AvalonBay Reconciled Depreciation vs Total Operating Expenses Analysis

AVB Stock  USD 197.49  0.50  0.25%   
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 Reconciled Depreciation and its Total 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.

Reconciled Depreciation vs Total Operating Expenses

Reconciled Depreciation vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AvalonBay Communities Reconciled Depreciation account and Total Operating Expenses. At this time, the significance of the direction appears to have almost no relationship.
The correlation between AvalonBay Communities' Reconciled Depreciation and Total Operating Expenses is 0.14. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Total 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' Reconciled Depreciation and Total 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 Reconciled Depreciation of AvalonBay Communities are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Reconciled Depreciation i.e., AvalonBay Communities' Reconciled Depreciation and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Reconciled Depreciation

Total Operating Expenses

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.
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 Profit1.4B1.7B1.0B878.8M
Total Revenue2.3B2.6B2.8B3.0B

AvalonBay Communities fundamental ratios Correlations

0.991.0-0.370.950.370.850.240.970.980.990.99-0.370.39-0.120.83-0.150.99-0.150.96-0.10.96-0.420.060.98-0.02
0.990.98-0.340.960.380.850.260.970.980.981.0-0.340.37-0.070.81-0.20.99-0.20.95-0.150.94-0.370.080.99-0.02
1.00.98-0.40.930.360.850.210.970.981.00.98-0.40.41-0.150.84-0.110.98-0.110.96-0.060.96-0.460.030.97-0.01
-0.37-0.34-0.4-0.32-0.27-0.62-0.17-0.27-0.5-0.4-0.331.0-0.860.85-0.420.05-0.380.05-0.270.04-0.270.960.14-0.410.13
0.950.960.93-0.320.420.840.250.910.950.920.96-0.320.37-0.060.79-0.450.98-0.450.86-0.40.86-0.340.020.98-0.02
0.370.380.36-0.270.420.560.650.240.380.290.39-0.270.560.150.05-0.250.41-0.250.26-0.250.22-0.09-0.240.45-0.65
0.850.850.85-0.620.840.560.440.820.890.840.85-0.620.64-0.320.78-0.250.88-0.250.81-0.210.81-0.58-0.090.9-0.15
0.240.260.21-0.170.250.650.440.160.240.170.27-0.170.330.120.06-0.050.26-0.050.21-0.070.160.030.010.32-0.55
0.970.970.97-0.270.910.240.820.160.940.980.97-0.270.27-0.060.88-0.10.96-0.10.98-0.040.99-0.340.060.930.11
0.980.980.98-0.50.950.380.890.240.940.970.98-0.50.5-0.250.82-0.190.98-0.190.91-0.140.92-0.530.070.99-0.04
0.990.981.0-0.40.920.290.840.170.980.970.98-0.40.38-0.170.87-0.090.98-0.090.97-0.040.97-0.460.050.960.04
0.991.00.98-0.330.960.390.850.270.970.980.98-0.330.37-0.070.8-0.190.99-0.190.95-0.140.94-0.370.090.99-0.04
-0.37-0.34-0.41.0-0.32-0.27-0.62-0.17-0.27-0.5-0.4-0.33-0.860.85-0.420.05-0.380.05-0.270.04-0.270.960.14-0.410.13
0.390.370.41-0.860.370.560.640.330.270.50.380.37-0.86-0.480.33-0.130.41-0.130.28-0.110.27-0.76-0.350.45-0.22
-0.12-0.07-0.150.85-0.060.15-0.320.12-0.06-0.25-0.17-0.070.85-0.48-0.29-0.04-0.11-0.04-0.04-0.06-0.070.88-0.1-0.13-0.02
0.830.810.84-0.420.790.050.780.060.880.820.870.8-0.420.33-0.29-0.210.83-0.210.86-0.170.87-0.52-0.110.790.28
-0.15-0.2-0.110.05-0.45-0.25-0.25-0.05-0.1-0.19-0.09-0.190.05-0.13-0.04-0.21-0.271.00.011.00.00.020.2-0.280.01
0.990.990.98-0.380.980.410.880.260.960.980.980.99-0.380.41-0.110.83-0.27-0.270.94-0.220.93-0.410.020.99-0.04
-0.15-0.2-0.110.05-0.45-0.25-0.25-0.05-0.1-0.19-0.09-0.190.05-0.13-0.04-0.211.0-0.270.011.00.00.020.2-0.280.01
0.960.950.96-0.270.860.260.810.210.980.910.970.95-0.270.28-0.040.860.010.940.010.060.99-0.330.040.910.08
-0.1-0.15-0.060.04-0.4-0.25-0.21-0.07-0.04-0.14-0.04-0.140.04-0.11-0.06-0.171.0-0.221.00.060.06-0.010.22-0.230.03
0.960.940.96-0.270.860.220.810.160.990.920.970.94-0.270.27-0.070.870.00.930.00.990.06-0.350.060.90.11
-0.42-0.37-0.460.96-0.34-0.09-0.580.03-0.34-0.53-0.46-0.370.96-0.760.88-0.520.02-0.410.02-0.33-0.01-0.350.04-0.42-0.02
0.060.080.030.140.02-0.24-0.090.010.060.070.050.090.14-0.35-0.1-0.110.20.020.20.040.220.060.040.06-0.2
0.980.990.97-0.410.980.450.90.320.930.990.960.99-0.410.45-0.130.79-0.280.99-0.280.91-0.230.9-0.420.06-0.08
-0.02-0.02-0.010.13-0.02-0.65-0.15-0.550.11-0.040.04-0.040.13-0.22-0.020.280.01-0.040.010.080.030.11-0.02-0.2-0.08
Click cells to compare fundamentals

