Sunrun Non Operating Income Net Other from 2010 to 2024
RUN Stock | USD 9.13 0.02 0.22% |
Non Operating Income Net Other | First Reported 2015-09-30 | Previous Quarter -25 M | Current Value 41.1 M | Quarterly Volatility 33.8 M |
Check Sunrun financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sunrun's main balance sheet or income statement drivers, such as Depreciation And Amortization of 558.3 M, Interest Expense of 685.6 M or Selling General Administrative of 156.3 M, as well as many indicators such as Price To Sales Ratio of 1.79, Dividend Yield of 0.0307 or PTB Ratio of 0.77. Sunrun financial statements analysis is a perfect complement when working with Sunrun Valuation or Volatility modules.
Sunrun | Non Operating Income Net Other |
Latest Sunrun's Non Operating Income Net Other Growth Pattern
Below is the plot of the Non Operating Income Net Other of Sunrun Inc over the last few years. It is Sunrun's Non Operating Income Net Other historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sunrun's overall financial position and show how it may be relating to other accounts over time.
Non Operating Income Net Other | 10 Years Trend |
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Non Operating Income Net Other |
Timeline |
Sunrun Non Operating Income Net Other Regression Statistics
Arithmetic Mean | (4,141,118) | |
Coefficient Of Variation | (101.65) | |
Mean Deviation | 3,788,008 | |
Median | (1,769,000) | |
Standard Deviation | 4,209,240 | |
Sample Variance | 17.7T | |
Range | 12M | |
R-Value | (0.70) | |
Mean Square Error | 9.7T | |
R-Squared | 0.49 | |
Significance | 0 | |
Slope | (661,435) | |
Total Sum of Squares | 248T |
Sunrun Non Operating Income Net Other History
About Sunrun Financial Statements
Sunrun investors utilize fundamental indicators, such as Non Operating Income Net Other, to predict how Sunrun Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Non Operating Income Net Other | -8.3 M | -7.9 M |
Pair Trading with Sunrun
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 Sunrun 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 Sunrun will appreciate offsetting losses from the drop in the long position's value.Moving together with Sunrun Stock
Moving against Sunrun Stock
0.88 | HON | Honeywell International | PairCorr |
0.87 | GBX | Greenbrier Companies | PairCorr |
0.85 | WAB | Westinghouse Air Brake | PairCorr |
0.82 | MPU | Mega Matrix Corp | PairCorr |
0.81 | TRN | Trinity Industries | PairCorr |
The ability to find closely correlated positions to Sunrun could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sunrun 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 Sunrun - 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 Sunrun Inc to buy it.
The correlation of Sunrun 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 Sunrun moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sunrun Inc 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 Sunrun 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 Sunrun Correlation against competitors. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Electrical Components & Equipment space 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 Sunrun. If investors know Sunrun 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 Sunrun 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 1.173 | Earnings Share (1.75) | Revenue Per Share 9.204 | Quarterly Revenue Growth (0.05) | Return On Assets (0.02) |
The market value of Sunrun Inc is measured differently than its book value, which is the value of Sunrun that is recorded on the company's balance sheet. Investors also form their own opinion of Sunrun's value that differs from its market value or its book value, called intrinsic value, which is Sunrun'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 Sunrun's market value can be influenced by many factors that don't directly affect Sunrun'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 Sunrun's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sunrun is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sunrun'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.