Enact Mortgage Insurance Enters into Two Quota Share Reinsurance Agreements

ACT Etf  USD 32.52  0.20  0.61%   
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.
  
Secures 27 percent of forward quota share reinsurance coverage from a panel of third-party reinsurance providers RALEIGH, N.C., Dec. 03, 2024 -- E

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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.

Current Ratio

Current Ratio Comparative Analysis

Enact Holdings is currently under evaluation in current ratio as compared to similar ETFs. Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

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

EIGEmployers Holdings   1.12   
0%
21.0%
JRVRJames River   1.08   
0%
20.0%
ESNTEssent   0.82   
0%
15.0%
AGOAssured Guaranty   0.35   
0%
6.0%
NMIHNMI Holdings   0.22   
0%
4.0%
MTGMGIC Investment   0.08   
0%
1.0%
RDNRadian   0.69   
13.0%
0%
AMBCAmbac Financial   1.40   
26.0%
0%
AMSFAMERISAFE   1.58   
29.0%
0%
ICCHICC Holdings   2.39   
45.0%
0%
MBIMBIA   5.28   
100.0%
0%

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.