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 Property Plant And Equipment Net and its Short Term Investments 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.
Property Plant And Equipment Net vs Short Term Investments
Property Plant And Equipment Net vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Assurant Property Plant And Equipment Net account and
Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Assurant's Property Plant And Equipment Net and Short Term Investments is -0.01. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Assurant, assuming nothing else is changed. The correlation between historical values of Assurant's Property Plant And Equipment Net and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Assurant are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Property Plant And Equipment Net i.e., Assurant's Property Plant And Equipment Net and Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.01 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Short Term Investments
Short Term Investments is an item under the current assets section of Assurant balance sheet. It contains any investments Assurant undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Assurant can easily liquidate in the marketplace.
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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