Safety Insurance Group Stock Price on December 15, 2022
| SAFT Stock | USD 83.07 1.28 1.52% |
Below is the normalized historical share price chart for Safety Insurance Group extending back to November 22, 2002. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Safety Insurance stands at 83.07, as last reported on the 11th of May 2024, with the highest price reaching 84.04 and the lowest price hitting 82.92 during the day.
If you're considering investing in Safety Stock, it is important to understand the factors that can impact its price. Safety Insurance owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0043, which indicates the firm had a -0.0043% return per unit of risk over the last 3 months. Safety Insurance Group exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Safety Insurance's Coefficient Of Variation of 2140.28, risk adjusted performance of 0.0348, and Semi Deviation of 1.55 to confirm the risk estimate we provide.
At this time, Safety Insurance's Other Stockholder Equity is comparatively stable compared to the past year. Stock Based Compensation To Revenue is likely to gain to 0.01 in 2024, whereas Total Stockholder Equity is likely to drop slightly above 615.3 M in 2024. . At this time, Safety Insurance's Price Earnings Ratio is comparatively stable compared to the past year. Price To Operating Cash Flows Ratio is likely to gain to 22.45 in 2024, whereas Price Earnings To Growth Ratio is likely to drop (1.04) in 2024. Safety Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 22nd of November 2002 | 200 Day MA 76.5305 | 50 Day MA 80.192 | Beta 0.183 |
Safety |
Sharpe Ratio = -0.0043
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| Negative Returns | SAFT |
Estimated Market Risk
| 1.54 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Safety Insurance is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Safety Insurance by adding Safety Insurance to a well-diversified portfolio.
Price Book 1.4422 | Price Sales 1.2447 | Shares Float 14.1 M | Dividend Share 3.6 | Wall Street Target Price 70 |
Safety Insurance Main Headline on 15th of December 2022
Safety Insurance dividend paid on 15th of December 2022 |
Safety Insurance Valuation on December 15, 2022
It is possible to determine the worth of Safety Insurance on a given historical date. On December 15, 2022 Safety was worth 83.99 at the beginning of the trading date compared to the closed value of 77.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Safety Insurance stock. Still, in general, we apply an absolute valuation method to find Safety Insurance's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Safety Insurance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Safety Insurance's related companies.
| Open | High | Low | Close | Volume | |
| 85.65 | 86.20 | 79.28 | 79.28 | 51,783 | |
12/15/2022 | 83.99 | 84.20 | 77.91 | 77.91 | 47,452 |
| 82.22 | 82.53 | 77.46 | 77.46 | 343,376 |
| Backtest Safety Insurance | | | Safety Insurance History | | | Safety Insurance Valuation | Previous | Next |
Safety Insurance Trading Date Momentum on December 15, 2022
| On December 16 2022 Safety Insurance Group was traded for 77.46 at the closing time. The top price for the day was 82.53 and the lowest listed price was 77.46 . The trading volume for the day was 343.4 K. The trading history from December 16, 2022 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.58% . The trading price change against the current closing price is 14.30% . |
Safety Insurance Fundamentals Correlations and Trends
By evaluating Safety Insurance's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Safety Insurance's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Safety financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Safety Insurance Stock history
Safety Insurance investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Safety is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Safety Insurance will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Safety Insurance stock prices may prove useful in developing a viable investing in Safety Insurance
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 14.7 M | 14.2 M | |
| Net Income Applicable To Common Shares | 53.3 M | 69 M |
Safety Insurance Stock Technical Analysis
Safety Insurance 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.
Price Boundaries
Safety Insurance Period Price Range
Low | December 15, 2022
| High |
83.99 | 77.91 |
Safety Insurance May 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Safety Insurance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Safety Insurance shares will generate the highest return on investment. By undertsting and applying Safety Insurance stock market strength indicators, traders can identify Safety Insurance Group entry and exit signals to maximize returns
Safety Insurance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Safety Insurance's price direction in advance. Along with the technical and fundamental analysis of Safety Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Safety to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0348 | |||
| Jensen Alpha | 0.049 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.3433 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Safety Insurance Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Safety Insurance information on this page should be used as a complementary analysis to other Safety 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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for Safety Stock analysis
When running Safety Insurance's price analysis, check to measure Safety 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 Safety Insurance is operating at the current time. Most of Safety Insurance's value examination focuses on studying past and present price action to predict the probability of Safety 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 Safety Insurance's price. Additionally, you may evaluate how the addition of Safety Insurance to your portfolios can decrease your overall portfolio volatility.
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Is Safety 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 Safety Insurance. If investors know Safety 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 Safety 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 (0.50) | Dividend Share 3.6 | Earnings Share 3.48 | Revenue Per Share 67.22 | Quarterly Revenue Growth 0.255 |
The market value of Safety Insurance is measured differently than its book value, which is the value of Safety that is recorded on the company's balance sheet. Investors also form their own opinion of Safety Insurance's value that differs from its market value or its book value, called intrinsic value, which is Safety 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 Safety Insurance's market value can be influenced by many factors that don't directly affect Safety 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 Safety Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Safety Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Safety 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.