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See what the IHS Markit Score report has to say about AvalonBay Communities Inc.

IHS Markit

AvalonBay Communities Inc

NYSE:AVB

Score: Positive (88)

33 days at current score.

Upgraded from Neutral on October 8th 2018

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Summary


  • This company ranked positively compared to the Financials sector despite only 1 positive IHS Markit Category
  • Perception of the company's creditworthiness is neutral
  • Bearish sentiment is low
  • Economic output for the sector is expanding but at a slower rate


Bearish sentiment

Short interest | Positive

Short interest is extremely low for AVB with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting AVB.

Money flow

ETF/Index ownership | Neutral

ETF activity is neutral. ETFs that hold AVB had net inflows of $5.49 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing.

Economic sentiment

PMI by IHS Markit | Negative

According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing.

Credit worthiness

Credit default swap | Neutral

The current level displays a neutral indicator. AVB credit default swap spreads are within the middle of their range for the last three years.

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