AXIS Market Capitalization vs Free Cash Flow Analysis

AXS Stock

USD 61.47 0.76 1.25%

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 Market Cap and its Free Cash Flow 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 tightly coupled with the direction of predictive economic indicators such as signals in interest.

Market Cap vs Free Cash Flow

Market Capitalization vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AXIS Capital Holdings Market Capitalization account and Free Cash Flow. At this time, the significance of the direction appears to have very week relationship.

The correlation between AXIS Capital's Market Capitalization and Free Cash Flow is 0.28. Overlapping area represents the amount of variation of Market Capitalization that can explain the historical movement of Free Cash Flow 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 Market Capitalization and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Market Capitalization of AXIS Capital Holdings are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Market Capitalization i.e., AXIS Capital's Market Capitalization and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.28

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Market Cap

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

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 tightly coupled 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.

	2021	2022	2023	2024 (projected)
Gross Profit	5.3B	5.1B	5.6B	4.1B
Total Revenue	5.3B	5.1B	5.6B	4.1B

Gross Profit Total Revenue

AXIS Capital fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Other Current Liab	Total Current Liabilities	Net Debt	Cash And Short Term Investments	Other Current Assets	Short Long Term Debt Total	Long Term Debt	Good Will
Total Assets		0.62	0.33	0.91	0.67	0.31	0.7	-0.5	-0.2	0.78	0.85	-0.87	0.41	-0.88	0.99	0.85	0.73	0.84	-0.05	0.07	0.68	0.55	0.37	0.87	0.86	0.91
Total Stockholder Equity	0.62		0.04	0.8	0.06	0.34	0.18	-0.41	-0.1	0.26	0.69	-0.4	0.48	-0.51	0.5	0.69	0.06	0.69	0.34	0.39	0.27	0.62	-0.21	0.35	0.41	0.29
Other Liab	0.33	0.04		0.18	0.64	0.04	0.69	0.24	-0.44	0.62	0.46	-0.27	-0.3	-0.31	0.36	0.1	0.21	0.47	0.03	-0.07	0.44	-0.07	0.62	0.42	0.37	0.34
Retained Earnings	0.91	0.8	0.18		0.44	0.42	0.46	-0.5	-0.11	0.62	0.84	-0.82	0.55	-0.86	0.86	0.84	0.48	0.83	0.13	0.25	0.46	0.69	0.11	0.69	0.71	0.71
Accounts Payable	0.67	0.06	0.64	0.44		0.31	0.92	0.04	-0.29	0.92	0.6	-0.74	-0.19	-0.74	0.73	0.44	0.74	0.61	-0.08	-0.12	0.55	0.07	0.79	0.74	0.69	0.79
Cash	0.31	0.34	0.04	0.42	0.31		0.07	0.28	0.54	0.26	0.47	-0.44	0.02	-0.47	0.29	0.17	0.34	0.47	0.66	0.71	-0.37	0.19	-0.22	0.28	0.39	0.36
Non Current Assets Total	0.7	0.18	0.69	0.46	0.92	0.07		-0.1	-0.57	0.92	0.64	-0.68	-0.13	-0.69	0.74	0.5	0.64	0.65	-0.23	-0.28	0.74	0.13	0.88	0.75	0.68	0.75
