AvalonBay Minority Interest vs Other Operating Expenses Analysis
AVB Stock | USD 198.46 0.97 0.49% |
AvalonBay Communities financial indicator trend analysis is way more than just evaluating AvalonBay Communities prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AvalonBay Communities is a good investment. Please check the relationship between AvalonBay Communities Minority Interest and its Other Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AvalonBay Communities. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For information on how to trade AvalonBay Stock refer to our How to Trade AvalonBay Stock guide.
Minority Interest vs Other Operating Expenses
Minority Interest vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AvalonBay Communities Minority Interest account and Other Operating Expenses. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between AvalonBay Communities' Minority Interest and Other Operating Expenses is -0.1. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of AvalonBay Communities, assuming nothing else is changed. The correlation between historical values of AvalonBay Communities' Minority Interest and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of AvalonBay Communities are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Minority Interest i.e., AvalonBay Communities' Minority Interest and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.1 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of AvalonBay Communities whose combined shares represent less than 50% of the total outstanding shares issued by AvalonBay Communities have a minority interest in AvalonBay Communities.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of AvalonBay Communities. It is also known as AvalonBay Communities overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most indicators from AvalonBay Communities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AvalonBay Communities current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AvalonBay Communities. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For information on how to trade AvalonBay Stock refer to our How to Trade AvalonBay Stock guide.At present, AvalonBay Communities' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 15.1 M, whereas Discontinued Operations is forecasted to decline to about 41.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.4B | 1.7B | 1.0B | 878.8M | Total Revenue | 2.3B | 2.6B | 2.8B | 3.0B |
AvalonBay Communities fundamental ratios Correlations
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AvalonBay Communities Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AvalonBay Communities fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 19.1B | 19.2B | 19.9B | 20.5B | 20.7B | 10.9B | |
Short Long Term Debt Total | 7.3B | 7.6B | 8.1B | 8.3B | 8.1B | 4.4B | |
Total Stockholder Equity | 11.0B | 10.8B | 10.9B | 11.3B | 11.8B | 5.9B | |
Net Debt | 7.3B | 7.3B | 7.7B | 7.7B | 7.6B | 4.1B | |
Retained Earnings | 282.9M | 126.0M | 240.8M | 485.2M | 478.2M | 502.1M | |
Non Currrent Assets Other | 18.7B | 18.5B | 18.9B | 19.3B | 19.7B | 20.7B | |
Other Assets | 578.5M | 18.7B | 544.5M | 19.5B | 20.1B | 21.2B | |
Common Stock Shares Outstanding | 139.6M | 140.4M | 139.7M | 140.0M | 141.6M | 99.2M | |
Liabilities And Stockholders Equity | 19.1B | 19.2B | 19.9B | 20.5B | 20.7B | 10.9B | |
Non Current Liabilities Total | 8.1B | 8.4B | 9.0B | 9.2B | 8.2B | 4.7B | |
Other Stockholder Equity | 10.7B | 10.7B | 10.7B | 10.8B | 11.3B | 5.9B | |
Total Liab | 8.1B | 8.4B | 9.0B | 9.2B | 8.9B | 5.0B | |
Other Current Liab | (92.1M) | (93.6M) | (63.7M) | 586.3M | 281.9M | 296.0M | |
Total Current Liabilities | 92.5M | 93.9M | 64.0M | 659.1M | 694.6M | 356.6M | |
Accounts Payable | 92.1M | 93.6M | 63.7M | 72.8M | 87.7M | 65.4M | |
Cash | 39.7M | 217.0M | 420.3M | 613.2M | 531.0M | 319.4M | |
Non Current Assets Total | 19.0B | 18.8B | 19.3B | 19.7B | 20.1B | 11.2B | |
Cash And Short Term Investments | 39.7M | 217.0M | 420.3M | 613.2M | 531.0M | 319.4M | |
Common Stock Total Equity | 1.4M | 1.4M | 1.4M | 1.4M | 1.6M | 1.0M | |
Total Current Assets | 161.8M | 362.5M | 596.1M | 771.1M | 531.0M | 396.8M | |
Accumulated Other Comprehensive Income | (31.5M) | (40.3M) | (26.1M) | 1.4M | 16.1M | 16.9M | |
Common Stock | 1.4M | 1.4M | 1.4M | 1.4M | 1.4M | 1.1M | |
Short Term Debt | 131.9M | 37.1M | 108.3M | 358.3M | 324.9M | 455.9M | |
Other Liab | 61.8M | 880.0M | 862.0M | 63.7M | 73.3M | 69.6M | |
Long Term Debt | 7.4B | 7.7B | 8.1B | 8.3B | 8.0B | 5.4B | |
Inventory | 457.8M | (80.3M) | (54.2M) | 32.5M | 29.3M | 27.8M | |
Other Current Assets | 165.0M | 207.7M | 211.5M | 247.5M | (531.0M) | (504.4M) | |
Net Tangible Assets | 11.0B | 10.8B | 10.9B | 11.3B | 12.9B | 9.4B | |
Warrants | 3.3M | 2.7M | 3.4M | 2.7M | 2.4M | 2.3M | |
Retained Earnings Total Equity | 282.9M | 126.0M | 240.8M | 485.2M | 558.0M | 585.9M | |
Long Term Debt Total | 7.4B | 7.7B | 8.2B | 8.3B | 9.6B | 6.9B | |
Capital Surpluse | 10.7B | 10.7B | 10.7B | 10.8B | 12.4B | 9.4B | |
Deferred Long Term Liab | 70.5M | 55.4M | 55.6M | 69.7M | 80.2M | 84.2M | |
Long Term Investments | 18.6B | 202.6M | 216.4M | 212.1M | 220.1M | 209.1M |
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 together with AvalonBay Stock
0.85 | O | Realty Income Corp | PairCorr |
Moving against AvalonBay Stock
0.75 | FR | First Industrial Realty | PairCorr |
0.63 | EQIX | Equinix | PairCorr |
0.57 | WHLR | Wheeler Real Estate | PairCorr |
0.55 | PW | Power REIT | PairCorr |
0.5 | ESBA | Empire State Realty | 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in AvalonBay Communities. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For information on how to trade AvalonBay Stock refer to our How to Trade AvalonBay Stock guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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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 0.162 | Dividend Share 6.65 | Earnings Share 6.73 | Revenue Per Share 19.92 | Quarterly Revenue Growth 0.065 |
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.