Palomar Retained Earnings from 2010 to 2024

PLMR Stock  USD 109.67  0.10  0.09%   
Palomar Holdings Retained Earnings yearly trend continues to be relatively stable with very little volatility. Retained Earnings are likely to grow to about 151.9 M this year. Retained Earnings is the cumulative amount of net income that Palomar Holdings retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. View All Fundamentals
 
Retained Earnings  
First Reported
2018-12-31
Previous Quarter
196.8 M
Current Value
227.3 M
Quarterly Volatility
58.3 M
 
Covid
Check Palomar Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Palomar Holdings' main balance sheet or income statement drivers, such as Tax Provision of 24.2 M, Interest Income of 22.7 M or Depreciation And Amortization of 4.7 M, as well as many indicators such as Price To Sales Ratio of 3.48, Dividend Yield of 0.0038 or PTB Ratio of 4.73. Palomar financial statements analysis is a perfect complement when working with Palomar Holdings Valuation or Volatility modules.
  
Check out the analysis of Palomar Holdings Correlation against competitors.
To learn how to invest in Palomar Stock, please use our How to Invest in Palomar Holdings guide.

Latest Palomar Holdings' Retained Earnings Growth Pattern

Below is the plot of the Retained Earnings of Palomar Holdings over the last few years. It is the cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. Palomar Holdings' Retained Earnings historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Palomar Holdings' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 144.64 M10 Years Trend
Slightly volatile
   Retained Earnings   
       Timeline  

Palomar Retained Earnings Regression Statistics

Arithmetic Mean37,355,410
Geometric Mean10,678,589
Coefficient Of Variation140.42
Mean Deviation40,981,080
Median3,592,000
Standard Deviation52,456,321
Sample Variance2751.7T
Range151.6M
R-Value0.83
Mean Square Error905.9T
R-Squared0.69
Significance0.0001
Slope9,773,622
Total Sum of Squares38523.3T

Palomar Retained Earnings History

2024151.9 M
2023144.6 M
202287.7 M
202170 M
202040 M
201933.9 M
2018275 K

Other Fundumenentals of Palomar Holdings

Palomar Holdings Retained Earnings component correlations

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About Palomar Holdings Financial Statements

Palomar Holdings shareholders use historical fundamental indicators, such as Retained Earnings, to determine how well the company is positioned to perform in the future. Although Palomar Holdings investors may analyze each financial statement separately, they are all interrelated. The changes in Palomar Holdings' assets and liabilities, for example, are also reflected in the revenues and expenses on on Palomar Holdings' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Retained Earnings144.6 M151.9 M
Retained Earnings Total Equity100.9 M72.5 M

Pair Trading with Palomar Holdings

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 Palomar Holdings 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 Palomar Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving together with Palomar Stock

  0.88L Loews CorpPairCorr
  0.94AFG American FinancialPairCorr
  0.93AIZ AssurantPairCorr
The ability to find closely correlated positions to Palomar Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Palomar Holdings 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 Palomar Holdings - 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 Palomar Holdings to buy it.
The correlation of Palomar Holdings 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 Palomar Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Palomar 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 Palomar Holdings 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 CorrelationCorrelation Matching

Additional Tools for Palomar Stock Analysis

When running Palomar Holdings' price analysis, check to measure Palomar Holdings' 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 Palomar Holdings is operating at the current time. Most of Palomar Holdings' value examination focuses on studying past and present price action to predict the probability of Palomar Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Palomar Holdings' price. Additionally, you may evaluate how the addition of Palomar Holdings to your portfolios can decrease your overall portfolio volatility.