Kinsale Capital Group Stock Market Value
| KNSL Stock | USD 458.59 5.77 1.24% |
| Symbol | Kinsale |
Kinsale Capital Group Price To Book Ratio
Is Kinsale Capital'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 Kinsale Capital. If investors know Kinsale 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 Kinsale Capital 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 0.531 | Dividend Share 0.56 | Earnings Share 13.23 | Revenue Per Share 53.133 | Quarterly Revenue Growth 0.415 |
The market value of Kinsale Capital Group is measured differently than its book value, which is the value of Kinsale that is recorded on the company's balance sheet. Investors also form their own opinion of Kinsale Capital's value that differs from its market value or its book value, called intrinsic value, which is Kinsale Capital'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 Kinsale Capital's market value can be influenced by many factors that don't directly affect Kinsale Capital'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 Kinsale Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kinsale Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kinsale Capital'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.
Kinsale Capital 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Kinsale Capital's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Kinsale Capital.
| 10/27/2023 |
| 04/24/2024 |
If you would invest 0.00 in Kinsale Capital on October 27, 2023 and sell it all today you would earn a total of 0.00 from holding Kinsale Capital Group or generate 0.0% return on investment in Kinsale Capital over 180 days. Kinsale Capital is related to or competes with Selective Insurance, Horace Mann, Kemper, ProAssurance, CNA Financial, Allstate, and Chubb. Kinsale Capital Group, Inc., a specialty insurance company, provides property and casualty insurance products in the Uni... More
Kinsale Capital Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Kinsale Capital's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Kinsale Capital Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.33 | |||
| Information Ratio | 0.0636 | |||
| Maximum Drawdown | 24.16 | |||
| Value At Risk | (3.14) | |||
| Potential Upside | 2.65 |
Kinsale Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kinsale Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kinsale Capital's standard deviation. In reality, there are many statistical measures that can use Kinsale Capital historical prices to predict the future Kinsale Capital's volatility.| Risk Adjusted Performance | 0.0696 | |||
| Jensen Alpha | 0.183 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.073 | |||
| Treynor Ratio | 0.3007 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kinsale Capital's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Kinsale Capital Group Backtested Returns
Kinsale Capital appears to be very steady, given 3 months investment horizon. Kinsale Capital Group has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Kinsale Capital, which you can use to evaluate the volatility of the firm. Please exercise Kinsale Capital's Downside Deviation of 2.33, risk adjusted performance of 0.0696, and Mean Deviation of 1.52 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Kinsale Capital holds a performance score of 8. The company secures a Beta (Market Risk) of 0.85, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Kinsale Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kinsale Capital is expected to be smaller as well. Please check Kinsale Capital's expected short fall, and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Kinsale Capital's current price movements will revert.
Auto-correlation | -0.3 |
Weak reverse predictability
Kinsale Capital Group has weak reverse predictability. Overlapping area represents the amount of predictability between Kinsale Capital time series from 27th of October 2023 to 25th of January 2024 and 25th of January 2024 to 24th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Kinsale Capital Group price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Kinsale Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 2352.28 |
Kinsale Capital Group lagged returns against current returns
Autocorrelation, which is Kinsale Capital stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Kinsale Capital's stock expected returns. We can calculate the autocorrelation of Kinsale Capital returns to help us make a trade decision. For example, suppose you find that Kinsale Capital has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Kinsale Capital regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Kinsale Capital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kinsale Capital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kinsale Capital stock over time.
Current vs Lagged Prices |
| Timeline |
Kinsale Capital Lagged Returns
When evaluating Kinsale Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kinsale Capital stock have on its future price. Kinsale Capital autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Kinsale Capital autocorrelation shows the relationship between Kinsale Capital stock current value and its past values and can show if there is a momentum factor associated with investing in Kinsale Capital Group.
Regressed Prices |
| Timeline |
Kinsale Capital Investors Sentiment
The influence of Kinsale Capital'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 Kinsale. 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 Kinsale Capital's public news can be used to forecast risks associated with an investment in Kinsale. The trend in average sentiment can be used to explain how an investor holding Kinsale can time the market purely based on public headlines and social activities around Kinsale Capital Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Kinsale Capital'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 Kinsale Capital'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 Kinsale Capital's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Kinsale Capital.
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 Kinsale Capital 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, Kinsale Capital's short interest history, or implied volatility extrapolated from Kinsale Capital options trading.
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Complementary Tools for Kinsale Stock analysis
When running Kinsale Capital's price analysis, check to measure Kinsale Capital'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 Kinsale Capital is operating at the current time. Most of Kinsale Capital's value examination focuses on studying past and present price action to predict the probability of Kinsale Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kinsale Capital's price. Additionally, you may evaluate how the addition of Kinsale Capital to your portfolios can decrease your overall portfolio volatility.
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Kinsale Capital technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.