SPNT Stock | | | USD 15.45 0.14 0.90% |
Siriuspoint financial indicator trend analysis is much more than just breaking down Siriuspoint prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Siriuspoint is a good investment. Please check the relationship between Siriuspoint Price To Sales Ratio and its Payout Ratio accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Siriuspoint. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
For more information on how to buy Siriuspoint Stock please use our
How to Invest in Siriuspoint guide.
Price To Sales Ratio vs Payout Ratio
Price To Sales Ratio vs Payout Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Siriuspoint Price To Sales Ratio account and
Payout Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Siriuspoint's Price To Sales Ratio and Payout Ratio is -0.47. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Payout Ratio in the same time period over historical financial statements of Siriuspoint, assuming nothing else is changed. The correlation between historical values of Siriuspoint's Price To Sales Ratio 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 Price To Sales Ratio of Siriuspoint 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 Price To Sales Ratio i.e., Siriuspoint's Price To Sales Ratio and Payout Ratio go up and down completely randomly.
Correlation Coefficient | -0.47 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Siriuspoint stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Siriuspoint sales, a figure that is much harder to manipulate than other Siriuspoint multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.
Payout Ratio
Payout Ratio is the proportion of Siriuspoint 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 Siriuspoint dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Siriuspoint is paying out more in dividends than it makes in net income.
Most indicators from Siriuspoint's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Siriuspoint 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Siriuspoint. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
For more information on how to buy Siriuspoint Stock please use our
How to Invest in Siriuspoint guide.At this time, Siriuspoint's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 38.9
M in 2024, whereas
Enterprise Value is likely to drop slightly above 1.3
B in 2024.
Siriuspoint fundamental ratios Correlations
Click cells to compare fundamentals
Siriuspoint Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Siriuspoint fundamental ratios Accounts
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Additional Tools for Siriuspoint Stock Analysis
When running Siriuspoint's price analysis, check to
measure Siriuspoint'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 Siriuspoint is operating at the current time. Most of Siriuspoint's value examination focuses on studying past and present price action to
predict the probability of Siriuspoint's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Siriuspoint's price. Additionally, you may evaluate how the addition of Siriuspoint to your portfolios can decrease your overall portfolio volatility.