Quaint Financial Statements From 2010 to 2024
| QNTO Stock | USD 11.00 0.04 0.36% |
Check Quaint Oak financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Quaint Oak's main balance sheet or income statement drivers, such as , as well as many indicators such as . Quaint financial statements analysis is a perfect complement when working with Quaint Oak Valuation or Volatility modules.
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Quaint Oak Bancorp OTC Stock Return On Equity Analysis
Quaint Oak's 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.
Current Quaint Oak Return On Equity | 0.24 |
Most of Quaint Oak's fundamental indicators, such as Return On Equity, 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, Quaint Oak Bancorp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
Based on the latest financial disclosure, Quaint Oak Bancorp has a Return On Equity of 0.2398. This is 83.46% lower than that of the Thrifts & Mortgage Finance sector and significantly higher than that of the Financials industry. The return on equity for all United States stocks is 177.35% lower than that of the firm.
Quaint Oak Bancorp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Quaint Oak's current stock value. Our valuation model uses many indicators to compare Quaint Oak value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Quaint Oak competition to find correlations between indicators driving Quaint Oak's intrinsic value. More Info.Quaint Oak Bancorp is rated third in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.06 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Quaint Oak Bancorp is roughly 15.67 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Quaint Oak by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Quaint Oak's OTC 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.About Quaint Oak Financial Statements
Quaint Oak investors utilize fundamental indicators, such as revenue or net income, to predict how Quaint OTC Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Quaint Oak Bancorp, Inc., through its subsidiary Quaint Oak Bank that operates as a chartered stock savings bank. The company was incorporated in 1926 and is headquartered in Southampton, Pennsylvania. Quaint Oak operates under BanksRegional classification in the United States and is traded on OTC Exchange. It employs 114 people.
Pair Trading with Quaint Oak
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 Quaint Oak 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 Quaint Oak will appreciate offsetting losses from the drop in the long position's value.Moving together with Quaint OTC Stock
Moving against Quaint OTC Stock
| 0.91 | EC | Ecopetrol SA ADR | PairCorr |
| 0.85 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
| 0.72 | PKX | POSCO Holdings | PairCorr |
| 0.67 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
| 0.57 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
The ability to find closely correlated positions to Quaint Oak could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Quaint Oak 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 Quaint Oak - 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 Quaint Oak Bancorp to buy it.
The correlation of Quaint Oak 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 Quaint Oak moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Quaint Oak Bancorp 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 Quaint Oak 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.Other Information on Investing in Quaint OTC Stock
Quaint Oak financial ratios help investors to determine whether Quaint OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Quaint with respect to the benefits of owning Quaint Oak security.