Siriuspoint Revenue Per Share vs Current Deferred Revenue Analysis

SPNT Stock

USD 12.83 0.04 0.31%

Siriuspoint financial indicator trend analysis is much more than just breaking down Siriuspoint prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Siriuspoint is a good investment. Please check the relationship between Siriuspoint Revenue Per Share and its Current Deferred Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Siriuspoint. 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 information on how to buy Siriuspoint Stock please use our How to Invest in Siriuspoint guide.

Revenue Per Share vs Current Deferred Revenue

Revenue Per Share vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Siriuspoint Revenue Per Share account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Siriuspoint's Revenue Per Share and Current Deferred Revenue is -0.53. Overlapping area represents the amount of variation of Revenue Per Share that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Siriuspoint, assuming nothing else is changed. The correlation between historical values of Siriuspoint's Revenue Per Share and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Revenue Per Share of Siriuspoint are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Revenue Per Share i.e., Siriuspoint's Revenue Per Share and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.53

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Revenue Per Share

The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Most indicators from Siriuspoint's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Siriuspoint 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Siriuspoint. 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 information on how to buy Siriuspoint Stock please use our How to Invest in Siriuspoint guide.At this time, Siriuspoint's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 38.9 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	2.2B	66M	2.7B	2.9B
Total Revenue	2.2B	66M	2.7B	2.9B

