Auddia Fixed Asset Turnover from 2010 to 2024

AUUD Stock  USD 1.96  0.11  5.95%   
Auddia's Fixed Asset Turnover is decreasing over the years with slightly volatile fluctuation. Fixed Asset Turnover is expected to dwindle to 9.86. During the period from 2010 to 2024 Auddia Fixed Asset Turnover annual values regression line had geometric mean of  34.24 and mean square error of  2,228. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
10.38
Current Value
9.86
Quarterly Volatility
49.36941989
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Auddia financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Auddia main balance sheet or income statement drivers, such as Interest Income of 1.09, Depreciation And Amortization of 1.2 M or Interest Expense of 2.4 M, as well as many exotic indicators such as Price To Sales Ratio of 10.9 K, Dividend Yield of 0.0 or Price Book Value Ratio of 73.75. Auddia financial statements analysis is a perfect complement when working with Auddia Valuation or Volatility modules.
  
This module can also supplement various Auddia Technical models . Check out the analysis of Auddia Correlation against competitors.

Latest Auddia's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Auddia Inc over the last few years. It is Auddia's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Auddia's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

Auddia Fixed Asset Turnover Regression Statistics

Arithmetic Mean51.89
Geometric Mean34.24
Coefficient Of Variation95.14
Mean Deviation30.72
Median61.29
Standard Deviation49.37
Sample Variance2,437
Range198
R-Value(0.39)
Mean Square Error2,228
R-Squared0.15
Significance0.15
Slope(4.29)
Total Sum of Squares34,123

Auddia Fixed Asset Turnover History

2024 9.86
2023 10.38
2020 9.03
2019 33.65
2018 207.07

About Auddia Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Auddia income statement, its balance sheet, and the statement of cash flows. Auddia investors use historical funamental indicators, such as Auddia's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Auddia investors may use each financial statement separately, they are all related. The changes in Auddia's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Auddia'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 Auddia Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Auddia. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Fixed Asset Turnover 10.38  9.86 

Pair Trading with Auddia

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

Moving together with Auddia Stock

  0.92U Unity Software Financial Report 8th of May 2024 PairCorr
  0.77DT Dynatrace Holdings LLC Sell-off TrendPairCorr

Moving against Auddia Stock

  0.58DJCO Daily Journal CorpPairCorr
The ability to find closely correlated positions to Auddia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Auddia 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 Auddia - 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 Auddia Inc to buy it.
The correlation of Auddia 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 Auddia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Auddia Inc 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 Auddia 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 Auddia Inc is a strong investment it is important to analyze Auddia's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Auddia's future performance. For an informed investment choice regarding Auddia Stock, refer to the following important reports:
Check out the analysis of Auddia Correlation against competitors.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Complementary Tools for Auddia Stock analysis

When running Auddia's price analysis, check to measure Auddia'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 Auddia is operating at the current time. Most of Auddia's value examination focuses on studying past and present price action to predict the probability of Auddia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Auddia's price. Additionally, you may evaluate how the addition of Auddia to your portfolios can decrease your overall portfolio volatility.
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
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
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
CEOs Directory
Screen CEOs from public companies around the world
Stocks Directory
Find actively traded stocks across global markets
Is Auddia'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 Auddia. If investors know Auddia 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 Auddia listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(13.75)
Quarterly Revenue Growth
(1.00)
Return On Assets
(0.78)
Return On Equity
(2.33)
The market value of Auddia Inc is measured differently than its book value, which is the value of Auddia that is recorded on the company's balance sheet. Investors also form their own opinion of Auddia's value that differs from its market value or its book value, called intrinsic value, which is Auddia'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 Auddia's market value can be influenced by many factors that don't directly affect Auddia'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 Auddia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Auddia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Auddia'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.