National Reinsurance Market Capitalization vs. Net Income
| NRCP Stock | 0.70 0.02 2.94% |
For National Reinsurance profitability analysis, we use financial ratios and fundamental drivers that measure the ability of National Reinsurance to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well National Reinsurance utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between National Reinsurance's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of National Reinsurance over time as well as its relative position and ranking within its peers.
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National Reinsurance Net Income vs. Market Capitalization Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining National Reinsurance's current stock value. Our valuation model uses many indicators to compare National Reinsurance value to that of its competitors to determine the firm's financial worth. National Reinsurance is considered to be number one stock in market capitalization category among its peers. It also is considered to be number one stock in net income category among its peers making up about 0.15 of Net Income per Market Capitalization. The ratio of Market Capitalization to Net Income for National Reinsurance is roughly 6.66 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the National Reinsurance's earnings, one of the primary drivers of an investment's value.National Market Capitalization vs. Competition
National Reinsurance is considered to be number one stock in market capitalization category among its peers. Market capitalization of Insurance industry is now estimated at about 395.46 Billion. National Reinsurance adds roughly 1.27 Billion in market capitalization claiming only tiny portion of equities under Insurance industry.
National Net Income vs. Market Capitalization
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
National Reinsurance |
| = | 1.27 B |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
National Reinsurance |
| = | 191.31 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
National Net Income Comparison
National Reinsurance is currently under evaluation in net income category among its peers.
National Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on National Reinsurance. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of National Reinsurance position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the National Reinsurance's important profitability drivers and their relationship over time.
| Market Capitalization vs Cash And Equivalents | ||
| Cash Flow From Operations vs Net Income | ||
| Market Capitalization vs Earnings Per Share | ||
| Total Asset vs Net Income |
Use National Reinsurance in pair-trading
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 National Reinsurance 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 National Reinsurance will appreciate offsetting losses from the drop in the long position's value.National Reinsurance Pair Trading
National Reinsurance Pair Trading Analysis
The ability to find closely correlated positions to National Reinsurance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace National Reinsurance 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 National Reinsurance - 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 National Reinsurance to buy it.
The correlation of National Reinsurance 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 National Reinsurance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if National Reinsurance 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 National Reinsurance 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.Use Investing Themes to Complement your National Reinsurance position
In addition to having National Reinsurance in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Tools for National Stock Analysis
When running National Reinsurance's price analysis, check to measure National Reinsurance's 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 National Reinsurance is operating at the current time. Most of National Reinsurance's value examination focuses on studying past and present price action to predict the probability of National Reinsurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Reinsurance's price. Additionally, you may evaluate how the addition of National Reinsurance to your portfolios can decrease your overall portfolio volatility.