Donegal Investment Gross Profit vs. Net Income
| DQ7A Stock | 16.50 0.00 0.00% |
For Donegal Investment profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Donegal Investment to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Donegal Investment Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Donegal Investment's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Donegal Investment Group over time as well as its relative position and ranking within its peers.
Donegal |
Donegal Investment Net Income vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Donegal Investment's current stock value. Our valuation model uses many indicators to compare Donegal Investment value to that of its competitors to determine the firm's financial worth. Donegal Investment Group is rated below average in gross profit category among its peers. It is rated below average in net income category among its peers making up about 1.58 of Net Income per Gross Profit. 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 Donegal Investment's earnings, one of the primary drivers of an investment's value.Donegal Net Income vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Donegal Investment |
| = | 8.4 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
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.
Donegal Investment |
| = | 13.31 M |
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.
Donegal Net Income Comparison
Donegal Investment is rated below average in net income category among its peers.
Donegal Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Donegal Investment. 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 Donegal Investment 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 Donegal Investment's important profitability drivers and their relationship over time.
Use Donegal Investment 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 Donegal Investment 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 Donegal Investment will appreciate offsetting losses from the drop in the long position's value.Donegal Investment Pair Trading
Donegal Investment Group Pair Trading Analysis
The ability to find closely correlated positions to Donegal Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Donegal Investment 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 Donegal Investment - 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 Donegal Investment Group to buy it.
The correlation of Donegal Investment 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 Donegal Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Donegal Investment 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 Donegal Investment 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 Donegal Investment position
In addition to having Donegal Investment 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 Healthcare Thematic Idea Now
Healthcare
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Healthcare theme has 61 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 Healthcare Theme or any other thematic opportunities.
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Additional Tools for Donegal Stock Analysis
When running Donegal Investment's price analysis, check to measure Donegal Investment'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 Donegal Investment is operating at the current time. Most of Donegal Investment's value examination focuses on studying past and present price action to predict the probability of Donegal Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Donegal Investment's price. Additionally, you may evaluate how the addition of Donegal Investment to your portfolios can decrease your overall portfolio volatility.