International General Return On Asset vs. Z Score
| IGICWDelisted Stock | USD 0.60 0.00 0.00% |
For International General profitability analysis, we use financial ratios and fundamental drivers that measure the ability of International General to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well International General Insurance utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between International General's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of International General Insurance over time as well as its relative position and ranking within its peers.
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International General Z Score vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining International General's current stock value. Our valuation model uses many indicators to compare International General value to that of its competitors to determine the firm's financial worth. International General Insurance is currently regarded as number one stock in return on asset category among its peers. It also is currently regarded as number one stock in z score category among its peers totaling about 43.83 of Z Score per Return On Asset. Comparative valuation analysis is a catch-all technique that is used if you cannot value International General by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.International Z Score 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.
International General |
| = | 0.0162 |
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.
Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
International General |
| = | 0.71 |
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
International Z Score Comparison
International General is currently under evaluation in z score category among its peers.
International General Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in International General, profitability is also one of the essential criteria for including it into their portfolios because, without profit, International General will eventually generate negative long term returns. The profitability progress is the general direction of International General's change in net profit over the period of time. It can combine multiple indicators of International General, 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.
International General Insurance Holdings Ltd. provides specialty insurance and reinsurance solutions worldwide. The company was founded in 2001 and is based in Amman, Jordan. International General is traded on BATS Exchange in USA.
International Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on International General. 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 International General 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 International General's important profitability drivers and their relationship over time.
Use International General 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 International General 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 International General will appreciate offsetting losses from the drop in the long position's value.International General Pair Trading
International General Insurance Pair Trading Analysis
The ability to find closely correlated positions to International General could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace International General 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 International General - 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 International General Insurance to buy it.
The correlation of International General 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 International General moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if International General 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 International General 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 International General position
In addition to having International General 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 Long Short Funds Thematic Idea Now
Long Short Funds
Funds or Etfs that are designed to hedge away market risk by investing in combination of bonds, stocks, derivative instruments as well as short positions to maximize returns irrespective of market conditions. The Long Short Funds theme has 46 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 Long Short 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 company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Other Consideration for investing in International Stock
If you are still planning to invest in International General 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 International General's history and understand the potential risks before investing.
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