Equitable Financials
| EQB Stock | CAD 111.80 0.70 0.62% |
Equitable |
Understanding current and past Equitable Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Equitable's financial statements are interrelated, with each one affecting the others. For example, an increase in Equitable's assets may result in an increase in income on the income statement.
Equitable Stock Summary
Equitable competes with Goeasy, Canadian Western, TFI International, and Intact Financial. Equitable Group Inc., through its subsidiary, Equitable Bank, provides various financial services to retail and commercial customers in Canada. Equitable Group Inc. was founded in 1970 and is headquartered in Toronto, Canada. EQUITABLE GROUP operates under Mortgage Finance classification in Canada and is traded on Toronto Stock Exchange. It employs 882 people.| Foreign Associate | USA |
Specialization | Financial Services, Banks - Regional |
| Instrument | Canada Stock View All |
| Exchange | Toronto Exchange |
| ISIN | CA26886R1047 |
| Business Address | Equitable Bank Tower, |
| Sector | Banks |
| Industry | Financials |
| Benchmark | Dow Jones Industrial |
| Website | eqb.investorroom.com |
| Phone | 416 515 7000 |
| Currency | CAD - Canadian Dollar |
You should never invest in Equitable without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Equitable Stock, because this is throwing your money away. Analyzing the key information contained in Equitable's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Equitable Key Financial Ratios
Equitable's financial ratios allow both analysts and investors to convert raw data from Equitable's financial statements into concise, actionable information that can be used to evaluate the performance of Equitable over time and compare it to other companies across industries.| Return On Equity | 0.15 | ||||
| Return On Asset | 0.0076 | ||||
| Target Price | 121.0 | ||||
| Beta | 1.6 | ||||
| Last Dividend Paid | 1.32 |
Equitable Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Equitable's current stock value. Our valuation model uses many indicators to compare Equitable value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Equitable competition to find correlations between indicators driving Equitable's intrinsic value. More Info.Equitable Group is rated # 3 in return on equity category among its peers. It is rated # 4 in return on asset category among its peers reporting about 0.05 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Equitable Group is roughly 19.34 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Equitable by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Equitable'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.Equitable Group Systematic Risk
Equitable's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Equitable volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on Equitable Group correlated with the market. If Beta is less than 0 Equitable generally moves in the opposite direction as compared to the market. If Equitable Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Equitable Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Equitable is generally in the same direction as the market. If Beta > 1 Equitable moves generally in the same direction as, but more than the movement of the benchmark.
Equitable December 3, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Equitable help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Equitable Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Equitable Group based on widely used predictive technical indicators. In general, we focus on analyzing Equitable Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Equitable's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.05 | |||
| Information Ratio | 0.1269 | |||
| Maximum Drawdown | 5.7 | |||
| Value At Risk | (1.47) | |||
| Potential Upside | 2.28 |
Other Information on Investing in Equitable Stock
Equitable financial ratios help investors to determine whether Equitable 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 Equitable with respect to the benefits of owning Equitable security.