Ryan Total Stockholder Equity vs Total Assets Analysis
| RYAN Stock | USD 74.04 1.36 1.80% |
Ryan Specialty financial indicator trend analysis is much more than just breaking down Ryan Specialty Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ryan Specialty Group is a good investment. Please check the relationship between Ryan Specialty Total Stockholder Equity and its Total Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ryan Specialty Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Total Stockholder Equity vs Total Assets
Total Stockholder Equity vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ryan Specialty Group Total Stockholder Equity account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Ryan Specialty's Total Stockholder Equity and Total Assets is 0.98. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Assets in the same time period over historical financial statements of Ryan Specialty Group, assuming nothing else is changed. The correlation between historical values of Ryan Specialty's Total Stockholder Equity and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Ryan Specialty Group are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Stockholder Equity i.e., Ryan Specialty's Total Stockholder Equity and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.98 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Total Assets
Total assets refers to the total amount of Ryan Specialty 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 Ryan Specialty Group 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. 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.Most indicators from Ryan Specialty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ryan Specialty Group 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ryan Specialty Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, Ryan Specialty's Tax Provision is very stable compared to the past year. Issuance Of Capital Stock is expected to grow at the current pace this year, while Selling General Administrative is likely to drop about 262.4 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 79.4M | 104.8M | 119.5M | 85.0M | Depreciation And Amortization | 1.1B | 1.3B | 115.8M | 110.0M |
Ryan Specialty fundamental ratios Correlations
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Ryan Specialty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Ryan Specialty
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 Ryan Specialty 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 Ryan Specialty will appreciate offsetting losses from the drop in the long position's value.Moving together with Ryan Stock
| 0.81 | AGO | Assured Guaranty | PairCorr |
| 0.84 | AXS | AXIS Capital Holdings | PairCorr |
| 0.69 | EIG | Employers Holdings | PairCorr |
Moving against Ryan Stock
| 0.57 | JRVR | James River Group | PairCorr |
| 0.49 | ESNT | Essent Group | PairCorr |
| 0.35 | NMIH | NMI Holdings Normal Trading | PairCorr |
The ability to find closely correlated positions to Ryan Specialty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ryan Specialty 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 Ryan Specialty - 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 Ryan Specialty Group to buy it.
The correlation of Ryan Specialty 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 Ryan Specialty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ryan Specialty Group 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 Ryan Specialty 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ryan Specialty Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Insurance Brokers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ryan Specialty. If investors know Ryan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ryan Specialty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.408 | Dividend Share 0.33 | Earnings Share 0.77 | Revenue Per Share 19.549 | Quarterly Revenue Growth 0.207 |
The market value of Ryan Specialty Group is measured differently than its book value, which is the value of Ryan that is recorded on the company's balance sheet. Investors also form their own opinion of Ryan Specialty's value that differs from its market value or its book value, called intrinsic value, which is Ryan Specialty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ryan Specialty's market value can be influenced by many factors that don't directly affect Ryan Specialty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ryan Specialty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ryan Specialty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ryan Specialty'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.