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Adit EdTech Acquisition Corp. (ADEX)

Equity · Currency in USD · Last updated Jul 1, 2022

Company Info

ISINUS0070241023
CUSIP7024102
SectorFinancial Services
IndustryShell Companies

Trading Data

Previous Close$9.84
Year Range$9.61 - $9.99
EMA (50)$9.84
EMA (200)$9.81
Average Volume$78.07K
Market Capitalization$339.48M

ADEXShare Price Chart


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ADEXPerformance

The chart shows the growth of $10,000 invested in Adit EdTech Acquisition Corp. on Mar 4, 2021 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $10,082 for a total return of roughly 0.82%. All prices are adjusted for splits and dividends.


ADEX (Adit EdTech Acquisition Corp.)
Benchmark (^GSPC)

ADEXReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M-0.20%-8.97%
YTD-0.61%-20.58%
6M-0.21%-21.02%
1Y1.65%-12.33%
5Y0.64%-2.55%
10Y0.64%-2.55%

ADEXMonthly Returns Heatmap


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ADEXSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Adit EdTech Acquisition Corp. Sharpe ratio is 0.46. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

The chart below displays rolling 12-month Sharpe Ratio.


ADEX (Adit EdTech Acquisition Corp.)
Benchmark (^GSPC)

ADEXDividend History


Adit EdTech Acquisition Corp. doesn't pay dividends

ADEXDrawdowns Chart

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


ADEX (Adit EdTech Acquisition Corp.)
Benchmark (^GSPC)

ADEXWorst Drawdowns

The table below shows the maximum drawdowns of the Adit EdTech Acquisition Corp.. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Adit EdTech Acquisition Corp. is 2.34%, recorded on Aug 23, 2021. It took 59 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-2.34%Apr 19, 202183Aug 23, 202159Nov 24, 2021142
-1.95%Mar 8, 202114Mar 25, 202111Apr 12, 202125
-1.9%Nov 26, 2021130Jun 2, 2022
-0.72%Mar 4, 20211Mar 4, 20211Mar 5, 20212
-0.1%Apr 13, 20211Apr 13, 20211Apr 14, 20212

ADEXVolatility Chart

Current Adit EdTech Acquisition Corp. volatility is 1.09%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


ADEX (Adit EdTech Acquisition Corp.)
Benchmark (^GSPC)

Portfolios with Adit EdTech Acquisition Corp.


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