AXS Stock | | | USD 91.23 2.48 2.79% |
AXIS Capital financial indicator trend analysis is way more than just evaluating AXIS Capital Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AXIS Capital Holdings is a good investment. Please check the relationship between AXIS Capital Capex To Operating Cash Flow and its Payout Ratio accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in AXIS Capital Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
Capex To Operating Cash Flow vs Payout Ratio
Capex To Operating Cash Flow vs Payout Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
AXIS Capital Holdings Capex To Operating Cash Flow account and
Payout Ratio. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between AXIS Capital's Capex To Operating Cash Flow and Payout Ratio is 0.59. Overlapping area represents the amount of variation of Capex To Operating Cash Flow that can explain the historical movement of Payout Ratio in the same time period over historical financial statements of AXIS Capital Holdings, assuming nothing else is changed. The correlation between historical values of AXIS Capital's Capex To Operating Cash Flow and Payout Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Operating Cash Flow of AXIS Capital Holdings are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Capex To Operating Cash Flow i.e., AXIS Capital's Capex To Operating Cash Flow and Payout Ratio go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Capex To Operating Cash Flow
Payout Ratio
Payout Ratio is the proportion of AXIS Capital Holdings earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of AXIS Capital Holdings dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating AXIS Capital Holdings is paying out more in dividends than it makes in net income.
Most indicators from AXIS Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AXIS Capital Holdings 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 AXIS Capital Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
At this time, AXIS Capital's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 100.2
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.07 in 2024.
AXIS Capital fundamental ratios Correlations
Click cells to compare fundamentals
AXIS Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AXIS Capital fundamental ratios Accounts
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Additional Tools for AXIS Stock Analysis
When running AXIS Capital's price analysis, check to
measure AXIS Capital'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 AXIS Capital is operating at the current time. Most of AXIS Capital's value examination focuses on studying past and present price action to
predict the probability of AXIS Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AXIS Capital's price. Additionally, you may evaluate how the addition of AXIS Capital to your portfolios can decrease your overall portfolio volatility.