Enact Holdings Etf Performance
| ACT Etf | USD 29.43 0.16 0.54% |
The etf shows a Beta (market volatility) of 0.9, which means possible diversification benefits within a given portfolio. Enact Holdings returns are very sensitive to returns on the market. As the market goes up or down, Enact Holdings is expected to follow.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Enact Holdings are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively unfluctuating fundamental indicators, Enact Holdings may actually be approaching a critical reversion point that can send shares even higher in May 2024. ...more
Forward Dividend Yield 0.0217 | Payout Ratio 0.3437 | Forward Dividend Rate 0.64 | Dividend Date 2024-03-13 | Ex Dividend Date 2024-02-27 |
1 | Acquisition by Hardin Mitchell of 17954 shares of Enact Holdings subject to Rule 16b-3 | 02/16/2024 |
2 | Acquisition by Rohit Gupta of 10000 shares of Enact Holdings at 26.969 subject to Rule 16b-3 | 02/23/2024 |
3 | Reasons Why Assurant Stock is an Attractive Pick Now | 03/01/2024 |
4 | Genworth Releases Cost of Care Survey Results for 2023 Twenty Years of Tracking Long-Term Care Costs | 03/12/2024 |
| Enact Holdings dividend paid on 13th of March 2024 | 03/13/2024 |
5 | National magazine takes on the case against Yimby housing policies | 03/18/2024 |
6 | Enact Releases 2023 Environmental, Social, and Governance Report | 03/20/2024 |
7 | Tracing the peaks of Carol Dodas topless legend | 03/21/2024 |
8 | Disposition of 274903 shares by Genworth Holdings, Inc. of Enact Holdings at 28.8978 subject to Rule 16b-3 | 03/28/2024 |
9 | MGIC Investment Up 62.6 percent in a Year More Room to Run | 04/02/2024 |
10 | Genworth Financial Schedules Earnings Conference Call for May 2 | 04/04/2024 |
| Enact Holdings dividend paid on 5th of April 2024 | 04/05/2024 |
11 | Heres Why You Should Retain PRA Group Stock for Now | 04/08/2024 |
12 | Comvest Credit Partners Provides Financing to ACT Entertainment to Support Expansion Strategy | 04/10/2024 |
13 | For actor John-Andrew Morrison, A Strange Loop is a brilliant, emotional rollercoaster | 04/15/2024 |
| Begin Period Cash Flow | 513.8 M | |
| Free Cash Flow | 632 M |
Enact |
Enact Holdings Relative Risk vs. Return Landscape
If you would invest 2,765 in Enact Holdings on January 17, 2024 and sell it today you would earn a total of 178.00 from holding Enact Holdings or generate 6.44% return on investment over 90 days. Enact Holdings is generating 0.1087% of daily returns assuming volatility of 1.2746% on return distribution over 90 days investment horizon. In other words, 11% of etfs are less volatile than Enact, and above 98% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Enact Holdings Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Enact Holdings' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Enact Holdings, and traders can use it to determine the average amount a Enact Holdings' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0853
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Estimated Market Risk
| 1.27 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Enact Holdings is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Enact Holdings by adding it to a well-diversified portfolio.
Enact Holdings Fundamentals Growth
Enact Etf prices reflect investors' perceptions of the future prospects and financial health of Enact Holdings, and Enact Holdings fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Enact Etf performance.
| Return On Equity | 0.15 | ||||
| Return On Asset | 0.0949 | ||||
| Profit Margin | 0.58 % | ||||
| Operating Margin | 0.72 % | ||||
| Current Valuation | 4.81 B | ||||
| Shares Outstanding | 158 M | ||||
| Price To Earning | 5.66 X | ||||
| Price To Book | 1.01 X | ||||
| Price To Sales | 4.05 X | ||||
| Revenue | 1.15 B | ||||
| EBITDA | 949.92 M | ||||
| Cash And Equivalents | 538.21 M | ||||
| Cash Per Share | 3.31 X | ||||
| Total Debt | 758.95 M | ||||
| Debt To Equity | 0.18 % | ||||
| Book Value Per Share | 29.07 X | ||||
| Cash Flow From Operations | 632.04 M | ||||
| Earnings Per Share | 4.11 X | ||||
| Total Asset | 6.22 B | ||||
| Retained Earnings | 2.55 B | ||||
| Current Asset | 11.02 B | ||||
| Current Liabilities | 7.66 B | ||||
About Enact Holdings Performance
To evaluate Enact Holdings Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Enact Holdings generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Enact Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Enact Holdings market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Enact's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Enact Holdings, Inc. operates as a private mortgage insurance company in the United States. Enact Holdings is listed under InsuranceSpecialty in the United States and is traded on NASDAQ Exchange exchange.| The company has 758.95 M in debt with debt to equity (D/E) ratio of 0.18, which may show that the company is not taking advantage of profits from borrowing. Enact Holdings has a current ratio of 0.83, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Enact Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, Enact Holdings' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Enact Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Enact to invest in growth at high rates of return. When we think about Enact Holdings' use of debt, we should always consider it together with cash and equity. | |
| About 82.0% of Enact Holdings shares are held by company insiders | |
| On 5th of April 2024 Enact Holdings paid $ 0.23 per share dividend to its current shareholders | |
| Latest headline from 48hills.org: For actor John-Andrew Morrison, A Strange Loop is a brilliant, emotional rollercoaster | |
| The fund holds 99.42% of its assets under management (AUM) in equities |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Enact Holdings. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy Enact Etf please use our How to Invest in Enact Holdings guide.Note that the Enact Holdings information on this page should be used as a complementary analysis to other Enact Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
The market value of Enact Holdings is measured differently than its book value, which is the value of Enact that is recorded on the company's balance sheet. Investors also form their own opinion of Enact Holdings' value that differs from its market value or its book value, called intrinsic value, which is Enact Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Enact Holdings' market value can be influenced by many factors that don't directly affect Enact Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Enact Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Enact Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enact Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.