Safety Return On Equity from 2010 to 2024
| SAFT Stock | USD 76.26 0.19 0.25% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.02346857 | Current Value 0.0223 | Quarterly Volatility 0.04919533 |
Check Safety Insurance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Safety Insurance's main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.1 M, Interest Expense of 588.6 K or Total Revenue of 728.9 M, as well as many indicators such as Price To Sales Ratio of 0.78, Dividend Yield of 0.0294 or PTB Ratio of 0.9. Safety financial statements analysis is a perfect complement when working with Safety Insurance Valuation or Volatility modules.
Safety | Return On Equity |
Latest Safety Insurance's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Safety Insurance Group over the last few years. Return on Equity is the amount of Safety Insurance net income returned as a percentage of Safety Insurance equity. Return on equity measures Safety Insurance profitability by revealing how much profit Safety Insurance Group generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Safety Insurance's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Safety Insurance's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.0637 | 10 Years Trend |
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Return On Equity |
| Timeline |
Safety Return On Equity Regression Statistics
| Arithmetic Mean | 0.08 | |
| Coefficient Of Variation | 63.40 | |
| Mean Deviation | 0.04 | |
| Median | 0.08 | |
| Standard Deviation | 0.05 | |
| Sample Variance | 0 | |
| Range | 0.1777 | |
| R-Value | 0.06 | |
| Mean Square Error | 0 | |
| R-Squared | 0 | |
| Significance | 0.83 | |
| Slope | 0.0007 | |
| Total Sum of Squares | 0.03 |
Safety Return On Equity History
About Safety Insurance Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Safety Insurance income statement, its balance sheet, and the statement of cash flows. Safety Insurance investors use historical funamental indicators, such as Safety Insurance's Return On Equity, to determine how well the company is positioned to perform in the future. Although Safety Insurance investors may use each financial statement separately, they are all related. The changes in Safety Insurance's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Safety Insurance'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 Safety Insurance Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Safety Insurance. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.02 | 0.02 |
Pair Trading with Safety Insurance
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 Safety Insurance 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 Safety Insurance will appreciate offsetting losses from the drop in the long position's value.Moving together with Safety Stock
The ability to find closely correlated positions to Safety Insurance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Safety Insurance 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 Safety Insurance - 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 Safety Insurance Group to buy it.
The correlation of Safety Insurance 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 Safety Insurance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Safety Insurance 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 Safety Insurance 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.Additional Tools for Safety Stock Analysis
When running Safety Insurance's price analysis, check to measure Safety Insurance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Safety Insurance is operating at the current time. Most of Safety Insurance's value examination focuses on studying past and present price action to predict the probability of Safety Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Safety Insurance's price. Additionally, you may evaluate how the addition of Safety Insurance to your portfolios can decrease your overall portfolio volatility.