AXIS Common Stock Total Equity vs Total Stockholder Equity Analysis

AXS Stock

USD 72.08 0.15 0.21%

AXIS Capital financial indicator trend analysis is way more than just evaluating AXIS Capital Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AXIS Capital Holdings is a good investment. Please check the relationship between AXIS Capital Common Stock Total Equity and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AXIS Capital Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Common Stock Total Equity vs Total Stockholder Equity

Common Stock Total Equity vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AXIS Capital Holdings Common Stock Total Equity account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.

The correlation between AXIS Capital's Common Stock Total Equity and Total Stockholder Equity is 0.69. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of AXIS Capital Holdings, assuming nothing else is changed. The correlation between historical values of AXIS Capital's Common Stock Total Equity and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of AXIS Capital Holdings are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Common Stock Total Equity i.e., AXIS Capital's Common Stock Total Equity and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.69

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most indicators from AXIS Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AXIS Capital Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AXIS Capital Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

At this time, AXIS Capital's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 100.2 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.07 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	5.3B	5.1B	5.6B	4.1B
Total Revenue	5.3B	5.1B	5.6B	4.1B

Gross Profit Total Revenue

AXIS Capital fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Other Current Liab	Total Current Liabilities	Net Debt	Cash And Short Term Investments	Other Current Assets	Short Long Term Debt Total	Long Term Debt	Good Will
Total Assets		0.62	0.33	0.91	0.67	0.31	0.7	-0.5	-0.2	0.78	0.85	-0.87	0.41	-0.88	0.99	0.85	0.73	0.84	-0.05	0.07	0.68	0.55	0.37	0.87	0.86	0.91
Total Stockholder Equity	0.62		0.04	0.8	0.06	0.34	0.18	-0.41	-0.1	0.26	0.69	-0.4	0.48	-0.51	0.5	0.69	0.06	0.69	0.34	0.39	0.27	0.62	-0.21	0.35	0.41	0.29
Other Liab	0.33	0.04		0.18	0.64	0.04	0.69	0.24	-0.44	0.62	0.46	-0.27	-0.3	-0.31	0.36	0.1	0.21	0.47	0.03	-0.07	0.44	-0.07	0.62	0.42	0.37	0.34
Retained Earnings	0.91	0.8	0.18		0.44	0.42	0.46	-0.5	-0.11	0.62	0.84	-0.82	0.55	-0.86	0.86	0.84	0.48	0.83	0.13	0.25	0.46	0.69	0.11	0.69	0.71	0.71
Accounts Payable	0.67	0.06	0.64	0.44		0.31	0.92	0.04	-0.29	0.92	0.6	-0.74	-0.19	-0.74	0.73	0.44	0.74	0.61	-0.08	-0.12	0.55	0.07	0.79	0.74	0.69	0.79
Cash	0.31	0.34	0.04	0.42	0.31		0.07	0.28	0.54	0.26	0.47	-0.44	0.02	-0.47	0.29	0.17	0.34	0.47	0.66	0.71	-0.37	0.19	-0.22	0.28	0.39	0.36
