| AWX Stock | | | USD 3.15 0.03 0.94% |
Avalon Holdings financial indicator trend analysis is way more than just evaluating Avalon Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Avalon Holdings is a good investment. Please check the relationship between Avalon Holdings Minority Interest and its Net Interest Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Avalon Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
For more information on how to buy Avalon Stock please use our
How to Invest in Avalon Holdings guide.
Minority Interest vs Net Interest Income
Minority Interest vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Avalon Holdings Minority Interest account and
Net Interest Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Avalon Holdings' Minority Interest and Net Interest Income is -0.45. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Avalon Holdings, assuming nothing else is changed. The correlation between historical values of Avalon Holdings' Minority Interest and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Avalon Holdings are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Minority Interest i.e., Avalon Holdings' Minority Interest and Net Interest Income go up and down completely randomly.
Correlation Coefficient | -0.45 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Avalon Holdings whose combined shares represent less than 50% of the total outstanding shares issued by Avalon Holdings have a minority interest in Avalon Holdings.
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most indicators from Avalon Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Avalon Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Avalon Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
For more information on how to buy Avalon Stock please use our
How to Invest in Avalon Holdings guide.At this time, Avalon Holdings'
Tax Provision is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.17 in 2024, whereas
Selling General Administrative is likely to drop slightly above 6.8
M in 2024.
Avalon Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Avalon Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Avalon Holdings fundamental ratios Accounts
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Additional Tools for Avalon Stock Analysis
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measure Avalon Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Avalon Holdings is operating at the current time. Most of Avalon Holdings' value examination focuses on studying past and present price action to
predict the probability of Avalon Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avalon Holdings' price. Additionally, you may evaluate how the addition of Avalon Holdings to your portfolios can decrease your overall portfolio volatility.