Aviva Plc Stock Gross Profit
Aviva Plc fundamentals help investors to digest information that contributes to Aviva Plc's financial success or failures. It also enables traders to predict the movement of Aviva Stock. The fundamental analysis module provides a way to measure Aviva Plc's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Aviva Plc stock.
Aviva |
Aviva Plc Company Gross Profit Analysis
Aviva Plc's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Current Aviva Plc Gross Profit | (4.56 B) |
Most of Aviva Plc's fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Aviva Plc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
CompetitionAccording to the company disclosure, Aviva Plc reported (4.56 Billion) of gross profit. This is much lower than that of the sector and significantly lower than that of the Gross Profit industry. The gross profit for all United States stocks is notably higher than that of the company.
Aviva Gross Profit Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Aviva Plc's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Aviva Plc could also be used in its relative valuation, which is a method of valuing Aviva Plc by comparing valuation metrics of similar companies.Aviva Plc is currently under evaluation in gross profit category among related companies.
Aviva Fundamentals
| Return On Asset | 0.27 | |||
| Profit Margin | 3.87 % | |||
| Operating Margin | 2.50 % | |||
| Current Valuation | (7.51 B) | |||
| Shares Outstanding | 3.74 B | |||
| Number Of Shares Shorted | 415.13 K | |||
| Price To Earning | 38.20 X | |||
| Price To Book | 1.07 X | |||
| Price To Sales | 0.58 X | |||
| Revenue | 23.73 B | |||
| Gross Profit | (4.56 B) | |||
| Net Income | 918 M | |||
| Cash And Equivalents | 43.16 B | |||
| Cash Per Share | 21.31 X | |||
| Total Debt | 11.97 B | |||
| Debt To Equity | 0.50 % | |||
| Current Ratio | 2.38 X | |||
| Cash Flow From Operations | 4.75 B | |||
| Earnings Per Share | 0.30 X | |||
| Number Of Employees | 29.64 K | |||
| Beta | 1.13 | |||
| Market Capitalization | 24.22 B | |||
| Total Asset | 387.87 B | |||
| Retained Earnings | 6.98 B | |||
| Z Score | 1.2 |
Pair Trading with Aviva Plc
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 Aviva Plc 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 Aviva Plc will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Microsoft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microsoft 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 Microsoft - 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 Microsoft to buy it.
The correlation of Microsoft 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 Microsoft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microsoft 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 Microsoft 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 Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Other Consideration for investing in Aviva Stock
If you are still planning to invest in Aviva Plc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Aviva Plc's history and understand the potential risks before investing.
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