Non Current Assets Total	0.7	0.18	0.69	0.46	0.92	0.07		-0.1	-0.57	0.92	0.64	-0.68	-0.13	-0.69	0.74	0.5	0.64	0.65	-0.23	-0.28	0.74	0.13	0.88	0.75	0.68	0.75
Non Currrent Assets Other	-0.5	-0.41	0.24	-0.5	0.04	0.28	-0.1		0.28	-0.08	-0.09	0.36	-0.73	0.34	-0.48	-0.76	-0.32	-0.07	0.61	0.48	-0.64	-0.58	-0.01	-0.48	-0.46	-0.35
Other Assets	-0.2	-0.1	-0.44	-0.11	-0.29	0.54	-0.57	0.28		-0.32	-0.21	0.08	0.17	0.09	-0.21	-0.19	0.07	-0.21	0.58	0.65	-0.66	0.11	-0.72	-0.27	-0.16	-0.09
Net Receivables	0.78	0.26	0.62	0.62	0.92	0.26	0.92	-0.08	-0.32		0.71	-0.85	0.08	-0.86	0.81	0.57	0.67	0.71	-0.04	-0.07	0.61	0.37	0.72	0.74	0.7	0.8
Common Stock Total Equity	0.85	0.69	0.46	0.84	0.6	0.47	0.64	-0.09	-0.21	0.71		-0.68	0.1	-0.73	0.81	0.56	0.43	1.0	0.34	0.41	0.4	0.33	0.3	0.64	0.65	0.71
Common Stock Shares Outstanding	-0.87	-0.4	-0.27	-0.82	-0.74	-0.44	-0.68	0.36	0.08	-0.85	-0.68		-0.4	0.99	-0.88	-0.75	-0.77	-0.68	0.07	-0.02	-0.51	-0.58	-0.43	-0.82	-0.81	-0.86
Short Term Investments	0.41	0.48	-0.3	0.55	-0.19	0.02	-0.13	-0.73	0.17	0.08	0.1	-0.4		-0.39	0.36	0.62	0.18	0.09	-0.18	-0.04	0.26	0.92	-0.35	0.3	0.34	0.24
Other Stockholder Equity	-0.88	-0.51	-0.31	-0.86	-0.74	-0.47	-0.69	0.34	0.09	-0.86	-0.73	0.99	-0.39		-0.88	-0.79	-0.71	-0.74	-0.02	-0.08	-0.51	-0.61	-0.41	-0.79	-0.8	-0.83
Total Liab	0.99	0.5	0.36	0.86	0.73	0.29	0.74	-0.48	-0.21	0.81	0.81	-0.88	0.36	-0.88		0.81	0.79	0.8	-0.11	0.01	0.7	0.5	0.44	0.89	0.87	0.95
Total Current Assets	0.85	0.69	0.1	0.84	0.44	0.17	0.5	-0.76	-0.19	0.57	0.56	-0.75	0.62	-0.79	0.81		0.59	0.56	-0.19	-0.13	0.68	0.71	0.19	0.74	0.74	0.69
Intangible Assets	0.73	0.06	0.21	0.48	0.74	0.34	0.64	-0.32	0.07	0.67	0.43	-0.77	0.18	-0.71	0.79	0.59		0.43	-0.22	-0.12	0.54	0.25	0.45	0.85	0.85	0.93
Common Stock	0.84	0.69	0.47	0.83	0.61	0.47	0.65	-0.07	-0.21	0.71	1.0	-0.68	0.09	-0.74	0.8	0.56	0.43		0.35	0.41	0.4	0.33	0.31	0.64	0.65	0.7
Other Current Liab	-0.05	0.34	0.03	0.13	-0.08	0.66	-0.23	0.61	0.58	-0.04	0.34	0.07	-0.18	-0.02	-0.11	-0.19	-0.22	0.35		0.95	-0.6	0.01	-0.48	-0.29	-0.19	-0.13
Total Current Liabilities	0.07	0.39	-0.07	0.25	-0.12	0.71	-0.28	0.48	0.65	-0.07	0.41	-0.02	-0.04	-0.08	0.01	-0.13	-0.12	0.41	0.95		-0.58	0.08	-0.56	-0.18	-0.07	-0.01
Net Debt	0.68	0.27	0.44	0.46	0.55	-0.37	0.74	-0.64	-0.66	0.61	0.4	-0.51	0.26	-0.51	0.7	0.68	0.54	0.4	-0.6	-0.58		0.32	0.66	0.75	0.68	0.63
Cash And Short Term Investments	0.55	0.62	-0.07	0.69	0.07	0.19	0.13	-0.58	0.11	0.37	0.33	-0.58	0.92	-0.61	0.5	0.71	0.25	0.33	0.01	0.08	0.32		-0.19	0.41	0.45	0.37
Other Current Assets	0.37	-0.21	0.62	0.11	0.79	-0.22	0.88	-0.01	-0.72	0.72	0.3	-0.43	-0.35	-0.41	0.44	0.19	0.45	0.31	-0.48	-0.56	0.66	-0.19		0.53	0.41	0.49
Short Long Term Debt Total	0.87	0.35	0.42	0.69	0.74	0.28	0.75	-0.48	-0.27	0.74	0.64	-0.82	0.3	-0.79	0.89	0.74	0.85	0.64	-0.29	-0.18	0.75	0.41	0.53		0.99	0.92
Long Term Debt	0.86	0.41	0.37	0.71	0.69	0.39	0.68	-0.46	-0.16	0.7	0.65	-0.81	0.34	-0.8	0.87	0.74	0.85	0.65	-0.19	-0.07	0.68	0.45	0.41	0.99		0.91
Good Will	0.91	0.29	0.34	0.71	0.79	0.36	0.75	-0.35	-0.09	0.8	0.71	-0.86	0.24	-0.83	0.95	0.69	0.93	0.7	-0.13	-0.01	0.63	0.37	0.49	0.92	0.91