Gross Profit Total Revenue

Siriuspoint fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Short Term Investments	Property Plant And Equipment Gross	Intangible Assets	Short Long Term Debt Total	Non Current Liabilities Total	Inventory
Total Assets		0.19	0.45	0.93	0.06	0.6	0.73	0.57	0.67	0.68	0.44	0.92	0.96	0.93	0.87	0.98	0.48	0.49	-0.68	0.82	0.69	-0.26	0.44	0.6	0.71	-0.89
Other Current Liab	0.19		0.94	0.27	-0.29	0.22	0.63	0.59	0.74	0.77	0.31	0.36	0.25	0.41	0.3	0.29	-0.26	0.79	0.44	0.65	-0.13	-0.92	-0.01	0.22	0.07	-0.14
Total Current Liabilities	0.45	0.94		0.52	-0.18	0.38	0.84	0.65	0.84	0.87	0.48	0.58	0.51	0.65	0.49	0.54	-0.04	0.93	0.22	0.83	0.03	-0.94	0.22	0.34	0.19	-0.36
Total Stockholder Equity	0.93	0.27	0.52		0.19	0.82	0.73	0.48	0.61	0.61	0.66	0.79	0.96	0.86	0.73	0.94	0.47	0.61	-0.48	0.77	0.45	-0.32	0.51	0.47	0.48	-0.73
Net Debt	0.06	-0.29	-0.18	0.19		0.11	0.04	-0.64	-0.1	-0.25	0.52	-0.05	0.26	-0.03	-0.23	0.13	-0.05	-0.08	-0.13	-0.14	0.11	0.21	0.42	0.03	0.07	0.04
Retained Earnings	0.6	0.22	0.38	0.82	0.11		0.46	0.28	0.31	0.28	0.68	0.35	0.64	0.52	0.37	0.58	0.39	0.53	-0.13	0.44	0.0	-0.22	0.51	0.03	0.02	-0.35
Accounts Payable	0.73	0.63	0.84	0.73	0.04	0.46		0.55	0.87	0.84	0.64	0.77	0.77	0.85	0.64	0.78	0.12	0.85	-0.17	0.89	0.37	-0.75	0.53	0.39	0.47	-0.63
Cash	0.57	0.59	0.65	0.48	-0.64	0.28	0.55		0.66	0.82	-0.03	0.66	0.46	0.7	0.82	0.57	0.34	0.57	-0.26	0.79	0.35	-0.62	-0.14	0.55	0.4	-0.65
Other Assets	0.67	0.74	0.84	0.61	-0.1	0.31	0.87	0.66		0.95	0.47	0.75	0.68	0.82	0.69	0.71	-0.14	0.68	-0.16	0.9	0.51	-0.79	0.27	0.43	0.67	-0.67
Cash And Short Term Investments	0.68	0.77	0.87	0.61	-0.25	0.28	0.84	0.82	0.95		0.31	0.8	0.67	0.85	0.8	0.73	0.05	0.72	-0.2	0.95	0.49	-0.82	0.11	0.58	0.62	-0.71
Common Stock Total Equity	0.44	0.31	0.48	0.66	0.52	0.68	0.64	-0.03	0.47	0.31		0.28	0.62	0.43	0.11	0.52	-0.05	0.59	0.08	0.41	0.0	-0.37	0.74	-0.07	0.09	-0.17
Common Stock Shares Outstanding	0.92	0.36	0.58	0.79	-0.05	0.35	0.77	0.66	0.75	0.8	0.28		0.87	0.89	0.86	0.93	0.38	0.56	-0.57	0.87	0.67	-0.39	0.25	0.78	0.72	-0.86
Other Stockholder Equity	0.96	0.25	0.51	0.96	0.26	0.64	0.77	0.46	0.68	0.67	0.62	0.87		0.9	0.78	0.98	0.42	0.57	-0.57	0.81	0.61	-0.33	0.49	0.59	0.64	-0.81
Total Liab	0.93	0.41	0.65	0.86	-0.03	0.52	0.85	0.7	0.82	0.85	0.43	0.89	0.9		0.93	0.93	0.4	0.65	-0.58	0.95	0.68	-0.55	0.42	0.57	0.7	-0.91
Total Current Assets	0.87	0.3	0.49	0.73	-0.23	0.37	0.64	0.82	0.69	0.8	0.11	0.86	0.78	0.93		0.85	0.53	0.46	-0.7	0.88	0.74	-0.42	0.13	0.7	0.72	-0.95
Common Stock	0.98	0.29	0.54	0.94	0.13	0.58	0.78	0.57	0.71	0.73	0.52	0.93	0.98	0.93	0.85		0.45	0.58	-0.61	0.86	0.65	-0.35	0.42	0.67	0.67	-0.86
Property Plant And Equipment Net	0.48	-0.26	-0.04	0.47	-0.05	0.39	0.12	0.34	-0.14	0.05	-0.05	0.38	0.42	0.4	0.53	0.45		0.22	-0.6	0.29	0.2	0.13	0.11	0.44	-0.01	-0.46
Non Current Assets Total	0.49	0.79	0.93	0.61	-0.08	0.53	0.85	0.57	0.68	0.72	0.59	0.56	0.57	0.65	0.46	0.58	0.22		0.17	0.78	-0.07	-0.83	0.39	0.28	0.02	-0.33
Non Currrent Assets Other	-0.68	0.44	0.22	-0.48	-0.13	-0.13	-0.17	-0.26	-0.16	-0.2	0.08	-0.57	-0.57	-0.58	-0.7	-0.61	-0.6	0.17		-0.36	-0.87	-0.27	-0.16	-0.54	-0.71	0.81
Net Receivables	0.82	0.65	0.83	0.77	-0.14	0.44	0.89	0.79	0.9	0.95	0.41	0.87	0.81	0.95	0.88	0.86	0.29	0.78	-0.36		0.53	-0.75	0.29	0.6	0.6	-0.81
Short Term Investments	0.69	-0.13	0.03	0.45	0.11	0.0	0.37	0.35	0.51	0.49	0.0	0.67	0.61	0.68	0.74	0.65	0.2	-0.07	-0.87	0.53		-0.02	0.12	0.58	0.96	-0.88
Property Plant And Equipment Gross	-0.26	-0.92	-0.94	-0.32	0.21	-0.22	-0.75	-0.62	-0.79	-0.82	-0.37	-0.39	-0.33	-0.55	-0.42	-0.35	0.13	-0.83	-0.27	-0.75	-0.02		-0.13	-0.21	-0.15	0.29
Intangible Assets	0.44	-0.01	0.22	0.51	0.42	0.51	0.53	-0.14	0.27	0.11	0.74	0.25	0.49	0.42	0.13	0.42	0.11	0.39	-0.16	0.29	0.12	-0.13		-0.23	0.12	-0.18
Short Long Term Debt Total	0.6	0.22	0.34	0.47	0.03	0.03	0.39	0.55	0.43	0.58	-0.07	0.78	0.59	0.57	0.7	0.67	0.44	0.28	-0.54	0.6	0.58	-0.21	-0.23		0.56	-0.69
Non Current Liabilities Total	0.71	0.07	0.19	0.48	0.07	0.02	0.47	0.4	0.67	0.62	0.09	0.72	0.64	0.7	0.72	0.67	-0.01	0.02	-0.71	0.6	0.96	-0.15	0.12	0.56		-0.84
Inventory	-0.89	-0.14	-0.36	-0.73	0.04	-0.35	-0.63	-0.65	-0.67	-0.71	-0.17	-0.86	-0.81	-0.91	-0.95	-0.86	-0.46	-0.33	0.81	-0.81	-0.88	0.29	-0.18	-0.69	-0.84

