AVITA Medical Revenue vs. Net Income
| 51KB Stock | EUR 2.36 0.02 0.85% |
For AVITA Medical profitability analysis, we use financial ratios and fundamental drivers that measure the ability of AVITA Medical to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well AVITA Medical utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between AVITA Medical's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of AVITA Medical over time as well as its relative position and ranking within its peers.
AVITA |
AVITA Medical Net Income vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining AVITA Medical's current stock value. Our valuation model uses many indicators to compare AVITA Medical value to that of its competitors to determine the firm's financial worth. AVITA Medical is rated below average in revenue category among its peers. It also is rated below average in net income category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the AVITA Medical's earnings, one of the primary drivers of an investment's value.AVITA Net Income vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
AVITA Medical |
| = | 29.23 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
AVITA Medical |
| = | (26.58 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
AVITA Net Income Comparison
AVITA Medical is currently under evaluation in net income category among its peers.
AVITA Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on AVITA Medical. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of AVITA Medical position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the AVITA Medical's important profitability drivers and their relationship over time.
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Use AVITA Medical in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AVITA Medical position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AVITA Medical will appreciate offsetting losses from the drop in the long position's value.AVITA Medical Pair Trading
AVITA Medical Pair Trading Analysis
The ability to find closely correlated positions to AVITA Medical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AVITA Medical when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AVITA Medical - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AVITA Medical to buy it.
The correlation of AVITA Medical is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AVITA Medical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AVITA Medical moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AVITA Medical can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your AVITA Medical position
In addition to having AVITA Medical in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Robots And Drones Thematic Idea Now
Robots And Drones
Large technology companies that are involved in development and manufacturing of drones, robots, or robotic equipment across mechanical engineering, electrical engineering, mathematics and computer science fields. Drones and robotics are projected to significantly grow in demand in the next 5 years. The Robots And Drones theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Robots And Drones Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in AVITA Stock
When determining whether AVITA Medical is a strong investment it is important to analyze AVITA Medical's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact AVITA Medical's future performance. For an informed investment choice regarding AVITA Stock, refer to the following important reports:Check out Trending Equities. For more detail on how to invest in AVITA Stock please use our How to Invest in AVITA Medical guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
To fully project AVITA Medical's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of AVITA Medical at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include AVITA Medical's income statement, its balance sheet, and the statement of cash flows.