Advent Wireless Profitability Analysis

AWI Stock  CAD 0.80  0.00  0.00%   
Based on Advent Wireless' profitability indicators, Advent Wireless may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in June. Profitability indicators assess Advent Wireless' ability to earn profits and add value for shareholders.
 
Net Income  
First Reported
2016-12-31
Previous Quarter
49.1 K
Current Value
101 K
Quarterly Volatility
522.5 K
 
Covid
For Advent Wireless profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Advent Wireless to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Advent Wireless utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Advent Wireless's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Advent Wireless over time as well as its relative position and ranking within its peers.
  
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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.

Advent Wireless Return On Asset vs. Return On Equity Fundamental Analysis

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.
Advent Wireless is number one stock in return on equity category among related companies. It is number one stock in return on asset category among related companies . 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 Return On Asset vs. Return On Equity

Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Advent Wireless

Return On Equity

 = 

Net Income

Total Equity

 = 
0.0108
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Advent Wireless

Return On Asset

 = 

Net Income

Total Assets

 = 
-0.0116
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.

Advent Return On Asset Comparison

Advent Wireless is currently under evaluation in return on asset category among related companies.

Advent Wireless Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Advent Wireless, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Advent Wireless will eventually generate negative long term returns. The profitability progress is the general direction of Advent Wireless' change in net profit over the period of time. It can combine multiple indicators of Advent Wireless, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Operating Income-248.6 K-236.2 K
Net Income From Continuing Ops156.1 K148.3 K
Income Before Tax230.3 K218.8 K
Total Other Income Expense Net114.4 K108.6 K
Net Loss-647.5 K-615.2 K
Net Income134.3 K127.6 K
Income Tax Expense124.7 K118.5 K
Net Interest Income364.5 K382.7 K
Interest Income454.7 K477.5 K
Change To Netincome326.4 K342.7 K

Advent Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Advent Wireless. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Advent Wireless position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Advent Wireless' important profitability drivers and their relationship over time.

Use Advent Wireless in pair-trading

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.

Advent Wireless Pair Trading

Advent Wireless Pair Trading Analysis

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 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 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

Use Investing Themes to Complement your Advent Wireless position

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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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To fully project Advent Wireless' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Advent Wireless at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Advent Wireless' income statement, its balance sheet, and the statement of cash flows.
Potential Advent Wireless investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Advent Wireless investors may work on each financial statement separately, they are all related. The changes in Advent Wireless's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Advent Wireless's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.