PortfoliosLab logo

Adit EdTech Acquisition Corp. (ADEX)

Equity · Currency in USD · Last updated Nov 29, 2022

Company Info

ISINUS0070241023
CUSIP7024102
SectorFinancial Services
IndustryShell Companies

Trading Data

Previous Close$10.01
Year Range$9.80 - $10.01
EMA (50)$9.95
EMA (200)$9.89
Average Volume$124.93K
Market Capitalization$345.34M

ADEXShare Price Chart


Loading data...

ADEXPerformance

The chart shows the growth of $10,000 invested in Adit EdTech Acquisition Corp. in Mar 2021 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $10,256 for a total return of roughly 2.56%. All prices are adjusted for splits and dividends.


-10.00%-5.00%0.00%5.00%JulyAugustSeptemberOctoberNovember
1.83%
-3.35%
ADEX (Adit EdTech Acquisition Corp.)
Benchmark (^GSPC)

ADEXCompare to other instruments

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

ADEXReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M0.50%1.61%
6M1.52%-4.67%
YTD1.11%-16.83%
1Y1.01%-13.73%
5Y1.51%0.78%
10Y1.51%0.78%

ADEXMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-0.30%0.20%-0.10%-0.10%-0.05%-0.25%0.20%0.20%0.10%0.71%0.50%
2021-1.33%0.83%-0.51%0.31%-0.00%-0.41%0.93%-0.00%2.16%-0.50%

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 0.39. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.500.000.50JulyAugustSeptemberOctoberNovember
0.39
-0.57
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.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%December2022FebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovember0
-17.36%
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, 2022116Nov 16, 2022246
-0.72%Mar 4, 20211Mar 4, 20211Mar 5, 20212
-0.1%Apr 13, 20211Apr 13, 20211Apr 14, 20212
-0.05%Nov 23, 20221Nov 23, 20221Nov 25, 20222

ADEXVolatility Chart

Current Adit EdTech Acquisition Corp. volatility is 1.49%. 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.


0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovember
1.49%
14.31%
ADEX (Adit EdTech Acquisition Corp.)
Benchmark (^GSPC)