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AXIS Capital Account Relationship Matchups

AXIS Capital fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	25.6B	25.9B	27.4B	27.6B	28.3B	20.2B
Total Stockholder Equity	5.5B	5.3B	5.4B	4.6B	5.3B	5.4B
Other Liab	10.9B	1.4B	1.8B	12.9B	14.8B	15.6B
Retained Earnings	6.1B	5.8B	6.2B	6.2B	6.4B	4.7B
Accounts Payable	1.3B	1.1B	1.3B	1.5B	1.8B	1.9B
Cash	1.2B	902.8M	844.6M	751.4M	1.4B	1.3B
Non Current Assets Total	13.5B	13.3B	14.0B	13.1B	16.5B	17.4B
Non Currrent Assets Other	(13.5B)	(13.3B)	(14.0B)	(13.1B)	(441.0M)	(463.1M)
Other Assets	(9.1B)	(8.2B)	(8.2B)	(6.9B)	(6.2B)	(5.9B)
Net Receivables	7.4B	7.7B	8.4B	9.2B	10.1B	10.6B
Common Stock Shares Outstanding	84.5M	84.3M	85.3M	85.7M	86.0M	96.2M
Short Term Investments	12.5B	12.2B	12.3B	11.4B	17.2M	16.4M
Liabilities And Stockholders Equity	25.6B	25.9B	27.4B	27.6B	28.3B	20.2B
Other Stockholder Equity	(1.5B)	(1.4B)	(1.4B)	(1.4B)	(1.4B)	(1.3B)
Total Liab	20.1B	20.6B	22.0B	23.0B	23.1B	14.8B
Total Current Assets	21.1B	20.8B	21.5B	21.4B	11.8B	16.4B
Intangible Assets	230.6M	219.6M	208.7M	197.8M	186.9M	115.3M
Other Current Liab	(1.3B)	(1.1B)	(1.3B)	(102.6M)	16.4B	17.3B
Total Current Liabilities	1.3B	1.1B	1.3B	1.5B	18.3B	10.3B
Net Debt	682.6M	547.1M	585.9M	744.9M	138.6M	145.6M
Cash And Short Term Investments	13.7B	13.1B	13.2B	12.1B	5.3B	8.8B
Other Current Assets	9.0B	9.4B	9.7B	10.5B	11.8B	12.4B
Accumulated Other Comprehensive Income	171.7M	414.4M	56.5M	(760.3M)	(365.8M)	(347.5M)
Short Long Term Debt Total	1.9B	1.4B	1.4B	1.5B	1.5B	1.1B
Long Term Debt	1.8B	1.3B	1.3B	1.3B	1.4B	1.1B
Non Current Liabilities Total	1.9B	1.4B	1.4B	1.5B	4.8B	5.1B
Treasury Stock	(3.8B)	(3.8B)	(3.8B)	(3.7B)	(3.4B)	(3.5B)
Inventory	(9.0B)	(9.4B)	(9.7B)	(10.5B)	(15.4B)	(14.6B)
Net Tangible Assets	4.4B	4.4B	4.6B	3.8B	3.4B	3.7B
Retained Earnings Total Equity	5.9B	6.1B	5.8B	6.2B	7.1B	5.7B
Long Term Debt Total	1.8B	1.3B	1.3B	1.3B	1.5B	1.3B
Capital Surpluse	2.3B	2.3B	2.3B	2.4B	2.7B	2.5B
Long Term Investments	14.4B	14.3B	13.6B	12.7B	13.7B	15.0B
Non Current Liabilities Other	17.6B	18.2B	19.2B	20.6B	23.7B	16.8B

Pair Trading with AXIS Capital

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

Moving together with AXIS Stock

0.76

ACT

Enact Holdings

Pair Corr

Moving against AXIS Stock

0.69	MBI	MBIA Inc	Pair Corr
0.64	EIG	Employers Holdings	Pair Corr
0.56	JRVR	James River Group	Pair Corr
0.49	AGO	Assured Guaranty	Pair Corr

The ability to find closely correlated positions to AXIS Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AXIS Capital 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 AXIS Capital - 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 AXIS Capital Holdings to buy it.

The correlation of AXIS Capital 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 AXIS Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AXIS Capital 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 AXIS Capital 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 Correlation Correlation Matching

Additional Tools for AXIS Stock Analysis

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

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