Enact Holdings Etf Performance
| ACT Etf | USD 33.96 0.04 0.12% |
The etf shows a Beta (market volatility) of 0.47, which means possible diversification benefits within a given portfolio. As returns on the market increase, Enact Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Enact Holdings is expected to be smaller as well.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Enact Holdings are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable fundamental indicators, Enact Holdings is not utilizing all of its potentials. The recent stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| Begin Period Cash Flow | 513.8 M | |
| Free Cash Flow | 632 M |
Enact |
Enact Holdings Relative Risk vs. Return Landscape
If you would invest 3,220 in Enact Holdings on November 1, 2024 and sell it today you would earn a total of 178.00 from holding Enact Holdings or generate 5.53% return on investment over 90 days. Enact Holdings is generating 0.0973% of daily returns assuming volatility of 1.2357% on return distribution over 90 days investment horizon. In other words, 11% of etfs are less volatile than Enact, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Enact Holdings Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Enact Holdings' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Enact Holdings, and traders can use it to determine the average amount a Enact Holdings' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0787
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Estimated Market Risk
| 1.24 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Enact Holdings is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Enact Holdings by adding it to a well-diversified portfolio.
Enact Holdings Fundamentals Growth
Enact Etf prices reflect investors' perceptions of the future prospects and financial health of Enact Holdings, and Enact Holdings fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Enact Etf performance.
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.093 | ||||
| Profit Margin | 0.57 % | ||||
| Operating Margin | 0.78 % | ||||
| Current Valuation | 5.28 B | ||||
| Shares Outstanding | 153.59 M | ||||
| Price To Earning | 5.66 X | ||||
| Price To Book | 1.03 X | ||||
| Price To Sales | 4.36 X | ||||
| Revenue | 1.15 B | ||||
| EBITDA | (51.74 M) | ||||
| Cash And Equivalents | 538.21 M | ||||
| Cash Per Share | 3.31 X | ||||
| Total Debt | 745.42 M | ||||
| Debt To Equity | 0.18 % | ||||
| Book Value Per Share | 32.61 X | ||||
| Cash Flow From Operations | 632.04 M | ||||
| Earnings Per Share | 4.29 X | ||||
| Total Asset | 6.19 B | ||||
| Retained Earnings | 2.55 B | ||||
| Current Asset | 11.02 B | ||||
| Current Liabilities | 7.66 B | ||||
About Enact Holdings Performance
Assessing Enact Holdings' fundamental ratios provides investors with valuable insights into Enact Holdings' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Enact Holdings is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Enact Holdings, Inc. operates as a private mortgage insurance company in the United States. Enact Holdings is listed under InsuranceSpecialty in the United States and is traded on NASDAQ Exchange exchange.| Enact Holdings has 745.42 M in debt with debt to equity (D/E) ratio of 0.18, which may show that the company is not taking advantage of profits from borrowing. Enact Holdings has a current ratio of 0.83, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Enact Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, Enact Holdings' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Enact Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Enact to invest in growth at high rates of return. When we think about Enact Holdings' use of debt, we should always consider it together with cash and equity. | |
| About 81.0% of Enact Holdings shares are held by company insiders | |
| The fund holds 99.42% of its assets under management (AUM) in equities |
Other Information on Investing in Enact Etf
Enact Holdings financial ratios help investors to determine whether Enact Etf 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 Enact with respect to the benefits of owning Enact Holdings security.