ENB Financial Price To Book vs. Net Income
| ENBP Stock | USD 18.25 0.50 2.82% |
For ENB Financial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ENB Financial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ENB Financial Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ENB Financial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ENB Financial Corp over time as well as its relative position and ranking within its peers.
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ENB Financial Corp Net Income vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ENB Financial's current stock value. Our valuation model uses many indicators to compare ENB Financial value to that of its competitors to determine the firm's financial worth. ENB Financial Corp is rated # 4 in price to book category among its peers. It is one of the top stocks in net income category among its peers making up about 13,422,118 of Net Income per Price To Book. 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 ENB Financial's earnings, one of the primary drivers of an investment's value.ENB Net Income vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
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| = | 1.11 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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.
ENB Financial |
| = | 14.92 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.
ENB Net Income Comparison
ENB Financial is currently under evaluation in net income category among its peers.
ENB Financial Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ENB Financial, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ENB Financial will eventually generate negative long term returns. The profitability progress is the general direction of ENB Financial's change in net profit over the period of time. It can combine multiple indicators of ENB Financial, 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.
ENB Financial Corp operates as the bank holding company for Ephrata National Bank that provides various financial services to individuals and small-to-medium-sized businesses in Pennsylvania, the United States. The company was founded in 1881 and is headquartered in Ephrata, Pennsylvania. Enb Financial operates under BanksRegional classification in the United States and is traded on OTC Exchange. It employs 251 people.
ENB Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ENB Financial. 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 ENB Financial 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 ENB Financial's important profitability drivers and their relationship over time.
Use ENB Financial 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 ENB Financial 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 ENB Financial will appreciate offsetting losses from the drop in the long position's value.ENB Financial Pair Trading
ENB Financial Corp Pair Trading Analysis
The ability to find closely correlated positions to ENB Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ENB Financial 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 ENB Financial - 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 ENB Financial Corp to buy it.
The correlation of ENB Financial 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 ENB Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ENB Financial Corp 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 ENB Financial 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 ENB Financial position
In addition to having ENB Financial 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 Alternative Energy Thematic Idea Now
Alternative Energy
Large and mid-size companies, ETFs and funds that are either investing or directly involved in providing energy derived from sources not connected to fossil fuels, do not consume natural resources, and do not harm the environment. This includes wind power, nuclear and solar energy, biofuel, ethanol, hydrogen and others alternative sources of energy. The Alternative Energy theme has 42 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 Alternative Energy Theme or any other thematic opportunities.
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Additional Tools for ENB OTC Stock Analysis
When running ENB Financial's price analysis, check to measure ENB Financial'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 ENB Financial is operating at the current time. Most of ENB Financial's value examination focuses on studying past and present price action to predict the probability of ENB Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ENB Financial's price. Additionally, you may evaluate how the addition of ENB Financial to your portfolios can decrease your overall portfolio volatility.