Advanced Drainage Systems Stock Price on May 23, 2023

WMS Stock  USD 115.86  0.71  0.62%   
Below is the normalized historical share price chart for Advanced Drainage Systems extending back to July 25, 2014. 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 Advanced Drainage stands at 115.86, as last reported on the 24th of December, with the highest price reaching 117.68 and the lowest price hitting 114.04 during the day.
IPO Date
25th of July 2014
200 Day MA
156.0491
50 Day MA
139.0752
Beta
1.533
 
Yuan Drop
 
Covid
If you're considering investing in Advanced Stock, it is important to understand the factors that can impact its price. Advanced Drainage Systems secures Sharpe Ratio (or Efficiency) of -0.16, which signifies that the company had a -0.16% return per unit of risk over the last 3 months. Advanced Drainage Systems exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Advanced Drainage's Risk Adjusted Performance of (0.13), mean deviation of 1.59, and Standard Deviation of 2.45 to double-check the risk estimate we provide.
  
At this time, Advanced Drainage's Other Stockholder Equity is comparatively stable compared to the past year. Capital Stock is likely to gain to about 176 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 679.9 M in 2024. . At this time, Advanced Drainage's Price To Sales Ratio is comparatively stable compared to the past year. Price Earnings Ratio is likely to gain to 30.57 in 2024, whereas Price To Free Cash Flows Ratio is likely to drop 18.94 in 2024. Advanced Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1632

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Estimated Market Risk

 2.49
  actual daily
22
78% of assets are more volatile

Expected Return

 -0.41
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.16
  actual daily
0
Most of other assets perform better
Based on monthly moving average Advanced Drainage 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 Advanced Drainage by adding Advanced Drainage to a well-diversified portfolio.
Price Book
6.0544
Enterprise Value Ebitda
10.8287
Price Sales
3.0638
Shares Float
70.4 M
Dividend Share
0.6

Advanced Drainage Main Headline on 23rd of May 2023

Filed transaction by Advanced Drainage Systems officer. Payment of exercise price or tax liability by delivering or withholding securities

Advanced Drainage Valuation on May 23, 2023

It is possible to determine the worth of Advanced Drainage on a given historical date. On May 23, 2023 Advanced was worth 95.55 at the beginning of the trading date compared to the closed value of 95.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Advanced Drainage stock. Still, in general, we apply an absolute valuation method to find Advanced Drainage'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 Advanced Drainage where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Advanced Drainage's related companies.
 Open High Low Close Volume
  96.81    97.98    95.55    95.78    517,697  
05/23/2023
  95.55    97.89    94.22    95.30    483,915  
  95.03    95.05    92.45    95.03    774,188  
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Open Value
95.55
95.3
Closing Value
103.03
Upside

Advanced Drainage Trading Date Momentum on May 23, 2023

On May 24 2023 Advanced Drainage Systems was traded for  95.03  at the closing time. Highest Advanced Drainage's price during the trading hours was 95.05  and the lowest price during the day was  92.45 . The net volume was 774.2 K. The overall trading history on the 24th of May contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.28% . The overall trading delta to current price is 2.85% .

Advanced Drainage Systems Fundamentals Correlations and Trends

By evaluating Advanced Drainage'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 Advanced Drainage's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Advanced financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Advanced Drainage Stock history

Advanced Drainage 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 Advanced is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Advanced Drainage Systems 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 Advanced Drainage stock prices may prove useful in developing a viable investing in Advanced Drainage
Last ReportedProjected for Next Year
Common Stock Shares Outstanding79 M64.6 M
Net Income Applicable To Common Shares583.1 M612.3 M

Advanced Drainage Quarterly Net Working Capital

931.37 Million

Advanced Drainage Stock Technical Analysis

Advanced Drainage 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.
A focus of Advanced Drainage technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Advanced Drainage trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Advanced Drainage Period Price Range

Low
December 24, 2024
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High

 0.00 

     

 0.00 

Advanced Drainage Systems cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Advanced Drainage December 24, 2024 Market Strength

Market strength indicators help investors to evaluate how Advanced Drainage stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Advanced Drainage shares will generate the highest return on investment. By undertsting and applying Advanced Drainage stock market strength indicators, traders can identify Advanced Drainage Systems entry and exit signals to maximize returns

Advanced Drainage Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Advanced Drainage's price direction in advance. Along with the technical and fundamental analysis of Advanced Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Advanced 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.

Additional Tools for Advanced Stock Analysis

When running Advanced Drainage's price analysis, check to measure Advanced Drainage'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 Advanced Drainage is operating at the current time. Most of Advanced Drainage's value examination focuses on studying past and present price action to predict the probability of Advanced Drainage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advanced Drainage's price. Additionally, you may evaluate how the addition of Advanced Drainage to your portfolios can decrease your overall portfolio volatility.