Employers Capital Stock vs Long Term Investments Analysis
EIG Stock | USD 42.49 0.82 1.89% |
Employers Holdings financial indicator trend analysis is much more than just examining Employers Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Employers Holdings is a good investment. Please check the relationship between Employers Holdings Capital Stock and its Long Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Employers Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Employers Stock please use our How to Invest in Employers Holdings guide.
Capital Stock vs Long Term Investments
Capital Stock vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Employers Holdings Capital Stock account and Long Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Employers Holdings' Capital Stock and Long Term Investments is 0.1. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Employers Holdings, assuming nothing else is changed. The correlation between historical values of Employers Holdings' Capital Stock and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Employers Holdings are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Capital Stock i.e., Employers Holdings' Capital Stock and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.1 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Capital Stock
The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.Long Term Investments
Long Term Investments is an item on the asset side of Employers Holdings balance sheet that represents investments Employers Holdings intends to hold for over a year. Employers Holdings long term investments may include different instruments such as stocks, bonds, real estate and cash.Most indicators from Employers Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Employers Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Employers Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Employers Stock please use our How to Invest in Employers Holdings guide.At this time, Employers Holdings' Enterprise Value Over EBITDA is most likely to increase significantly in the upcoming years. The Employers Holdings' current Enterprise Value Multiple is estimated to increase to 39.97, while Tax Provision is projected to decrease to roughly 21 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 500K | 3.5M | 3.2M | 3.3M | Tax Provision | 27.7M | 7.4M | 26.6M | 21.0M |
Employers Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Employers Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Employers Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.0B | 3.9B | 3.8B | 3.7B | 3.1B | 3.9B | |
Total Stockholder Equity | 1.2B | 1.2B | 1.2B | 944.2M | 1.0B | 666.2M | |
Net Debt | (137.1M) | (140.4M) | (58.5M) | 93.3M | (220.5M) | (209.5M) | |
Cash | 154.9M | 160.4M | 75.1M | 89.2M | 226.6M | 237.9M | |
Other Assets | 173.8M | 178.7M | 178.9M | 154.9M | 139.4M | 146.4M | |
Cash And Short Term Investments | 154.9M | 187M | 85.6M | 208.3M | 913.2M | 790.2M | |
Common Stock Shares Outstanding | 32.5M | 30.2M | 28.6M | 27.7M | 26.5M | 31.4M | |
Liabilities And Stockholders Equity | 4.0B | 3.9B | 3.8B | 3.7B | 3.1B | 3.9B | |
Other Stockholder Equity | (455.3M) | (555.1M) | (597.3M) | (627.7M) | (285M) | (270.8M) | |
Total Liab | 2.8B | 2.7B | 2.6B | 2.8B | 2.1B | 2.3B | |
Total Current Assets | 993.5M | 936.7M | 828M | 979.4M | 657.8M | 624.9M | |
Other Current Liab | (29.8M) | (22.9M) | (24.1M) | (66.2M) | 1.4B | 1.4B | |
Other Liab | 506.4M | 2.3B | 2.2B | 452.6M | 520.5M | 494.5M | |
Retained Earnings | 1.2B | 1.2B | 1.3B | 1.3B | 1.4B | 711.2M | |
Accounts Payable | 37.1M | 29.8M | 22.9M | 28.7M | 26.1M | 25.3M | |
Short Term Investments | 184.3M | 26.6M | 10.5M | 119.1M | 41.3M | 39.2M | |
Property Plant Equipment | 21.9M | 19.1M | 14.7M | 12M | 13.8M | 16.9M | |
Total Current Liabilities | 29.8M | 22.9M | 24.1M | 28.7M | 1.5B | 1.4B | |
Property Plant And Equipment Net | 37.8M | 36.5M | 28.9M | 23.5M | 11.6M | 20.8M | |
Non Current Assets Total | 2.8B | 2.8B | 2.8B | 2.6B | 2.5B | 2.4B | |
Non Currrent Assets Other | (55M) | (15.5M) | (7.7M) | (62.7M) | 2.3B | 2.5B | |
Net Receivables | 838.6M | 749.7M | 742.4M | 771.1M | 807.4M | 656.2M | |
Property Plant And Equipment Gross | 13.9M | 18.2M | 37.8M | 36.5M | 42.0M | 44.1M | |
Accumulated Other Comprehensive Income | 65.3M | 115.1M | 60.6M | (138.9M) | (86M) | (81.7M) | |
Non Current Liabilities Total | 154.9M | 160.9M | 138.7M | 28.7M | 670.9M | 637.4M | |
Other Current Assets | 642M | 576.8M | 457.7M | 616M | 657.8M | 690.7M | |
Treasury Stock | (455.3M) | (555.1M) | (597.3M) | (627.7M) | (564.9M) | (593.2M) | |
Common Stock | 389.4M | 397M | 404.9M | 411.3M | 415.2M | 570K | |
Short Term Debt | 5M | 4.3M | 3.4M | 3.5M | 1.8M | 1.7M | |
Intangible Assets | 7.9M | 7.7M | 13.5M | 13.6M | 12.2M | 11.2M | |
Net Tangible Assets | 1.1B | 1.2B | 1.2B | 894.4M | 1.0B | 869.4M | |
Retained Earnings Total Equity | 1.2B | 1.2B | 1.3B | 1.3B | 1.5B | 896.4M | |
Long Term Debt Total | 23M | 24.3M | 22.1M | 200K | 180K | 171K | |
Capital Surpluse | 396.4M | 404.3M | 410.7M | 414.6M | 476.8M | 403.5M | |
Deferred Long Term Liab | 137.1M | 140.9M | 122.1M | 106.1M | 95.5M | 162.7M | |
Long Term Investments | 2.8B | 2.8B | 2.8B | 2.6B | 2.2B | 2.7B | |
Non Current Liabilities Other | 2.7B | 2.5B | 2.4B | 2.6B | 3.0B | 2.9B |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Employers Holdings in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Employers Holdings' short interest history, or implied volatility extrapolated from Employers Holdings options trading.
Pair Trading with Employers Holdings
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 Employers Holdings 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 Employers Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with Employers Stock
0.61 | AIZ | Assurant | PairCorr |
Moving against Employers Stock
0.46 | DHIL | Diamond Hill Investment | PairCorr |
The ability to find closely correlated positions to Employers Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Employers Holdings 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 Employers Holdings - 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 Employers Holdings to buy it.
The correlation of Employers Holdings 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 Employers Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Employers Holdings 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 Employers Holdings 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Employers Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Employers Stock please use our How to Invest in Employers Holdings guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Employers Stock analysis
When running Employers Holdings' price analysis, check to measure Employers Holdings' 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 Employers Holdings is operating at the current time. Most of Employers Holdings' value examination focuses on studying past and present price action to predict the probability of Employers Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Employers Holdings' price. Additionally, you may evaluate how the addition of Employers Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Employers Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Employers Holdings. If investors know Employers will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Employers Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.291 | Dividend Share 1.12 | Earnings Share 4.7 | Revenue Per Share 33.48 | Quarterly Revenue Growth 0.08 |
The market value of Employers Holdings is measured differently than its book value, which is the value of Employers that is recorded on the company's balance sheet. Investors also form their own opinion of Employers Holdings' value that differs from its market value or its book value, called intrinsic value, which is Employers Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Employers Holdings' market value can be influenced by many factors that don't directly affect Employers Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Employers Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Employers Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Employers Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.