Advent Wireless Stock Today
| AWI Stock | CAD 0.76 0.00 0.00% |
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Advent Wireless is selling for under 0.76 as of the 29th of November 2023; that is No Change since the beginning of the trading day. The stock's lowest day price was 0.76. Advent Wireless has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Advent Wireless are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of September 2023 and ending today, the 29th of November 2023. Click here to learn more.
Business Domain Consumer Discretionary Distribution & Retail | Category Consumer Cyclical | Classification Consumer Discretionary |
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. The company has 11.94 M outstanding shares of which 10 shares are presently shorted by private and institutional investors with about 0.02 days to cover all short positions. More on Advent Wireless
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Advent Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Advent Wireless' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Advent Wireless or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and President and Director | Alice Chiu |
| Thematic Ideas | (View all Themes) |
| Business Concentration | Other Specialty Retail, Consumer Discretionary Distribution & Retail, Consumer Discretionary, Office Supplies, Furniture, Wireless (View all Sectors) |
| Macroaxis Advice The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Advent Wireless' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details Strong SellOvervalued | |
Advent Wireless (AWI) is traded on TSX Venture Exchange in Canada and employs 9 people. Advent Wireless is listed under Other Specialty Retail category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 9.07 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Advent Wireless's market, we take the total number of its shares issued and multiply it by Advent Wireless's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Advent Wireless classifies itself under Specialty Retail sector and is part of Consumer Discretionary industry. The entity has 11.94 M outstanding shares of which 10 shares are presently shorted by private and institutional investors with about 0.02 days to cover all short positions.
Advent Wireless has accumulated about 15.5 M in cash with 338.06 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.
Check Advent Wireless Probability Of Bankruptcy
OwnershipAdvent Wireless retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months.
Ownership Allocation
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Depending on a normal probability distribution, the odds of Advent Wireless jumping above the current price in 90 days from now is about 91.37%. The Advent Wireless probability density function shows the probability of Advent Wireless stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Advent Wireless has a beta of 0.0175. This suggests as returns on the market go up, Advent Wireless average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Advent Wireless will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Advent Wireless is significantly underperforming NYSE Composite.
Based on a normal probability distribution, the odds of Advent Wireless to move above the current price in 90 days from now is about 91.37 (This Advent Wireless probability density function shows the probability of Advent Stock to fall within a particular range of prices over 90 days) .
Advent Wireless Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Advent Wireless market risk premium is the additional return an investor will receive from holding Advent Wireless long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Advent Wireless. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Advent Wireless' alpha and beta are two of the key measurements used to evaluate Advent Wireless' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.1848 | |||
| Standard Deviation | 0.7776 | |||
| Variance | 0.6046 | |||
| Risk Adjusted Performance | (0.07) |
Advent Stock Against Markets
Picking the right benchmark for Advent Wireless stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Advent Wireless stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Advent Wireless is critical whether you are bullish or bearish towards Advent Wireless at a given time. Please also check how Advent Wireless' historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Advent Wireless without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Advent Wireless Corporate Directors
Advent Wireless corporate directors refer to members of an Advent Wireless board of directors. The board of directors generally takes responsibility for the Advent Wireless' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Advent Wireless' board members must vote for the resolution. The Advent Wireless board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.How to buy Advent Stock?
Before investing in Advent Wireless, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Advent Wireless. To buy Advent Wireless stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Advent Wireless. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Advent Wireless stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Advent Wireless stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Advent Wireless stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Advent Wireless, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
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The danger of trading Advent Wireless is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Advent Wireless is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Advent Wireless. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Advent Wireless is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 bureau of economic analysis. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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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