Avino Profit Margin Trend from 2010 to 2022

ASM
 Stock
  

USD 0.53  0.01  1.85%   

Avino Silver Profit Margin yearly trend continues to be relatively stable with very little volatility. The value of Profit Margin is projected to decrease to -0.2. During the period from 2010 to 2022, Avino Silver Profit Margin yarly data series regression line had standard deviation of 0.35 and range of  1.12. 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).
  
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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 Silver Quarterly Profit Margin

(0.058)

Avino Profit Margin Breakdown

Showing smoothed Profit Margin of Avino Silver Gold with missing and latest data points interpolated. Measures the ratio between a company's Net Income Common Stock and Revenues.Avino Silver's Profit Margin 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.
ViewLast Reported (18.32) %10 Years Trend
Increasing
Very volatile
 Profit Margin 
Share
      Timeline 

Avino Profit Margin Regression Statistics

Arithmetic Mean(0.24)
Coefficient Of Variation(146.33)
Mean Deviation 0.30
Median(0.18)
Standard Deviation 0.35
Sample Variance 0.12
Range 1.12
R-Value 0.07
Mean Square Error 0.14
R-Squared 0.004853
Significance 0.82
Slope 0.006319
Total Sum of Squares 1.50

Avino Profit Margin History

2013 0.053
2014 0.13
2015 0.025
2016 0.058
2017 0.076
2018 0.048
2019 -0.99
2020 -0.48
2021 -0.18
2022 -0.2

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 Profit Margin, 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
Profit Margin(0.18) (0.20) 
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.

Avino Silver Investors Sentiment

The influence of Avino Silver'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 Avino. 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 markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Avino Silver's public news can be used to forecast risks associated with investment in Avino. The trend in average sentiment can be used to explain how an investor holding Avino can time the market purely based on public headlines and social activities around Avino Silver Gold. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Avino Silver'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 Avino Silver'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 Avino Silver's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Avino Silver.
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 Avino Silver 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, Avino Silver's short interest history, or implied volatility extrapolated from Avino Silver options trading.

Current Sentiment - ASM

Avino Silver Gold Investor Sentiment

Greater number of Macroaxis users are presently bullish on Avino Silver Gold. What is your sentiment towards investing in Avino Silver Gold? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

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.

Avino Silver Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

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 ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

Complementary Tools for Avino Stock analysis

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
65.6 M
Quarterly Revenue Growth YOY
380.03
Return On Assets
0.0247
Return On Equity
0.0048
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.