Selective Insurance Group Stock Performance
SIGI Stock | USD 109.17 1.75 1.63% |
Selective Insurance has a performance score of 8 on a scale of 0 to 100. The entity has a beta of 0.27, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Selective Insurance's returns are expected to increase less than the market. However, during the bear market, the loss of holding Selective Insurance is expected to be smaller as well. Selective Insurance right now has a risk of 1.55%. Please validate Selective Insurance downside variance, and the relationship between the treynor ratio and kurtosis , to decide if Selective Insurance will be following its existing price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Selective Insurance Group are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite fairly conflicting technical and fundamental indicators, Selective Insurance may actually be approaching a critical reversion point that can send shares even higher in April 2024. ...more
Actual Historical Performance (%)
One Day Return 1.63 | Five Day Return 4.29 | Year To Date Return 9.07 | Ten Year Return 368.14 | All Time Return 12.2 K |
Forward Dividend Yield 0.0119 | Payout Ratio 0.2211 | Last Split Factor 2:1 | Forward Dividend Rate 1.3 | Dividend Date 2024-03-01 |
1 | Selective Insurance Schedules Earnings Release and Conference Call to Announce Fourth Quarter 2023 Results | 01/10/2024 |
2 | Disposition of 2900 shares by Robert Doherty of Selective Insurance at 104.6906 subject to Rule 16b-3 | 02/16/2024 |
3 | Fmr LLC Boosts Stake in Selective Insurance Group, Inc. | 02/21/2024 |
4 | Heres Why Investors Should Hold Selective Insurance | 02/27/2024 |
5 | Selective Insurance Group, Inc. Shares Acquired by Natixis Advisors L.P. - MarketBeat | 02/29/2024 |
Selective Insurance dividend paid on 1st of March 2024 | 03/01/2024 |
6 | Disposition of 2626 shares by Brenda Hall of Selective Insurance at 105.8773 subject to Rule 16b-3 | 03/04/2024 |
7 | Selective Insurance Group, Inc. Shares Sold by Hsbc Holdings PLC - Defense World | 03/11/2024 |
8 | American Century Companies Inc. Sells 253,383 Shares of Selective Insurance Group, Inc. - MarketBeat | 03/19/2024 |
9 | Disposition of 100 shares by Michael Morrissey of Selective Insurance at 79.75 subject to Rule 16b-3 | 03/22/2024 |
10 | Selective Insurance Group Hits New 52-Week High at 108.23 - MarketBeat | 03/28/2024 |
Begin Period Cash Flow | 25.2 M |
Selective |
Selective Insurance Relative Risk vs. Return Landscape
If you would invest 9,975 in Selective Insurance Group on December 30, 2023 and sell it today you would earn a total of 942.00 from holding Selective Insurance Group or generate 9.44% return on investment over 90 days. Selective Insurance Group is currently generating 0.1601% in daily expected returns and assumes 1.5507% risk (volatility on return distribution) over the 90 days horizon. In different words, 13% of stocks are less volatile than Selective, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
Risk |
Selective Insurance Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Selective Insurance's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Selective Insurance Group, and traders can use it to determine the average amount a Selective Insurance's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1032
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Estimated Market Risk
1.55 actual daily | 13 87% of assets are more volatile |
Expected Return
0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Selective Insurance is performing at about 8% of its full potential. 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 it to a well-diversified portfolio.
Selective Insurance Fundamentals Growth
Selective Stock prices reflect investors' perceptions of the future prospects and financial health of Selective Insurance, and Selective Insurance fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Selective Stock performance.
Return On Equity | 0.13 | |||
Return On Asset | 0.027 | |||
Current Valuation | 7.33 B | |||
Shares Outstanding | 60.79 M | |||
Price To Earning | 17.00 X | |||
Price To Book | 2.41 X | |||
Price To Sales | 1.57 X | |||
Revenue | 4.23 B | |||
Gross Profit | 740.47 M | |||
EBITDA | 40.66 M | |||
Net Income | 365.24 M | |||
Cash Per Share | 4.80 X | |||
Debt To Equity | 0.19 % | |||
Current Ratio | 0.33 X | |||
Cash Flow From Operations | 758.91 M | |||
Earnings Per Share | 5.83 X | |||
Total Asset | 11.8 B | |||
Retained Earnings | 3.03 B | |||
About Selective Insurance Performance
To evaluate Selective Insurance Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Selective Insurance generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Selective Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Selective Insurance market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Selective's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Last Reported | Projected for 2024 | ||
Return On Capital Employed | 0 | 0 | |
Return On Assets | 0.03 | 0.02 | |
Return On Equity | 0.12 | 0.11 |
Things to note about Selective Insurance performance evaluation
Checking the ongoing alerts about Selective Insurance for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Selective Insurance help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.The company currently holds 503.95 M in liabilities with Debt to Equity (D/E) ratio of 0.19, which may suggest the company is not taking enough advantage from borrowing. Selective Insurance has a current ratio of 0.32, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Selective Insurance until it has trouble settling it off, either with new capital or with free cash flow. So, Selective Insurance's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Selective Insurance sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Selective to invest in growth at high rates of return. When we think about Selective Insurance's use of debt, we should always consider it together with cash and equity. | |
Selective Insurance has a strong financial position based on the latest SEC filings | |
Over 85.0% of Selective Insurance shares are owned by institutional investors | |
On 1st of March 2024 Selective Insurance paid $ 0.35 per share dividend to its current shareholders | |
Latest headline from news.google.com: Selective Insurance Group Hits New 52-Week High at 108.23 - MarketBeat |
- Analyzing Selective Insurance's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Selective Insurance's stock is overvalued or undervalued compared to its peers.
- Examining Selective Insurance's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Selective Insurance's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Selective Insurance's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Selective Insurance's stock. These opinions can provide insight into Selective Insurance's potential for growth and whether the stock is currently undervalued or overvalued.
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 Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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 5.83 | 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.