South Total Asset from 2010 to 2026

SOBO Stock   37.18  1.08  2.82%   
South Bow Total Assets yearly trend continues to be very stable with very little volatility. Total Assets are likely to drop to about 9.3 B.
Check South Bow financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among South Bow's main balance sheet or income statement drivers, such as Tax Provision of 88.8 M, Interest Income of 240.3 M or Depreciation And Amortization of 269.5 M, as well as many indicators such as Price To Sales Ratio of 2.56, Dividend Yield of 0.0198 or PTB Ratio of 1.42. South financial statements analysis is a perfect complement when working with South Bow Valuation or Volatility modules.
  
This module can also supplement various South Bow Technical models . Check out the analysis of South Bow Correlation against competitors.

Latest South Bow's Total Asset Growth Pattern

Below is the plot of the Total Assets of South Bow over the last few years. Total assets refers to the total amount of South Bow assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in South Bow books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. South Bow's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in South Bow's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 11.33 B10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

South Total Asset Regression Statistics

Arithmetic Mean11,724,558,824
Geometric Mean11,698,014,450
Coefficient Of Variation6.57
Mean Deviation506,373,702
Median12,032,000,000
Standard Deviation769,784,477
Sample Variance592568.1T
Range2.7B
R-Value(0.62)
Mean Square Error388992.2T
R-Squared0.38
Significance0.01
Slope(94,534,559)
Total Sum of Squares9481090.3T

South Total Asset History

20269.3 B
202510.2 B
202411.3 B

About South Bow Financial Statements

South Bow investors utilize fundamental indicators, such as Total Asset, to predict how South Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Total Assets10.2 B9.3 B

Pair Trading with South Bow

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

Moving together with South Stock

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The ability to find closely correlated positions to South Bow could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace South Bow 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 South Bow - 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 South Bow to buy it.
The correlation of South Bow 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 South Bow moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if South Bow 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 South Bow 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 CorrelationCorrelation Matching

Other Information on Investing in South Stock

South Bow financial ratios help investors to determine whether South Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in South with respect to the benefits of owning South Bow security.