Harel Insurance Gross Profit vs. Net Income
| HARL Stock | ILS 3,368 81.00 2.35% |
For Harel Insurance profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Harel Insurance to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Harel Insurance Investments utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Harel Insurance's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Harel Insurance Investments over time as well as its relative position and ranking within its peers.
Harel |
Harel Insurance Inve Net Income vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Harel Insurance's current stock value. Our valuation model uses many indicators to compare Harel Insurance value to that of its competitors to determine the firm's financial worth. Harel Insurance Investments is one of the top stocks in gross profit category among related companies. It is one of the top stocks in net income category among related companies making up about 0.41 of Net Income per Gross Profit. The ratio of Gross Profit to Net Income for Harel Insurance Investments is roughly 2.44 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Harel Insurance by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Harel Insurance's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Harel Insurance's earnings, one of the primary drivers of an investment's value.Harel Net Income vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Harel Insurance |
| = | 2.94 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Harel Insurance |
| = | 1.21 B |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Harel Net Income Comparison
Harel Insurance is currently under evaluation in net income category among related companies.
Harel Insurance Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Harel Insurance, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Harel Insurance will eventually generate negative long term returns. The profitability progress is the general direction of Harel Insurance's change in net profit over the period of time. It can combine multiple indicators of Harel 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.
Harel Insurance Investments Financial Services Ltd. provides insurance and financial services in Israel and internationally. The company was founded in 1933 and is based in Ramat Gan, Israel. HAREL INS is traded on Tel Aviv Stock Exchange in Israel.
Harel Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Harel 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 Harel 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 Harel Insurance's important profitability drivers and their relationship over time.
Use Harel 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 Harel 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 Harel Insurance will appreciate offsetting losses from the drop in the long position's value.Harel Insurance Pair Trading
Harel Insurance Investments Pair Trading Analysis
The ability to find closely correlated positions to Harel 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 Harel 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 Harel 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 Harel Insurance Investments to buy it.
The correlation of Harel 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 Harel Insurance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Harel Insurance Inve 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 Harel 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 Harel Insurance position
In addition to having Harel 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 Baby Boomer Prospects Thematic Idea Now
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Equities with large market capitalization that account for significant contribution to overall economic growth especially within dividend-paying instruments and stocks from healthcare and financial sectors. The Baby Boomer Prospects theme has 99 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 Baby Boomer Prospects Theme or any other thematic opportunities.
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When running Harel Insurance's price analysis, check to measure Harel Insurance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Harel Insurance is operating at the current time. Most of Harel Insurance's value examination focuses on studying past and present price action to predict the probability of Harel Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Harel Insurance's price. Additionally, you may evaluate how the addition of Harel Insurance to your portfolios can decrease your overall portfolio volatility.
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To fully project Harel Insurance's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Harel Insurance Inve 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 Harel Insurance's income statement, its balance sheet, and the statement of cash flows.