American National Net Income vs. Beta
| ANG-PB Stock | 24.91 0.07 0.28% |
Net Income | First Reported 2010-12-31 | Previous Quarter 210.5 M | Current Value 200 M | Quarterly Volatility 378.5 M |
For American National profitability analysis, we use financial ratios and fundamental drivers that measure the ability of American National to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well American National Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between American National's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of American National Group over time as well as its relative position and ranking within its peers.
American |
American National Beta vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining American National's current stock value. Our valuation model uses many indicators to compare American National value to that of its competitors to determine the firm's financial worth. American National Group is number one stock in net income category among its peers. It also is number one stock in beta category among its peers . The ratio of Net Income to Beta for American National Group is about 257,371,638 . At present, American National's Net Income is projected to decrease significantly based on the last few years of reporting. 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 American National's earnings, one of the primary drivers of an investment's value.American Beta vs. Net Income
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.
American National |
| = | 210.53 M |
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.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
American National |
| = | 0.82 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
American Beta Comparison
American National is currently under evaluation in beta category among its peers.
Beta Analysis
As returns on the market increase, American National's returns are expected to increase less than the market. However, during the bear market, the loss of holding American National is expected to be smaller as well.
American National Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in American National, profitability is also one of the essential criteria for including it into their portfolios because, without profit, American National will eventually generate negative long term returns. The profitability progress is the general direction of American National's change in net profit over the period of time. It can combine multiple indicators of American National, 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.
| Last Reported | Projected for Next Year | ||
| Interest Income | 1.2 B | 1 B | |
| Net Interest Income | -51.2 M | -53.8 M | |
| Net Income From Continuing Ops | 211.9 M | 201.3 M | |
| Income Before Tax | 297.1 M | 282.2 M | |
| Total Other Income Expense Net | 368.9 M | 311.7 M | |
| Net Income | 210.5 M | 200 M |
American Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on American National. 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 American National 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 American National's important profitability drivers and their relationship over time.
Use American National 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 American National 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 American National will appreciate offsetting losses from the drop in the long position's value.American National Pair Trading
American National Group Pair Trading Analysis
The ability to find closely correlated positions to American National could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American National 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 American National - 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 American National Group to buy it.
The correlation of American National 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 American National moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American National 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 American National 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 American National position
In addition to having American National 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 Trading Thematic Idea Now
Trading
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Trading 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 Trading Theme or any other thematic opportunities.
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Other Information on Investing in American Stock
To fully project American National's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of American National 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 American National's income statement, its balance sheet, and the statement of cash flows.