Non Currrent Assets Other	-0.5	-0.41	0.24	-0.5	0.04	0.28	-0.1		0.28	-0.08	-0.09	0.36	-0.73	0.34	-0.48	-0.76	-0.32	-0.07	0.61	0.48	-0.64	-0.58	-0.01	-0.48	-0.46	-0.35
Other Assets	-0.2	-0.1	-0.44	-0.11	-0.29	0.54	-0.57	0.28		-0.32	-0.21	0.08	0.17	0.09	-0.21	-0.19	0.07	-0.21	0.58	0.65	-0.66	0.11	-0.72	-0.27	-0.16	-0.09
Net Receivables	0.78	0.26	0.62	0.62	0.92	0.26	0.92	-0.08	-0.32		0.71	-0.85	0.08	-0.86	0.81	0.57	0.67	0.71	-0.04	-0.07	0.61	0.37	0.72	0.74	0.7	0.8
Common Stock Total Equity	0.85	0.69	0.46	0.84	0.6	0.47	0.64	-0.09	-0.21	0.71		-0.68	0.1	-0.73	0.81	0.56	0.43	1.0	0.34	0.41	0.4	0.33	0.3	0.64	0.65	0.71
Common Stock Shares Outstanding	-0.87	-0.4	-0.27	-0.82	-0.74	-0.44	-0.68	0.36	0.08	-0.85	-0.68		-0.4	0.99	-0.88	-0.75	-0.77	-0.68	0.07	-0.02	-0.51	-0.58	-0.43	-0.82	-0.81	-0.86
Short Term Investments	0.41	0.48	-0.3	0.55	-0.19	0.02	-0.13	-0.73	0.17	0.08	0.1	-0.4		-0.39	0.36	0.62	0.18	0.09	-0.18	-0.04	0.26	0.92	-0.35	0.3	0.34	0.24
Other Stockholder Equity	-0.88	-0.51	-0.31	-0.86	-0.74	-0.47	-0.69	0.34	0.09	-0.86	-0.73	0.99	-0.39		-0.88	-0.79	-0.71	-0.74	-0.02	-0.08	-0.51	-0.61	-0.41	-0.79	-0.8	-0.83
Total Liab	0.99	0.5	0.36	0.86	0.73	0.29	0.74	-0.48	-0.21	0.81	0.81	-0.88	0.36	-0.88		0.81	0.79	0.8	-0.11	0.01	0.7	0.5	0.44	0.89	0.87	0.95
Total Current Assets	0.85	0.69	0.1	0.84	0.44	0.17	0.5	-0.76	-0.19	0.57	0.56	-0.75	0.62	-0.79	0.81		0.59	0.56	-0.19	-0.13	0.68	0.71	0.19	0.74	0.74	0.69
Intangible Assets	0.73	0.06	0.21	0.48	0.74	0.34	0.64	-0.32	0.07	0.67	0.43	-0.77	0.18	-0.71	0.79	0.59		0.43	-0.22	-0.12	0.54	0.25	0.45	0.85	0.85	0.93
Common Stock	0.84	0.69	0.47	0.83	0.61	0.47	0.65	-0.07	-0.21	0.71	1.0	-0.68	0.09	-0.74	0.8	0.56	0.43		0.35	0.41	0.4	0.33	0.31	0.64	0.65	0.7
Other Current Liab	-0.05	0.34	0.03	0.13	-0.08	0.66	-0.23	0.61	0.58	-0.04	0.34	0.07	-0.18	-0.02	-0.11	-0.19	-0.22	0.35		0.95	-0.6	0.01	-0.48	-0.29	-0.19	-0.13
Total Current Liabilities	0.07	0.39	-0.07	0.25	-0.12	0.71	-0.28	0.48	0.65	-0.07	0.41	-0.02	-0.04	-0.08	0.01	-0.13	-0.12	0.41	0.95		-0.58	0.08	-0.56	-0.18	-0.07	-0.01
Net Debt	0.68	0.27	0.44	0.46	0.55	-0.37	0.74	-0.64	-0.66	0.61	0.4	-0.51	0.26	-0.51	0.7	0.68	0.54	0.4	-0.6	-0.58		0.32	0.66	0.75	0.68	0.63
Cash And Short Term Investments	0.55	0.62	-0.07	0.69	0.07	0.19	0.13	-0.58	0.11	0.37	0.33	-0.58	0.92	-0.61	0.5	0.71	0.25	0.33	0.01	0.08	0.32		-0.19	0.41	0.45	0.37
Other Current Assets	0.37	-0.21	0.62	0.11	0.79	-0.22	0.88	-0.01	-0.72	0.72	0.3	-0.43	-0.35	-0.41	0.44	0.19	0.45	0.31	-0.48	-0.56	0.66	-0.19		0.53	0.41	0.49
Short Long Term Debt Total	0.87	0.35	0.42	0.69	0.74	0.28	0.75	-0.48	-0.27	0.74	0.64	-0.82	0.3	-0.79	0.89	0.74	0.85	0.64	-0.29	-0.18	0.75	0.41	0.53		0.99	0.92
Long Term Debt	0.86	0.41	0.37	0.71	0.69	0.39	0.68	-0.46	-0.16	0.7	0.65	-0.81	0.34	-0.8	0.87	0.74	0.85	0.65	-0.19	-0.07	0.68	0.45	0.41	0.99		0.91
Good Will	0.91	0.29	0.34	0.71	0.79	0.36	0.75	-0.35	-0.09	0.8	0.71	-0.86	0.24	-0.83	0.95	0.69	0.93	0.7	-0.13	-0.01	0.63	0.37	0.49	0.92	0.91

