Globe Life Total Asset vs. Net Income
| GL-PD Preferred Stock | USD 16.58 0.28 1.72% |
For Globe Life profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Globe Life to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Globe Life 425 utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Globe Life's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Globe Life 425 over time as well as its relative position and ranking within its peers.
Globe |
Globe Life 425 Net Income vs. Total Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Globe Life's current stock value. Our valuation model uses many indicators to compare Globe Life value to that of its competitors to determine the firm's financial worth. Globe Life 425 is one of the top stocks in total asset category among its peers. It is rated # 2 in net income category among its peers making up about 0.03 of Net Income per Total Asset. The ratio of Total Asset to Net Income for Globe Life 425 is roughly 30.06 . 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 Globe Life's earnings, one of the primary drivers of an investment's value.Globe Net Income vs. Total Asset
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Globe Life |
| = | 22.23 B |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
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.
Globe Life |
| = | 739.7 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.
Globe Net Income Comparison
Globe Life is currently under evaluation in net income category among its peers.
Globe Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Globe Life. 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 Globe Life 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 Globe Life's important profitability drivers and their relationship over time.
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Use Globe Life 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 Globe Life 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 Globe Life will appreciate offsetting losses from the drop in the long position's value.Globe Life Pair Trading
Globe Life 425 Pair Trading Analysis
The ability to find closely correlated positions to Globe Life could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Globe Life 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 Globe Life - 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 Globe Life 425 to buy it.
The correlation of Globe Life 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 Globe Life moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Globe Life 425 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 Globe Life 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 Globe Life position
In addition to having Globe Life 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 Single Stock ETFs Thematic Idea Now
Single Stock ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Single Stock ETFs theme has 100 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 Single Stock ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Globe Preferred Stock
To fully project Globe Life's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Globe Life 425 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 Globe Life's income statement, its balance sheet, and the statement of cash flows.