Avax Techs Price To Sales vs. Gross Profit
Based on Avax Techs' profitability indicators, Avax Techs may not be well positioned to generate adequate gross income at this time. It has a very high odds of underperforming in December. Profitability indicators assess Avax Techs' ability to earn profits and add value for shareholders.
Price To Sales Ratio is likely to drop to 21.04 in 2024. Days Sales Outstanding is likely to drop to 107.77 in 2024. Income Quality is likely to gain to 0.96 in 2024, whereas Operating Income is likely to drop (5.6 M) in 2024.
Check out Trending Equities. For more information on how to buy Avax Stock please use our How to Invest in Avax Techs guide.
Avax Techs Price To Sales Ratio |
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| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Operating Profit Margin | 9.92 | 12.47 |
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For Avax Techs profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Avax Techs to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Avax Techs utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Avax Techs's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Avax Techs over time as well as its relative position and ranking within its peers.
Avax |
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Avax Techs. If investors know Avax will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Avax Techs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 0.001 | Quarterly Revenue Growth 3.749 | Return On Assets (4.57) |
The market value of Avax Techs is measured differently than its book value, which is the value of Avax that is recorded on the company's balance sheet. Investors also form their own opinion of Avax Techs' value that differs from its market value or its book value, called intrinsic value, which is Avax Techs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Avax Techs' market value can be influenced by many factors that don't directly affect Avax Techs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Avax Techs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Avax Techs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avax Techs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Avax Techs Gross Profit vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Avax Techs's current stock value. Our valuation model uses many indicators to compare Avax Techs value to that of its competitors to determine the firm's financial worth. Avax Techs is number one stock in price to sales category among its peers. It also is number one stock in gross profit category among its peers fabricating about 3,164 of Gross Profit per Price To Sales. At this time, Avax Techs' Price To Sales Ratio is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Avax Techs by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Avax Gross Profit vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Avax Techs |
| = | 45.03 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Avax Techs |
| = | 142.5 K |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Avax Techs Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Avax Techs, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Avax Techs will eventually generate negative long term returns. The profitability progress is the general direction of Avax Techs' change in net profit over the period of time. It can combine multiple indicators of Avax Techs, 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 | -5.3 M | -5.6 M | |
| Net Loss | -10.8 M | -11.3 M | |
| Income Before Tax | -10.8 M | -11.3 M | |
| Total Other Income Expense Net | -5.5 M | -5.2 M | |
| Net Loss | -10.8 M | -11.3 M | |
| Net Loss | -10.8 M | -11.3 M | |
| Change To Netincome | 8.3 M | 4.1 M | |
| Net Loss | (0.05) | (0.05) | |
| Income Quality | 0.85 | 0.96 | |
| Net Loss | (1.16) | (1.22) |
Avax Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Avax Techs. 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 Avax Techs 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 Avax Techs' important profitability drivers and their relationship over time.
Use Avax Techs 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 Avax Techs 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 Avax Techs will appreciate offsetting losses from the drop in the long position's value.Avax Techs Pair Trading
Avax Techs Pair Trading Analysis
The ability to find closely correlated positions to Avax Techs could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avax Techs 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 Avax Techs - 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 Avax Techs to buy it.
The correlation of Avax Techs 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 Avax Techs moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avax Techs 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 Avax Techs 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 Avax Techs position
In addition to having Avax Techs 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 Financials Thematic Idea Now
Financials
Companies that provide financial services to business or retail customers. The Financials theme has 20 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 Financials Theme or any other thematic opportunities.
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Additional Tools for Avax Stock Analysis
When running Avax Techs' price analysis, check to measure Avax Techs' 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 Avax Techs is operating at the current time. Most of Avax Techs' value examination focuses on studying past and present price action to predict the probability of Avax Techs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avax Techs' price. Additionally, you may evaluate how the addition of Avax Techs to your portfolios can decrease your overall portfolio volatility.