biotechnologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Adverum Biotechnologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
Linda Neuman, Interim Chief Medical Officer
James Scopa, Director
Romuald Corbau, Chief Officer
Lawrence Kam, Director
Patrick Machado, Independent Director
Michael Steel, Senior Quality
Thomas Woiwode, Director
Brigit Riley, Chief Officer
Anand Reddi, VP Engagement
Mehdi Gasmi, CTO
Steven Schwartz, Co-Founder, Director
Leone Patterson, CFO, Principal Financial Officer
Paul Wachter, Director
Mark Blumenkranz, Chairman of the Board, Co-Founder
Michael Swartzburg, Principal Accounting Officer
Rekha Hemrajani, Director
Jennifer Cheng, Vice President General Counsel
Athena Countouriotis, Senior Vice President Chief Medical Officer
Aaron Osborne, Chief Medical Officer
Mitchell Finer, Director
Thomas Leung, CFO
Eric Carter, Director
Amber Salzman, President COO, Director
Laurent Fischer, CEO President
Jim Wang, Chief Officer
Andrew Ramelmeier, Chief Officer
Kalliopi MD, Senior Development
Jill Steier, Senior Vice President
Richard Spivey, Independent Director
Setareh PharmD, Chief Officer
John JD, Senior Counsel
Linda MA, Principal CFO
Mike Fitzgerald, Vice President of Human Resources
Mark Lupher, Director
Dena House, Organizational Resources
Carlo Russo, Executive Vice President and Chief Medical Officer
Heikki Jouttijarvi, Senior Operations
Paul Cleveland, CEO, Director
Kishor JD, Chief Officer
Nancy Pecota, Principal Officer
Samuel Barone, Senior Vice President Clinical Development
Bill PharmD, Senior Operations
Carla Fiankan, Senior Affairs
John McLaughlin, Director

Adverum Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Adverum Biotechnologies a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Adverum Biotechnologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Adverum Biotechnologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Adverum Biotechnologies will appreciate offsetting losses from the drop in the long position's value.

Moving against Adverum Stock

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The ability to find closely correlated positions to Adverum Biotechnologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Adverum Biotechnologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Adverum Biotechnologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Adverum Biotechnologies to buy it.
The correlation of Adverum Biotechnologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Adverum Biotechnologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Adverum Biotechnologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Adverum Biotechnologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Adverum Biotechnologies is a strong investment it is important to analyze Adverum Biotechnologies' 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 Adverum Biotechnologies' future performance. For an informed investment choice regarding Adverum Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adverum Biotechnologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
To learn how to invest in Adverum Stock, please use our How to Invest in Adverum Biotechnologies guide.
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Is Adverum Biotechnologies' industry 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 Adverum Biotechnologies. If investors know Adverum 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 Adverum Biotechnologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(11.60)
Revenue Per Share
0.357
Quarterly Revenue Growth
(0.70)
Return On Assets
(0.32)
Return On Equity
(0.88)
The market value of Adverum Biotechnologies is measured differently than its book value, which is the value of Adverum that is recorded on the company's balance sheet. Investors also form their own opinion of Adverum Biotechnologies' value that differs from its market value or its book value, called intrinsic value, which is Adverum Biotechnologies' 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 Adverum Biotechnologies' market value can be influenced by many factors that don't directly affect Adverum Biotechnologies' 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 Adverum Biotechnologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Adverum Biotechnologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adverum Biotechnologies' 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.