Siriuspoint Total Stockholder Equity vs Capital Stock Analysis
SPNT Stock | USD 12.97 0.33 2.48% |
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 Total Stockholder Equity and its Capital Stock 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.
Total Stockholder Equity vs Capital Stock
Total Stockholder Equity vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Siriuspoint Total Stockholder Equity account and Capital Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Siriuspoint's Total Stockholder Equity and Capital Stock is 0.81. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Siriuspoint, assuming nothing else is changed. The correlation between historical values of Siriuspoint's Total Stockholder Equity and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Siriuspoint are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Total Stockholder Equity i.e., Siriuspoint's Total Stockholder Equity and Capital Stock go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
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.Capital Stock
The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.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 |
Siriuspoint fundamental ratios Correlations
Click cells to compare fundamentals
Siriuspoint Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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
0.74 | EG | Everest Group Symbol Change | PairCorr |
0.71 | RGA | Reinsurance Group | PairCorr |
0.65 | GLRE | Greenlight Capital | PairCorr |
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.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.You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary 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.
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |
Is Siriuspoint'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 Siriuspoint. If investors know Siriuspoint 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 Siriuspoint 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 (0.34) | Earnings Share 1.6 | Revenue Per Share 16.599 | Quarterly Revenue Growth 0.018 | Return On Assets 0.0194 |
The market value of Siriuspoint is measured differently than its book value, which is the value of Siriuspoint that is recorded on the company's balance sheet. Investors also form their own opinion of Siriuspoint's value that differs from its market value or its book value, called intrinsic value, which is Siriuspoint'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 Siriuspoint's market value can be influenced by many factors that don't directly affect Siriuspoint'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 Siriuspoint's value and its price as these two are different measures arrived at by different means. Investors typically determine if Siriuspoint is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Siriuspoint'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.