Vinod Purayath - Avient Corp Senior Vice President, Chief Technology Officer

AVNT Stock  USD 42.42  0.88  2.03%   

President

Vinod Purayath is Senior Vice President, Chief Technology Officer of Avient Corp since 2021.
Age 45
Tenure 3 years
Address 33587 Walker Road, Avon Lake, OH, United States, 44012
Phone440 930 1000
Webhttps://www.avient.com

Avient Corp Management Efficiency

The company has return on total asset (ROA) of 0.0318 % which means that it generated a profit of $0.0318 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0325 %, meaning that it created $0.0325 on every $100 dollars invested by stockholders. Avient Corp's management efficiency ratios could be used to measure how well Avient Corp manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Avient Corp's Return On Capital Employed is comparatively stable compared to the past year. Return On Assets is likely to gain to 0.01 in 2024, whereas Return On Tangible Assets are likely to drop 0.02 in 2024. At this time, Avient Corp's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 3 B in 2024, whereas Total Current Liabilities is likely to drop slightly above 590.5 M in 2024.
The company currently holds 2.14 B in liabilities with Debt to Equity (D/E) ratio of 1.05, which is about average as compared to similar companies. Avient Corp has a current ratio of 1.26, suggesting that it is in a questionable position to pay out its financial obligations when due. Debt can assist Avient Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Avient Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Avient Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Avient to invest in growth at high rates of return. When we think about Avient Corp's use of debt, we should always consider it together with cash and equity.

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Avient Corporation provides specialized formulator, services, and sustainable material solutions in the United States, Canada, Mexico, Europe, South America, and Asia. Avient Corporation was founded in 1885 and is headquartered in Avon Lake, Ohio. Avient Corp operates under Specialty Chemicals classification in the United States and is traded on New York Stock Exchange. It employs 8800 people. Avient Corp (AVNT) is traded on New York Stock Exchange in USA. It is located in 33587 Walker Road, Avon Lake, OH, United States, 44012 and employs 9,300 people. Avient Corp is listed under Specialty Chemicals category by Fama And French industry classification.

Management Performance

Avient Corp Leadership Team

Elected by the shareholders, the Avient Corp's board of directors comprises two types of representatives: Avient Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Avient. The board's role is to monitor Avient Corp's management team and ensure that shareholders' interests are well served. Avient Corp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Avient Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Michael Garratt, Senior Vice President and Presidentident - Color, Additives and Inks, EMEA
Kim Mink, Independent Director
Robert James, Assistant Secretary
Richard Fearon, Lead Independent Director
Joao Neto, Chief Human Resource Officer, Senior Vice President
Robert Patterson, Chairman of the Board, President, Chief Executive Officer
Vinod Purayath, Senior Vice President, Chief Technology Officer
Robert Abernathy, Independent Director
Kerry Preete, Independent Director
John Midea, Senior Improvement
Ashish Khandpur, CEO President
William Jellison, Independent Director
Kurt Schuering, Vice Excellence
Giuseppe Salvo, VP Treasurer
Joel Rathbun, Senior Vice President - Mergers & Acquisitions
Patricia Verduin, Independent Director
Brian Schilf, VP Officer
Neil Green, Independent Director
William Wulfsohn, Independent Director
Lisa Kunkle, Senior Vice President General Counsel, Secretary
Cathy Dodd, Senior Vice President and Presidentident of Distribution
Kristen Gajewski, Senior Officer
Jamie Beggs, Chief Financial Officer, Senior Vice President
Ernest Nicolas, Independent Director
Christopher Pederson, Senior Vice President and Presidentident of Specialty Engineered Materials
Kyle Rose, Vice Communications
M Midea, Senior Vice President - Global Operations and Process Improvement
Gregory Goff, Independent Director
Sandra Lin, Independent Director
Amy Evins, Interim Officer
Woon Moh, Senior Vice President and Presidentident Color, Additives and Inks, Americas and Asia

Avient Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Avient Corp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Avient Corp Investors Sentiment

The influence of Avient Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Avient. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Avient Corp's public news can be used to forecast risks associated with an investment in Avient. The trend in average sentiment can be used to explain how an investor holding Avient can time the market purely based on public headlines and social activities around Avient Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Avient Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Avient Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Avient Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Avient Corp.
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 Avient Corp 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, Avient Corp's short interest history, or implied volatility extrapolated from Avient Corp options trading.

Pair Trading with Avient Corp

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 Avient Corp 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 Avient Corp will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Avient Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avient Corp 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 Avient Corp - 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 Avient Corp to buy it.
The correlation of Avient Corp 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 Avient Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avient Corp 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 Avient Corp 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 Avient Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Avient Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Avient Corp Stock. Highlighted below are key reports to facilitate an investment decision about Avient Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avient Corp. 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.
For more information on how to buy Avient Stock please use our How to Invest in Avient Corp guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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When running Avient Corp's price analysis, check to measure Avient Corp'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 Avient Corp is operating at the current time. Most of Avient Corp's value examination focuses on studying past and present price action to predict the probability of Avient Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avient Corp's price. Additionally, you may evaluate how the addition of Avient Corp to your portfolios can decrease your overall portfolio volatility.
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Is Avient Corp'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 Avient Corp. If investors know Avient 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 Avient Corp 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
(0.95)
Dividend Share
1
Earnings Share
0.83
Revenue Per Share
34.498
Quarterly Revenue Growth
(0.09)
The market value of Avient Corp is measured differently than its book value, which is the value of Avient that is recorded on the company's balance sheet. Investors also form their own opinion of Avient Corp's value that differs from its market value or its book value, called intrinsic value, which is Avient Corp'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 Avient Corp's market value can be influenced by many factors that don't directly affect Avient Corp'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 Avient Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avient Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avient Corp'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.