AvalonBay Communities Account Relationship Matchups

AvalonBay Communities fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets19.1B19.2B19.9B20.5B20.7B10.9B
Short Long Term Debt Total7.3B7.6B8.1B8.3B8.1B4.4B
Total Stockholder Equity11.0B10.8B10.9B11.3B11.8B5.9B
Net Debt7.3B7.3B7.7B7.7B7.6B4.1B
Retained Earnings282.9M126.0M240.8M485.2M478.2M502.1M
Non Currrent Assets Other18.7B18.5B18.9B19.3B19.7B20.7B
Other Assets578.5M18.7B544.5M19.5B20.1B21.2B
Common Stock Shares Outstanding139.6M140.4M139.7M140.0M141.6M99.2M
Liabilities And Stockholders Equity19.1B19.2B19.9B20.5B20.7B10.9B
Non Current Liabilities Total8.1B8.4B9.0B9.2B8.2B4.7B
Other Stockholder Equity10.7B10.7B10.7B10.8B11.3B5.9B
Total Liab8.1B8.4B9.0B9.2B8.9B5.0B
Other Current Liab(92.1M)(93.6M)(63.7M)586.3M281.9M296.0M
Total Current Liabilities92.5M93.9M64.0M659.1M694.6M356.6M
Accounts Payable92.1M93.6M63.7M72.8M87.7M65.4M
Cash39.7M217.0M420.3M613.2M531.0M319.4M
Non Current Assets Total19.0B18.8B19.3B19.7B20.1B11.2B
Cash And Short Term Investments39.7M217.0M420.3M613.2M531.0M319.4M
Common Stock Total Equity1.4M1.4M1.4M1.4M1.6M1.0M
Total Current Assets161.8M362.5M596.1M771.1M531.0M396.8M
Accumulated Other Comprehensive Income(31.5M)(40.3M)(26.1M)1.4M16.1M16.9M
Common Stock1.4M1.4M1.4M1.4M1.4M1.1M
Short Term Debt131.9M37.1M108.3M358.3M324.9M455.9M
Other Liab61.8M880.0M862.0M63.7M73.3M69.6M
Long Term Debt7.4B7.7B8.1B8.3B8.0B5.4B
Inventory457.8M(80.3M)(54.2M)32.5M29.3M27.8M
Other Current Assets165.0M207.7M211.5M247.5M(531.0M)(504.4M)
Net Tangible Assets11.0B10.8B10.9B11.3B12.9B9.4B
Warrants3.3M2.7M3.4M2.7M2.4M2.3M
Retained Earnings Total Equity282.9M126.0M240.8M485.2M558.0M585.9M
Long Term Debt Total7.4B7.7B8.2B8.3B9.6B6.9B
Capital Surpluse10.7B10.7B10.7B10.8B12.4B9.4B
Deferred Long Term Liab70.5M55.4M55.6M69.7M80.2M84.2M
Long Term Investments18.6B202.6M216.4M212.1M220.1M209.1M

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

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Moving against AvalonBay Stock

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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.
Pair CorrelationCorrelation Matching
When determining whether AvalonBay Communities offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AvalonBay Communities' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Avalonbay Communities Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Avalonbay Communities Stock:
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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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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.