Adverum Biotechnologies Stock Performance
| ADVM Stock | USD 4.61 0.11 2.44% |
The firm shows a Beta (market volatility) of 0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Adverum Biotechnologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Adverum Biotechnologies is expected to be smaller as well. At this point, Adverum Biotechnologies has a negative expected return of -0.13%. Please make sure to confirm Adverum Biotechnologies' treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Adverum Biotechnologies performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Adverum Biotechnologies has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unsteady performance, the Stock's basic indicators remain healthy and the recent disarray on Wall Street may also be a sign of long period gains for the firm investors. ...more
| Begin Period Cash Flow | 70.9 M |
Adverum |
Adverum Biotechnologies Relative Risk vs. Return Landscape
If you would invest 523.00 in Adverum Biotechnologies on December 17, 2024 and sell it today you would lose (69.00) from holding Adverum Biotechnologies or give up 13.19% of portfolio value over 90 days. Adverum Biotechnologies is currently does not generate positive expected returns and assumes 4.6087% risk (volatility on return distribution) over the 90 days horizon. In different words, 41% of stocks are less volatile than Adverum, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Adverum Biotechnologies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Adverum Biotechnologies' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Adverum Biotechnologies, and traders can use it to determine the average amount a Adverum Biotechnologies' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0274
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| Negative Returns | ADVM |
Estimated Market Risk
| 4.61 actual daily | 41 59% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Adverum Biotechnologies 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 Adverum Biotechnologies by adding Adverum Biotechnologies to a well-diversified portfolio.
Adverum Biotechnologies Fundamentals Growth
Adverum Stock prices reflect investors' perceptions of the future prospects and financial health of Adverum Biotechnologies, and Adverum Biotechnologies fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Adverum Stock performance.
| Return On Equity | -0.76 | ||||
| Return On Asset | -0.3 | ||||
| Operating Margin | (29.22) % | ||||
| Current Valuation | 16.13 M | ||||
| Shares Outstanding | 20.8 M | ||||
| Price To Earning | (2.10) X | ||||
| Price To Book | 0.67 X | ||||
| Price To Sales | 95.90 X | ||||
| Revenue | 3.6 M | ||||
| EBITDA | (118.35 M) | ||||
| Cash And Equivalents | 235.84 M | ||||
| Cash Per Share | 2.37 X | ||||
| Total Debt | 75.04 M | ||||
| Debt To Equity | 0.43 % | ||||
| Book Value Per Share | 6.93 X | ||||
| Cash Flow From Operations | (90.9 M) | ||||
| Earnings Per Share | (5.95) X | ||||
| Total Asset | 173.01 M | ||||
| Retained Earnings | (919.78 M) | ||||
| Current Asset | 260.99 M | ||||
| Current Liabilities | 6.57 M | ||||
About Adverum Biotechnologies Performance
By examining Adverum Biotechnologies' fundamental ratios, stakeholders can obtain critical insights into Adverum Biotechnologies' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Adverum Biotechnologies is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Adverum Biotechnologies, Inc., a clinical-stage gene therapy company, develops gene therapy product candidates to treat ocular and rare diseases. Adverum Biotechnologies, Inc. was incorporated in 2006 and is headquartered in Redwood City, California. Adverum Biotechnlgs operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 188 people.Things to note about Adverum Biotechnologies performance evaluation
Checking the ongoing alerts about Adverum Biotechnologies for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Adverum Biotechnologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Adverum Biotechnologies generated a negative expected return over the last 90 days | |
| Adverum Biotechnologies has high historical volatility and very poor performance | |
| Adverum Biotechnologies has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 3.6 M. Net Loss for the year was (117.17 M) with loss before overhead, payroll, taxes, and interest of (67.22 M). | |
| Adverum Biotechnologies currently holds about 235.84 M in cash with (90.9 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.37. | |
| Adverum Biotechnologies has a frail financial position based on the latest SEC disclosures | |
| Roughly 75.0% of the company shares are held by institutions such as insurance companies |
- Analyzing Adverum Biotechnologies' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Adverum Biotechnologies' stock is overvalued or undervalued compared to its peers.
- Examining Adverum Biotechnologies' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Adverum Biotechnologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Adverum Biotechnologies' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Adverum Biotechnologies' stock. These opinions can provide insight into Adverum Biotechnologies' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adverum Biotechnologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. To learn how to invest in Adverum Stock, please use our How to Invest in Adverum Biotechnologies guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Biotechnology 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 Adverum Biotechnologies. If investors know Adverum 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 Adverum Biotechnologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Adverum Biotechnologies is measured differently than its book value, which is the value of Adverum that is recorded on the company's balance sheet. Investors also form their own opinion of Adverum Biotechnologies' value that differs from its market value or its book value, called intrinsic value, which is Adverum Biotechnologies' 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 Adverum Biotechnologies' market value can be influenced by many factors that don't directly affect Adverum Biotechnologies' 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 Adverum Biotechnologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Adverum Biotechnologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adverum Biotechnologies' 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.