Selective Insurance Group Stock Price on March 1, 2024
| SIGI Stock | USD 100.13 1.57 1.54% |
Below is the normalized historical share price chart for Selective Insurance Group extending back to November 05, 1984. 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 Selective Insurance stands at 100.13, as last reported on the 29th of April, with the highest price reaching 101.52 and the lowest price hitting 99.87 during the day.
If you're considering investing in Selective Stock, it is important to understand the factors that can impact its price. Selective Insurance owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.048, which indicates the firm had a -0.048% return per unit of risk over the last 3 months. Selective Insurance Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Selective Insurance's Risk Adjusted Performance of (0.03), variance of 2.45, and Coefficient Of Variation of (1,870) to confirm the risk estimate we provide.
As of now, Selective Insurance's Preferred Stock Total Equity is increasing as compared to previous years. . As of now, Selective Insurance's Price Fair Value is increasing as compared to previous years. Selective Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of March 1990 | 200 Day MA 102.3221 | 50 Day MA 103.575 | Beta 0.534 |
Selective |
Sharpe Ratio = -0.048
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SIGI |
Estimated Market Risk
| 1.59 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Selective 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 Selective Insurance by adding Selective Insurance to a well-diversified portfolio.
Price Book 2.2307 | Price Sales 1.4535 | Shares Float 59.7 M | Dividend Share 1.25 | Wall Street Target Price 109.57 |
Selective Insurance Main Headline on 1st of March 2024
Selective Insurance dividend paid on 1st of March 2024 |
Selective Insurance Valuation on March 1, 2024
It is possible to determine the worth of Selective Insurance on a given historical date. On March 1, 2024 Selective was worth 104.63 at the beginning of the trading date compared to the closed value of 103.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Selective Insurance stock. Still, in general, we apply an absolute valuation method to find Selective 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 Selective Insurance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Selective Insurance's related companies.
| Open | High | Low | Close | Volume | |
| 104.03 | 104.87 | 102.73 | 104.48 | 405,949 | |
03/01/2024 | 104.63 | 104.95 | 103.08 | 103.94 | 320,110 |
| 103.75 | 106.22 | 103.51 | 104.75 | 299,156 |
| Backtest Selective Insurance | | | Selective Insurance History | | | Selective Insurance Valuation | Previous | Next |
Selective Insurance Trading Date Momentum on March 1, 2024
| On March 04 2024 Selective Insurance Group was traded for 104.75 at the closing time. The top price for the day was 106.22 and the lowest listed price was 103.51 . The trading volume for the day was 299.2 K. The trading history from March 4, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 0.78% . The trading price change against the current closing price is 0.14% . |
Selective Insurance Fundamentals Correlations and Trends
By evaluating Selective 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 Selective Insurance's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Selective financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Selective Insurance Stock history
Selective 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 Selective is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Selective 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 Selective Insurance stock prices may prove useful in developing a viable investing in Selective Insurance
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 61 M | 61.1 M | |
| Net Income Applicable To Common Shares | 248 M | 143.9 M |
Selective Insurance Stock Technical Analysis
Selective 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
Selective Insurance Period Price Range
Low | March 1, 2024
| High |
104.63 | 103.94 |
Selective Insurance April 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Selective 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 Selective Insurance shares will generate the highest return on investment. By undertsting and applying Selective Insurance stock market strength indicators, traders can identify Selective Insurance Group entry and exit signals to maximize returns
| Accumulation Distribution | 5703.72 | |||
| Daily Balance Of Power | (0.37) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 104.02 | |||
| Day Typical Price | 103.99 | |||
| Price Action Indicator | (0.42) | |||
| Period Momentum Indicator | (3.81) |
Selective Insurance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Selective Insurance's price direction in advance. Along with the technical and fundamental analysis of Selective Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Selective 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 | (0.03) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.19) |
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| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Selective 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 price. Note that the Selective Insurance information on this page should be used as a complementary analysis to other Selective 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 Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Selective Stock analysis
When running Selective Insurance's price analysis, check to measure Selective 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 Selective Insurance is operating at the current time. Most of Selective Insurance's value examination focuses on studying past and present price action to predict the probability of Selective 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 Selective Insurance's price. Additionally, you may evaluate how the addition of Selective Insurance to your portfolios can decrease your overall portfolio volatility.
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Is Selective 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 Selective Insurance. If investors know Selective 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 Selective 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 0.455 | Dividend Share 1.25 | Earnings Share 5.84 | Revenue Per Share 69.801 | Quarterly Revenue Growth 0.166 |
The market value of Selective Insurance is measured differently than its book value, which is the value of Selective that is recorded on the company's balance sheet. Investors also form their own opinion of Selective Insurance's value that differs from its market value or its book value, called intrinsic value, which is Selective 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 Selective Insurance's market value can be influenced by many factors that don't directly affect Selective 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 Selective Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Selective Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Selective 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.