Advantis Corp Stock Market Value
| ADVT Stock | USD 0.0001 0.00 0.00% |
| Symbol | Advantis |
Is Advantis Corp's 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 Advantis Corp. If investors know Advantis 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 Advantis Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Advantis Corp is measured differently than its book value, which is the value of Advantis that is recorded on the company's balance sheet. Investors also form their own opinion of Advantis Corp's value that differs from its market value or its book value, called intrinsic value, which is Advantis Corp's 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 Advantis Corp's market value can be influenced by many factors that don't directly affect Advantis Corp's 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 Advantis Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Advantis Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advantis Corp's 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.
Advantis Corp '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 Advantis Corp's 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 Advantis Corp.
| 02/18/2024 |
| 04/18/2024 |
If you would invest 0.00 in Advantis Corp on February 18, 2024 and sell it all today you would earn a total of 0.00 from holding Advantis Corp or generate 0.0% return on investment in Advantis Corp over 60 days. Advantis Corp is related to or competes with Im Cannabis, Avicanna, Cannara Biotech, and Acreage Holdings. Advantis Corp. develops and markets products focusing on medical cannabis, research, and pharmaceutical sectors More
Advantis Corp 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 Advantis Corp's 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 Advantis Corp upside and downside potential and time the market with a certain degree of confidence.
Advantis Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Advantis Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Advantis Corp's standard deviation. In reality, there are many statistical measures that can use Advantis Corp historical prices to predict the future Advantis Corp's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Advantis Corp's 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.
Advantis Corp Backtested Returns
We have found three technical indicators for Advantis Corp, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Advantis Corp are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Advantis Corp has perfect predictability. Overlapping area represents the amount of predictability between Advantis Corp time series from 18th of February 2024 to 19th of March 2024 and 19th of March 2024 to 18th of April 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 Advantis Corp price movement. The serial correlation of 1.0 indicates that 100.0% of current Advantis Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Advantis Corp lagged returns against current returns
Autocorrelation, which is Advantis Corp 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 Advantis Corp's stock expected returns. We can calculate the autocorrelation of Advantis Corp returns to help us make a trade decision. For example, suppose you find that Advantis Corp 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 |
Advantis Corp 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 Advantis Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Advantis Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Advantis Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Advantis Corp Lagged Returns
When evaluating Advantis Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Advantis Corp stock have on its future price. Advantis Corp 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, Advantis Corp autocorrelation shows the relationship between Advantis Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Advantis Corp.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Advantis Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Advantis Corp's short interest history, or implied volatility extrapolated from Advantis Corp options trading.
Pair Trading with Advantis Corp
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 Advantis Corp 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 Advantis Corp will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Advantis Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Advantis Corp 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 Advantis Corp - 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 Advantis Corp to buy it.
The correlation of Advantis Corp 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 Advantis Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Advantis Corp 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 Advantis Corp 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.Check out Advantis Corp Correlation, Advantis Corp Volatility and Advantis Corp Alpha and Beta module to complement your research on Advantis Corp. For more information on how to buy Advantis Stock please use our How to Invest in Advantis Corp guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Advantis Stock analysis
When running Advantis Corp's price analysis, check to measure Advantis Corp's 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 Advantis Corp is operating at the current time. Most of Advantis Corp's value examination focuses on studying past and present price action to predict the probability of Advantis Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advantis Corp's price. Additionally, you may evaluate how the addition of Advantis Corp to your portfolios can decrease your overall portfolio volatility.
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Advantis Corp 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.