Equitable Return on Average Equity from 2010 to 2023

Delisted . USA . 
Stock . Equitable Financial Corp
EQFNDelisted Stock  USD 12.75  0.00  0.00%   
Equitable Financial Return on Average Equity yearly trend continues to be very stable with very little volatility. Return on Average Equity is likely to grow to 0.0348 this year. During the period from 2010 to 2023, Equitable Financial Return on Average Equity quarterly data regression pattern had sample variance of 0.00011085 and median of  0.034. As of 30th of May 2023, Consolidated Income is likely to drop to about 1.3 M. In addition to that, Earning Before Interest and Taxes EBIT is likely to drop to about 2 M.
  
Check Equitable Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Equitable main balance sheet or income statement drivers, such as Consolidated Income of 1.3 M, Earning Before Interest and Taxes EBIT of 2 M or Gross Profit of 11.3 M, as well as many exotic indicators such as Asset Turnover of 0.0393, Book Value per Share of 11.43 or Debt to Equity Ratio of 5.99. Equitable financial statements analysis is a perfect complement when working with Equitable Financial Valuation or Volatility modules. It can also supplement various Equitable Financial Technical models . Check out Investing Opportunities to better understand how to build diversified portfolios.

Equitable Return on Average Equity Breakdown

Showing smoothed Return on Average Equity of Equitable Financial Corp with missing and latest data points interpolated. Return on equity measures a corporation's profitability by calculating the amount of Net Income Common Stock returned as a percentage of [EquityAvg].Equitable Financial's Return on Average Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Equitable Financial's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.12 %10 Years Trend
Slightly volatile
Compare to OthersAll Fundamentals
   Return on Average Equity   
       Timeline  

Equitable Return on Average Equity Regression Statistics

Arithmetic Mean0.04046
Geometric Mean0.039313
Coefficient Of Variation26.02
Mean Deviation0.009243
Median0.034
Standard Deviation0.010528
Sample Variance0.00011085
Range0.033
R-Value(0.73)
Mean Square Error0.00005555
R-Squared0.54
Significance0.002855
Slope(0.001845)
Total Sum of Squares0.001441

Equitable Return on Average Equity History

2023 0.0348
2022 0.0306
2016 0.034
2015 0.03
2014 0.063

About Equitable Financial Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Equitable Financial income statement, its balance sheet, and the statement of cash flows. Equitable Financial investors use historical funamental indicators, such as Equitable Financial's Return on Average Equity, to determine how well the company is positioned to perform in the future. Although Equitable Financial investors may use each financial statement separately, they are all related. The changes in Equitable Financial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Equitable Financial's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Equitable Financial Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Equitable Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2023
Return on Average Equity 0.0306  0.0348 
Average Assets274.3 M265.2 M
Average Equity41.2 M37.7 M
Invested Capital Average270.8 M258.6 M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Equitable Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Equitable Financial's short interest history, or implied volatility extrapolated from Equitable Financial options trading.

Pair Trading with Equitable Financial

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 Equitable 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 Equitable Financial will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Equitable 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 Equitable 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 Equitable 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 Equitable Financial Corp to buy it.
The correlation of Equitable Financial is a statistical measure of how it moves in relation to other equities. 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 Equitable Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Equitable 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 Equitable 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.
Pair CorrelationCorrelation Matching
Check out Investing Opportunities to better understand how to build diversified portfolios. Note that the Equitable Financial Corp information on this page should be used as a complementary analysis to other Equitable Financial's 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Other Consideration for investing in Equitable Pink Sheet

If you are still planning to invest in Equitable Financial Corp 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 Equitable Financial's history and understand the potential risks before investing.
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