Assurant Historical Valuation
| AIZ Stock | USD 174.62 0.03 0.02% |
Some fundamental drivers such as market cap or Assurant enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze Assurant valuation indicators such as Working Capital of 0.0 or Enterprise Value of 9.9 B to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of Assurant's future value.
Assurant |
About Assurant Valuation Data Analysis
Valuation is the financial process of determining what Assurant is worth. Assurant valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. Assurant valuation ratios help investors to determine whether Assurant Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Assurant with respect to the benefits of owning Assurant security.
Assurant Valuation Data Chart
Assurant valuation ratios help to determine how cheap or expensive it is, compared to its peers or based on some benchmark measure of value for a given date. A typical valuation ratio shows the difference between the cost of Assurant equity instrument and the benefits of owning shares of Assurant.
Market Cap is likely to rise to about 9.5 B in 2024. Enterprise Value is likely to rise to about 9.9 B in 2024 Enterprise Value
Enterprise Value (or EV) is usually referred to as Assurant theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Assurant debt, but would also pocket its cash. Enterprise Value is more accurate representation of Assurant value than its market capitalization because it takes into account all of Assurant existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.Pair Trading with Assurant
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Assurant position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Assurant will appreciate offsetting losses from the drop in the long position's value.Moving together with Assurant Stock
| 0.63 | ESNT | Essent Group | PairCorr |
| 0.62 | AGO | Assured Guaranty Earnings Call This Week | PairCorr |
| 0.75 | AXS | AXIS Capital Holdings | PairCorr |
Moving against Assurant Stock
| 0.43 | ITIC | Investors Title Earnings Call Today | PairCorr |
The ability to find closely correlated positions to Assurant could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Assurant when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Assurant - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Assurant to buy it.
The correlation of Assurant is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Assurant moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Assurant moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Assurant can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Assurant. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy Assurant Stock please use our How to Invest in Assurant guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Assurant Stock analysis
When running Assurant's price analysis, check to measure Assurant'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 Assurant is operating at the current time. Most of Assurant's value examination focuses on studying past and present price action to predict the probability of Assurant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Assurant's price. Additionally, you may evaluate how the addition of Assurant to your portfolios can decrease your overall portfolio volatility.
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Is Assurant'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 Assurant. If investors know Assurant 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 Assurant 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 1.69 | Dividend Share 2.82 | Earnings Share 11.95 | Revenue Per Share 208.242 | Quarterly Revenue Growth 0.125 |
The market value of Assurant is measured differently than its book value, which is the value of Assurant that is recorded on the company's balance sheet. Investors also form their own opinion of Assurant's value that differs from its market value or its book value, called intrinsic value, which is Assurant'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 Assurant's market value can be influenced by many factors that don't directly affect Assurant'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 Assurant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Assurant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Assurant'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.