Avantor Good Will from 2010 to 2025

AVTR Stock  USD 16.54  0.26  1.60%   
Avantor Good Will yearly trend continues to be relatively stable with very little volatility. Good Will is likely to drop to about 4.1 B. Good Will is an intangible asset that arises when Avantor acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. View All Fundamentals
 
Good Will  
First Reported
2017-12-31
Previous Quarter
5.7 B
Current Value
5.5 B
Quarterly Volatility
1.4 B
 
Covid
Check Avantor financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Avantor's main balance sheet or income statement drivers, such as Interest Expense of 279.3 M, Selling General Administrative of 1.3 B or Total Revenue of 5.2 B, as well as many indicators such as Price To Sales Ratio of 2.01, Dividend Yield of 0.0026 or PTB Ratio of 2.53. Avantor financial statements analysis is a perfect complement when working with Avantor Valuation or Volatility modules.
  
Check out the analysis of Avantor Correlation against competitors.
To learn how to invest in Avantor Stock, please use our How to Invest in Avantor guide.

Latest Avantor's Good Will Growth Pattern

Below is the plot of the Good Will of Avantor over the last few years. It is an intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. Avantor's Good Will historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Avantor's overall financial position and show how it may be relating to other accounts over time.
Good Will10 Years Trend
Slightly volatile
   Good Will   
       Timeline  

Avantor Good Will Regression Statistics

Arithmetic Mean2,433,278,680
Geometric Mean1,041,333,140
Coefficient Of Variation93.73
Mean Deviation1,966,281,345
Median2,784,700,000
Standard Deviation2,280,731,767
Sample Variance5201737.4T
Range5.5B
R-Value0.91
Mean Square Error979221.3T
R-Squared0.82
Slope434,933,946
Total Sum of Squares78026060.9T

Avantor Good Will History

20254.1 B
20245.5 B
20235.7 B
20225.7 B
20215.3 B
20202.9 B
20192.8 B

About Avantor Financial Statements

Avantor shareholders use historical fundamental indicators, such as Good Will, to determine how well the company is positioned to perform in the future. Although Avantor investors may analyze each financial statement separately, they are all interrelated. The changes in Avantor's assets and liabilities, for example, are also reflected in the revenues and expenses on on Avantor's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Good Will5.5 B4.1 B

Pair Trading with Avantor

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

Moving together with Avantor Stock

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Moving against Avantor Stock

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The ability to find closely correlated positions to Avantor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avantor 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 Avantor - 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 Avantor to buy it.
The correlation of Avantor 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 Avantor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avantor 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 Avantor 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

Additional Tools for Avantor Stock Analysis

When running Avantor's price analysis, check to measure Avantor'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 Avantor is operating at the current time. Most of Avantor's value examination focuses on studying past and present price action to predict the probability of Avantor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avantor's price. Additionally, you may evaluate how the addition of Avantor to your portfolios can decrease your overall portfolio volatility.