Goosehead Insurance Financials
| 2OX Stock | 111.25 1.25 1.14% |
Goosehead |
Understanding current and past Goosehead Insurance Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Goosehead Insurance's financial statements are interrelated, with each one affecting the others. For example, an increase in Goosehead Insurance's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Goosehead Insurance's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Goosehead Insurance. Check Goosehead Insurance's Beneish M Score to see the likelihood of Goosehead Insurance's management manipulating its earnings.
| Instrument | Germany Stock View All |
| Exchange | Stuttgart Exchange |
| ISIN | US38267D1090 |
| Benchmark | Dow Jones Industrial |
You should never invest in Goosehead Insurance without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Goosehead Stock, because this is throwing your money away. Analyzing the key information contained in Goosehead Insurance's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Goosehead Insurance Key Financial Ratios
Goosehead Insurance's financial ratios allow both analysts and investors to convert raw data from Goosehead Insurance's financial statements into concise, actionable information that can be used to evaluate the performance of Goosehead Insurance over time and compare it to other companies across industries.Goosehead Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Goosehead Insurance's current stock value. Our valuation model uses many indicators to compare Goosehead Insurance value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Goosehead Insurance competition to find correlations between indicators driving Goosehead Insurance's intrinsic value. More Info.Goosehead Insurance is rated below average in current valuation category among its peers. It is number one stock in price to book category among its peers . The ratio of Current Valuation to Price To Book for Goosehead Insurance is about 7,101,721 . 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 Goosehead Insurance's earnings, one of the primary drivers of an investment's value.Goosehead Insurance Systematic Risk
Goosehead Insurance's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Goosehead Insurance volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Goosehead Insurance correlated with the market. If Beta is less than 0 Goosehead Insurance generally moves in the opposite direction as compared to the market. If Goosehead Insurance Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Goosehead Insurance is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Goosehead Insurance is generally in the same direction as the market. If Beta > 1 Goosehead Insurance moves generally in the same direction as, but more than the movement of the benchmark.
Goosehead Insurance Thematic Clasifications
Goosehead Insurance is part of Insurance Providers investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. All types of insurance and insurance brokerages. Companies providing all types of insurance and insurance services
This theme covers All types of insurance and insurance brokerages. Companies providing all types of insurance and insurance services. Get More Thematic Ideas
| Insurance Providers | View |
Goosehead Insurance November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Goosehead Insurance help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Goosehead Insurance. We use our internally-developed statistical techniques to arrive at the intrinsic value of Goosehead Insurance based on widely used predictive technical indicators. In general, we focus on analyzing Goosehead Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Goosehead Insurance's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.82 | |||
| Information Ratio | 0.2011 | |||
| Maximum Drawdown | 15.12 | |||
| Value At Risk | (2.78) | |||
| Potential Upside | 4.9 |
Additional Tools for Goosehead Stock Analysis
When running Goosehead Insurance's price analysis, check to measure Goosehead Insurance'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 Goosehead Insurance is operating at the current time. Most of Goosehead Insurance's value examination focuses on studying past and present price action to predict the probability of Goosehead Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goosehead Insurance's price. Additionally, you may evaluate how the addition of Goosehead Insurance to your portfolios can decrease your overall portfolio volatility.