Safety Insurance Current Valuation vs. Return On Asset
| SFN Stock | EUR 80.00 0.50 0.62% |
For Safety Insurance profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Safety Insurance to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Safety Insurance Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Safety Insurance's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Safety Insurance Group over time as well as its relative position and ranking within its peers.
Safety |
Safety Insurance Return On Asset vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Safety Insurance's current stock value. Our valuation model uses many indicators to compare Safety Insurance value to that of its competitors to determine the firm's financial worth. Safety Insurance Group is rated third in current valuation category among its peers. It is rated second in return on asset category among its peers . The ratio of Current Valuation to Return On Asset for Safety Insurance Group is about 67,362,361,467 . 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 Safety Insurance's earnings, one of the primary drivers of an investment's value.Safety Current Valuation vs. Competition
Safety Insurance Group is rated third in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Insurance - Property & Casualty industry is at this time estimated at about 34.72 Billion. Safety Insurance holds roughly 1.24 Billion in current valuation claiming about 4% of equities under Insurance - Property & Casualty industry.
Safety Return On Asset vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Safety Insurance |
| = | 1.24 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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.
Safety Insurance |
| = | 0.0184 |
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.
Safety Return On Asset Comparison
Safety Insurance is currently under evaluation in return on asset category among its peers.
Safety Insurance Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Safety Insurance, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Safety Insurance will eventually generate negative long term returns. The profitability progress is the general direction of Safety Insurance's change in net profit over the period of time. It can combine multiple indicators of Safety 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.
Safety Insurance Group, Inc. provides private passenger and commercial automobile insurance in Massachusetts, New Hampshire, and Maine, the United States. Safety Insurance Group, Inc. was founded in 1979 and is based in Boston, Massachusetts. SAFETY INSURANCE operates under Insurance - Property Casualty classification in Germany and is traded on Frankfurt Stock Exchange. It employs 627 people.
Safety Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Safety 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 Safety 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 Safety Insurance's important profitability drivers and their relationship over time.
Use Safety 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 Safety 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 Safety Insurance will appreciate offsetting losses from the drop in the long position's value.Safety Insurance Pair Trading
Safety Insurance Group Pair Trading Analysis
The ability to find closely correlated positions to Safety 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 Safety 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 Safety 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 Safety Insurance Group to buy it.
The correlation of Safety 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 Safety Insurance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Safety 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 Safety 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 Safety Insurance position
In addition to having Safety 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 Aggressive Defence Thematic Idea Now
Aggressive Defence
Macroaxis small cap, aggressive-outlook picks designed for investors that are willing to accept higher levels of risk to hedge exposure to above-average market volatility. The Aggressive Defence theme has 50 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 Aggressive Defence Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Information and Resources on Investing in Safety Stock
When determining whether Safety Insurance is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Safety Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Safety Insurance Group Stock. Highlighted below are key reports to facilitate an investment decision about Safety Insurance Group Stock:Check out World Market Map. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
To fully project Safety Insurance's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Safety 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 Safety Insurance's income statement, its balance sheet, and the statement of cash flows.