Pinnacle Cash Flow To Debt Ratio from 2010 to 2024
| PNFP Stock | USD 127.11 0.14 0.11% |
Cash Flow To Debt Ratio | First Reported 2010-12-31 | Previous Quarter 0.18665003 | Current Value 0.21 | Quarterly Volatility 0.22407266 |
Check Pinnacle Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pinnacle Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 82.6 M, Interest Expense of 1.1 B or Selling General Administrative of 591.8 M, as well as many indicators such as Price To Sales Ratio of 5.51, Dividend Yield of 0.0072 or PTB Ratio of 1.5. Pinnacle financial statements analysis is a perfect complement when working with Pinnacle Financial Valuation or Volatility modules.
Pinnacle | Cash Flow To Debt Ratio |
Latest Pinnacle Financial's Cash Flow To Debt Ratio Growth Pattern
Below is the plot of the Cash Flow To Debt Ratio of Pinnacle Financial Partners over the last few years. It is Pinnacle Financial's Cash Flow To Debt Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Pinnacle Financial's overall financial position and show how it may be relating to other accounts over time.
| Cash Flow To Debt Ratio | 10 Years Trend |
|
Cash Flow To Debt Ratio |
| Timeline |
Pinnacle Cash Flow To Debt Ratio Regression Statistics
| Arithmetic Mean | 0.30 | |
| Coefficient Of Variation | 73.88 | |
| Mean Deviation | 0.18 | |
| Median | 0.24 | |
| Standard Deviation | 0.22 | |
| Sample Variance | 0.05 | |
| Range | 0.7631 | |
| R-Value | 0.03 | |
| Mean Square Error | 0.05 | |
| R-Squared | 0.0009 | |
| Significance | 0.91 | |
| Slope | 0 | |
| Total Sum of Squares | 0.70 |
Pinnacle Cash Flow To Debt Ratio History
About Pinnacle Financial Financial Statements
Pinnacle Financial shareholders use historical fundamental indicators, such as Cash Flow To Debt Ratio, to determine how well the company is positioned to perform in the future. Although Pinnacle Financial investors may analyze each financial statement separately, they are all interrelated. The changes in Pinnacle Financial's assets and liabilities, for example, are also reflected in the revenues and expenses on on Pinnacle Financial's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Cash Flow To Debt Ratio | 0.19 | 0.21 |
Pair Trading with Pinnacle 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 Pinnacle 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 Pinnacle Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Pinnacle Stock
Moving against Pinnacle Stock
| 0.66 | CFG-PE | Citizens Financial | PairCorr |
| 0.64 | TFC-PO | Truist Financial | PairCorr |
| 0.61 | TFC-PR | Truist Financial | PairCorr |
| 0.37 | WF | Woori Financial Group | PairCorr |
The ability to find closely correlated positions to Pinnacle 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 Pinnacle 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 Pinnacle 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 Pinnacle Financial Partners to buy it.
The correlation of Pinnacle 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 Pinnacle Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pinnacle 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 Pinnacle 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.Additional Tools for Pinnacle Stock Analysis
When running Pinnacle Financial's price analysis, check to measure Pinnacle 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 Pinnacle Financial is operating at the current time. Most of Pinnacle Financial's value examination focuses on studying past and present price action to predict the probability of Pinnacle 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 Pinnacle Financial's price. Additionally, you may evaluate how the addition of Pinnacle Financial to your portfolios can decrease your overall portfolio volatility.