Advent Total Current Assets from 2010 to 2024
| AWI Stock | CAD 0.80 0.00 0.00% |
Total Current Assets | First Reported 2016-12-31 | Previous Quarter 14.3 M | Current Value 15.2 M | Quarterly Volatility 1.3 M |
Check Advent Wireless financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Advent main balance sheet or income statement drivers, such as Interest Expense of 19.4 K, Selling General Administrative of 3.2 M or Total Revenue of 8.5 M, as well as many exotic indicators such as . Advent financial statements analysis is a perfect complement when working with Advent Wireless Valuation or Volatility modules.
Advent | Total Current Assets |
Pair Trading with Advent Wireless
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.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.Check out the analysis of Advent Wireless Correlation against competitors. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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.
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| 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 | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios |