AvidXchange Capital Surpluse vs Total Stockholder Equity Analysis

AVDX Stock  USD 11.96  0.13  1.10%   
AvidXchange Holdings financial indicator trend analysis is way more than just evaluating AvidXchange Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AvidXchange Holdings is a good investment. Please check the relationship between AvidXchange Holdings Capital Surpluse and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AvidXchange Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy AvidXchange Stock please use our How to Invest in AvidXchange Holdings guide.

Capital Surpluse vs Total Stockholder Equity

Capital Surpluse vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AvidXchange Holdings Capital Surpluse account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between AvidXchange Holdings' Capital Surpluse and Total Stockholder Equity is 0.61. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of AvidXchange Holdings, assuming nothing else is changed. The correlation between historical values of AvidXchange Holdings' Capital Surpluse and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of AvidXchange Holdings are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Capital Surpluse i.e., AvidXchange Holdings' Capital Surpluse and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Capital Surpluse

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from AvidXchange Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AvidXchange Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AvidXchange Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy AvidXchange Stock please use our How to Invest in AvidXchange Holdings guide.At this time, AvidXchange Holdings' Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.35 in 2024, whereas Selling General Administrative is likely to drop slightly above 87.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit148.3M198.5M223.5M165.2M
Total Revenue248.4M316.4M380.7M281.8M

AvidXchange Holdings fundamental ratios Correlations

0.71-0.930.631.00.991.00.920.360.840.940.830.97-0.230.960.970.96-0.920.870.970.98-0.450.940.970.69-0.07
0.71-0.41-0.030.660.640.710.41-0.120.360.70.240.72-0.320.740.660.62-0.730.670.690.67-0.320.710.690.49-0.21
-0.93-0.41-0.86-0.95-0.96-0.92-0.99-0.61-0.92-0.89-0.97-0.90.05-0.89-0.93-0.940.84-0.81-0.93-0.940.36-0.88-0.92-0.56-0.11
0.63-0.03-0.860.680.70.630.870.740.820.650.920.640.310.620.70.72-0.590.620.680.68-0.070.640.680.250.42
1.00.66-0.950.681.01.00.950.430.860.950.870.97-0.170.960.980.96-0.930.890.980.98-0.40.950.970.66-0.01
0.990.64-0.960.71.00.990.960.490.870.950.890.97-0.140.970.980.96-0.930.890.980.99-0.370.960.970.630.03
1.00.71-0.920.631.00.990.920.360.830.940.820.97-0.240.960.970.96-0.920.870.970.97-0.450.940.970.69-0.07
0.920.41-0.990.870.950.960.920.620.890.880.960.90.040.90.950.91-0.880.870.930.93-0.240.90.910.560.2
0.36-0.12-0.610.740.430.490.360.620.570.50.710.450.550.490.520.46-0.420.490.520.510.280.530.42-0.140.63
0.840.36-0.920.820.860.870.830.890.570.840.90.85-0.020.820.830.88-0.750.730.840.85-0.330.80.860.410.12
0.940.7-0.890.650.950.950.940.880.50.840.830.99-0.020.990.940.97-0.910.90.970.96-0.30.970.990.40.14
0.830.24-0.970.920.870.890.820.960.710.90.830.830.090.810.850.87-0.770.770.850.85-0.240.820.850.40.23
0.970.72-0.90.640.970.970.970.90.450.850.990.83-0.080.990.960.97-0.930.910.980.97-0.340.970.990.490.08
-0.23-0.320.050.31-0.17-0.14-0.240.040.55-0.02-0.020.09-0.08-0.02-0.03-0.14-0.060.21-0.04-0.080.890.07-0.11-0.610.99
0.960.74-0.890.620.960.970.960.90.490.820.990.810.99-0.020.970.94-0.960.940.990.98-0.250.990.970.480.14
0.970.66-0.930.70.980.980.970.950.520.830.940.850.96-0.030.970.94-0.950.920.990.99-0.260.970.950.60.14
0.960.62-0.940.720.960.960.960.910.460.880.970.870.97-0.140.940.94-0.860.820.960.97-0.460.920.990.520.01
-0.92-0.730.84-0.59-0.93-0.93-0.92-0.88-0.42-0.75-0.91-0.77-0.93-0.06-0.96-0.95-0.86-0.99-0.94-0.920.1-0.98-0.91-0.55-0.22
0.870.67-0.810.620.890.890.870.870.490.730.90.770.910.210.940.920.82-0.990.920.890.030.970.890.430.36
0.970.69-0.930.680.980.980.970.930.520.840.970.850.98-0.040.990.990.96-0.940.921.0-0.290.980.970.550.12
0.980.67-0.940.680.980.990.970.930.510.850.960.850.97-0.080.980.990.97-0.920.891.0-0.340.970.960.580.08
-0.45-0.320.36-0.07-0.4-0.37-0.45-0.240.28-0.33-0.3-0.24-0.340.89-0.25-0.26-0.460.10.03-0.29-0.34-0.14-0.39-0.580.84
0.940.71-0.880.640.950.960.940.90.530.80.970.820.970.070.990.970.92-0.980.970.980.97-0.140.950.470.24
0.970.69-0.920.680.970.970.970.910.420.860.990.850.99-0.110.970.950.99-0.910.890.970.96-0.390.950.510.05
0.690.49-0.560.250.660.630.690.56-0.140.410.40.40.49-0.610.480.60.52-0.550.430.550.58-0.580.470.51-0.5
-0.07-0.21-0.110.42-0.010.03-0.070.20.630.120.140.230.080.990.140.140.01-0.220.360.120.080.840.240.05-0.5
Click cells to compare fundamentals

