Renasant Other Assets from 2010 to 2024
| RNST Stock | USD 30.95 0.15 0.48% |
Other Assets | First Reported 1990-12-31 | Previous Quarter 12 B | Current Value 14.4 B | Quarterly Volatility 4.6 B |
Check Renasant financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Renasant main balance sheet or income statement drivers, such as Depreciation And Amortization of 37 M, Interest Expense of 291.9 M or Selling General Administrative of 295.9 M, as well as many exotic indicators such as Price To Sales Ratio of 2.31, Dividend Yield of 0.0306 or PTB Ratio of 1.4. Renasant financial statements analysis is a perfect complement when working with Renasant Valuation or Volatility modules.
Renasant | Other Assets |
Latest Renasant's Other Assets Growth Pattern
Below is the plot of the Other Assets of Renasant over the last few years. It is Renasant's Other Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Renasant's overall financial position and show how it may be relating to other accounts over time.
| Other Assets | 10 Years Trend |
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Other Assets |
| Timeline |
Renasant Other Assets Regression Statistics
| Arithmetic Mean | 7,818,107,670 | |
| Geometric Mean | 1,227,026,918 | |
| Coefficient Of Variation | 78.57 | |
| Mean Deviation | 5,198,738,936 | |
| Median | 8,978,806,000 | |
| Standard Deviation | 6,142,518,235 | |
| Sample Variance | 37730530.3T | |
| Range | 15.7B | |
| R-Value | 0.84 | |
| Mean Square Error | 11978869T | |
| R-Squared | 0.71 | |
| Significance | 0.00009 | |
| Slope | 1,153,414,383 | |
| Total Sum of Squares | 528227423.7T |
Renasant Other Assets History
About Renasant Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Renasant income statement, its balance sheet, and the statement of cash flows. Renasant investors use historical funamental indicators, such as Renasant's Other Assets, to determine how well the company is positioned to perform in the future. Although Renasant investors may use each financial statement separately, they are all related. The changes in Renasant's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Renasant'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 Renasant Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Renasant. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Other Assets | 14.9 B | 15.7 B |
Pair Trading with Renasant
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 Renasant 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 Renasant will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Renasant could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Renasant 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 Renasant - 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 Renasant to buy it.
The correlation of Renasant 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 Renasant moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Renasant 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 Renasant 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 Renasant Correlation against competitors. For more information on how to buy Renasant Stock please use our How to Invest in Renasant guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Renasant Stock analysis
When running Renasant's price analysis, check to measure Renasant'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 Renasant is operating at the current time. Most of Renasant's value examination focuses on studying past and present price action to predict the probability of Renasant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renasant's price. Additionally, you may evaluate how the addition of Renasant to your portfolios can decrease your overall portfolio volatility.
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Is Renasant'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 Renasant. If investors know Renasant 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 Renasant 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 (0.15) | Dividend Share 0.88 | Earnings Share 2.44 | Revenue Per Share 10.907 | Quarterly Revenue Growth (0.03) |
The market value of Renasant is measured differently than its book value, which is the value of Renasant that is recorded on the company's balance sheet. Investors also form their own opinion of Renasant's value that differs from its market value or its book value, called intrinsic value, which is Renasant'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 Renasant's market value can be influenced by many factors that don't directly affect Renasant'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 Renasant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Renasant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Renasant'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.