Pekin Financial Statements From 2010 to 2024
| PKIN Stock | USD 11.75 0.23 2.00% |
Check Pekin Life financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pekin Life's main balance sheet or income statement drivers, such as , as well as many indicators such as . Pekin financial statements analysis is a perfect complement when working with Pekin Life Valuation or Volatility modules.
Pekin |
Pekin Life Insurance Company Return On Equity Analysis
Pekin Life's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Pekin Life Return On Equity | -0.0309 |
Most of Pekin Life's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Pekin Life Insurance is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Pekin Life Insurance has a Return On Equity of -0.0309. This is 102.13% lower than that of the Insurance sector and significantly lower than that of the Financials industry. The return on equity for all United States stocks is 90.03% lower than that of the firm.
Pekin Life Insurance Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Pekin Life's current stock value. Our valuation model uses many indicators to compare Pekin Life value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Pekin Life competition to find correlations between indicators driving Pekin Life's intrinsic value. More Info.Pekin Life Insurance is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Pekin Life by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Pekin Life's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Pekin Life Financial Statements
Pekin Life investors utilize fundamental indicators, such as revenue or net income, to predict how Pekin Pink Sheet might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Pekin Life Insurance Company operates as a life and accident and health insurance company in the United States. The company was founded in 1921 and is headquartered in Pekin, Illinois. Pekin Life is traded on OTC Exchange in the United States.
Pair Trading with Pekin Life
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 Pekin Life 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 Pekin Life will appreciate offsetting losses from the drop in the long position's value.Moving against Pekin Pink Sheet
| 0.43 | SGD | Safe and Green | PairCorr |
| 0.42 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
| 0.4 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.39 | QLGN | Qualigen Therapeutics Trending | PairCorr |
The ability to find closely correlated positions to Pekin Life could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pekin Life 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 Pekin Life - 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 Pekin Life Insurance to buy it.
The correlation of Pekin Life 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 Pekin Life moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pekin Life Insurance 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 Pekin Life 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.Other Information on Investing in Pekin Pink Sheet
Pekin Life financial ratios help investors to determine whether Pekin Pink Sheet 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 Pekin with respect to the benefits of owning Pekin Life security.