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Adit EdTech Acquisition Corp. (ADEX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Company Info

ISINUS0070241023
CUSIP7024102
SectorFinancial Services
IndustryShell Companies

Highlights

Market Cap$47.88M
EPS-$0.19
EBITDA (TTM)-$219.41M
Year Range$3.07 - $12.39
Target Price$3.83
Short %0.62%
Short Ratio0.57

Share Price Chart


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Adit EdTech Acquisition Corp.

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Adit EdTech Acquisition Corp., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-60.00%-40.00%-20.00%0.00%20.00%Oct 29Nov 05Nov 12Nov 19Nov 26Dec 03Dec 10Dec 17Dec 24Dec 31Jan 07
-49.39%
14.18%
ADEX (Adit EdTech Acquisition Corp.)
Benchmark (^GSPC)

S&P 500

Returns By Period


PeriodReturnBenchmark
Year-To-DateN/A6.30%
1 monthN/A-3.13%
6 monthsN/A19.37%
1 yearN/A22.56%
5 years (annualized)N/A11.65%
10 years (annualized)N/A10.55%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20230.66%-0.09%-25.14%-32.58%

Risk-Adjusted Performance

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Adit EdTech Acquisition Corp. (ADEX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


ADEX
Sharpe ratio
No data
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.92, compared to the broader market-2.00-1.000.001.002.003.001.92
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.78, compared to the broader market-4.00-2.000.002.004.006.002.78
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.33, compared to the broader market0.501.001.501.33
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.47, compared to the broader market0.001.002.003.004.005.001.47
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 7.64, compared to the broader market0.0010.0020.0030.007.64

Sharpe Ratio


Rolling 12-month Sharpe Ratio-1.50-1.00-0.500.000.501.001.502.00Oct 29Nov 05Nov 12Nov 19Nov 26Dec 03Dec 10Dec 17Dec 24Dec 31Jan 07
-0.69
1.70
ADEX (Adit EdTech Acquisition Corp.)
Benchmark (^GSPC)

Dividends

Dividend History


Adit EdTech Acquisition Corp. doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%Oct 29Nov 05Nov 12Nov 19Nov 26Dec 03Dec 10Dec 17Dec 24Dec 31Jan 07
-51.75%
-0.34%
ADEX (Adit EdTech Acquisition Corp.)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Adit EdTech Acquisition Corp.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Adit EdTech Acquisition Corp. was 65.83%, occurring on Dec 26, 2023. The portfolio has not yet recovered.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-65.83%Dec 8, 202312Dec 26, 2023
-26.38%Nov 24, 20235Nov 30, 20234Dec 6, 20239
-2.34%Apr 19, 202183Aug 23, 202159Nov 24, 2021142
-2.27%Dec 6, 20224Dec 9, 20227Dec 20, 202211
-1.97%Jun 30, 20232Jul 3, 202346Sep 7, 202348

Volatility

Volatility Chart

The current Adit EdTech Acquisition Corp. volatility is 58.46%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%20.00%40.00%60.00%80.00%Oct 29Nov 05Nov 12Nov 19Nov 26Dec 03Dec 10Dec 17Dec 24Dec 31Jan 07
58.46%
3.09%
ADEX (Adit EdTech Acquisition Corp.)
Benchmark (^GSPC)

Financials

Financial Performance

The chart below illustrates the trends in the financial health of Adit EdTech Acquisition Corp. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

Annual
Quarterly

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Income Statement


Income Statement
Balance Sheet
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TTM
Revenue

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Cost Of Revenue

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Operating Expenses

Selling, General & Admin Expenses

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Income

Income Before Tax

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Operating Income

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EBIT

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Earnings From Continuing Operations

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Net Income

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Income Tax Expense

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Interest Expense

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Other Non-Operating Income (Expenses)

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Extraordinary Items

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Discontinued Operations

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Effect Of Accounting Charges

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Non Recurring

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Minority Interest

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Other Items

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Values in undefined except per share items