AVIS Financial Statements From 2010 to 2024
| CUCA Stock | EUR 98.38 3.32 3.26% |
Check AVIS BUDGET financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AVIS main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . AVIS financial statements analysis is a perfect complement when working with AVIS BUDGET Valuation or Volatility modules.
AVIS |
AVIS BUDGET GROUP Company Revenue Analysis
AVIS BUDGET's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current AVIS BUDGET Revenue | 11.99 B |
Most of AVIS BUDGET's fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, AVIS BUDGET GROUP is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
| Competition |
Based on the latest financial disclosure, AVIS BUDGET GROUP reported 11.99 B of revenue. This is much higher than that of the Other sector and significantly higher than that of the Other industry. The revenue for all Germany stocks is notably lower than that of the firm.
AVIS BUDGET GROUP Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining AVIS BUDGET's current stock value. Our valuation model uses many indicators to compare AVIS BUDGET value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across AVIS BUDGET competition to find correlations between indicators driving AVIS BUDGET's intrinsic value. More Info.AVIS BUDGET GROUP is rated third in current valuation category among related companies. It is rated fourth in price to book category among related companies . The ratio of Current Valuation to Price To Book for AVIS BUDGET GROUP is about 3,534,684,347 . Comparative valuation analysis is a catch-all model that can be used if you cannot value AVIS BUDGET by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for AVIS BUDGET's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the AVIS BUDGET's earnings, one of the primary drivers of an investment's value.About AVIS BUDGET Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include AVIS BUDGET income statement, its balance sheet, and the statement of cash flows. AVIS BUDGET investors use historical funamental indicators, such as AVIS BUDGET's revenue or net income, to determine how well the company is positioned to perform in the future. Although AVIS BUDGET investors may use each financial statement separately, they are all related. The changes in AVIS BUDGET's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on AVIS BUDGET'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 AVIS BUDGET Financial Statements. Understanding these patterns can help to make the right decision on long term investment in AVIS BUDGET. Please read more on our technical analysis and fundamental analysis pages.
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
| 0.78 | APC | Apple Inc | PairCorr |
| 0.78 | APC | Apple Inc | PairCorr |
| 0.78 | APC | Apple Inc | PairCorr |
| 0.78 | APC | Apple Inc | PairCorr |
Moving against AVIS Stock
| 0.85 | MFZA | Mitsubishi UFJ Financial | PairCorr |
| 0.84 | HYU | Hyundai Motor | PairCorr |
| 0.81 | HYU | Hyundai Motor | PairCorr |
| 0.8 | 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 the analysis of AVIS BUDGET Correlation against competitors. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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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