Migdal Insurance Return On Equity vs. Market Capitalization
| MGDL Stock | ILS 465.00 9.80 2.15% |
For Migdal Insurance profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Migdal Insurance to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Migdal Insurance utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Migdal Insurance's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Migdal Insurance over time as well as its relative position and ranking within its peers.
Migdal |
Migdal Insurance Market Capitalization vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Migdal Insurance's current stock value. Our valuation model uses many indicators to compare Migdal Insurance value to that of its competitors to determine the firm's financial worth. Migdal Insurance is considered to be number one stock in return on equity category among related companies. It is considered to be number one stock in market capitalization category among related companies creating about 38,144,917,859 of Market Capitalization per Return On Equity. Comparative valuation analysis is a catch-all model that can be used if you cannot value Migdal Insurance by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Migdal 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 Migdal Insurance's earnings, one of the primary drivers of an investment's value.Migdal Market Capitalization vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Migdal Insurance |
| = | 0.12 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Migdal Insurance |
| = | 4.49 B |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Migdal Market Capitalization vs Competition
Migdal Insurance is considered to be number one stock in market capitalization category among related companies. Market capitalization of Financials industry is now estimated at about 5.52 Billion. Migdal Insurance totals roughly 4.49 Billion in market capitalization claiming about 81% of equities under Financials industry.
Migdal Insurance Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Migdal Insurance, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Migdal Insurance will eventually generate negative long term returns. The profitability progress is the general direction of Migdal Insurance's change in net profit over the period of time. It can combine multiple indicators of Migdal 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.
Migdal Insurance and Financial Holdings Ltd. provides insurance, pension and provident funds, capital market, and financial services to private and corporate clients, groups, and vehicle fleet companies in Israel. Migdal Insurance and Financial Holdings Ltd. is a subsidiary of Eliahu Insurance Company Ltd. MIGDAL INS is traded on Tel Aviv Stock Exchange in Israel.
Migdal Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Migdal 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 Migdal 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 Migdal Insurance's important profitability drivers and their relationship over time.
Use Migdal 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 Migdal 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 Migdal Insurance will appreciate offsetting losses from the drop in the long position's value.Migdal Insurance Pair Trading
Migdal Insurance Pair Trading Analysis
The ability to find closely correlated positions to Migdal 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 Migdal 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 Migdal 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 Migdal Insurance to buy it.
The correlation of Migdal 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 Migdal Insurance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Migdal 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 Migdal 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 Migdal Insurance position
In addition to having Migdal 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 Petroleum and Natural Gas Thematic Idea Now
Petroleum and Natural Gas
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Petroleum and Natural Gas theme has 61 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 Petroleum and Natural Gas Theme or any other thematic opportunities.
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Check out Correlation Analysis. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Migdal Stock analysis
When running Migdal Insurance's price analysis, check to measure Migdal 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 Migdal Insurance is operating at the current time. Most of Migdal Insurance's value examination focuses on studying past and present price action to predict the probability of Migdal 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 Migdal Insurance's price. Additionally, you may evaluate how the addition of Migdal Insurance to your portfolios can decrease your overall portfolio volatility.
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To fully project Migdal Insurance's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Migdal 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 Migdal Insurance's income statement, its balance sheet, and the statement of cash flows.