Avangrid Pretax Profit Margin from 2010 to 2024
AGR Stock | USD 37.05 0.18 0.49% |
Pretax Profit Margin | First Reported 2010-12-31 | Previous Quarter 0.07895054 | Current Value 0.11 | Quarterly Volatility 0.03304018 |
Check Avangrid financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Avangrid main balance sheet or income statement drivers, such as Interest Expense of 429.4 M, Total Revenue of 8.7 B or Gross Profit of 2.9 B, as well as many exotic indicators such as Price To Sales Ratio of 1.31, Dividend Yield of 0.0479 or PTB Ratio of 0.61. Avangrid financial statements analysis is a perfect complement when working with Avangrid Valuation or Volatility modules.
Avangrid | Pretax Profit Margin |
Latest Avangrid's Pretax Profit Margin Growth Pattern
Below is the plot of the Pretax Profit Margin of Avangrid over the last few years. It is Avangrid's Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Avangrid's overall financial position and show how it may be relating to other accounts over time.
Pretax Profit Margin | 10 Years Trend |
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Pretax Profit Margin |
Timeline |
Avangrid Pretax Profit Margin Regression Statistics
Arithmetic Mean | 0.10 | |
Geometric Mean | 0.1 | |
Coefficient Of Variation | 32.09 | |
Mean Deviation | 0.02 | |
Median | 0.11 | |
Standard Deviation | 0.03 | |
Sample Variance | 0 | |
Range | 0.147 | |
R-Value | (0.17) | |
Mean Square Error | 0 | |
R-Squared | 0.03 | |
Significance | 0.55 | |
Slope | (0) | |
Total Sum of Squares | 0.02 |
Avangrid Pretax Profit Margin History
About Avangrid Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Avangrid income statement, its balance sheet, and the statement of cash flows. Avangrid investors use historical funamental indicators, such as Avangrid's Pretax Profit Margin, to determine how well the company is positioned to perform in the future. Although Avangrid investors may use each financial statement separately, they are all related. The changes in Avangrid's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Avangrid'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 Avangrid Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Avangrid. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.08 | 0.11 |
Avangrid Investors Sentiment
The influence of Avangrid's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Avangrid. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Avangrid's public news can be used to forecast risks associated with an investment in Avangrid. The trend in average sentiment can be used to explain how an investor holding Avangrid can time the market purely based on public headlines and social activities around Avangrid. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Avangrid's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Avangrid's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Avangrid's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Avangrid.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Avangrid in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Avangrid's short interest history, or implied volatility extrapolated from Avangrid options trading.
Pair Trading with Avangrid
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 Avangrid 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 Avangrid will appreciate offsetting losses from the drop in the long position's value.Moving together with Avangrid Stock
0.91 | D | Dominion Energy Financial Report 3rd of May 2024 | PairCorr |
0.8 | ES | Eversource Energy Financial Report 1st of May 2024 | PairCorr |
0.81 | FE | FirstEnergy Earnings Call This Week | PairCorr |
Moving against Avangrid Stock
0.9 | HE | Hawaiian Electric Financial Report 14th of May 2024 | PairCorr |
0.48 | EDN | Empresa Distribuidora Financial Report 9th of May 2024 | PairCorr |
0.41 | EBR | Centrais Electricas Financial Report 2nd of May 2024 | PairCorr |
The ability to find closely correlated positions to Avangrid could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avangrid 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 Avangrid - 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 Avangrid to buy it.
The correlation of Avangrid 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 Avangrid moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avangrid 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 Avangrid 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.Check out the analysis of Avangrid Correlation against competitors. To learn how to invest in Avangrid Stock, please use our How to Invest in Avangrid guide.Note that the Avangrid information on this page should be used as a complementary analysis to other Avangrid's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for Avangrid Stock analysis
When running Avangrid's price analysis, check to measure Avangrid'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 Avangrid is operating at the current time. Most of Avangrid's value examination focuses on studying past and present price action to predict the probability of Avangrid's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avangrid's price. Additionally, you may evaluate how the addition of Avangrid to your portfolios can decrease your overall portfolio volatility.
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Is Avangrid's 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 Avangrid. If investors know Avangrid 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 Avangrid 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 1.773 | Dividend Share 1.76 | Earnings Share 2.03 | Revenue Per Share 21.481 | Quarterly Revenue Growth 0.057 |
The market value of Avangrid is measured differently than its book value, which is the value of Avangrid that is recorded on the company's balance sheet. Investors also form their own opinion of Avangrid's value that differs from its market value or its book value, called intrinsic value, which is Avangrid's 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 Avangrid's market value can be influenced by many factors that don't directly affect Avangrid's 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 Avangrid's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avangrid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avangrid's 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.