AIZ Stock | | | USD 227.44 1.29 0.57% |
Assurant financial indicator trend analysis is way more than just evaluating Assurant prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Assurant is a good investment. Please check the relationship between Assurant Long Term Investments and its Good Will accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Assurant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
For more information on how to buy Assurant Stock please use our
How to Invest in Assurant guide.
Long Term Investments vs Good Will
Long Term Investments vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Assurant Long Term Investments account and
Good Will. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Assurant's Long Term Investments and Good Will is -0.43. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Good Will in the same time period over historical financial statements of Assurant, assuming nothing else is changed. The correlation between historical values of Assurant's Long Term Investments and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Assurant are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Long Term Investments i.e., Assurant's Long Term Investments and Good Will go up and down completely randomly.
Correlation Coefficient | -0.43 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Long Term Investments
Long Term Investments is an item on the asset side of Assurant balance sheet that represents investments Assurant intends to hold for over a year. Assurant long term investments may include different instruments such as stocks, bonds, real estate and cash.
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Assurant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Assurant 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Assurant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
For more information on how to buy Assurant Stock please use our
How to Invest in Assurant guide.At this time, Assurant's
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.30 in 2024, whereas
Tax Provision is likely to drop slightly above 121.7
M in 2024.
Assurant fundamental ratios Correlations
Click cells to compare fundamentals
Assurant Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Assurant fundamental ratios Accounts
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Additional Tools for Assurant Stock Analysis
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predict the probability of Assurant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Assurant's price. Additionally, you may evaluate how the addition of Assurant to your portfolios can decrease your overall portfolio volatility.