AvidXchange Holdings Account Relationship Matchups

AvidXchange Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities99.7M213.1M1.3B1.4B1.7B1.8B
Net Tangible Assets(571.6M)(689.2M)456.7M392.8M451.7M474.3M
Retained Earnings(423.6M)(672.3M)(871.9M)(974.8M)(1.0B)(971.1M)
Accounts Payable10.9M25.4M17.1M13.5M16.8M10.6M
Total Current Assets308.3M432.3M1.9B1.8B2.1B2.2B
Common Stock44.0K50.1K197K199K204K214.2K
Other Current Liab82.9M178.1M1.3B1.4B1.6B1.7B
Other Liab10.4M16.6M26.4M20.9M24.0M25.2M
Other Assets23.6M26.0M32.5M33.5M1.00.95
Other Stockholder Equity11.8M161.1M1.6B1.6B1.7B931.0M
Property Plant Equipment82.1M90.0M109.5M103.9M119.5M84.8M

AvidXchange Holdings Investors Sentiment

The influence of AvidXchange Holdings' 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 AvidXchange. 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 AvidXchange Holdings' public news can be used to forecast risks associated with an investment in AvidXchange. The trend in average sentiment can be used to explain how an investor holding AvidXchange can time the market purely based on public headlines and social activities around AvidXchange Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
AvidXchange Holdings' 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 AvidXchange Holdings' 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 AvidXchange Holdings' news discussions. The higher the estimated score, the more favorable is the investor's outlook on AvidXchange Holdings.
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 AvidXchange Holdings 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, AvidXchange Holdings' short interest history, or implied volatility extrapolated from AvidXchange Holdings options trading.

Pair Trading with AvidXchange Holdings

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

Moving against AvidXchange Stock

  0.44EGIO Edgio Inc Report 17th of July 2024 PairCorr
The ability to find closely correlated positions to AvidXchange Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AvidXchange Holdings 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 AvidXchange Holdings - 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 AvidXchange Holdings to buy it.
The correlation of AvidXchange Holdings 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 AvidXchange Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AvidXchange Holdings 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 AvidXchange Holdings 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 AvidXchange Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AvidXchange Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Avidxchange Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Avidxchange Holdings Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AvidXchange Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy AvidXchange Stock please use our How to Invest in AvidXchange Holdings guide.
Note that the AvidXchange Holdings information on this page should be used as a complementary analysis to other AvidXchange Holdings' 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 the CEOs Directory module to screen CEOs from public companies around the world.

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Is AvidXchange Holdings' 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 AvidXchange Holdings. If investors know AvidXchange 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 AvidXchange Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.23)
Revenue Per Share
1.886
Quarterly Revenue Growth
0.208
Return On Assets
(0.01)
Return On Equity
(0.07)
The market value of AvidXchange Holdings is measured differently than its book value, which is the value of AvidXchange that is recorded on the company's balance sheet. Investors also form their own opinion of AvidXchange Holdings' value that differs from its market value or its book value, called intrinsic value, which is AvidXchange Holdings' 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 AvidXchange Holdings' market value can be influenced by many factors that don't directly affect AvidXchange Holdings' 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 AvidXchange Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if AvidXchange Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AvidXchange Holdings' 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.