Arvinas Operating Income from 2010 to 2024
ARVN Stock | USD 19.00 0.08 0.42% |
Operating Income | First Reported 2016-12-31 | Previous Quarter -48.5 M | Current Value -60.3 M | Quarterly Volatility 35.4 M |
Check Arvinas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Arvinas' main balance sheet or income statement drivers, such as Tax Provision of 5.7 M, Net Interest Income of 33.9 M or Interest Income of 33.9 M, as well as many indicators such as Price To Sales Ratio of 41.18, Dividend Yield of 0.0 or PTB Ratio of 3.29. Arvinas financial statements analysis is a perfect complement when working with Arvinas Valuation or Volatility modules.
Arvinas | Operating Income |
Latest Arvinas' Operating Income Growth Pattern
Below is the plot of the Operating Income of Arvinas over the last few years. Operating Income is the amount of profit realized from Arvinas operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Arvinas is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Arvinas' Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Arvinas' overall financial position and show how it may be relating to other accounts over time.
Operating Income | 10 Years Trend |
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Operating Income |
Timeline |
Arvinas Operating Income Regression Statistics
Arithmetic Mean | (106,777,018) | |
Coefficient Of Variation | (129.03) | |
Mean Deviation | 110,986,318 | |
Median | (24,760,267) | |
Standard Deviation | 137,777,820 | |
Sample Variance | 18982.7T | |
Range | 385M | |
R-Value | (0.84) | |
Mean Square Error | 6056.6T | |
R-Squared | 0.70 | |
Significance | 0.000093 | |
Slope | (25,844,481) | |
Total Sum of Squares | 265758.2T |
Arvinas Operating Income History
Other Fundumenentals of Arvinas
Arvinas Operating Income component correlations
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About Arvinas Financial Statements
Arvinas investors utilize fundamental indicators, such as Operating Income, to predict how Arvinas Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Operating Income | -401.5 M | -381.4 M | |
Non Operating Income Net Other | 1.8 M | 1.9 M |
Pair Trading with Arvinas
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 Arvinas 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 Arvinas will appreciate offsetting losses from the drop in the long position's value.Moving together with Arvinas Stock
Moving against Arvinas Stock
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0.7 | DRTS | Alpha Tau Medical | PairCorr |
0.6 | DYAI | Dyadic International | PairCorr |
0.53 | DMAC | DiaMedica Therapeutics | PairCorr |
0.49 | VCEL | Vericel Corp Ord | PairCorr |
The ability to find closely correlated positions to Arvinas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arvinas 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 Arvinas - 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 Arvinas to buy it.
The correlation of Arvinas 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 Arvinas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arvinas 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 Arvinas 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 Arvinas Correlation against competitors. To learn how to invest in Arvinas Stock, please use our How to Invest in Arvinas guide.You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Pharmaceuticals space 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 Arvinas. If investors know Arvinas 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 Arvinas listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.79) | Revenue Per Share 2.327 | Quarterly Revenue Growth 1.96 | Return On Assets (0.20) | Return On Equity (0.59) |
The market value of Arvinas is measured differently than its book value, which is the value of Arvinas that is recorded on the company's balance sheet. Investors also form their own opinion of Arvinas' value that differs from its market value or its book value, called intrinsic value, which is Arvinas' 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 Arvinas' market value can be influenced by many factors that don't directly affect Arvinas' 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 Arvinas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Arvinas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arvinas' 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.