Harleysville Financial Return On Asset vs. Beta
| HARLDelisted Stock | USD 23.05 0.00 0.00% |
For Harleysville Financial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Harleysville Financial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Harleysville Financial Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Harleysville Financial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Harleysville Financial Corp over time as well as its relative position and ranking within its peers.
Harleysville |
Harleysville Financial Beta vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Harleysville Financial's current stock value. Our valuation model uses many indicators to compare Harleysville Financial value to that of its competitors to determine the firm's financial worth. Harleysville Financial Corp is rated # 3 in return on asset category among its peers. It is rated below average in beta category among its peers totaling about 18.80 of Beta per Return On Asset. 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 Harleysville Financial's earnings, one of the primary drivers of an investment's value.Harleysville Beta vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Harleysville Financial |
| = | 0.0115 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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.
Harleysville Financial |
| = | 0.22 |
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.
Harleysville Beta Comparison
Harleysville Financial is currently under evaluation in beta category among its peers.
Beta Analysis
As returns on the market increase, Harleysville Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Harleysville Financial is expected to be smaller as well.
Harleysville Financial Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Harleysville Financial, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Harleysville Financial will eventually generate negative long term returns. The profitability progress is the general direction of Harleysville Financial's change in net profit over the period of time. It can combine multiple indicators of Harleysville 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.
Harleysville Financial Corporation operates as the bank holding company for Harleysville Bank that provides various banking products and services primarily in southeastern Pennsylvania. The company was incorporated in 1915 and is headquartered in Harleysville, Pennsylvania. Harleysville Savings operates under BanksRegional classification in the United States and is traded on OTC Exchange.
Harleysville Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Harleysville 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 Harleysville 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 Harleysville Financial's important profitability drivers and their relationship over time.
Use Harleysville 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 Harleysville 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 Harleysville Financial will appreciate offsetting losses from the drop in the long position's value.Harleysville Financial Pair Trading
Harleysville Financial Corp Pair Trading Analysis
The ability to find closely correlated positions to Harleysville 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 Harleysville 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 Harleysville 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 Harleysville Financial Corp to buy it.
The correlation of Harleysville 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 Harleysville Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Harleysville Financial 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 Harleysville 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 Harleysville Financial position
In addition to having Harleysville 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?
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Emerging Markets Funds
Fund or Etfs that invest in markets of developing countries. The Emerging Markets Funds theme has 44 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 Emerging Markets Funds Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Other Consideration for investing in Harleysville OTC Stock
If you are still planning to invest in Harleysville Financial 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 Harleysville Financial's history and understand the potential risks before investing.
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