Avient Gross Profit from 2010 to 2024
| AVNT Stock | USD 43.26 0.05 0.12% |
Gross Profit | First Reported 2000-09-30 | Previous Quarter 195.3 M | Current Value 226.5 M | Quarterly Volatility 62.9 M |
Check Avient Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Avient main balance sheet or income statement drivers, such as Depreciation And Amortization of 271.3 M, Interest Expense of 161.8 M or Selling General Administrative of 395.9 M, as well as many exotic indicators such as Price To Sales Ratio of 1.27, Dividend Yield of 0.041 or PTB Ratio of 1.86. Avient financial statements analysis is a perfect complement when working with Avient Corp Valuation or Volatility modules.
Avient | Gross Profit |
Latest Avient Corp's Gross Profit Growth Pattern
Below is the plot of the Gross Profit of Avient Corp over the last few years. Gross profit is a required income statement account that reflects total revenue of Avient Corp minus its cost of goods sold. It is profit before Avient Corp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Avient Corp's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Avient Corp's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 964 M | 10 Years Trend |
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Gross Profit |
| Timeline |
Avient Gross Profit Regression Statistics
| Arithmetic Mean | 693,555,947 | |
| Geometric Mean | 660,180,504 | |
| Coefficient Of Variation | 28.61 | |
| Mean Deviation | 133,180,324 | |
| Median | 706,200,000 | |
| Standard Deviation | 198,391,690 | |
| Sample Variance | 39359.3T | |
| Range | 867.3M | |
| R-Value | 0.70 | |
| Mean Square Error | 21374T | |
| R-Squared | 0.50 | |
| Significance | 0 | |
| Slope | 31,234,551 | |
| Total Sum of Squares | 551029.7T |
Avient Gross Profit History
Other Fundumenentals of Avient Corp
Avient Corp Gross Profit component correlations
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About Avient Corp Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Avient Corp income statement, its balance sheet, and the statement of cash flows. Avient Corp investors use historical funamental indicators, such as Avient Corp's Gross Profit, to determine how well the company is positioned to perform in the future. Although Avient Corp investors may use each financial statement separately, they are all related. The changes in Avient Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Avient Corp'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 Avient Corp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Avient Corp. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Gross Profit | 902.7 M | 595.8 M | |
| Gross Profit Margin | 0.29 | 0.14 |
Avient Corp Investors Sentiment
The influence of Avient Corp'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 Avient. 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 Avient Corp's public news can be used to forecast risks associated with an investment in Avient. The trend in average sentiment can be used to explain how an investor holding Avient can time the market purely based on public headlines and social activities around Avient Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Avient Corp'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 Avient Corp'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 Avient Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Avient Corp.
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 Avient Corp 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, Avient Corp's short interest history, or implied volatility extrapolated from Avient Corp options trading.
Pair Trading with Avient Corp
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 Avient Corp 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 Avient Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Avient Stock
| 0.86 | DD | Dupont De Nemours Earnings Call This Week | PairCorr |
| 0.81 | FF | FutureFuel Corp | PairCorr |
| 0.68 | ECVT | Ecovyst Earnings Call This Week | PairCorr |
Moving against Avient Stock
| 0.68 | WDFC | WD 40 Company Financial Report 8th of July 2024 | PairCorr |
| 0.51 | CC | Chemours Earnings Call Today | PairCorr |
The ability to find closely correlated positions to Avient Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avient Corp 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 Avient Corp - 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 Avient Corp to buy it.
The correlation of Avient Corp 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 Avient Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avient Corp 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 Avient Corp 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 Avient Corp Correlation against competitors. For more information on how to buy Avient Stock please use our How to Invest in Avient Corp guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Avient Stock analysis
When running Avient Corp's price analysis, check to measure Avient Corp'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 Avient Corp is operating at the current time. Most of Avient Corp's value examination focuses on studying past and present price action to predict the probability of Avient Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avient Corp's price. Additionally, you may evaluate how the addition of Avient Corp to your portfolios can decrease your overall portfolio volatility.
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Is Avient Corp'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 Avient Corp. If investors know Avient 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 Avient Corp 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 (0.95) | Dividend Share 1 | Earnings Share 0.83 | Revenue Per Share 34.498 | Quarterly Revenue Growth (0.09) |
The market value of Avient Corp is measured differently than its book value, which is the value of Avient that is recorded on the company's balance sheet. Investors also form their own opinion of Avient Corp's value that differs from its market value or its book value, called intrinsic value, which is Avient Corp'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 Avient Corp's market value can be influenced by many factors that don't directly affect Avient Corp'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 Avient Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avient Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avient Corp'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.