SOS Common Stock Total Equity from 2010 to 2024
| SOS Stock | USD 0.86 0.01 1.18% |
Common Stock Total Equity | First Reported 2010-12-31 | Previous Quarter 69 K | Current Value 72.5 K | Quarterly Volatility 29.7 K |
Check SOS financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SOS's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.3 M, Interest Expense of 17.3 M or Selling General Administrative of 17.4 M, as well as many indicators such as Price To Sales Ratio of 166, Dividend Yield of 0.0 or PTB Ratio of 24.94. SOS financial statements analysis is a perfect complement when working with SOS Valuation or Volatility modules.
SOS | Common Stock Total Equity |
Latest SOS's Common Stock Total Equity Growth Pattern
Below is the plot of the Common Stock Total Equity of SOS Limited over the last few years. It is the total value of common stock equity held by shareholders, representing their ownership interest in the company. SOS's Common Stock Total Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SOS's overall financial position and show how it may be relating to other accounts over time.
| Common Stock Total Equity | 10 Years Trend |
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Common Stock Total Equity |
| Timeline |
SOS Common Stock Total Equity Regression Statistics
| Arithmetic Mean | 24,030 | |
| Geometric Mean | 8,629 | |
| Coefficient Of Variation | 123.76 | |
| Mean Deviation | 26,840 | |
| Median | 6,000 | |
| Standard Deviation | 29,739 | |
| Sample Variance | 884.4M | |
| Range | 70.5K | |
| R-Value | 0.87 | |
| Mean Square Error | 239.3M | |
| R-Squared | 0.75 | |
| Significance | 0.000031 | |
| Slope | 5,754 | |
| Total Sum of Squares | 12.4B |
SOS Common Stock Total Equity History
About SOS Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include SOS income statement, its balance sheet, and the statement of cash flows. SOS investors use historical funamental indicators, such as SOS's Common Stock Total Equity, to determine how well the company is positioned to perform in the future. Although SOS investors may use each financial statement separately, they are all related. The changes in SOS's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on SOS'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 SOS Financial Statements. Understanding these patterns can help to make the right decision on long term investment in SOS. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Common Stock Total Equity | 69 K | 72.5 K |
Pair Trading with SOS
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 SOS 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 SOS will appreciate offsetting losses from the drop in the long position's value.Moving together with SOS Stock
Moving against SOS Stock
| 0.75 | ABM | ABM Industries Fiscal Year End 11th of December 2024 | PairCorr |
| 0.74 | BV | BrightView Holdings Fiscal Year End 21st of November 2024 | PairCorr |
| 0.73 | VLTO | Veralto | PairCorr |
| 0.71 | ESGL | ESGL Holdings Limited | PairCorr |
| 0.67 | BCO | Brinks Company | PairCorr |
The ability to find closely correlated positions to SOS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SOS 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 SOS - 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 SOS Limited to buy it.
The correlation of SOS 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 SOS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SOS Limited 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 SOS 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.Additional Tools for SOS Stock Analysis
When running SOS's price analysis, check to measure SOS'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 SOS is operating at the current time. Most of SOS's value examination focuses on studying past and present price action to predict the probability of SOS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SOS's price. Additionally, you may evaluate how the addition of SOS to your portfolios can decrease your overall portfolio volatility.