Performance analysis of AvidXchange (AVDX)
Annual Return
Over the past 3 years, AVDX has had an average annual return of -7.67%, underperforming the benchmark SPY, which returned +20.21% annual.
Since Oct 13, 2021, AVDX has had an average annual return of -20.39%, underperforming the benchmark SPY, which returned +12.74% annual.
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| -3.28% | -16.55% | +24.64% | -33.98% | -39.62% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | +2.51% | -28.31% | +11.59% | -4.12% | +20.40% | +0% | +0.71% | +0.83% | +0.10% | +0.50% | -3.28% | ||
| 2024 | -11.53% | +21.25% | -1.05% | -11.34% | -9.18% | +13.90% | -25.87% | -9.74% | +0.49% | +1.60% | +38.83% | -9.61% | -16.55% |
| 2023 | +11.87% | -10.52% | -21.60% | -4.76% | +30.41% | +7.13% | +19.56% | -17.16% | -7.79% | -8.87% | +23.50% | +16.13% | +24.64% |
| 2022 | -31.20% | -7.05% | -16.39% | +1.73% | +7.19% | -30.06% | +17.59% | +7.88% | +8.10% | +8.09% | -5.29% | +15.34% | -33.98% |
| 2021 | -10.87% | -3.90% | -29.50% | -39.62% |
Drawdown analysis of AvidXchange (AVDX)
The maximum drawdown for the AVDX was -76.89%, occurring on Jun 30, 2022. This drawdown has not yet recovered.
The current AVDX drawdown is -62.36%.
Since Oct 13, 2021 AVDX has experienced the following drawdowns:
- 50% or more: 1 time
- 40% or more: 1 time
- 30% or more: 1 time
- 20% or more: 1 time
- 10% or more: 2 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -76.89% | Nov 19, 2021 | 152 | Jun 30, 2022 | Ongoing | Ongoing | Ongoing |
| -15.88% | Oct 13, 2021 | 8 | Oct 25, 2021 | 13 | Nov 11, 2021 | 21 |
| -9.51% | Nov 12, 2021 | 4 | Nov 18, 2021 | 1 | Nov 19, 2021 | 5 |