Cincinnati Common Stock vs Net Tangible Assets Analysis
CINF Stock | USD 110.88 7.56 6.38% |
Cincinnati Financial financial indicator trend analysis is way more than just evaluating Cincinnati Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cincinnati Financial is a good investment. Please check the relationship between Cincinnati Financial Common Stock and its Net Tangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cincinnati Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Cincinnati Stock please use our How to Invest in Cincinnati Financial guide.
Common Stock vs Net Tangible Assets
Common Stock vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cincinnati Financial Common Stock account and Net Tangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Cincinnati Financial's Common Stock and Net Tangible Assets is 0.41. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Cincinnati Financial, assuming nothing else is changed. The correlation between historical values of Cincinnati Financial's Common Stock and Net Tangible Assets 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 of Cincinnati Financial are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Common Stock i.e., Cincinnati Financial's Common Stock and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.41 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Common Stock
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Most indicators from Cincinnati Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cincinnati Financial 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 Cincinnati Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Cincinnati Stock please use our How to Invest in Cincinnati Financial guide.At this time, Cincinnati Financial's Enterprise Value is most likely to increase significantly in the upcoming years.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 9.6B | 6.5B | 10.0B | 10.5B | Total Revenue | 9.6B | 6.6B | 10.0B | 10.5B |
Cincinnati Financial fundamental ratios Correlations
Click cells to compare fundamentals
Cincinnati Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cincinnati Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 25.4B | 27.5B | 31.4B | 29.7B | 32.1B | 33.7B | |
Short Long Term Debt Total | 885M | 899M | 897M | 891M | 874M | 636.0M | |
Total Stockholder Equity | 9.9B | 10.8B | 13.1B | 10.5B | 12.1B | 12.7B | |
Net Debt | 118M | (1M) | (242M) | (373M) | (33M) | (31.4M) | |
Retained Earnings | 9.3B | 10.1B | 12.6B | 11.7B | 13.1B | 13.7B | |
Other Assets | 2.4B | 2.6B | 2.8B | 3.1B | 3.5B | 3.4B | |
Liabilities And Stockholders Equity | 25.4B | 27.5B | 31.4B | 29.7B | 32.8B | 34.4B | |
Non Current Liabilities Total | 1.9B | 2.1B | 2.6B | 50M | 11.5B | 12.1B | |
Other Stockholder Equity | (238M) | (462M) | (565M) | (932M) | (948M) | (900.6M) | |
Total Liab | 15.5B | 16.8B | 18.3B | 19.2B | 20.0B | 21.0B | |
Property Plant And Equipment Net | 207M | 213M | 205M | 202M | 208M | 159.6M | |
Non Currrent Assets Other | (19.7B) | (21.4B) | (24.5B) | (1.1B) | 2.1B | 2.2B | |
Total Current Liabilities | 13.3B | 39M | 54M | 50M | 8.4B | 7.9B | |
Non Current Assets Total | 19.7B | 21.4B | 24.5B | 22.2B | 28.3B | 29.7B | |
Net Receivables | 2.6B | 2.6B | 2.9B | 3.2B | 3.5B | 3.7B | |
Total Current Assets | 3.4B | 3.5B | 4.0B | 4.5B | 3.8B | 4.0B | |
Short Term Debt | 32M | 39M | 54M | 50M | 25M | 23.8M | |
Other Current Liab | 13.3B | (39M) | (54M) | (1.0B) | 8.4B | 8.0B | |
Cash | 767M | 900M | 1.1B | 1.3B | 907M | 493.3M | |
Cash And Short Term Investments | 767M | 900M | 1.1B | 1.3B | 14.7B | 15.4B | |
Short Term Investments | 296M | 348M | 329M | 452M | 13.8B | 14.5B | |
Accumulated Other Comprehensive Income | 448M | 769M | 648M | (636M) | (435M) | (413.3M) | |
Other Liab | 9.6B | 12.9B | 14.1B | 11.4B | 13.1B | 13.8B | |
Long Term Debt | 39M | 54M | 843M | 841M | 790M | 829.5M | |
Treasury Stock | (1.5B) | (1.8B) | (1.9B) | (2.3B) | (2.1B) | (2.0B) | |
Property Plant Equipment | 207M | 213M | 205M | 202M | 232.3M | 210.7M | |
Other Current Assets | 3.2B | 3.6B | 4.1B | 4.5B | 3.8B | 4.0B | |
Net Tangible Assets | 9.9B | 10.8B | 13.1B | 10.5B | 12.1B | 8.6B | |
Accounts Payable | 2.1B | 2.4B | 2.6B | 3.1B | 3.5B | 3.7B | |
Retained Earnings Total Equity | 9.3B | 10.1B | 12.6B | 11.7B | 13.5B | 7.4B | |
Long Term Debt Total | 846M | 845M | 843M | 841M | 967.2M | 916.6M | |
Capital Surpluse | 1.3B | 1.3B | 1.4B | 1.4B | 1.6B | 1.4B | |
Deferred Long Term Liab | 1.1B | 1.3B | 1.7B | 1.0B | 1.2B | 895.4M | |
Long Term Investments | 20.0B | 21.8B | 24.7B | 22.0B | 24.8B | 19.0B |
Cincinnati Financial Investors Sentiment
The influence of Cincinnati Financial's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Cincinnati. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Cincinnati Financial's public news can be used to forecast risks associated with an investment in Cincinnati. The trend in average sentiment can be used to explain how an investor holding Cincinnati can time the market purely based on public headlines and social activities around Cincinnati Financial. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Cincinnati Financial's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Cincinnati Financial's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Cincinnati Financial's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Cincinnati Financial.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cincinnati Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cincinnati Financial's short interest history, or implied volatility extrapolated from Cincinnati Financial options trading.
Pair Trading with Cincinnati Financial
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 Cincinnati Financial 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 Cincinnati Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Cincinnati Stock
0.82 | L | Loews Corp | PairCorr |
0.78 | FRFHF | Fairfax Financial | PairCorr |
0.87 | AFG | American Financial Financial Report 7th of May 2024 | PairCorr |
Moving against Cincinnati Stock
0.71 | FACO | First Acceptance Corp Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Cincinnati Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cincinnati Financial 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 Cincinnati Financial - 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 Cincinnati Financial to buy it.
The correlation of Cincinnati Financial 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 Cincinnati Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cincinnati Financial 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 Cincinnati Financial 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Cincinnati Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Cincinnati Stock please use our How to Invest in Cincinnati Financial guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for Cincinnati Stock analysis
When running Cincinnati Financial's price analysis, check to measure Cincinnati Financial'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 Cincinnati Financial is operating at the current time. Most of Cincinnati Financial's value examination focuses on studying past and present price action to predict the probability of Cincinnati Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cincinnati Financial's price. Additionally, you may evaluate how the addition of Cincinnati Financial to your portfolios can decrease your overall portfolio volatility.
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Is Cincinnati Financial'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 Cincinnati Financial. If investors know Cincinnati 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 Cincinnati Financial 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 0.17 | Dividend Share 3 | Earnings Share 11.66 | Revenue Per Share 63.777 | Quarterly Revenue Growth 0.077 |
The market value of Cincinnati Financial is measured differently than its book value, which is the value of Cincinnati that is recorded on the company's balance sheet. Investors also form their own opinion of Cincinnati Financial's value that differs from its market value or its book value, called intrinsic value, which is Cincinnati Financial'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 Cincinnati Financial's market value can be influenced by many factors that don't directly affect Cincinnati Financial'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 Cincinnati Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cincinnati Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cincinnati Financial'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.