State Pfcf Ratio vs Operating Cash Flow Per Share Analysis
STT Stock | USD 77.11 0.04 0.05% |
State Street financial indicator trend analysis is much more than just breaking down State Street Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether State Street Corp is a good investment. Please check the relationship between State Street Pfcf Ratio and its Operating Cash Flow Per Share accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in State Street Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
Pfcf Ratio vs Operating Cash Flow Per Share
Pfcf Ratio vs Operating Cash Flow Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of State Street Corp Pfcf Ratio account and Operating Cash Flow Per Share. At this time, the significance of the direction appears to have almost no relationship.
The correlation between State Street's Pfcf Ratio and Operating Cash Flow Per Share is 0.18. Overlapping area represents the amount of variation of Pfcf Ratio that can explain the historical movement of Operating Cash Flow Per Share in the same time period over historical financial statements of State Street Corp, assuming nothing else is changed. The correlation between historical values of State Street's Pfcf Ratio and Operating Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pfcf Ratio of State Street Corp are associated (or correlated) with its Operating Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Cash Flow Per Share has no effect on the direction of Pfcf Ratio i.e., State Street's Pfcf Ratio and Operating Cash Flow Per Share go up and down completely randomly.
Correlation Coefficient | 0.18 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Pfcf Ratio
Operating Cash Flow Per Share
A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.Most indicators from State Street's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into State Street Corp 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 State Street Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. Sales General And Administrative To Revenue is likely to gain to 0.45 in 2024, whereas Selling General Administrative is likely to drop slightly above 3 B in 2024.
2021 | 2022 | 2023 | 2024 (projected) | EBIT | 3.2B | 4.8B | 1.4B | 2.5B | Operating Income | 3.2B | 4.8B | 2.3B | 2.5B |
State Street fundamental ratios Correlations
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State Street Account Relationship Matchups
High Positive Relationship
High Negative Relationship
State Street fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 373.7M | 357.1M | 358.0M | 370.1M | 326.6M | 396.2M | |
Total Assets | 245.6B | 314.7B | 314.6B | 301.5B | 297.3B | 155.4B | |
Short Long Term Debt Total | 13.3B | 17.8B | 13.6B | 17.1B | 21.5B | 22.6B | |
Other Current Liab | (839M) | (4.0B) | (128M) | 3.3B | (3.2B) | (3.0B) | |
Total Current Liabilities | 839M | 4.0B | 128M | 5.4B | 2.7B | 2.5B | |
Total Stockholder Equity | 24.6B | 26.2B | 27.4B | 25.2B | 23.8B | 12.8B | |
Property Plant And Equipment Net | 2.3B | 2.2B | 2.3B | 2.3B | 3.2B | 3.4B | |
Net Debt | (58.9B) | (102.6B) | (96.4B) | (88.5B) | (70.3B) | (66.8B) | |
Retained Earnings | 22.1B | 23.4B | 25.2B | 27.0B | 28.0B | 29.4B | |
Cash | 72.3B | 120.4B | 110.0B | 105.6B | 91.8B | 96.4B | |
Non Current Assets Total | 108.4B | 123.8B | 128.3B | 51.9B | 11.3B | 10.8B | |
Non Currrent Assets Other | (216M) | (233M) | (254M) | (66.5B) | (107.2B) | (101.9B) | |
Other Assets | 7.9B | 8.4B | (327M) | 144.5B | 233.5B | 245.2B | |
Cash And Short Term Investments | 126.1B | 179.5B | 183.4B | 101.6B | 48.6B | 68.4B | |
Net Receivables | 3.2B | 3.1B | 3.3B | 3.4B | 5.7B | 6.0B | |
Liabilities And Stockholders Equity | 245.6B | 314.7B | 314.6B | 301.5B | 297.3B | 155.4B | |
Non Current Liabilities Total | 12.5B | 13.8B | 13.5B | 270.8B | 270.8B | 284.3B | |
Other Stockholder Equity | (77M) | (404M) | 778M | (606M) | (4.3B) | (4.1B) | |
Total Liab | 221.0B | 288.5B | 287.3B | 276.3B | 273.5B | 142.6B | |
Total Current Assets | 129.3B | 182.6B | 186.7B | 105.0B | 52.4B | 77.9B | |
Short Term Debt | 839M | 4.0B | 128M | 2.1B | 5.8B | 3.6B | |
Property Plant And Equipment Gross | 3.1B | 2.9B | 7.7B | 8.1B | 9.3B | 9.7B | |
Accumulated Other Comprehensive Income | (876M) | 187M | (1.1B) | (3.7B) | (2.4B) | (2.2B) | |
Other Liab | 98M | 22M | 19M | 172M | 154.8M | 147.1M | |
Accounts Payable | 24.9B | 27.5B | 255.0B | 22.5B | 25.9B | 24.6B | |
Long Term Debt | 12.4B | 13.8B | 13.5B | 15.0B | 15.5B | 8.6B | |
Short Term Investments | 53.8B | 59.0B | 73.4B | 40.6B | 12.7B | 12.1B | |
Inventory | (97.9B) | (147.0B) | (140.7B) | (132.9B) | (130.6B) | (124.1B) | |
Treasury Stock | (10.2B) | (10.6B) | (10.0B) | (11.3B) | (10.2B) | (9.7B) | |
Property Plant Equipment | 2.3B | 2.2B | 2.3B | 2.3B | 2.7B | 1.9B | |
Good Will | 7.6B | 7.7B | 7.6B | 7.5B | 7.6B | 5.6B | |
Other Current Assets | 97.9B | 147.0B | 140.7B | 132.9B | 128.7B | 135.1B | |
Intangible Assets | 2.0B | 1.8B | 1.8B | 1.5B | 1.3B | 2.0B | |
Preferred Stock Total Equity | 3.7B | 3.0B | 2.5B | 2.0B | 2.3B | 2.0B | |
Retained Earnings Total Equity | 21.9B | 23.4B | 25.2B | 27.0B | 31.1B | 17.2B | |
Net Tangible Assets | 11.9B | 14.2B | 16.0B | 14.2B | 16.3B | 13.3B | |
Long Term Debt Total | 12.5B | 13.8B | 13.5B | 15.0B | 17.2B | 12.5B |
Pair Trading with State Street
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 State Street 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 State Street will appreciate offsetting losses from the drop in the long position's value.Moving together with State Stock
0.64 | COF | Capital One Financial Financial Report 18th of July 2024 | PairCorr |
The ability to find closely correlated positions to State Street could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace State Street 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 State Street - 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 State Street Corp to buy it.
The correlation of State Street 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 State Street moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if State Street Corp 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 State Street 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 State Street Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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When running State Street's price analysis, check to measure State Street'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 State Street is operating at the current time. Most of State Street's value examination focuses on studying past and present price action to predict the probability of State Street's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move State Street's price. Additionally, you may evaluate how the addition of State Street to your portfolios can decrease your overall portfolio volatility.
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Is State Street'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 State Street. If investors know State 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 State Street 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 (0.1) | Dividend Share 2.7 | Earnings Share 5.43 | Revenue Per Share 38.242 | Quarterly Revenue Growth 0.018 |
The market value of State Street Corp is measured differently than its book value, which is the value of State that is recorded on the company's balance sheet. Investors also form their own opinion of State Street's value that differs from its market value or its book value, called intrinsic value, which is State Street'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 State Street's market value can be influenced by many factors that don't directly affect State Street'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 State Street's value and its price as these two are different measures arrived at by different means. Investors typically determine if State Street is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, State Street'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.