Advansix Stock Price on December 31, 2022
| ASIX Stock | USD 26.01 0.11 0.42% |
Below is the normalized historical share price chart for AdvanSix extending back to September 15, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of AdvanSix stands at 26.01, as last reported on the 28th of April, with the highest price reaching 26.32 and the lowest price hitting 25.89 during the day.
If you're considering investing in AdvanSix Stock, it is important to understand the factors that can impact its price. We consider AdvanSix very steady. AdvanSix secures Sharpe Ratio (or Efficiency) of 0.0077, which signifies that the company had a 0.0077% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for AdvanSix, which you can use to evaluate the volatility of the firm. Please confirm AdvanSix's Mean Deviation of 1.92, downside deviation of 2.64, and Risk Adjusted Performance of 0.023 to double-check if the risk estimate we provide is consistent with the expected return of 0.0195%.
At this time, AdvanSix's Other Stockholder Equity is fairly stable compared to the past year. Common Stock is likely to rise to about 345.1 K in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 23.9 M in 2024. . At this time, AdvanSix's Price Book Value Ratio is fairly stable compared to the past year. Price To Free Cash Flows Ratio is likely to rise to 84.43 in 2024, whereas Price To Sales Ratio is likely to drop 0.42 in 2024. AdvanSix Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 3rd of October 2016 | 200 Day MA 29.3167 | 50 Day MA 27.2072 | Beta 1.732 |
AdvanSix |
Sharpe Ratio = 0.0077
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Estimated Market Risk
| 2.53 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average AdvanSix 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 AdvanSix by adding AdvanSix to a well-diversified portfolio.
Price Book 0.9918 | Enterprise Value Ebitda 6.475 | Price Sales 0.4781 | Shares Float 25.7 M | Dividend Share 0.625 |
AdvanSix Valuation on December 31, 2022
It is possible to determine the worth of AdvanSix on a given historical date. On December 31, 2022 AdvanSix was worth 38.04 at the beginning of the trading date compared to the closed value of 37.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AdvanSix stock. Still, in general, we apply an absolute valuation method to find AdvanSix's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of AdvanSix where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AdvanSix's related companies.
| Open | High | Low | Close | Volume | |
| 37.78 | 38.69 | 37.44 | 37.44 | 89,300 | |
12/30/2022 | 38.04 | 38.58 | 37.10 | 37.10 | 126,278 |
| 38.16 | 38.49 | 36.11 | 36.11 | 131,922 |
| Backtest AdvanSix | | | AdvanSix History | | | AdvanSix Valuation | Previous | Next |
AdvanSix Trading Date Momentum on December 31, 2022
| On January 03 2023 AdvanSix was traded for 36.11 at the closing time. The top price for the day was 38.49 and the lowest listed price was 36.11 . The trading volume for the day was 131.9 K. The trading history from January 3, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.67% . The overall trading delta against the current closing price is 5.96% . |
AdvanSix Fundamentals Correlations and Trends
By evaluating AdvanSix's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among AdvanSix's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AdvanSix financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AdvanSix Stock history
AdvanSix investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for AdvanSix is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AdvanSix will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing AdvanSix stock prices may prove useful in developing a viable investing in AdvanSix
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 28 M | 23.9 M | |
| Net Income Applicable To Common Shares | 197.7 M | 207.6 M |
AdvanSix Quarterly Net Working Capital |
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AdvanSix Stock Technical Analysis
AdvanSix technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
AdvanSix Period Price Range
Low | December 30, 2022
| High |
38.04 | 37.10 |
AdvanSix April 28, 2024 Market Strength
Market strength indicators help investors to evaluate how AdvanSix stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AdvanSix shares will generate the highest return on investment. By undertsting and applying AdvanSix stock market strength indicators, traders can identify AdvanSix entry and exit signals to maximize returns
| Accumulation Distribution | 4844.26 | |||
| Daily Balance Of Power | (0.64) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 37.84 | |||
| Day Typical Price | 37.59 | |||
| Price Action Indicator | (1.21) | |||
| Period Momentum Indicator | (11.09) |
AdvanSix Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AdvanSix's price direction in advance. Along with the technical and fundamental analysis of AdvanSix Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of AdvanSix to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.023 | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0217 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AdvanSix. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy AdvanSix Stock please use our How to Invest in AdvanSix guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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When running AdvanSix's price analysis, check to measure AdvanSix'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 AdvanSix is operating at the current time. Most of AdvanSix's value examination focuses on studying past and present price action to predict the probability of AdvanSix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AdvanSix's price. Additionally, you may evaluate how the addition of AdvanSix to your portfolios can decrease your overall portfolio volatility.
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Is AdvanSix's industry 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 AdvanSix. If investors know AdvanSix 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 AdvanSix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.48) | Dividend Share 0.625 | Earnings Share 1.95 | Revenue Per Share 56.171 | Quarterly Revenue Growth (0.05) |
The market value of AdvanSix is measured differently than its book value, which is the value of AdvanSix that is recorded on the company's balance sheet. Investors also form their own opinion of AdvanSix's value that differs from its market value or its book value, called intrinsic value, which is AdvanSix's 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 AdvanSix's market value can be influenced by many factors that don't directly affect AdvanSix's 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 AdvanSix's value and its price as these two are different measures arrived at by different means. Investors typically determine if AdvanSix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AdvanSix'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.