Avino Current Deferred Revenue from 2010 to 2024
| ASM Stock | USD 0.74 0.01 1.33% |
Current Deferred Revenue | First Reported 2015-03-31 | Previous Quarter 94 K | Current Value 1 | Quarterly Volatility 2.6 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 Depreciation And Amortization of 3.2 M, Interest Expense of 307.3 K or Selling General Administrative of 8.1 M, as well as many exotic indicators such as Price To Sales Ratio of 1.37, Dividend Yield of 0.0 or PTB Ratio of 0.57. Avino financial statements analysis is a perfect complement when working with Avino Silver Valuation or Volatility modules.
Avino | Current Deferred Revenue |
Latest Avino Silver's Current Deferred Revenue Growth Pattern
Below is the plot of the Current Deferred Revenue of Avino Silver Gold over the last few years. It is revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends. Avino Silver's Current Deferred Revenue 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.
| Current Deferred Revenue | 10 Years Trend |
|
Current Deferred Revenue |
| Timeline |
Avino Current Deferred Revenue Regression Statistics
| Arithmetic Mean | (1,311,975) | |
| Geometric Mean | 14,326 | |
| Coefficient Of Variation | (153.19) | |
| Mean Deviation | 1,884,570 | |
| Median | 1.00 | |
| Standard Deviation | 2,009,750 | |
| Sample Variance | 4T | |
| Range | 4.6M | |
| R-Value | 0.79 | |
| Mean Square Error | 1.7T | |
| R-Squared | 0.62 | |
| Significance | 0.0005 | |
| Slope | 353,665 | |
| Total Sum of Squares | 56.5T |
Avino Current Deferred Revenue History
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 Current Deferred Revenue, 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 Reported | Projected for Next Year | ||
| Current Deferred Revenue | 1.15 | 1.21 |
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 Stock
| 0.95 | HL | Hecla Mining Financial Report 8th of May 2024 | PairCorr |
| 0.71 | VOXR | Vox Royalty Corp | PairCorr |
| 0.97 | EXK | Endeavour Silver Corp Financial Report 8th of May 2024 | PairCorr |
Moving against Avino Stock
| 0.79 | MPVDF | Mountain Province | PairCorr |
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 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 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.Check out the analysis of Avino Silver Correlation against competitors. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Avino Stock analysis
When running Avino Silver's 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 the 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.
Quarterly Earnings Growth (0.60) | Revenue Per Share 0.362 | Quarterly Revenue Growth (0.14) | Return On Assets 0.0015 | Return On Equity 0.0053 |
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 if Avino Silver is a good investment 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.