Avalon Non Operating Income Net Other from 2010 to 2024

AWX Stock  USD 2.23  0.09  4.21%   
Avalon Holdings Non Operating Income Net Other yearly trend continues to be fairly stable with very little volatility. Non Operating Income Net Other is likely to outpace its year average in 2024. During the period from 2010 to 2024, Avalon Holdings Non Operating Income Net Other regression line of annual values had r-squared of  0.39 and arithmetic mean of  664,589. View All Fundamentals
 
Non Operating Income Net Other  
First Reported
2011-06-30
Previous Quarter
1.2 M
Current Value
M
Quarterly Volatility
255.1 K
 
Yuan Drop
 
Covid
Check Avalon Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Avalon main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.5 M, Interest Expense of 2.2 M or Selling General Administrative of 6.8 M, as well as many exotic indicators such as Price To Sales Ratio of 0.11, Dividend Yield of 0.003 or PTB Ratio of 0.34. Avalon financial statements analysis is a perfect complement when working with Avalon Holdings Valuation or Volatility modules.
  
This module can also supplement various Avalon Holdings Technical models . Check out the analysis of Avalon Holdings Correlation against competitors.
For more information on how to buy Avalon Stock please use our How to Invest in Avalon Holdings guide.

Latest Avalon Holdings' Non Operating Income Net Other Growth Pattern

Below is the plot of the Non Operating Income Net Other of Avalon Holdings over the last few years. It is Avalon Holdings' Non Operating Income Net Other historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Avalon Holdings' overall financial position and show how it may be relating to other accounts over time.
Non Operating Income Net Other10 Years Trend
Slightly volatile
   Non Operating Income Net Other   
       Timeline  

Avalon Non Operating Income Net Other Regression Statistics

Arithmetic Mean664,589
Geometric Mean528,565
Coefficient Of Variation67.19
Mean Deviation406,228
Median329,000
Standard Deviation446,508
Sample Variance199.4B
Range1.1M
R-Value0.63
Mean Square Error130B
R-Squared0.39
Significance0.01
Slope62,704
Total Sum of Squares2.8T

Avalon Non Operating Income Net Other History

20241.4 M
20231.3 M
20201.1 M
2019329 K
2018284 K
2017276 K
2016281 K

About Avalon Holdings Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Avalon Holdings income statement, its balance sheet, and the statement of cash flows. Avalon Holdings investors use historical funamental indicators, such as Avalon Holdings's Non Operating Income Net Other, to determine how well the company is positioned to perform in the future. Although Avalon Holdings investors may use each financial statement separately, they are all related. The changes in Avalon Holdings's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Avalon Holdings's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Avalon Holdings Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Avalon Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Non Operating Income Net Other1.3 M1.4 M

Pair Trading with Avalon Holdings

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 Avalon Holdings 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 Avalon Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving against Avalon Stock

  0.43BE Bloom Energy Corp Earnings Call This WeekPairCorr
The ability to find closely correlated positions to Avalon Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avalon Holdings 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 Avalon Holdings - 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 Avalon Holdings to buy it.
The correlation of Avalon Holdings 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 Avalon Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avalon Holdings 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 Avalon Holdings 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.
Pair CorrelationCorrelation Matching
When determining whether Avalon Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Avalon Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Avalon Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Avalon Holdings Stock:
Check out the analysis of Avalon Holdings Correlation against competitors.
For more information on how to buy Avalon Stock please use our How to Invest in Avalon Holdings guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for Avalon Stock analysis

When running Avalon Holdings' price analysis, check to 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.
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Is Avalon Holdings' industry 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 Avalon Holdings. If investors know Avalon 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 Avalon Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.24)
Earnings Share
(0.46)
Revenue Per Share
20.65
Quarterly Revenue Growth
(0.19)
Return On Assets
(0)
The market value of Avalon Holdings is measured differently than its book value, which is the value of Avalon that is recorded on the company's balance sheet. Investors also form their own opinion of Avalon Holdings' value that differs from its market value or its book value, called intrinsic value, which is Avalon Holdings' 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 Avalon Holdings' market value can be influenced by many factors that don't directly affect Avalon Holdings' 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 Avalon Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Avalon Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avalon Holdings' 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.