Click cells to compare fundamentals

AXIS Capital Account Relationship Matchups

AXIS Capital fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	25.6B	25.9B	27.4B	27.6B	28.3B	20.2B
Total Stockholder Equity	5.5B	5.3B	5.4B	4.6B	5.3B	5.4B
Other Liab	10.9B	1.4B	1.8B	12.9B	14.8B	15.6B
Retained Earnings	6.1B	5.8B	6.2B	6.2B	6.4B	4.7B
Accounts Payable	1.3B	1.1B	1.3B	1.5B	1.8B	1.9B
Cash	1.2B	902.8M	844.6M	751.4M	1.4B	1.3B
Non Current Assets Total	13.5B	13.3B	14.0B	13.1B	16.5B	17.4B
Non Currrent Assets Other	(13.5B)	(13.3B)	(14.0B)	(13.1B)	(441.0M)	(463.1M)
Other Assets	(9.1B)	(8.2B)	(8.2B)	(6.9B)	(6.2B)	(5.9B)
Net Receivables	7.4B	7.7B	8.4B	9.2B	10.1B	10.6B
Common Stock Shares Outstanding	84.5M	84.3M	85.3M	85.7M	86.0M	96.2M
Short Term Investments	12.5B	12.2B	12.3B	11.4B	17.2M	16.4M
Liabilities And Stockholders Equity	25.6B	25.9B	27.4B	27.6B	28.3B	20.2B
Other Stockholder Equity	(1.5B)	(1.4B)	(1.4B)	(1.4B)	(1.4B)	(1.3B)
Total Liab	20.1B	20.6B	22.0B	23.0B	23.1B	14.8B
Total Current Assets	21.1B	20.8B	21.5B	21.4B	11.8B	16.4B
Intangible Assets	230.6M	219.6M	208.7M	197.8M	186.9M	115.3M
Other Current Liab	(1.3B)	(1.1B)	(1.3B)	(102.6M)	16.4B	17.3B
Total Current Liabilities	1.3B	1.1B	1.3B	1.5B	18.3B	10.3B
Net Debt	682.6M	547.1M	585.9M	744.9M	138.6M	145.6M
Cash And Short Term Investments	13.7B	13.1B	13.2B	12.1B	5.3B	8.8B
Other Current Assets	9.0B	9.4B	9.7B	10.5B	11.8B	12.4B
Accumulated Other Comprehensive Income	171.7M	414.4M	56.5M	(760.3M)	(365.8M)	(347.5M)
Short Long Term Debt Total	1.9B	1.4B	1.4B	1.5B	1.5B	1.1B
Long Term Debt	1.8B	1.3B	1.3B	1.3B	1.4B	1.1B
Non Current Liabilities Total	1.9B	1.4B	1.4B	1.5B	4.8B	5.1B
Treasury Stock	(3.8B)	(3.8B)	(3.8B)	(3.7B)	(3.4B)	(3.5B)
Inventory	(9.0B)	(9.4B)	(9.7B)	(10.5B)	(15.4B)	(14.6B)
Net Tangible Assets	4.4B	4.4B	4.6B	3.8B	3.4B	3.7B
Retained Earnings Total Equity	5.9B	6.1B	5.8B	6.2B	7.1B	5.7B
Long Term Debt Total	1.8B	1.3B	1.3B	1.3B	1.5B	1.3B
Capital Surpluse	2.3B	2.3B	2.3B	2.4B	2.7B	2.5B
Long Term Investments	14.4B	14.3B	13.6B	12.7B	13.7B	15.0B
Non Current Liabilities Other	17.6B	18.2B	19.2B	20.6B	23.7B	16.8B

Pair Trading with AXIS Capital

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 AXIS Capital 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 AXIS Capital will appreciate offsetting losses from the drop in the long position's value.

Moving together with AXIS Stock

0.63	ACT	Enact Holdings Financial Report 1st of May 2024	Pair Corr
0.86	AIZ	Assurant Financial Report 7th of May 2024	Pair Corr

The ability to find closely correlated positions to AXIS Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AXIS Capital 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 AXIS Capital - 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 AXIS Capital Holdings to buy it.

The correlation of AXIS Capital 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 AXIS Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AXIS Capital Holdings 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 AXIS Capital 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.

Pair Correlation Correlation Matching

When determining whether AXIS Capital Holdings is a strong investment it is important to analyze AXIS Capital's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact AXIS Capital's future performance. For an informed investment choice regarding AXIS Stock, refer to the following important reports:

How To Invest In AXIS

Details

Is AXIS Stock a good investment?

Details

What is AXIS Capital's Net Worth?

Details

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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 tightly coupled with the direction of predictive economic indicators such as signals in interest.

You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Complementary 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.

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Is AXIS Capital'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 AXIS Capital. If investors know AXIS 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 AXIS Capital 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

4.226

Dividend Share

1.76

Earnings Share

4.02

Revenue Per Share

66.282

Quarterly Revenue Growth

0.023

The market value of AXIS Capital Holdings is measured differently than its book value, which is the value of AXIS that is recorded on the company's balance sheet. Investors also form their own opinion of AXIS Capital's value that differs from its market value or its book value, called intrinsic value, which is AXIS Capital'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 AXIS Capital's market value can be influenced by many factors that don't directly affect AXIS Capital'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 AXIS Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if AXIS Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AXIS Capital'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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AXIS Market Capitalization vs Free Cash Flow Analysis

Market Cap vs Free Cash Flow

Market Capitalization vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Market Cap

Free Cash Flow

AXIS Capital fundamental ratios Correlations

AXIS Capital Account Relationship Matchups

High Positive Relationship

High Negative Relationship

AXIS Capital fundamental ratios Accounts

Pair Trading with AXIS Capital

Moving together with AXIS Stock

Complementary Tools for AXIS Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Total Equity
Total Liab	+ 0.99	Total Assets
Other Stockholder Equity	+ 0.99	Common Stock Shares Outstanding
Long Term Debt	+ 0.99	Short Long Term Debt Total
Good Will	+ 0.95	Total Liab
Total Current Liabilities	+ 0.95	Other Current Liab

Total Liab	- 0.88	Other Stockholder Equity
Total Liab	- 0.88	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.88	Total Assets
Common Stock Shares Outstanding	- 0.87	Total Assets
Good Will	- 0.86	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.86	Net Receivables