AVCON Information Gross Profit vs. Shares Outstanding
300074 Stock | 4.99 0.02 0.40% |
Gross Profit | First Reported 2010-03-31 | Previous Quarter 13.5 M | Current Value 53.6 M | Quarterly Volatility 27.7 M |
For AVCON Information profitability analysis, we use financial ratios and fundamental drivers that measure the ability of AVCON Information to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well AVCON Information Tech utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between AVCON Information's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of AVCON Information Tech over time as well as its relative position and ranking within its peers.
AVCON |
AVCON Information Tech Shares Outstanding vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining AVCON Information's current stock value. Our valuation model uses many indicators to compare AVCON Information value to that of its competitors to determine the firm's financial worth. AVCON Information Tech is number one stock in gross profit category among its peers. It also is number one stock in shares outstanding category among its peers creating about 2.77 of Shares Outstanding per Gross Profit. At present, AVCON Information's Gross Profit is projected to increase significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value AVCON Information by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for AVCON Information's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.AVCON Shares Outstanding vs. Gross Profit
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.
AVCON Information |
| = | 193.08 M |
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.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
AVCON Information |
| = | 534.85 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
AVCON Shares Outstanding Comparison
AVCON Information is currently under evaluation in shares outstanding category among its peers.
AVCON Information Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in AVCON Information, profitability is also one of the essential criteria for including it into their portfolios because, without profit, AVCON Information will eventually generate negative long term returns. The profitability progress is the general direction of AVCON Information's change in net profit over the period of time. It can combine multiple indicators of AVCON Information, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last Reported | Projected for Next Year | ||
Accumulated Other Comprehensive Income | 49.7 M | 37.7 M | |
Operating Income | 80 M | 84.1 M | |
Income Before Tax | 30.4 M | 26.9 M | |
Net Income Applicable To Common Shares | 8.2 M | 7.8 M | |
Net Income | 10.9 M | 10.4 M | |
Income Tax Expense | -15.6 M | -14.8 M | |
Net Income From Continuing Ops | 27.3 M | 28.7 M | |
Total Other Income Expense Net | 16.2 M | 27.8 M | |
Net Interest Income | -2.4 M | -2.3 M | |
Interest Income | 1.1 M | 1.5 M | |
Change To Netincome | 51.4 M | 54 M |
AVCON Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on AVCON Information. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of AVCON Information position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the AVCON Information's important profitability drivers and their relationship over time.
Use AVCON Information in pair-trading
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 AVCON Information 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 AVCON Information will appreciate offsetting losses from the drop in the long position's value.AVCON Information Pair Trading
AVCON Information Tech Pair Trading Analysis
The ability to find closely correlated positions to AVCON Information could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AVCON Information 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 AVCON Information - 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 AVCON Information Tech to buy it.
The correlation of AVCON Information 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 AVCON Information moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AVCON Information Tech 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 AVCON Information 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.Use Investing Themes to Complement your AVCON Information position
In addition to having AVCON Information in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Electronics Thematic Idea Now
Electronics
Companies manufacturing electronic appliances and goods. The Electronics theme has 46 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Electronics Theme or any other thematic opportunities.
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Other Information on Investing in AVCON Stock
To fully project AVCON Information's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of AVCON Information Tech at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include AVCON Information's income statement, its balance sheet, and the statement of cash flows.