Avante Stock Today

XX Stock  CAD 0.97  0.03  3.19%   
Market Performance
12 of 100
Odds Of Distress
Less than 29
Avante Logixx is selling for under 0.97 as of the 5th of February 2023; that is 3.19 percent increase since the beginning of the trading day. The stock's lowest day price was 0.95. Avante Logixx has about a 29 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat good performance during the last 90 days. Equity ratings for Avante Logixx are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of January 2023 and ending today, the 5th of February 2023. Click here to learn more.
Fiscal Year End
March
Category
Industrials
ISIN
CA05351B3074
Avante Logixx Inc., through its subsidiaries, provides security services to residential, commercial, and enterprise clients in Canada. Avante Logixx Inc. was founded in 1996 and is headquartered in Toronto, Canada. AVANTE LOGIXX operates under Security Protection Services classification in Exotistan and is traded on Commodity Exchange. The company has 26.49 M outstanding shares of which 1.18 K shares are at this time shorted by private and institutional investors with about 0.06 trading days to cover. More on Avante Logixx
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

Avante Logixx 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. Avante Logixx's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Avante Logixx or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOCraig Campbell
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 Avante Logixx's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
Avante Logixx (XX) is traded on TSX Venture Exchange in Canada and employs 126 people. The company currently falls under 'Micro-Cap' category with a current market capitalization of 25.69 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Avante Logixx's market, we take the total number of its shares issued and multiply it by Avante Logixx'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. Avante Logixx conducts business under Industrials sector and is part of Security & Protection Services industry. The entity has 26.49 M outstanding shares of which 1.18 K shares are at this time shorted by private and institutional investors with about 0.06 trading days to cover. Avante Logixx currently holds about 2.92 M in cash with 1.82 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14.
Check Avante Logixx Probability Of Bankruptcy
Ownership
Avante Logixx holds a total of twenty-six million four hundred eighty-nine thousand four hundred outstanding shares. Avante Logixx shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company outstanding shares. 66.8 percent of Avante Logixx outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation

Check Avante Ownership Details

Avante Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Avante Logixx jumping above the current price in 90 days from now is about 1.59%. The Avante Logixx probability density function shows the probability of Avante Logixx stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Avante Logixx has a beta of -0.6319. This entails as returns on benchmark increase, returns on holding Avante Logixx are expected to decrease at a much lower rate. During the bear market, however, Avante Logixx is likely to outperform the market. Additionally, the company has an alpha of 0.4372, implying that it can generate a 0.44 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.97HorizonTargetOdds Above 0.97
98.39%90 days
 0.97 
1.59%
Based on a normal probability distribution, the odds of Avante Logixx to move above the current price in 90 days from now is about 1.59 (This Avante Logixx probability density function shows the probability of Avante Stock to fall within a particular range of prices over 90 days) .

Avante Logixx Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Avante Logixx market risk premium is the additional return an investor will receive from holding Avante Logixx 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 Avante Logixx. 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 Avante Logixx's alpha and beta are two of the key measurements used to evaluate Avante Logixx's performance over the market, the standard measures of volatility play an important role as well.

Avante Stock Against Markets

Picking the right benchmark for Avante Logixx 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 Avante Logixx 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 Avante Logixx is critical whether you are bullish or bearish towards Avante Logixx at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Avante Logixx 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?

Run Fundamentals Comparison Now

   

Fundamentals Comparison

Compare fundamentals across multiple equities to find investing opportunities
All  Next Launch Module

Avante Logixx Corporate Directors

Avante Logixx corporate directors refer to members of an Avante Logixx board of directors. The board of directors generally takes responsibility for the Avante Logixx's 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 Avante Logixx's board members must vote for the resolution. The Avante Logixx board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Emmanuel Mounouchos - Founder and DirectorProfile
De Shane - Independent DirectorProfile
Joseph Leeder - Independent DirectorProfile
Elizabeth Tripp - DirectorProfile

Invested in Avante Logixx?

The danger of trading Avante Logixx 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 Avante Logixx 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 Avante Logixx. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Avante Logixx 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 Your Current Watchlist. You can also try Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Complementary Tools for analysis

When running Avante Logixx price analysis, check to measure Avante Logixx'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 Avante Logixx is operating at the current time. Most of Avante Logixx's value examination focuses on studying past and present price action to predict the probability of Avante Logixx's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Avante Logixx's price. Additionally, you may evaluate how the addition of Avante Logixx to your portfolios can decrease your overall portfolio volatility.
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Please note, there is a significant difference between Avante Logixx's value and its price as these two are different measures arrived at by different means. Investors typically determine Avante Logixx value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avante Logixx'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.