Avient Corp Stock Performance
| AVNT Stock | USD 43.26 0.05 0.12% |
On a scale of 0 to 100, Avient Corp holds a performance score of 12. The firm shows a Beta (market volatility) of 1.87, 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, Avient Corp will likely underperform. Please check Avient Corp's sortino ratio, as well as the relationship between the semi variance and rate of daily change , to make a quick decision on whether Avient Corp's price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Avient Corp are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively conflicting basic indicators, Avient Corp unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (0.33) | Five Day Return 2.36 | Year To Date Return 4.97 | Ten Year Return 14.62 | All Time Return 261.52 |
Forward Dividend Yield 0.0238 | Payout Ratio 0.4298 | Last Split Factor 3:2 | Forward Dividend Rate 1.03 | Dividend Date 2024-04-05 |
1 | FMC Q4 Earnings and Revenues Lag Estimates | 02/05/2024 |
2 | Avient Announces Fourth Quarter and Full Year 2023 Results | 02/14/2024 |
3 | Acquisition by Jamie Beggs of 9900 shares of Avient Corp subject to Rule 16b-3 | 02/22/2024 |
4 | TimesSquare Capital Management LLC Has 26.05 Million Stock Position in Avient Co. | 03/11/2024 |
5 | Avient Corps Dividend Analysis | 03/18/2024 |
6 | Citigroup Inc. Has 668000 Stock Holdings in Avient Co. - Defense World | 03/21/2024 |
7 | Politan Nominates Two Independent Candidates for Masimo Board | 03/25/2024 |
8 | Avient To Hold First Quarter 2024 Conference Call | 04/03/2024 |
| Avient Corp dividend paid on 5th of April 2024 | 04/05/2024 |
9 | Arizona State Retirement System Purchases 828 Shares of Avient Co. - Defense World | 04/16/2024 |
10 | Whats in Store for Sherwin-Williams in Q1 Earnings | 04/18/2024 |
11 | Acquisition by M Midea of 4800 shares of Avient Corp subject to Rule 16b-3 | 04/19/2024 |
12 | Eastman Chemical to Post Q1 Earnings Whats in Store | 04/23/2024 |
| Begin Period Cash Flow | 641.1 M |
Avient |
Avient Corp Relative Risk vs. Return Landscape
If you would invest 3,662 in Avient Corp on January 25, 2024 and sell it today you would earn a total of 669.00 from holding Avient Corp or generate 18.27% return on investment over 90 days. Avient Corp is currently generating 0.2811% in daily expected returns and assumes 1.7201% risk (volatility on return distribution) over the 90 days horizon. In different words, 15% of stocks are less volatile than Avient, and 95% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Avient Corp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Avient Corp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Avient Corp, and traders can use it to determine the average amount a Avient Corp's 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 = 0.1634
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Estimated Market Risk
| 1.72 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Avient Corp is performing at about 12% 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 Avient Corp by adding it to a well-diversified portfolio.
Avient Corp Fundamentals Growth
Avient Stock prices reflect investors' perceptions of the future prospects and financial health of Avient Corp, and Avient Corp 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 Avient Stock performance.
| Return On Equity | 0.0325 | ||||
| Return On Asset | 0.0318 | ||||
| Profit Margin | 0.02 % | ||||
| Operating Margin | 0.21 % | ||||
| Current Valuation | 5.56 B | ||||
| Shares Outstanding | 91.25 M | ||||
| Price To Earning | 11.10 X | ||||
| Price To Book | 1.62 X | ||||
| Price To Sales | 1.20 X | ||||
| Revenue | 3.14 B | ||||
| Gross Profit | 964 M | ||||
| EBITDA | 479.9 M | ||||
| Net Income | 75.8 M | ||||
| Cash And Equivalents | 645.1 M | ||||
| Cash Per Share | 7.09 X | ||||
| Total Debt | 2.14 B | ||||
| Debt To Equity | 1.05 % | ||||
| Current Ratio | 1.29 X | ||||
| Book Value Per Share | 25.43 X | ||||
| Cash Flow From Operations | 199.3 M | ||||
| Earnings Per Share | 0.83 X | ||||
| Market Capitalization | 3.95 B | ||||
| Total Asset | 5.97 B | ||||
| Retained Earnings | 1.81 B | ||||
| Working Capital | 634 M | ||||
About Avient Corp Performance
To evaluate Avient Corp Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Avient Corp generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Avient Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Avient Corp market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Avient's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 56.54 | 47.88 | |
| Return On Tangible Assets | 0.03 | 0.02 | |
| Return On Capital Employed | 0.04 | 0.06 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.03 | 0.02 |
Things to note about Avient Corp performance evaluation
Checking the ongoing alerts about Avient Corp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Avient Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Over 97.0% of the company shares are held by institutions such as insurance companies | |
| On 5th of April 2024 Avient Corp paid $ 0.2575 per share dividend to its current shareholders | |
| Latest headline from zacks.com: Eastman Chemical to Post Q1 Earnings Whats in Store |
- Analyzing Avient Corp's 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 Avient Corp's stock is overvalued or undervalued compared to its peers.
- Examining Avient Corp's 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 Avient Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Avient Corp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Avient Corp's stock. These opinions can provide insight into Avient Corp's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avient Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Avient Stock please use our How to Invest in Avient Corp guide.You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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When running Avient Corp's price analysis, check to measure Avient 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 Avient Corp is operating at the current time. Most of Avient Corp's value examination focuses on studying past and present price action to predict the probability of Avient 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 Avient Corp's price. Additionally, you may evaluate how the addition of Avient Corp to your portfolios can decrease your overall portfolio volatility.
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Is Avient 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 Avient Corp. If investors know Avient 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 Avient Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.95) | Dividend Share 1 | Earnings Share 0.83 | Revenue Per Share 34.498 | Quarterly Revenue Growth (0.09) |
The market value of Avient Corp is measured differently than its book value, which is the value of Avient that is recorded on the company's balance sheet. Investors also form their own opinion of Avient Corp's value that differs from its market value or its book value, called intrinsic value, which is Avient 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 Avient Corp's market value can be influenced by many factors that don't directly affect Avient 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 Avient Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avient Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avient 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.