Avis Budget Group Stock Filter Stocks by Fundamentals
| CUCA Stock | EUR 101.70 3.00 2.87% |
AVIS BUDGET GROUP fundamentals help investors to digest information that contributes to AVIS BUDGET's financial success or failures. It also enables traders to predict the movement of AVIS Stock. The fundamental analysis module provides a way to measure AVIS BUDGET's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to AVIS BUDGET stock.
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AVIS Fundamentals
| Current Valuation | 25.57 B | |||
| Price To Book | 7.23 X | |||
| Price To Sales | 0.82 X | |||
| Revenue | 11.99 B | |||
| EBITDA | 6.7 B | |||
| Net Income | 2.76 B | |||
| Total Debt | 18.45 B | |||
| Cash Flow From Operations | 4.71 B | |||
| Number Of Employees | 36 | |||
| Total Asset | 25.93 B | |||
| Net Asset | 25.93 B |
About AVIS BUDGET Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze AVIS BUDGET GROUP's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AVIS BUDGET using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AVIS BUDGET GROUP based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards AVIS BUDGET in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, AVIS BUDGET's short interest history, or implied volatility extrapolated from AVIS BUDGET options trading.
Pair Trading with AVIS BUDGET
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 AVIS BUDGET 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 AVIS BUDGET will appreciate offsetting losses from the drop in the long position's value.Moving together with AVIS Stock
| 0.77 | APC | Apple Inc | PairCorr |
| 0.77 | APC | Apple Inc | PairCorr |
| 0.77 | APC | Apple Inc | PairCorr |
| 0.77 | APC | Apple Inc | PairCorr |
Moving against AVIS Stock
| 0.84 | HYU | Hyundai Motor | PairCorr |
| 0.84 | HYU | Hyundai Motor | PairCorr |
| 0.84 | MFZA | Mitsubishi UFJ Financial | PairCorr |
| 0.83 | HYU | Hyundai Motor | PairCorr |
| 0.74 | 2WGA | WOORI FIN GRP | PairCorr |
The ability to find closely correlated positions to AVIS BUDGET could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AVIS BUDGET 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 AVIS BUDGET - 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 AVIS BUDGET GROUP to buy it.
The correlation of AVIS BUDGET 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 AVIS BUDGET moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AVIS BUDGET GROUP 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 AVIS BUDGET 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in AVIS BUDGET GROUP. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for AVIS Stock analysis
When running AVIS BUDGET's price analysis, check to measure AVIS BUDGET'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 AVIS BUDGET is operating at the current time. Most of AVIS BUDGET's value examination focuses on studying past and present price action to predict the probability of AVIS BUDGET's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AVIS BUDGET's price. Additionally, you may evaluate how the addition of AVIS BUDGET to your portfolios can decrease your overall portfolio volatility.
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