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Adit EdTech Acquisition Corp. (ADEX)

Equity · Currency in USD · Last updated Nov 25, 2023
SummaryFinancials

Company Info

ISINUS0070241023
CUSIP7024102
SectorFinancial Services
IndustryShell Companies

Highlights

Market Cap$96.48M
EPS-$0.19
Year Range$9.81 - $11.38
Short %0.01%
Short Ratio0.13

Share Price Chart


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Performance

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.


6.00%8.00%10.00%12.00%14.00%16.00%18.00%JuneJulyAugustSeptemberOctoberNovember
10.96%
16.54%
ADEX (Adit EdTech Acquisition Corp.)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with ADEX

Adit EdTech Acquisition Corp.

Return

Adit EdTech Acquisition Corp. had a return of 7.12% year-to-date (YTD) and 8.30% in the last 12 months.


PeriodReturnBenchmark
Year-To-Date7.12%18.75%
1 month1.88%8.90%
6 months4.13%8.42%
1 year8.30%13.21%
5 years (annualized)N/A11.63%
10 years (annualized)N/A9.74%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2023-0.10%1.26%0.96%-0.00%0.38%0.66%-0.09%

Risk-Adjusted Performance

This table presents a comparison of risk-adjusted performance metrics for Adit EdTech Acquisition Corp. (ADEX) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
ADEX
Adit EdTech Acquisition Corp.
1.20
^GSPC
S&P 500
0.98

Sharpe Ratio

The current Adit EdTech Acquisition Corp. Sharpe ratio is 1.20. A Sharpe ratio greater than 1.0 is considered acceptable.


Rolling 12-month Sharpe Ratio0.000.501.001.50JuneJulyAugustSeptemberOctoberNovember
1.20
0.98
ADEX (Adit EdTech Acquisition Corp.)
Benchmark (^GSPC)

Dividend History


Adit EdTech Acquisition Corp. doesn't pay dividends

Drawdowns Chart

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


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.09%
-4.95%
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 2.34%, occurring on Aug 23, 2021. Recovery took 59 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-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
-1.95%Mar 8, 202114Mar 25, 202111Apr 12, 202125
-1.9%Nov 26, 2021130Jun 2, 2022116Nov 16, 2022246

Volatility Chart

The current Adit EdTech Acquisition Corp. volatility is 0.85%, 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%1.00%2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember
0.85%
3.39%
ADEX (Adit EdTech Acquisition Corp.)
Benchmark (^GSPC)

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