Enact Holdings Inc Stock Price Down 3.42 percent on Sep 11
ACT Etf | USD 32.32 0.06 0.19% |
Slightly above 62% of Enact Holdings' investor base is looking to short. The analysis of the overall prospects from investing in Enact Holdings suggests that many traders are, at the present time, alarmed. Enact Holdings' investing sentiment can be driven by a variety of factors including economic data, Enact Holdings' earnings reports, geopolitical events, and overall market trends.
Enact |
Shares of Enact Holdings Inc fell 3.42 percent in mid-day trading on Sep 11. The stock reached an intraday low of 34.70, before recovering slightly to 34.77,
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Enact Holdings Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Enact Holdings can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Enact Holdings Fundamental Analysis
We analyze Enact Holdings' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Enact Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Enact Holdings based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Annual Yield
Annual Yield Comparative Analysis
Enact Holdings is currently under evaluation in annual yield as compared to similar ETFs. Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
Enact Holdings Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Enact Holdings etf to make a market-neutral strategy. Peer analysis of Enact Holdings could also be used in its relative valuation, which is a method of valuing Enact Holdings by comparing valuation metrics with similar companies.
Peers
Enact Holdings Related Equities
RDN | Radian | 0.63 | ||||
MBI | MBIA | 0.29 | ||||
ESNT | Essent | 0.07 | ||||
ICCH | ICC Holdings | 0.04 | ||||
JRVR | James River | 0.00 | ||||
MTG | MGIC Investment | 0.17 | ||||
NMIH | NMI Holdings | 0.52 | ||||
AGO | Assured Guaranty | 0.56 | ||||
AMSF | AMERISAFE | 0.58 | ||||
EIG | Employers Holdings | 1.52 | ||||
AMBC | Ambac Financial | 1.90 |
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.