South Roic from 2010 to 2026
| SOBO Stock | 29.18 0.17 0.59% |
ROIC | First Reported 2010-12-31 | Previous Quarter 0.053 | Current Value 0.0457 | Quarterly Volatility 0.00257377 |
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 17.6 M or Depreciation And Amortization of 269.5 M, as well as many indicators such as Price To Sales Ratio of 1.85, Dividend Yield of 0.0 or PTB Ratio of 1.4. South financial statements analysis is a perfect complement when working with South Bow Valuation or Volatility modules.
Check out the analysis of South Bow Correlation against competitors. Evaluating South Bow's Roic across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into South Bow's fundamental strength.
Latest South Bow's Roic Growth Pattern
Below is the plot of the Roic of South Bow over the last few years. It is return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders. South Bow's ROIC 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.
| Roic | 10 Years Trend |
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Roic |
| Timeline |
South Roic Regression Statistics
| Arithmetic Mean | 0.05 | |
| Geometric Mean | 0.05 | |
| Coefficient Of Variation | 4.70 | |
| Mean Deviation | 0 | |
| Median | 0.06 | |
| Standard Deviation | 0 | |
| Sample Variance | 0.00000662 | |
| Range | 0.0132 | |
| R-Value | (0.34) | |
| Mean Square Error | 0.00000624 | |
| R-Squared | 0.12 | |
| Significance | 0.18 | |
| Slope | (0.0002) | |
| Total Sum of Squares | 0.0001 |
South Roic History
About South Bow Financial Statements
South Bow investors utilize fundamental indicators, such as Roic, 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 Reported | Projected for Next Year | ||
| ROIC | 0.05 | 0.05 |
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
Moving against South Stock
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.Check out the analysis of South Bow Correlation against competitors. To learn how to invest in South Stock, please use our How to Invest in South Bow guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Will Oil & Gas Storage & Transportation sector continue expanding? Could South diversify its offerings? Factors like these will boost the valuation of South Bow. If investors know South will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every South Bow data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.54 | Dividend Share 2 | Earnings Share 1.59 | Revenue Per Share | Quarterly Revenue Growth (0.14) |
South Bow's market price often diverges from its book value, the accounting figure shown on South's balance sheet. Smart investors calculate South Bow's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since South Bow's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between South Bow's value and its price as these two are different measures arrived at by different means. Investors typically determine if South Bow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, South Bow'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.