Anthem Financial Statements From 2010 to 2024
| ANTMDelisted Stock | USD 482.58 13.05 2.78% |
Check Anthem financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Anthem main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Anthem financial statements analysis is a perfect complement when working with Anthem Valuation or Volatility modules.
Anthem |
Anthem Inc Company Current Valuation Analysis
Anthem's 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.
Current Anthem Current Valuation | 111.21 B |
Most of Anthem's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Anthem Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionIn accordance with the recently published financial statements, Anthem Inc has a Current Valuation of 111.21 B. This is much higher than that of the Healthcare sector and significantly higher than that of the Healthcare Plans industry. The current valuation for all United States stocks is significantly lower than that of the firm.
Anthem Inc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Anthem's current stock value. Our valuation model uses many indicators to compare Anthem value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Anthem competition to find correlations between indicators driving Anthem's intrinsic value. More Info.Anthem Inc is number one stock in return on equity category among related companies. It is number one stock in return on asset category among related companies reporting about 0.33 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Anthem Inc is roughly 3.06 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Anthem by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Anthem'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 Anthem's earnings, one of the primary drivers of an investment's value.About Anthem Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Anthem income statement, its balance sheet, and the statement of cash flows. Anthem investors use historical funamental indicators, such as Anthem's revenue or net income, to determine how well the company is positioned to perform in the future. Although Anthem investors may use each financial statement separately, they are all related. The changes in Anthem's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Anthem'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 Anthem Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Anthem. Please read more on our technical analysis and fundamental analysis pages.
Anthem, Inc., through its subsidiaries, operates as a health benefits company in the United States. Anthem, Inc. was founded in 1944 and is headquartered in Indianapolis, Indiana. Anthem operates under Healthcare Plans classification in the United States and is traded on New York Stock Exchange. It employs 98200 people.
Pair Trading with Anthem
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 Anthem 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 Anthem will appreciate offsetting losses from the drop in the long position's value.Moving against Anthem Stock
| 0.63 | FSTF | First State Financial | PairCorr |
| 0.55 | HRTG | Heritage Insurance Hldgs Financial Report 2nd of May 2024 | PairCorr |
| 0.48 | PHM | PulteGroup Earnings Call This Week | PairCorr |
| 0.44 | PAUSD | Palladium | PairCorr |
| 0.41 | STRL | Sterling Construction Financial Report 6th of May 2024 | PairCorr |
The ability to find closely correlated positions to Anthem could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Anthem 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 Anthem - 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 Anthem Inc to buy it.
The correlation of Anthem 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 Anthem moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Anthem Inc 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 Anthem 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.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Other Consideration for investing in Anthem Stock
If you are still planning to invest in Anthem Inc 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 Anthem's history and understand the potential risks before investing.
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