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Siriuspoint Account Relationship Matchups

Siriuspoint fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.4B	3.5B	10.6B	11.0B	10.1B	5.2B
Other Current Liab	(99.8M)	(92.7M)	(924.6M)	(813.6M)	3.3B	3.5B
Total Current Liabilities	99.8M	92.7M	924.6M	266.6M	5.1B	5.3B
Total Stockholder Equity	1.4B	1.6B	2.5B	2.1B	2.5B	1.7B
Net Debt	(525.3M)	(411.7M)	(183.1M)	72.7M	(315.1M)	(299.3M)
Retained Earnings	476.9M	620.5M	665M	262.2M	601M	414.6M
Accounts Payable	99.8M	92.7M	924.6M	1.1B	1.7B	1.8B
Cash	639.4M	526.0M	999.8M	705.3M	1.1B	1.2B
Other Assets	1.2B	1.3B	1.1B	5.4B	6.2B	6.5B
Cash And Short Term Investments	639.4M	526.0M	2.1B	4.3B	6.1B	6.4B
Common Stock Total Equity	10.7M	9.4M	9.4M	9.6M	11.0M	10.6M
Common Stock Shares Outstanding	92.7M	93.0M	150.2M	160.2M	169.6M	124.7M
Liabilities And Stockholders Equity	3.4B	3.5B	10.6B	11.0B	12.9B	13.5B
Other Stockholder Equity	927.7M	933.9M	1.6B	1.6B	1.7B	1.2B
Total Liab	2.0B	2.0B	8.1B	9.0B	7.6B	8.0B
Total Current Assets	1.2B	1.1B	5.3B	5.3B	3.5B	3.7B
Common Stock	9.4M	9.4M	9.6M	16.2M	16.8M	12.4M
Non Current Assets Total	985.7M	1.2B	4.2B	364.1M	6.6B	7.0B
Non Currrent Assets Other	(154.7M)	(69.8M)	(4.2B)	(5.3B)	530.1M	556.6M
Net Receivables	603.8M	552.1M	3.2B	3.3B	4.3B	4.5B
Intangible Assets	154.7M	68.6M	171.9M	163.8M	152.7M	172.8M
Short Long Term Debt Total	114.1M	114.3M	816.7M	778M	786.2M	407.5M
Non Current Liabilities Total	114.3M	115.3M	912.7M	8.7B	2.5B	1.6B
Inventory	(1.7B)	(2.4B)	(5.0B)	(6.3B)	(3.5B)	(3.7B)
Other Current Assets	1.7B	2.4B	5.0B	4.0B	3.5B	2.6B
Other Liab	1.3B	1.4B	5.2B	5.5B	6.3B	6.7B
Net Tangible Assets	1.4B	1.6B	2.1B	1.7B	2.0B	1.8B
Long Term Debt	114.1M	114.3M	816.7M	778M	786.2M	445.8M
Net Invested Capital	1.5B	1.7B	3.1B	2.7B	3.1B	2.4B
Long Term Investments	985.7M	1.2B	4.1B	5.7B	5.8B	3.5B
Deferred Long Term Liab	6.7M	6M	1.4M	1M	900K	855K

Pair Trading with Siriuspoint

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

Moving together with Siriuspoint Stock

0.75	EG	Everest Group Symbol Change	Pair Corr
0.62	HG	Hamilton Insurance Report 21st of October 2024	Pair Corr
0.73	RGA	Reinsurance Group	Pair Corr
0.71	GLRE	Greenlight Capital	Pair Corr

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

The correlation of Siriuspoint 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 Siriuspoint moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Siriuspoint 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 Siriuspoint 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 Siriuspoint Stock Analysis

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

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