Avino Average Equity Trend from 2010 to 2022

ASM
 Stock
  

USD 0.62  0.03  4.62%   

Avino Silver Average Equity yearly trend continues to be relatively stable with very little volatility. The value of Average Equity is projected to decrease to about 70.1 M. During the period from 2010 to 2022, Avino Silver Average Equity yarly data series regression line had median of 56,932,250 and range of  54,724,858. Avino Silver Operating Expenses is relatively stable at the moment as compared to the past year. The company's current value of Operating Expenses is estimated at 5.07 Million. Revenues is expected to hike to about 11.5 M this year, although the value of Earning Before Interest and Taxes EBIT will most likely fall to (1.7 M).
  
Check Avino Silver financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Avino main balance sheet or income statement drivers, such as Cost of Revenue of 7.9 M, Gross Profit of 4.2 M or Interest Expense of 78 K, as well as many exotic indicators such as Asset Turnover of 0.19, Book Value per Share of 0.84 or Current Ratio of 9.96. Avino financial statements analysis is a perfect complement when working with Avino Silver Valuation or Volatility modules. It can also supplement various Avino Silver Technical models . Please continue to the analysis of Avino Silver Correlation against competitors.

Avino Average Equity Breakdown

Showing smoothed Average Equity of Avino Silver Gold with missing and latest data points interpolated. Average equity value for the period used in calculation of Return on Average Equity; derived from Shareholders Equity.Avino Silver's Average Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Avino Silver's overall financial position and show how it may be relating to other accounts over time.
Average Equity10 Years Trend
Increasing
Slightly volatile
   Average Equity   
Share
       Timeline  

Avino Average Equity Regression Statistics

Arithmetic Mean 50,345,933
Geometric Mean 45,386,747
Coefficient Of Variation 42.76
Mean Deviation 19,010,858
Median 56,932,250
Standard Deviation 21,526,734
Range 54,724,858
R-Value 0.91
R-Squared 0.84
Significance 0.00001258
Slope 5,051,125

Avino Average Equity History

201222.3 M
201324.3 M
201439 M
201546 M
201660.2 M
201766 M
201873.3 M
201972.5 M
202056.9 M
202177 M
202270.1 M

Other Fundumenentals of Avino Silver Gold

Avino Silver Average Equity component correlations

About Avino Silver Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Avino Silver income statement, its balance sheet, and the statement of cash flows. Avino Silver investors use historical funamental indicators, such as Avino Silver's Average Equity, to determine how well the company is positioned to perform in the future. Although Avino Silver investors may use each financial statement separately, they are all related. The changes in Avino Silver's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Avino Silver'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 Avino Silver Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Avino Silver. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Return on Average Equity(0.027) (0.0291) 
Average Assets84 M84.6 M
Average Equity77 M70.1 M
Invested Capital Average56.4 M64.5 M
Avino Silver Gold Mines Ltd., together with its subsidiaries, engages in the acquisition, exploration, and advancement of mineral properties in Canada. The company was incorporated in 1968 and is headquartered in Vancouver, Canada. Avino Silver operates under Other Precious Metals Mining classification in the United States and is traded on NYSEMKT Exchange.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Avino Silver without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Avino Silver

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 Avino Silver 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 Avino Silver will appreciate offsetting losses from the drop in the long position's value.

Moving together with Avino Silver

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The ability to find closely correlated positions to Avino Silver could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avino Silver 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 Avino Silver - 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 Avino Silver Gold to buy it.
The correlation of Avino Silver is a statistical measure of how it moves in relation to other equities. 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 Avino Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avino Silver Gold 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 Avino Silver 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
Please continue to the analysis of Avino Silver Correlation against competitors. Note that the Avino Silver Gold information on this page should be used as a complementary analysis to other Avino Silver'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 Stock Screener module to find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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When running Avino Silver Gold price analysis, check to measure Avino Silver'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 Avino Silver is operating at the current time. Most of Avino Silver's value examination focuses on studying past and present price action to predict the probability of Avino Silver's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Avino Silver's price. Additionally, you may evaluate how the addition of Avino Silver to your portfolios can decrease your overall portfolio volatility.
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Is Avino Silver'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 Avino Silver. If investors know Avino 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 Avino Silver listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
77.3 M
Quarterly Revenue Growth YOY
380.03
Return On Assets
0.0508
Return On Equity
0.0613
The market value of Avino Silver Gold is measured differently than its book value, which is the value of Avino that is recorded on the company's balance sheet. Investors also form their own opinion of Avino Silver's value that differs from its market value or its book value, called intrinsic value, which is Avino Silver'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 Avino Silver's market value can be influenced by many factors that don't directly affect Avino Silver'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 Avino Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine Avino Silver value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avino Silver'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.