Grupo Total Operating Expenses from 2010 to 2024
| AVAL Stock | USD 2.39 0.05 2.05% |
Total Operating Expenses | First Reported 2011-12-31 | Previous Quarter 3.8 T | Current Value 3.8 T | Quarterly Volatility 3.4 T |
Check Grupo Aval financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Grupo main balance sheet or income statement drivers, such as Depreciation And Amortization of 638.3 B, Interest Expense of 23.8 T or Selling General Administrative of 6.5 T, as well as many exotic indicators such as Price To Sales Ratio of 5.78, Dividend Yield of 0.0033 or PTB Ratio of 6.93. Grupo financial statements analysis is a perfect complement when working with Grupo Aval Valuation or Volatility modules.
Grupo | Total Operating Expenses |
Latest Grupo Aval's Total Operating Expenses Growth Pattern
Below is the plot of the Total Operating Expenses of Grupo Aval over the last few years. It is the total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses. Grupo Aval's Total Operating Expenses historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Grupo Aval's overall financial position and show how it may be relating to other accounts over time.
| Total Operating Expenses | 10 Years Trend |
|
Total Operating Expenses |
| Timeline |
Grupo Total Operating Expenses Regression Statistics
| Arithmetic Mean | 4,852,498,783,333 | |
| Geometric Mean | 3,283,813,876,892 | |
| Coefficient Of Variation | 150.76 | |
| Mean Deviation | 4,909,567,477,778 | |
| Median | 7,488,700,000,000 | |
| Standard Deviation | 7,315,586,309,149 | |
| Sample Variance | 53517803046613.6T | |
| Range | 29.5T | |
| R-Value | 0.07 | |
| Mean Square Error | 57343540482700.3T | |
| R-Squared | 0.01 | |
| Significance | 0.80 | |
| Slope | 116,238,922,321 | |
| Total Sum of Squares | 749249242652589.6T |
Grupo Total Operating Expenses History
About Grupo Aval Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Grupo Aval income statement, its balance sheet, and the statement of cash flows. Grupo Aval investors use historical funamental indicators, such as Grupo Aval's Total Operating Expenses, to determine how well the company is positioned to perform in the future. Although Grupo Aval investors may use each financial statement separately, they are all related. The changes in Grupo Aval's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Grupo Aval's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Grupo Aval Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Grupo Aval. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Total Operating Expenses | 11.1 T | 11.7 T |
Pair Trading with Grupo Aval
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 Grupo Aval 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 Grupo Aval will appreciate offsetting losses from the drop in the long position's value.Moving against Grupo Stock
| 0.71 | NU | Nu Holdings Financial Report 20th of May 2024 | PairCorr |
| 0.64 | RF | Regions Financial Financial Report 19th of July 2024 | PairCorr |
| 0.64 | CFG-PD | Citizens Financial | PairCorr |
| 0.58 | DB | Deutsche Bank AG | PairCorr |
| 0.58 | KB | KB Financial Group Financial Report 20th of May 2024 | PairCorr |
The ability to find closely correlated positions to Grupo Aval could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Grupo Aval 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 Grupo Aval - 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 Grupo Aval to buy it.
The correlation of Grupo Aval 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 Grupo Aval moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Grupo Aval 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 Grupo Aval 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 Grupo Aval Correlation against competitors. For more information on how to buy Grupo Stock please use our How to buy in Grupo Stock guide.Note that the Grupo Aval information on this page should be used as a complementary analysis to other Grupo Aval's 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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for Grupo Stock analysis
When running Grupo Aval's price analysis, check to measure Grupo Aval's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Grupo Aval is operating at the current time. Most of Grupo Aval's value examination focuses on studying past and present price action to predict the probability of Grupo Aval's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grupo Aval's price. Additionally, you may evaluate how the addition of Grupo Aval to your portfolios can decrease your overall portfolio volatility.
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |
Is Grupo Aval's 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 Grupo Aval. If investors know Grupo 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 Grupo Aval listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.84) | Earnings Share 0.16 | Revenue Per Share 9.9 K | Quarterly Revenue Growth (0.07) | Return On Assets 0.0073 |
The market value of Grupo Aval is measured differently than its book value, which is the value of Grupo that is recorded on the company's balance sheet. Investors also form their own opinion of Grupo Aval's value that differs from its market value or its book value, called intrinsic value, which is Grupo Aval's 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 Grupo Aval's market value can be influenced by many factors that don't directly affect Grupo Aval's 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 Grupo Aval's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grupo Aval is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grupo Aval'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.