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AvidXchange Holdings, Inc. (AVDX)

Equity · Currency in USD · Last updated Nov 28, 2022

Company Info

ISINUS05368X1028
CUSIP05368X102
SectorTechnology
IndustrySoftware—Infrastructure

Trading Data

Previous Close$8.60
Year Range$6.14 - $21.62
EMA (50)$8.38
EMA (200)$9.93
Average Volume$1.75M
Market Capitalization$1.71B

AVDXShare Price Chart


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AVDXPerformance

The chart shows the growth of $10,000 invested in AvidXchange Holdings, Inc. in Oct 2021 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $3,448 for a total return of roughly -65.52%. All prices are adjusted for splits and dividends.


-30.00%-20.00%-10.00%0.00%10.00%JuneJulyAugustSeptemberOctoberNovember
-2.05%
-2.57%
AVDX (AvidXchange Holdings, Inc.)
Benchmark (^GSPC)

AVDXCompare to other instruments

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

AVDXReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M-3.37%4.33%
6M-10.97%-0.78%
YTD-42.90%-15.53%
1Y-60.28%-14.36%
5Y-61.38%-6.94%
10Y-61.38%-6.94%

AVDXMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-31.21%-7.05%-16.41%1.74%7.20%-30.07%17.59%7.89%8.09%8.08%-5.49%
2021-10.87%-3.91%-29.49%

AVDXSharpe 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 AvidXchange Holdings, Inc. Sharpe ratio is -0.81. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-0.90-0.80-0.70-0.60Oct 16Oct 23Oct 30Nov 06Nov 13Nov 20
-0.81
-0.60
AVDX (AvidXchange Holdings, Inc.)
Benchmark (^GSPC)

AVDXDividend History


AvidXchange Holdings, Inc. doesn't pay dividends

AVDXDrawdowns Chart

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


-80.00%-60.00%-40.00%-20.00%0.00%December2022FebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovember
-67.63%
-16.06%
AVDX (AvidXchange Holdings, Inc.)
Benchmark (^GSPC)

AVDXWorst Drawdowns

The table below shows the maximum drawdowns of the AvidXchange Holdings, Inc.. 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 AvidXchange Holdings, Inc. is 76.89%, recorded on Jun 30, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-76.89%Nov 22, 2021152Jun 30, 2022
-15.88%Oct 14, 20218Oct 25, 202113Nov 11, 202121
-9.52%Nov 15, 20214Nov 18, 20211Nov 19, 20215

AVDXVolatility Chart

Current AvidXchange Holdings, Inc. volatility is 55.58%. 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.


20.00%40.00%60.00%80.00%100.00%JuneJulyAugustSeptemberOctoberNovember
55.58%
12.31%
AVDX (AvidXchange Holdings, Inc.)
Benchmark (^GSPC)