Avaron Mining Total Asset vs. Return On Equity
| AVR Stock | 0.07 0.01 27.27% |
Avaron Mining Total Assets |
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For Avaron Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Avaron Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Avaron Mining Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Avaron Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Avaron Mining Corp over time as well as its relative position and ranking within its peers.
Avaron |
Avaron Mining Corp Return On Equity vs. Total Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Avaron Mining's current stock value. Our valuation model uses many indicators to compare Avaron Mining value to that of its competitors to determine the firm's financial worth. Avaron Mining Corp is number one stock in total asset category among its peers. It also is number one stock in return on equity category among its peers . At this time, Avaron Mining's Total Assets are fairly stable compared to the past year. 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 Avaron Mining's earnings, one of the primary drivers of an investment's value.Avaron Return On Equity vs. Total Asset
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Avaron Mining |
| = | 944.27 K |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Avaron Mining |
| = | -0.46 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Avaron Return On Equity Comparison
Avaron Mining is currently under evaluation in return on equity category among its peers.
Avaron Mining Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Avaron Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Avaron Mining will eventually generate negative long term returns. The profitability progress is the general direction of Avaron Mining's change in net profit over the period of time. It can combine multiple indicators of Avaron Mining, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Operating Income | -456.9 K | -434.1 K | |
| Net Loss | -456.9 K | -434.1 K | |
| Income Before Tax | -456.9 K | -434.1 K | |
| Net Loss | -456.9 K | -434.1 K |
Avaron Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Avaron Mining. 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 Avaron Mining 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 Avaron Mining's important profitability drivers and their relationship over time.
Use Avaron Mining 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 Avaron Mining 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 Avaron Mining will appreciate offsetting losses from the drop in the long position's value.Avaron Mining Pair Trading
Avaron Mining Corp Pair Trading Analysis
The ability to find closely correlated positions to Avaron Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avaron Mining 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 Avaron Mining - 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 Avaron Mining Corp to buy it.
The correlation of Avaron Mining 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 Avaron Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avaron Mining Corp 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 Avaron Mining 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 Avaron Mining position
In addition to having Avaron Mining 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 ESG Investing Thematic Idea Now
ESG Investing
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Additional Tools for Avaron Stock Analysis
When running Avaron Mining's price analysis, check to measure Avaron Mining's 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 Avaron Mining is operating at the current time. Most of Avaron Mining's value examination focuses on studying past and present price action to predict the probability of Avaron Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avaron Mining's price. Additionally, you may evaluate how the addition of Avaron Mining to your portfolios can decrease your overall portfolio volatility.