Watford Holdings Stock Net Income
Watford Holdings' fundamental analysis aims to assess its intrinsic value by examining key economic and financial indicators - such as cash flow records, changes in balance sheet accounts, income statement trends, financial ratios, and relevant microeconomic factors affecting Watford Stock price.
Watford |
Watford Holdings Company Net Income Analysis
Watford Holdings' 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.
Current Watford Holdings Net Income | 369.18 M |
Most of Watford Holdings' fundamental indicators, such as Net Income, 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, Watford Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionBased on the recorded statements, Watford Holdings reported net income of 369.18 M. This is 71.1% lower than that of the Financial Services sector and significantly higher than that of the Insurance—Diversified industry. The net income for all United States stocks is 35.34% higher than that of the company.
Watford Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Watford Holdings' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Watford Holdings could also be used in its relative valuation, which is a method of valuing Watford Holdings by comparing valuation metrics of similar companies.Watford Holdings is currently under evaluation in net income category among its peers.
Watford Fundamentals
| Return On Equity | 45.38 | |||
| Return On Asset | 7.24 | |||
| Profit Margin | 36.57 % | |||
| Operating Margin | 40.32 % | |||
| Current Valuation | 310.02 M | |||
| Shares Owned By Insiders | 0.08 % | |||
| Shares Owned By Institutions | 0.83 % | |||
| Number Of Shares Shorted | 72 | |||
| Price To Earning | 12.55 X | |||
| Price To Book | 0.57 X | |||
| Revenue | 1.02 B | |||
| Gross Profit | 125.36 M | |||
| EBITDA | 411.77 M | |||
| Net Income | 369.18 M | |||
| Cash And Equivalents | 666.29 M | |||
| Cash Per Share | 33.44 X | |||
| Total Debt | 423.99 M | |||
| Debt To Equity | 0.41 % | |||
| Current Ratio | 1.22 X | |||
| Book Value Per Share | 43.83 X | |||
| Cash Flow From Operations | 173.11 M | |||
| Short Ratio | 0.05 X | |||
| Earnings Per Share | 2.00 X | |||
| Number Of Employees | 11 | |||
| Beta | -0.25 | |||
| Last Dividend Paid | 0.48 |
Pair Trading with Watford Holdings
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 Watford Holdings 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 Watford Holdings will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Estee Lauder could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Estee Lauder 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 Estee Lauder - 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 Estee Lauder Companies to buy it.
The correlation of Estee Lauder 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 Estee Lauder moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Estee Lauder Companies 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 Estee Lauder 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.Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Other Consideration for investing in Watford Stock
If you are still planning to invest in Watford Holdings check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Watford Holdings' history and understand the potential risks before investing.
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