Advent Wireless Stock Performance

AWI Stock  CAD 0.80  0.00  0.00%   
Advent Wireless has a performance score of 10 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0596, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Advent Wireless returns are expected to increase less than the market. However, during the bear market, the loss on holding Advent Wireless will be expected to be smaller as well. Although it is important to respect Advent Wireless historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. Advent Wireless right now shows a risk of 0.68%. Please confirm Advent Wireless treynor ratio and rate of daily change to decide if Advent Wireless will be following its price patterns.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in Advent Wireless are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of fairly stable basic indicators, Advent Wireless is not utilizing all of its potentials. The recent stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
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Begin Period Cash Flow7.7 M

Advent Wireless Relative Risk vs. Return Landscape

If you would invest  76.00  in Advent Wireless on November 24, 2023 and sell it today you would earn a total of  4.00  from holding Advent Wireless or generate 5.26% return on investment over 90 days. Advent Wireless is currently producing 0.0877% returns and takes up 0.6795% volatility of returns over 90 trading days. Put another way, 5% of traded stocks are less volatile than Advent, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
Assuming the 90 days horizon Advent Wireless is expected to generate 1.79 times less return on investment than the market. In addition to that, the company is 1.04 times more volatile than its market benchmark. It trades about 0.13 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.24 per unit of volatility.

Advent Wireless Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Advent Wireless' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Advent Wireless, and traders can use it to determine the average amount a Advent Wireless' 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 = 0.1291

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Estimated Market Risk

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95% of assets are more volatile

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99% of assets have higher returns

Risk-Adjusted Return

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90% of assets perform better
Based on monthly moving average Advent Wireless is performing at about 10% 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 Advent Wireless by adding it to a well-diversified portfolio.

Advent Wireless Fundamentals Growth

Advent Stock prices reflect investors' perceptions of the future prospects and financial health of Advent Wireless, and Advent Wireless 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 Advent Stock performance.

About Advent Wireless Performance

To evaluate Advent Wireless 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 Advent Wireless 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 Advent 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 Advent Wireless market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Advent'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.
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.

Things to note about Advent Wireless performance evaluation

Checking the ongoing alerts about Advent Wireless for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Advent Wireless help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Advent Wireless has some characteristics of a very speculative penny stock
The company reported the revenue of 5.59 M. Net Loss for the year was (688.73 K) with profit before overhead, payroll, taxes, and interest of 2.41 M.
Advent Wireless has accumulated about 15.5 M in cash with (867.47 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.3, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Roughly 49.0% of the company shares are held by company insiders
Latest headline from 4 REITs Likely to Emerge Victorious This Earnings Season - Yahoo Finance
Evaluating Advent Wireless' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Advent Wireless' stock performance include:
  • Analyzing Advent Wireless' 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 Advent Wireless' stock is overvalued or undervalued compared to its peers.
  • Examining Advent Wireless' 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 Advent Wireless' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Advent Wireless' management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Advent Wireless' stock. These opinions can provide insight into Advent Wireless' potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Advent Wireless' stock performance is not an exact science, and many factors can impact Advent Wireless' stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advent Wireless. 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.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

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.