Axa Interest Income from 2010 to 2024
| EQH Stock | USD 40.52 0.29 0.72% |
Interest Income | First Reported 2010-12-31 | Previous Quarter 1.7 B | Current Value 2.3 B | Quarterly Volatility 1.2 B |
Check Axa Equitable financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Axa main balance sheet or income statement drivers, such as Depreciation And Amortization of 565.3 M, Interest Expense of 174.7 M or Selling General Administrative of 2.4 B, as well as many exotic indicators such as Price To Sales Ratio of 0.79, Dividend Yield of 0.022 or PTB Ratio of 4.62. Axa financial statements analysis is a perfect complement when working with Axa Equitable Valuation or Volatility modules.
Axa | Interest Income |
Latest Axa Equitable's Interest Income Growth Pattern
Below is the plot of the Interest Income of Axa Equitable Holdings over the last few years. It is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. Axa Equitable's Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Axa Equitable's overall financial position and show how it may be relating to other accounts over time.
| Interest Income | 10 Years Trend |
|
Interest Income |
| Timeline |
Axa Interest Income Regression Statistics
| Arithmetic Mean | 1,869,011,667 | |
| Geometric Mean | 1,392,057,278 | |
| Coefficient Of Variation | 63.80 | |
| Mean Deviation | 771,448,889 | |
| Median | 1,529,000,000 | |
| Standard Deviation | 1,192,356,097 | |
| Sample Variance | 1421713.1T | |
| Range | 4.7B | |
| R-Value | 0.32 | |
| Mean Square Error | 1375591.3T | |
| R-Squared | 0.10 | |
| Significance | 0.25 | |
| Slope | 84,964,196 | |
| Total Sum of Squares | 19903982.9T |
Axa Interest Income History
Other Fundumenentals of Axa Equitable Holdings
Axa Equitable Interest Income component correlations
Click cells to compare fundamentals
About Axa Equitable Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Axa Equitable income statement, its balance sheet, and the statement of cash flows. Axa Equitable investors use historical funamental indicators, such as Axa Equitable's Interest Income, to determine how well the company is positioned to perform in the future. Although Axa Equitable investors may use each financial statement separately, they are all related. The changes in Axa Equitable's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Axa Equitable'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 Axa Equitable Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Axa Equitable. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Interest Income | 1.7 B | 2.3 B | |
| Net Interest Income | -224 M | -235.2 M |
Pair Trading with Axa Equitable
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 Axa Equitable 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 Axa Equitable will appreciate offsetting losses from the drop in the long position's value.Moving together with Axa Stock
| 0.71 | FIHL | Fidelis Insurance Report 28th of June 2024 | PairCorr |
| 0.87 | AEG | Aegon NV ADR | PairCorr |
| 0.83 | AIG | American International | PairCorr |
Moving against Axa Stock
| 0.79 | GSHD | Goosehead Insurance | PairCorr |
| 0.42 | ACGLO | Arch Capital Group | PairCorr |
The ability to find closely correlated positions to Axa Equitable could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Axa Equitable 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 Axa Equitable - 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 Axa Equitable Holdings to buy it.
The correlation of Axa Equitable 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 Axa Equitable moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Axa Equitable Holdings 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 Axa Equitable 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 Axa Equitable Correlation against competitors. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for Axa Stock analysis
When running Axa Equitable's price analysis, check to measure Axa Equitable'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 Axa Equitable is operating at the current time. Most of Axa Equitable's value examination focuses on studying past and present price action to predict the probability of Axa Equitable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axa Equitable's price. Additionally, you may evaluate how the addition of Axa Equitable to your portfolios can decrease your overall portfolio volatility.
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Is Axa Equitable'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 Axa Equitable. If investors know Axa 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 Axa Equitable 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 (0.33) | Dividend Share 0.9 | Earnings Share 3.33 | Revenue Per Share 30.362 | Quarterly Revenue Growth (0.05) |
The market value of Axa Equitable Holdings is measured differently than its book value, which is the value of Axa that is recorded on the company's balance sheet. Investors also form their own opinion of Axa Equitable's value that differs from its market value or its book value, called intrinsic value, which is Axa Equitable'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 Axa Equitable's market value can be influenced by many factors that don't directly affect Axa Equitable'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 Axa Equitable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Axa Equitable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axa Equitable'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.