Avino Receivables Turnover from 2010 to 2024

ASM Stock  CAD 1.59  0.02  1.24%   
Avino Silver Receivables Turnover yearly trend continues to be very stable with very little volatility. Receivables Turnover is likely to drop to 2.63. During the period from 2010 to 2024, Avino Silver Receivables Turnover quarterly data regression pattern had sample variance of  15.75 and median of  3.62. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
4.38952287
Current Value
2.63
Quarterly Volatility
3.96885336
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Avino Silver financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Avino Silver's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.1 M, Interest Expense of 337.8 K or Selling General Administrative of 8 M, as well as many indicators such as Price To Sales Ratio of 1.38, Dividend Yield of 0.0 or PTB Ratio of 0.57. Avino financial statements analysis is a perfect complement when working with Avino Silver Valuation or Volatility modules.
  
This module can also supplement various Avino Silver Technical models . Check out the analysis of Avino Silver Correlation against competitors.

Pair Trading with Avino Silver

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

Moving together with Avino Stock

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Moving against Avino Stock

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The ability to find closely correlated positions to Avino Silver could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avino Silver 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 Avino Silver - 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 Avino Silver Gold to buy it.
The correlation of Avino Silver 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 Avino Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avino Silver Gold 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 Avino Silver 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 Avino Silver Gold is a strong investment it is important to analyze Avino Silver'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 Avino Silver's future performance. For an informed investment choice regarding Avino Stock, refer to the following important reports:
Check out the analysis of Avino Silver Correlation against competitors.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Please note, there is a significant difference between Avino Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avino Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avino Silver'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.