Enact Holdings Financials
| ACT Etf | USD 33.83 0.60 1.81% |
Enact |
The data published in Enact Holdings' official financial statements typically reflect Enact Holdings' business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Enact Holdings' quantitative information. For example, before you start analyzing numbers published by Enact accountants, it's essential to understand Enact Holdings' liquidity, profitability, and earnings quality within the context of the Insurance space in which it operates.
Please note, the imprecision that can be found in Enact Holdings' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Enact Holdings. Check Enact Holdings' Beneish M Score to see the likelihood of Enact Holdings' management manipulating its earnings.
Enact Holdings Etf Summary
Enact Holdings competes with Assured Guaranty, AMERISAFE, MBIA, ICC Holdings, and Ambac Financial. Enact Holdings, Inc. operates as a private mortgage insurance company in the United States. Enact Holdings is listed under InsuranceSpecialty in the United States and is traded on NASDAQ Exchange exchange.Specialization | Financial Services, Insurance - Specialty |
| Instrument | USA Etf View All |
| Exchange | NASDAQ Exchange |
| ISIN | US29249E1091 |
| CUSIP | 29249E109 |
| Region | Others |
| Investment Issuer | Others |
| Location | North Carolina; U.S.A |
| Business Address | 8325 Six Forks |
| Etf Family | Insurance |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Website | enactmi.com |
| Phone | 919 846 4100 |
| Currency | USD - US Dollar |
Enact Holdings Key Financial Ratios
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0925 | ||||
| Target Price | 38.6 | ||||
| Beta | 0.6 | ||||
| Last Dividend Paid | 0.74 |
Enact Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Enact Holdings's current stock value. Our valuation model uses many indicators to compare Enact Holdings value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Enact Holdings competition to find correlations between indicators driving Enact Holdings's intrinsic value. More Info.Enact Holdings is rated below average in price to earning as compared to similar ETFs. It is rated below average in price to book as compared to similar ETFs fabricating about 0.18 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Enact Holdings is roughly 5.54 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Enact Holdings by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Enact Holdings Systematic Risk
Enact Holdings' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Enact Holdings volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Enact Holdings correlated with the market. If Beta is less than 0 Enact Holdings generally moves in the opposite direction as compared to the market. If Enact Holdings Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Enact Holdings is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Enact Holdings is generally in the same direction as the market. If Beta > 1 Enact Holdings moves generally in the same direction as, but more than the movement of the benchmark.
Enact Holdings Thematic Clasifications
Enact Holdings is part of several thematic ideas from Obamacare to Insurance. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasEnact Holdings February 26, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Enact Holdings help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Enact Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of Enact Holdings based on widely used predictive technical indicators. In general, we focus on analyzing Enact Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Enact Holdings's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.35 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 5.62 | |||
| Value At Risk | (2.21) | |||
| Potential Upside | 1.58 |
Other Information on Investing in Enact Etf
Enact Holdings financial ratios help investors to determine whether Enact Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Enact with respect to the benefits of owning Enact Holdings security.