Corebridge Net Borrowings from 2010 to 2024
| CRBG Stock | USD 26.76 0.20 0.75% |
Net Borrowings | First Reported 2010-12-31 | Previous Quarter 4.6 M | Current Value 4.4 M | Quarterly Volatility 1.8 B |
Check Corebridge Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Corebridge main balance sheet or income statement drivers, such as Net Income Applicable To Common Shares of 9.8 B, Tax Provision of 167.2 M or Depreciation And Amortization of 565 M, as well as many exotic indicators such as Price To Sales Ratio of 0.81, Dividend Yield of 0.0746 or PTB Ratio of 0.65. Corebridge financial statements analysis is a perfect complement when working with Corebridge Financial Valuation or Volatility modules.
Corebridge | Net Borrowings |
Latest Corebridge Financial's Net Borrowings Growth Pattern
Below is the plot of the Net Borrowings of Corebridge Financial over the last few years. It is the difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period. Corebridge Financial's Net Borrowings historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Corebridge Financial's overall financial position and show how it may be relating to other accounts over time.
| Net Borrowings | 10 Years Trend |
|
Net Borrowings |
| Timeline |
Corebridge Net Borrowings Regression Statistics
| Arithmetic Mean | (1,245,668,667) | |
| Geometric Mean | 598,607,537 | |
| Coefficient Of Variation | (146.83) | |
| Mean Deviation | 1,454,797,600 | |
| Median | (2,458,000,000) | |
| Standard Deviation | 1,829,025,811 | |
| Sample Variance | 3345335.4T | |
| Range | 6.3B | |
| R-Value | 0.63 | |
| Mean Square Error | 2179197.6T | |
| R-Squared | 0.40 | |
| Significance | 0.01 | |
| Slope | 257,079,250 | |
| Total Sum of Squares | 46834695.9T |
Corebridge Net Borrowings History
About Corebridge Financial Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Corebridge Financial income statement, its balance sheet, and the statement of cash flows. Corebridge Financial investors use historical funamental indicators, such as Corebridge Financial's Net Borrowings, to determine how well the company is positioned to perform in the future. Although Corebridge Financial investors may use each financial statement separately, they are all related. The changes in Corebridge Financial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Corebridge Financial's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Corebridge Financial Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Corebridge Financial. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Borrowings | 4.6 M | 4.4 M |
Corebridge Financial Investors Sentiment
The influence of Corebridge Financial's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Corebridge. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Corebridge Financial's public news can be used to forecast risks associated with an investment in Corebridge. The trend in average sentiment can be used to explain how an investor holding Corebridge can time the market purely based on public headlines and social activities around Corebridge Financial. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Corebridge Financial's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Corebridge Financial's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Corebridge Financial's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Corebridge Financial.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Corebridge Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Corebridge Financial's short interest history, or implied volatility extrapolated from Corebridge Financial options trading.
Pair Trading with Corebridge Financial
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 Corebridge Financial 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 Corebridge Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Corebridge Stock
| 0.76 | DIST | Distoken Acquisition | PairCorr |
| 0.63 | AB | AllianceBernstein | PairCorr |
Moving against Corebridge Stock
| 0.6 | AC | Associated Capital | PairCorr |
| 0.54 | PX | P10 Inc Earnings Call This Week | PairCorr |
| 0.43 | PT | Pintec Technology Report 10th of May 2024 | PairCorr |
The ability to find closely correlated positions to Corebridge Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Corebridge Financial 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 Corebridge Financial - 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 Corebridge Financial to buy it.
The correlation of Corebridge Financial 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 Corebridge Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Corebridge Financial 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 Corebridge Financial 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 the analysis of Corebridge Financial Correlation against competitors. For more detail on how to invest in Corebridge Stock please use our How to Invest in Corebridge Financial guide.Note that the Corebridge Financial information on this page should be used as a complementary analysis to other Corebridge Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Corebridge Stock analysis
When running Corebridge Financial's price analysis, check to measure Corebridge Financial'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 Corebridge Financial is operating at the current time. Most of Corebridge Financial's value examination focuses on studying past and present price action to predict the probability of Corebridge Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corebridge Financial's price. Additionally, you may evaluate how the addition of Corebridge Financial to your portfolios can decrease your overall portfolio volatility.
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Is Corebridge Financial's industry 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 Corebridge Financial. If investors know Corebridge 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 Corebridge Financial 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 (0.12) | Dividend Share 0.92 | Earnings Share 1.71 | Revenue Per Share 29.664 | Quarterly Revenue Growth (0.18) |
The market value of Corebridge Financial is measured differently than its book value, which is the value of Corebridge that is recorded on the company's balance sheet. Investors also form their own opinion of Corebridge Financial's value that differs from its market value or its book value, called intrinsic value, which is Corebridge Financial'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 Corebridge Financial's market value can be influenced by many factors that don't directly affect Corebridge Financial'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 Corebridge Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Corebridge Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Corebridge Financial'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.