Advent Return On Equity from 2010 to 2024
| ADN Stock | USD 6.07 1.20 16.51% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter (5.31) | Current Value (5.04) | Quarterly Volatility 1.82928412 |
Check Advent Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Advent Technologies' main balance sheet or income statement drivers, such as Interest Expense of 36 M, Other Operating Expenses of 65.6 M or Tax Provision of 755 K, as well as many indicators such as Price To Sales Ratio of 2.5, Dividend Yield of 0.003 or PTB Ratio of 0.9. Advent financial statements analysis is a perfect complement when working with Advent Technologies Valuation or Volatility modules.
Advent | Return On Equity |
Latest Advent Technologies' Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Advent Technologies Holdings over the last few years. Return on Equity is the amount of Advent Technologies net income returned as a percentage of Advent Technologies equity. Return on equity measures Advent Technologies profitability by revealing how much profit Advent Technologies Holdings generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Advent Technologies' Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Advent Technologies' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported -3.13 | 10 Years Trend |
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Return On Equity |
| Timeline |
Advent Return On Equity Regression Statistics
| Arithmetic Mean | (0.75) | |
| Coefficient Of Variation | (243.32) | |
| Mean Deviation | 1.23 | |
| Median | 0 | |
| Standard Deviation | 1.83 | |
| Sample Variance | 3.35 | |
| Range | 5.8837 | |
| R-Value | (0.64) | |
| Mean Square Error | 2.14 | |
| R-Squared | 0.41 | |
| Significance | 0.01 | |
| Slope | (0.26) | |
| Total Sum of Squares | 46.85 |
Advent Return On Equity History
About Advent Technologies Financial Statements
Advent Technologies investors utilize fundamental indicators, such as Return On Equity, to predict how Advent Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Return On Equity | (5.31) | (5.04) |
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 against Advent Stock
| 0.59 | NEP | Nextera Energy Partners Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.59 | RNW | Renew Energy Global | PairCorr |
| 0.51 | HTOOW | Fusion Fuel Green | PairCorr |
| 0.51 | SUUN | SolarBank Common | PairCorr |
| 0.41 | AQN | Algonquin Power Utilities | 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 the analysis of Advent Technologies Correlation against competitors. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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.