Enstar Free Cash Flow Yield from 2010 to 2024
| ESGR Stock | USD 324.54 0.03 0.01% |
Free Cash Flow Yield | First Reported 2010-12-31 | Previous Quarter 0.11366572 | Current Value 0.12 | Quarterly Volatility 0.57618524 |
Check Enstar Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Enstar Group's main balance sheet or income statement drivers, such as Depreciation And Amortization of 118.7 M, Interest Expense of 94.5 M or Total Revenue of 1.2 B, as well as many indicators such as Price To Sales Ratio of 3.79, Dividend Yield of 0.0074 or PTB Ratio of 0.79. Enstar financial statements analysis is a perfect complement when working with Enstar Group Valuation or Volatility modules.
Enstar | Free Cash Flow Yield |
Latest Enstar Group's Free Cash Flow Yield Growth Pattern
Below is the plot of the Free Cash Flow Yield of Enstar Group Limited over the last few years. It is a financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share. Enstar Group's Free Cash Flow Yield historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Enstar Group's overall financial position and show how it may be relating to other accounts over time.
| Free Cash Flow Yield | 10 Years Trend |
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Free Cash Flow Yield |
| Timeline |
Enstar Free Cash Flow Yield Regression Statistics
| Arithmetic Mean | (0.04) | |
| Geometric Mean | 0.18 | |
| Coefficient Of Variation | (1,288) | |
| Mean Deviation | 0.35 | |
| Median | (0.03) | |
| Standard Deviation | 0.58 | |
| Sample Variance | 0.33 | |
| Range | 2.4856 | |
| R-Value | 0.67 | |
| Mean Square Error | 0.20 | |
| R-Squared | 0.45 | |
| Significance | 0.01 | |
| Slope | 0.09 | |
| Total Sum of Squares | 4.65 |
Enstar Free Cash Flow Yield History
About Enstar Group Financial Statements
Enstar Group shareholders use historical fundamental indicators, such as Free Cash Flow Yield, to determine how well the company is positioned to perform in the future. Although Enstar Group investors may analyze each financial statement separately, they are all interrelated. The changes in Enstar Group's assets and liabilities, for example, are also reflected in the revenues and expenses on on Enstar Group's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Free Cash Flow Yield | 0.11 | 0.12 |
Pair Trading with Enstar Group
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 Enstar Group 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 Enstar Group will appreciate offsetting losses from the drop in the long position's value.Moving together with Enstar Stock
Moving against Enstar Stock
| 0.6 | EQH-PC | Equitable Holdings | PairCorr |
| 0.54 | EQH-PA | Equitable Holdings | PairCorr |
| 0.41 | ACGL | Arch Capital Group | PairCorr |
| 0.31 | ACGLO | Arch Capital Group | PairCorr |
The ability to find closely correlated positions to Enstar Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enstar Group 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 Enstar Group - 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 Enstar Group Limited to buy it.
The correlation of Enstar Group 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 Enstar Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enstar Group Limited 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 Enstar Group 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.Additional Tools for Enstar Stock Analysis
When running Enstar Group's price analysis, check to measure Enstar Group'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 Enstar Group is operating at the current time. Most of Enstar Group's value examination focuses on studying past and present price action to predict the probability of Enstar Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enstar Group's price. Additionally, you may evaluate how the addition of Enstar Group to your portfolios can decrease your overall portfolio volatility.