Advent Technologies Holdings Stock Cash Position Weight
| ADN Stock | USD 5.67 0.36 5.97% |
Advent Technologies Holdings fundamentals help investors to digest information that contributes to Advent Technologies' financial success or failures. It also enables traders to predict the movement of Advent Stock. The fundamental analysis module provides a way to measure Advent Technologies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Advent Technologies stock.
Advent | Cash Position Weight |
Advent Technologies Holdings Company Cash Position Weight Analysis
Advent Technologies' Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Advent Cash Position Weight Driver Correlations
Understanding the fundamental principles of building solid financial models for Advent Technologies is extremely important. It helps to project a fair market value of Advent Stock properly, considering its historical fundamentals such as Cash Position Weight. Since Advent Technologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Advent Technologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Advent Technologies' interrelated accounts and indicators.
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Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
| Competition |
In accordance with the recently published financial statements, Advent Technologies Holdings has 0.0% in Cash Position Weight. This indicator is about the same for the Electric Utilities average (which is currently at 0.0) sector and about the same as Utilities (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).
Advent Technologies Current Valuation Drivers
We derive many important indicators used in calculating different scores of Advent Technologies from analyzing Advent Technologies' financial statements. These drivers represent accounts that assess Advent Technologies' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Advent Technologies' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 9.0M | 306.3M | 321.2M | 93.3M | 12.8M | 12.2M | |
| Enterprise Value | 9.0M | 309.1M | 241.5M | 72.5M | 19.7M | 18.7M |
Advent Technologies ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Advent Technologies' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Advent Technologies' managers, analysts, and investors.Environmental | Governance | Social |
Advent Fundamentals
| Return On Equity | -3.13 | ||||
| Return On Asset | -0.74 | ||||
| Operating Margin | (10.72) % | ||||
| Current Valuation | 16.09 M | ||||
| Shares Outstanding | 2.64 M | ||||
| Shares Owned By Insiders | 16.64 % | ||||
| Shares Owned By Institutions | 3.37 % | ||||
| Number Of Shares Shorted | 135.75 K | ||||
| Price To Book | 0.67 X | ||||
| Price To Sales | 2.26 X | ||||
| Revenue | 4.86 M | ||||
| Gross Profit | 1.66 M | ||||
| EBITDA | (43.44 M) | ||||
| Net Income | (71.4 M) | ||||
| Cash And Equivalents | 46.54 M | ||||
| Cash Per Share | 0.90 X | ||||
| Total Debt | 21.29 M | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 5.16 X | ||||
| Book Value Per Share | (1.09) X | ||||
| Cash Flow From Operations | (32.12 M) | ||||
| Short Ratio | 0.69 X | ||||
| Earnings Per Share | (25.90) X | ||||
| Target Price | 0.45 | ||||
| Number Of Employees | 100 | ||||
| Beta | 0.089 | ||||
| Market Capitalization | 18.22 M | ||||
| Total Asset | 34.74 M | ||||
| Retained Earnings | (179.16 M) | ||||
| Working Capital | (3.08 M) | ||||
| Net Asset | 34.74 M |
About Advent Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Advent Technologies Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Advent Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Advent Technologies Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Advent Technologies
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 Technologies 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 Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with Advent Stock
Moving against Advent Stock
| 0.83 | SUUN | SolarBank Common | PairCorr |
| 0.79 | NEP | Nextera Energy Partners Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.79 | HTOOW | Fusion Fuel Green | PairCorr |
| 0.75 | EBR | Centrais Electricas | PairCorr |
| 0.73 | ALCE | Alternus Energy Group Symbol Change | PairCorr |
The ability to find closely correlated positions to Advent Technologies 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 Technologies 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 Technologies - 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 Technologies Holdings to buy it.
The correlation of Advent Technologies 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 Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Advent Technologies 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 Technologies 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.Check out Advent Technologies Piotroski F Score and Advent Technologies Altman Z Score analysis. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Advent Technologies. If investors know Advent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Advent Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (25.90) | Revenue Per Share 2.998 | Quarterly Revenue Growth (0.28) | Return On Assets (0.74) | Return On Equity (3.13) |
The market value of Advent Technologies is measured differently than its book value, which is the value of Advent that is recorded on the company's balance sheet. Investors also form their own opinion of Advent Technologies' value that differs from its market value or its book value, called intrinsic value, which is Advent Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Advent Technologies' market value can be influenced by many factors that don't directly affect Advent Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Advent Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Advent Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advent Technologies' 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.