AvalonBay Fixed Asset Turnover from 2010 to 2024
| AVB Stock | USD 191.45 0.13 0.07% |
Fixed Asset Turnover | First Reported 2010-12-31 | Previous Quarter 20.97253367 | Current Value 22.02 | Quarterly Volatility 6.68771882 |
Check AvalonBay Communities financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AvalonBay main balance sheet or income statement drivers, such as Depreciation And Amortization of 857.8 M, Interest Expense of 134.9 M or Selling General Administrative of 80.4 M, as well as many exotic indicators such as Price To Sales Ratio of 7.26, Dividend Yield of 0.0466 or PTB Ratio of 1.61. AvalonBay financial statements analysis is a perfect complement when working with AvalonBay Communities Valuation or Volatility modules.
AvalonBay | Fixed Asset Turnover |
Latest AvalonBay Communities' Fixed Asset Turnover Growth Pattern
Below is the plot of the Fixed Asset Turnover of AvalonBay Communities over the last few years. It is AvalonBay Communities' Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in AvalonBay Communities' overall financial position and show how it may be relating to other accounts over time.
| Fixed Asset Turnover | 10 Years Trend |
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Fixed Asset Turnover |
| Timeline |
AvalonBay Fixed Asset Turnover Regression Statistics
| Arithmetic Mean | 16.04 | |
| Geometric Mean | 9.25 | |
| Coefficient Of Variation | 41.69 | |
| Mean Deviation | 4.46 | |
| Median | 18.60 | |
| Standard Deviation | 6.69 | |
| Sample Variance | 44.73 | |
| Range | 21.9348 | |
| R-Value | 0.60 | |
| Mean Square Error | 30.59 | |
| R-Squared | 0.36 | |
| Significance | 0.02 | |
| Slope | 0.90 | |
| Total Sum of Squares | 626.16 |
AvalonBay Fixed Asset Turnover History
About AvalonBay Communities Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include AvalonBay Communities income statement, its balance sheet, and the statement of cash flows. AvalonBay Communities investors use historical funamental indicators, such as AvalonBay Communities's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although AvalonBay Communities investors may use each financial statement separately, they are all related. The changes in AvalonBay Communities's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on AvalonBay Communities'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 AvalonBay Communities Financial Statements. Understanding these patterns can help to make the right decision on long term investment in AvalonBay Communities. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Fixed Asset Turnover | 20.97 | 22.02 |
Pair Trading with AvalonBay Communities
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 AvalonBay Communities 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 AvalonBay Communities will appreciate offsetting losses from the drop in the long position's value.Moving against AvalonBay Stock
| 0.73 | ADC-PA | Agree Realty | PairCorr |
| 0.67 | DOUG | Douglas Elliman Financial Report 9th of May 2024 | PairCorr |
| 0.57 | ROIC | Retail Opportunity | PairCorr |
| 0.56 | KW | Kennedy Wilson Holdings Financial Report 1st of May 2024 | PairCorr |
| 0.53 | FR | First Industrial Realty Earnings Call Tomorrow | PairCorr |
The ability to find closely correlated positions to AvalonBay Communities could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AvalonBay Communities 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 AvalonBay Communities - 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 AvalonBay Communities to buy it.
The correlation of AvalonBay Communities 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 AvalonBay Communities moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AvalonBay Communities 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 AvalonBay Communities 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 AvalonBay Communities Correlation against competitors. For information on how to trade AvalonBay Stock refer to our How to Trade AvalonBay Stock guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for AvalonBay Stock analysis
When running AvalonBay Communities' price analysis, check to measure AvalonBay Communities' 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 AvalonBay Communities is operating at the current time. Most of AvalonBay Communities' value examination focuses on studying past and present price action to predict the probability of AvalonBay Communities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AvalonBay Communities' price. Additionally, you may evaluate how the addition of AvalonBay Communities to your portfolios can decrease your overall portfolio volatility.
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Is AvalonBay Communities' 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 AvalonBay Communities. If investors know AvalonBay 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 AvalonBay Communities 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 (0.01) | Earnings Share 6.56 | Revenue Per Share 19.683 | Quarterly Revenue Growth 0.107 | Return On Assets 0.0273 |
The market value of AvalonBay Communities is measured differently than its book value, which is the value of AvalonBay that is recorded on the company's balance sheet. Investors also form their own opinion of AvalonBay Communities' value that differs from its market value or its book value, called intrinsic value, which is AvalonBay Communities' 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 AvalonBay Communities' market value can be influenced by many factors that don't directly affect AvalonBay Communities' 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 AvalonBay Communities' value and its price as these two are different measures arrived at by different means. Investors typically determine if AvalonBay Communities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AvalonBay Communities' 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.