Abacus Competitors
| ABL Stock | 8.75 0.53 6.45% |
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Abacus Life Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Abacus Life and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Abacus and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Abacus Life does not affect the price movement of the other competitor.
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Risk-Adjusted Indicators
There is a big difference between Abacus Stock performing well and Abacus Life Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Abacus Life's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FG | 1.98 | (0.18) | 0.05 | 0.09 | 2.28 | 3.85 | 21.12 | |||
| GL | 1.15 | 0.09 | 0.06 | 0.22 | 1.49 | 2.12 | 8.50 | |||
| MET-PA | 0.43 | 0.04 | (0.18) | 1.04 | 0.48 | 0.95 | 2.81 | |||
| MET-PE | 0.40 | (0.02) | (0.27) | 0.01 | 0.48 | 0.81 | 2.31 | |||
| MET-PF | 0.61 | 0.04 | (0.12) | 2.79 | 0.77 | 1.12 | 4.96 | |||
| AFL | 0.83 | 0.01 | (0.01) | 0.16 | 1.26 | 1.95 | 6.98 | |||
| BHF | 1.40 | 0.04 | 0.10 | 0.16 | 1.58 | 3.06 | 15.28 | |||
| CIA | 3.48 | 0.85 | 0.14 | (13.19) | 4.36 | 8.63 | 34.37 | |||
| CNO | 1.37 | 0.07 | 0.14 | 0.18 | 1.18 | 3.01 | 13.72 |
Cross Equities Net Income Analysis
Compare Abacus Life and related stocks such as FG Annuities Life, Globe Life, and MetLife Preferred Stock Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GL | 165.1 M | 517.9 M | 529.3 M | 528.5 M | 542.9 M | 527.1 M | 550 M | 1.5 B | 701 M | 760.8 M | 731.8 M | 745 M | 739.7 M | 970.8 M | 501.9 M |
| BHF | 1 B | 1 B | 1 B | 1 B | 1.2 B | 1.1 B | (2.9 B) | (378 M) | 865 M | (735 M) | (1.1 B) | (103 M) | 10 M | (1.1 B) | (1.1 B) |
| CNO | (1.2 B) | 382.5 M | 221 M | 478 M | 51.4 M | 270.7 M | 358.2 M | 175.6 M | (315 M) | 409.4 M | 301.8 M | 441 M | 396.8 M | 276.5 M | 290.3 M |
Abacus Life and related stocks such as FG Annuities Life, Globe Life, and MetLife Preferred Stock Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Abacus Life financial statement analysis. It represents the amount of money remaining after all of Abacus Life operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Abacus Life Competitive Analysis
The better you understand Abacus Life competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Abacus Life's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Abacus Life's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Abacus Life Competition Performance Charts
Five steps to successful analysis of Abacus Life Competition
Abacus Life's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Abacus Life in relation to its competition. Abacus Life's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Abacus Life in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Abacus Life's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Abacus Life, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your Abacus Life position
In addition to having Abacus 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 Banks Thematic Idea Now
Banks
Large and small money and credit banks and credit services. The Banks theme has 40 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 Banks Theme or any other thematic opportunities.
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Check out Abacus Life Correlation with its peers. For more information on how to buy Abacus Stock please use our How to buy in Abacus Stock guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Insurance Brokers space 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 Abacus Life. If investors know Abacus 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 Abacus Life 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 (0.92) | Earnings Share (0.14) | Revenue Per Share 1.507 | Quarterly Revenue Growth 1.555 | Return On Assets 0.0311 |
The market value of Abacus Life is measured differently than its book value, which is the value of Abacus that is recorded on the company's balance sheet. Investors also form their own opinion of Abacus Life's value that differs from its market value or its book value, called intrinsic value, which is Abacus Life'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 Abacus Life's market value can be influenced by many factors that don't directly affect Abacus Life'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 Abacus Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Abacus Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Abacus Life'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.