Elevance Other Assets from 2010 to 2024

ELV Stock  USD 402.55  1.05  0.26%   
Elevance Health Other Assets yearly trend continues to be fairly stable with very little volatility. Other Assets are likely to outpace its year average in 2024. During the period from 2010 to 2024, Elevance Health Other Assets regression line of quarterly data had mean square error of 57100463.9 T and geometric mean of  7,037,470,418. View All Fundamentals
 
Other Assets  
First Reported
2000-12-31
Previous Quarter
1.8 B
Current Value
-55 B
Quarterly Volatility
31.5 B
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Elevance Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Elevance Health's main balance sheet or income statement drivers, such as Interest Expense of 1.1 B, Total Revenue of 179.9 B or Gross Profit of 56 B, as well as many indicators such as Price To Sales Ratio of 0.46, Dividend Yield of 0.0153 or PTB Ratio of 1.5. Elevance financial statements analysis is a perfect complement when working with Elevance Health Valuation or Volatility modules.
  
Check out the analysis of Elevance Health Correlation against competitors.
For more information on how to buy Elevance Stock please use our How to Invest in Elevance Health guide.

Latest Elevance Health's Other Assets Growth Pattern

Below is the plot of the Other Assets of Elevance Health over the last few years. It is Elevance Health's Other Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Elevance Health's overall financial position and show how it may be relating to other accounts over time.
Other Assets10 Years Trend
Very volatile
   Other Assets   
       Timeline  

Elevance Other Assets Regression Statistics

Arithmetic Mean(6,859,597,333)
Geometric Mean7,037,470,418
Coefficient Of Variation(106.20)
Mean Deviation6,494,056,889
Median(10,760,700,000)
Standard Deviation7,285,017,254
Sample Variance53071476.4T
Range19.6B
R-Value0.03
Mean Square Error57100463.9T
R-Squared0.0009
Significance0.91
Slope49,808,143
Total Sum of Squares743000669.4T

Elevance Other Assets History

20241.8 B
20231.7 B
20221.9 B
2021-14.8 B
2020-13.7 B
2019-11.3 B
2018-9.4 B

About Elevance Health Financial Statements

Elevance Health investors use historical fundamental indicators, such as Elevance Health's Other Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Elevance Health. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Assets1.7 B1.8 B

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Additional Tools for Elevance Stock Analysis

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