Advent Wireless Stock Fundamentals

AWI Stock  CAD 0.80  0.00  0.00%   
Advent Wireless fundamentals help investors to digest information that contributes to Advent Wireless' financial success or failures. It also enables traders to predict the movement of Advent Stock. The fundamental analysis module provides a way to measure Advent Wireless' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Advent Wireless stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Advent EBITDA Analysis

Advent Wireless' EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

EBITDA

 = 

Revenue

-

Basic Expenses

More About EBITDA | All Equity Analysis

Current Advent Wireless EBITDA

    
  70.61 K  
Most of Advent Wireless' fundamental indicators, such as EBITDA, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Advent Wireless is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Competition

According to the company disclosure, Advent Wireless reported earnings before interest,tax, depreciation and amortization of 70.61 K. This is 99.99% lower than that of the Specialty Retail sector and 100.0% lower than that of the Consumer Discretionary industry. The ebitda for all Canada stocks is 100.0% higher than that of the company.

Advent Wireless Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Advent Wireless's current stock value. Our valuation model uses many indicators to compare Advent Wireless value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Advent Wireless competition to find correlations between indicators driving Advent Wireless's intrinsic value. More Info.
Advent Wireless is number one stock in operating margin category among related companies. It is number one stock in price to sales category among related companies fabricating about  38.48  of Price To Sales per Operating Margin. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Advent Wireless by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Advent Wireless' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Advent Wireless' earnings, one of the primary drivers of an investment's value.

Advent Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Advent Wireless' direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Advent Wireless could also be used in its relative valuation, which is a method of valuing Advent Wireless by comparing valuation metrics of similar companies.
Advent Wireless is currently under evaluation in working capital category among related companies.

Advent Fundamentals

About Advent Wireless Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Advent Wireless's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Advent Wireless using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Advent Wireless 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.
Please read more on our fundamental analysis page.
Advent-AWI Holdings Inc., together with its subsidiaries, sells cellular and wireless products, services, and accessories in Canada. Advent-AWI Holdings Inc. was incorporated in 1984 and is based in Vancouver, Canada. ADVENT AWI is traded on TSX Venture Exchange in Canada.

Pair Trading with Advent Wireless

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 Advent Wireless 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 Advent Wireless will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Advent Wireless could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Advent Wireless 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 Advent Wireless - 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 Advent Wireless to buy it.
The correlation of Advent Wireless is a statistical measure of how it moves in relation to other equities. 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 Advent Wireless moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Advent Wireless 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 Advent Wireless 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
Check out Advent Wireless Piotroski F Score and Advent Wireless Altman Z Score analysis.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for Advent Stock analysis

When running Advent Wireless' price analysis, check to measure Advent Wireless' 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 Wireless is operating at the current time. Most of Advent Wireless' value examination focuses on studying past and present price action to predict the probability of Advent Wireless' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advent Wireless' price. Additionally, you may evaluate how the addition of Advent Wireless to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Advent Wireless' value and its price as these two are different measures arrived at by different means. Investors typically determine if Advent Wireless is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advent Wireless' 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.