Goosehead Return On Equity from 2010 to 2024
| GSHD Stock | USD 58.63 0.42 0.71% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.25003537 | Current Value 0.26 | Quarterly Volatility 1.00543279 |
Check Goosehead Insurance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Goosehead main balance sheet or income statement drivers, such as Interest Income of 851.6 K, Depreciation And Amortization of 9.7 M or Interest Expense of 3.6 M, as well as many exotic indicators such as Price To Sales Ratio of 6.94, Dividend Yield of 0.0066 or PTB Ratio of 33.68. Goosehead financial statements analysis is a perfect complement when working with Goosehead Insurance Valuation or Volatility modules.
Goosehead | Return On Equity |
Latest Goosehead Insurance's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Goosehead Insurance over the last few years. Return on Equity is the amount of Goosehead Insurance net income returned as a percentage of Goosehead Insurance equity. Return on equity measures Goosehead Insurance profitability by revealing how much profit Goosehead Insurance 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. Goosehead Insurance's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Goosehead Insurance's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.23 | 10 Years Trend |
|
Return On Equity |
| Timeline |
Goosehead Return On Equity Regression Statistics
| Arithmetic Mean | (0.43) | |
| Geometric Mean | 0.29 | |
| Coefficient Of Variation | (231.71) | |
| Mean Deviation | 0.57 | |
| Median | (0.19) | |
| Standard Deviation | 1.01 | |
| Sample Variance | 1.01 | |
| Range | 4.1064 | |
| R-Value | (0.1) | |
| Mean Square Error | 1.08 | |
| R-Squared | 0.01 | |
| Significance | 0.72 | |
| Slope | (0.02) | |
| Total Sum of Squares | 14.15 |
Goosehead Return On Equity History
About Goosehead Insurance Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Goosehead Insurance income statement, its balance sheet, and the statement of cash flows. Goosehead Insurance investors use historical funamental indicators, such as Goosehead Insurance's Return On Equity, to determine how well the company is positioned to perform in the future. Although Goosehead Insurance investors may use each financial statement separately, they are all related. The changes in Goosehead Insurance's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Goosehead 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 Goosehead Insurance Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Goosehead Insurance. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.25 | 0.26 |
Goosehead Insurance Investors Sentiment
The influence of Goosehead Insurance's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Goosehead. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Goosehead Insurance's public news can be used to forecast risks associated with an investment in Goosehead. The trend in average sentiment can be used to explain how an investor holding Goosehead can time the market purely based on public headlines and social activities around Goosehead Insurance. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Goosehead Insurance's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Goosehead Insurance's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Goosehead Insurance's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Goosehead Insurance.
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 Goosehead Insurance 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, Goosehead Insurance's short interest history, or implied volatility extrapolated from Goosehead Insurance options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out the analysis of Goosehead Insurance Correlation against competitors. For information on how to trade Goosehead Stock refer to our How to Trade Goosehead Stock guide.Note that the Goosehead Insurance information on this page should be used as a complementary analysis to other Goosehead Insurance'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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Goosehead Stock analysis
When running Goosehead Insurance's price analysis, check to measure Goosehead 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 Goosehead Insurance is operating at the current time. Most of Goosehead Insurance's value examination focuses on studying past and present price action to predict the probability of Goosehead 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 Goosehead Insurance's price. Additionally, you may evaluate how the addition of Goosehead Insurance to your portfolios can decrease your overall portfolio volatility.
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance |
Is Goosehead Insurance'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 Goosehead Insurance. If investors know Goosehead 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 Goosehead Insurance 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 5.55 | Earnings Share 0.6 | Revenue Per Share 10.922 | Quarterly Revenue Growth 0.116 | Return On Assets 0.0581 |
The market value of Goosehead Insurance is measured differently than its book value, which is the value of Goosehead that is recorded on the company's balance sheet. Investors also form their own opinion of Goosehead Insurance's value that differs from its market value or its book value, called intrinsic value, which is Goosehead Insurance'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 Goosehead Insurance's market value can be influenced by many factors that don't directly affect Goosehead Insurance'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 Goosehead Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Goosehead Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Goosehead Insurance'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.