Country-Wide Insurance Profitability Analysis
Country Wide Insurance Beta vs. Number Of Employees Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Country-Wide Insurance's current stock value. Our valuation model uses many indicators to compare Country-Wide Insurance value to that of its competitors to determine the firm's financial worth. Country Wide Insurance is number one stock in number of employees category among its peers. It also is number one stock in beta category among its peers totaling about 0.01 of Beta per Number Of Employees. The ratio of Number Of Employees to Beta for Country Wide Insurance is roughly 87.50 . 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 Country-Wide Insurance's earnings, one of the primary drivers of an investment's value.Country-Wide Number Of Employees vs. Competition
Country Wide Insurance is number one stock in number of employees category among its peers. The total workforce of Insurance—Diversified industry is currently estimated at about 239,945. Country-Wide Insurance adds roughly 7.0 in number of employees claiming only tiny portion of equities under Insurance—Diversified industry.
Country-Wide Beta vs. Number Of Employees
Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.
Country-Wide Insurance |
| = | 7 |
Employee typically refers to an individual working under a contract of employment, whether oral or written, express or implied, and has recognized his or her rights and duties. Most officers of corporations are included as employees and contractors are generally excluded.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Country-Wide Insurance |
| = | 0.08 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Country-Wide Beta Comparison
Country Wide is currently under evaluation in beta category among its peers.
Country-Wide Insurance Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Country-Wide Insurance, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Country-Wide Insurance will eventually generate negative long term returns. The profitability progress is the general direction of Country-Wide Insurance's change in net profit over the period of time. It can combine multiple indicators of Country-Wide Insurance, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Country-Wide Insurance Company provides property and casualty insurance products in New York. Country-Wide Insurance Company was incorporated in 1963 and is headquartered in New York, New York. Country-Wide Insurance operates under InsuranceDiversified classification in the United States and is traded on OTC Exchange.
Country-Wide Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Country-Wide Insurance. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Country-Wide Insurance position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Country-Wide Insurance's important profitability drivers and their relationship over time.
Country-Wide Insurance Earnings per Share Projection vs Actual
Use Country-Wide Insurance in pair-trading
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 Country-Wide Insurance 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 Country-Wide Insurance will appreciate offsetting losses from the drop in the long position's value.Country-Wide Insurance Pair Trading
Country Wide Insurance Pair Trading Analysis
The ability to find closely correlated positions to Country-Wide Insurance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Country-Wide Insurance 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 Country-Wide Insurance - 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 Country Wide Insurance to buy it.
The correlation of Country-Wide Insurance 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 Country-Wide Insurance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Country Wide 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 Country-Wide Insurance 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.Use Investing Themes to Complement your Country-Wide Insurance position
In addition to having Country-Wide Insurance in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Small Growth Funds Thematic Idea Now
Small Growth Funds
Funds or Etfs that invest in stocks of small to mid-sized companies with above-average risk and growth rate that usually reinvest their earnings back into business. The Small Growth Funds theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Small Growth Funds Theme or any other thematic opportunities.
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Other Information on Investing in Country-Wide Pink Sheet
To fully project Country-Wide Insurance's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Country Wide Insurance at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Country-Wide Insurance's income statement, its balance sheet, and the statement of cash flows.