Avance Gas Holding Stock Performance
| AVACF Stock | USD 6.40 0.14 2.24% |
The firm shows a Beta (market volatility) of 0.36, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Avance Gas' returns are expected to increase less than the market. However, during the bear market, the loss of holding Avance Gas is expected to be smaller as well. At this point, Avance Gas Holding has a negative expected return of -0.55%. Please make sure to confirm Avance Gas' value at risk, rate of daily change, and the relationship between the total risk alpha and kurtosis , to decide if Avance Gas Holding performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Avance Gas Holding has generated negative risk-adjusted returns adding no value to investors with long positions. Despite unsteady performance in the last few months, the Stock's fundamental indicators remain nearly stable which may send shares a bit higher in January 2025. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 75.9 M | |
| Total Cashflows From Investing Activities | -60.2 M |
Avance |
Avance Gas Relative Risk vs. Return Landscape
If you would invest 1,012 in Avance Gas Holding on September 24, 2024 and sell it today you would lose (372.00) from holding Avance Gas Holding or give up 36.76% of portfolio value over 90 days. Avance Gas Holding is currently producing negative expected returns and takes up 5.1518% volatility of returns over 90 trading days. Put another way, 45% of traded pink sheets are less volatile than Avance, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Avance Gas Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Avance Gas' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Avance Gas Holding, and traders can use it to determine the average amount a Avance Gas' 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 = -0.1076
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | AVACF |
Estimated Market Risk
| 5.15 actual daily | 45 55% of assets are more volatile |
Expected Return
| -0.55 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Avance Gas is not performing at its full potential. However, 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 Avance Gas by adding Avance Gas to a well-diversified portfolio.
Avance Gas Fundamentals Growth
Avance Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Avance Gas, and Avance Gas 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 Avance Pink Sheet performance.
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0433 | |||
| Profit Margin | 0.26 % | |||
| Operating Margin | 0.29 % | |||
| Current Valuation | 827.15 M | |||
| Shares Outstanding | 76.6 M | |||
| Price To Earning | 6.32 X | |||
| Price To Book | 0.92 X | |||
| Price To Sales | 2.24 X | |||
| Revenue | 210.68 M | |||
| EBITDA | 94.79 M | |||
| Cash And Equivalents | 200.32 M | |||
| Cash Per Share | 2.62 X | |||
| Total Debt | 269.75 M | |||
| Debt To Equity | 0.86 % | |||
| Book Value Per Share | 7.61 X | |||
| Cash Flow From Operations | 72.6 M | |||
| Earnings Per Share | 0.83 X | |||
| Total Asset | 955.38 M | |||
| Retained Earnings | (48 M) | |||
| Current Asset | 128 M | |||
| Current Liabilities | 52 M | |||
About Avance Gas Performance
By analyzing Avance Gas' fundamental ratios, stakeholders can gain valuable insights into Avance Gas' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Avance Gas has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Avance Gas has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Avance Gas Holding Ltd, together with its subsidiaries, engages in the transportation of liquefied petroleum gas . The company was founded in 2007 and is based in Hamilton, Bermuda. Avance Gas is traded on OTC Exchange in the United States.Things to note about Avance Gas Holding performance evaluation
Checking the ongoing alerts about Avance Gas for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Avance Gas Holding help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Avance Gas Holding generated a negative expected return over the last 90 days | |
| Avance Gas Holding has high historical volatility and very poor performance | |
| About 84.0% of the company shares are held by company insiders | |
| Latest headline from bizjournals.com: Year in Review Enterprise Products 950 million Pion Midstream acquisition was a Deal of the Week |
- Analyzing Avance Gas' 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 Avance Gas' stock is overvalued or undervalued compared to its peers.
- Examining Avance Gas' 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 Avance Gas' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Avance Gas' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Avance Gas' pink sheet. These opinions can provide insight into Avance Gas' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Avance Pink Sheet analysis
When running Avance Gas' price analysis, check to measure Avance Gas' 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 Avance Gas is operating at the current time. Most of Avance Gas' value examination focuses on studying past and present price action to predict the probability of Avance Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avance Gas' price. Additionally, you may evaluate how the addition of Avance Gas to your portfolios can decrease your overall portfolio volatility.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Stocks Directory Find actively traded stocks across global markets | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |