Donegal Group A Stock Return On Equity
| DGICA Stock | USD 13.55 0.02 0.15% |
Donegal Group A fundamentals help investors to digest information that contributes to Donegal Group's financial success or failures. It also enables traders to predict the movement of Donegal Stock. The fundamental analysis module provides a way to measure Donegal Group's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Donegal Group stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.01 | 0.01 |
Donegal | Return On Equity |
Donegal Group A Company Return On Equity Analysis
Donegal Group's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Donegal Group Return On Equity | 0.0106 |
Most of Donegal Group's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Donegal Group A is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Donegal Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Donegal Group is extremely important. It helps to project a fair market value of Donegal Stock properly, considering its historical fundamentals such as Return On Equity. Since Donegal Group's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Donegal Group's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Donegal Group's interrelated accounts and indicators.
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Donegal Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Donegal Group A has a Return On Equity of 0.0106. This is 99.27% lower than that of the Insurance sector and significantly higher than that of the Financials industry. The return on equity for all United States stocks is 103.42% lower than that of the firm.
Donegal Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Donegal Group's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Donegal Group could also be used in its relative valuation, which is a method of valuing Donegal Group by comparing valuation metrics of similar companies.Donegal Group is currently under evaluation in return on equity category among related companies.
Donegal Fundamentals
| Return On Equity | 0.0106 | ||||
| Return On Asset | 0.0018 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | 0.03 % | ||||
| Current Valuation | 448.82 M | ||||
| Shares Outstanding | 27.82 M | ||||
| Shares Owned By Insiders | 1.39 % | ||||
| Shares Owned By Institutions | 77.75 % | ||||
| Number Of Shares Shorted | 204.28 K | ||||
| Price To Earning | 7.47 X | ||||
| Price To Book | 0.93 X | ||||
| Price To Sales | 0.48 X | ||||
| Revenue | 927.34 M | ||||
| Gross Profit | (1.77 M) | ||||
| EBITDA | 4.33 M | ||||
| Net Income | 4.43 M | ||||
| Cash And Equivalents | 63.32 M | ||||
| Cash Per Share | 1.96 X | ||||
| Total Debt | 35 M | ||||
| Debt To Equity | 0.07 % | ||||
| Current Ratio | 0.50 X | ||||
| Book Value Per Share | 14.49 X | ||||
| Cash Flow From Operations | 28.62 M | ||||
| Short Ratio | 2.56 X | ||||
| Earnings Per Share | 0.16 X | ||||
| Price To Earnings To Growth | 3.06 X | ||||
| Target Price | 14.0 | ||||
| Beta | -0.09 | ||||
| Market Capitalization | 448.3 M | ||||
| Total Asset | 1.68 B | ||||
| Retained Earnings | 217.79 M | ||||
| Annual Yield | 0.05 % | ||||
| Five Year Return | 4.08 % | ||||
| Net Asset | 1.68 B | ||||
| Last Dividend Paid | 0.66 |
About Donegal Group Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Donegal Group A's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Donegal Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Donegal Group A based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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 Donegal Group 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, Donegal Group's short interest history, or implied volatility extrapolated from Donegal Group options trading.
Pair Trading with Donegal Group
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 Donegal Group 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 Donegal Group will appreciate offsetting losses from the drop in the long position's value.Moving against Donegal Stock
| 0.73 | PGR | Progressive Corp Financial Report 11th of July 2024 | PairCorr |
| 0.72 | HCI | HCI Group Financial Report 14th of May 2024 | PairCorr |
| 0.67 | DOMA | Doma Holdings | PairCorr |
| 0.62 | AFG | American Financial | PairCorr |
| 0.62 | MCY | Mercury General Normal Trading | PairCorr |
The ability to find closely correlated positions to Donegal Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Donegal Group 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 Donegal Group - 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 Donegal Group A to buy it.
The correlation of Donegal Group 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 Donegal Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Donegal Group A 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 Donegal Group 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 Donegal Group Piotroski F Score and Donegal Group Altman Z Score analysis. Note that the Donegal Group A information on this page should be used as a complementary analysis to other Donegal Group's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Donegal Stock analysis
When running Donegal Group's price analysis, check to measure Donegal Group'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 Donegal Group is operating at the current time. Most of Donegal Group's value examination focuses on studying past and present price action to predict the probability of Donegal Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Donegal Group's price. Additionally, you may evaluate how the addition of Donegal Group to your portfolios can decrease your overall portfolio volatility.
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Is Donegal Group's 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 Donegal Group. If investors know Donegal 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 Donegal Group 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 0.128 | Dividend Share 0.663 | Earnings Share 0.16 | Revenue Per Share 28.425 | Quarterly Revenue Growth 0.073 |
The market value of Donegal Group A is measured differently than its book value, which is the value of Donegal that is recorded on the company's balance sheet. Investors also form their own opinion of Donegal Group's value that differs from its market value or its book value, called intrinsic value, which is Donegal Group's 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 Donegal Group's market value can be influenced by many factors that don't directly affect Donegal Group's 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 Donegal Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Donegal Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Donegal Group's 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.