Palomar Holdings Stock Performance
| PLMR Stock | USD 77.97 1.07 1.35% |
On a scale of 0 to 100, Palomar Holdings holds a performance score of 13. The company holds a Beta of 1.43, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Palomar Holdings will likely underperform. Please check Palomar Holdings' expected short fall, and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Palomar Holdings' historical price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Palomar Holdings are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. Even with relatively unfluctuating primary indicators, Palomar Holdings reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (1.35) | Five Day Return (4.26) | Year To Date Return 37.59 | Ten Year Return 310.58 | All Time Return 310.58 |
1 | Palomar Holdings Incs Meteoric Rise Unpacking the 25 percent Surge in Just 3 Months | 02/16/2024 |
2 | Insider Trading | 02/28/2024 |
3 | Acquisition by Bradley Thomas A of 1500 shares of Palomar Holdings at 74.2999 subject to Rule 16b-3 | 03/05/2024 |
4 | Disposition of 1000 shares by Uchida T Christopher of Palomar Holdings at 15.0 subject to Rule 16b-3 | 03/11/2024 |
5 | Disposition of 1000 shares by Uchida T Christopher of Palomar Holdings at 74.0 subject to Rule 16b-3 | 03/12/2024 |
6 | Disposition of 200 shares by Jon Christianson of Palomar Holdings at 83.825 subject to Rule 16b-3 | 03/18/2024 |
7 | Heres Why You Should Retain CNA Financial Stock Now | 03/19/2024 |
8 | Disposition of 1200 shares by Armstrong Mac of Palomar Holdings at 83.2683 subject to Rule 16b-3 | 03/21/2024 |
9 | Palomar Shares Rise 48 percent YTD More Room for Growth | 04/02/2024 |
10 | Time to Buy These Red-Hot Property and Casualty Insurance Stocks | 04/04/2024 |
11 | This Top Finance Stock is a 1 Why It Should Be on Your Radar | 04/09/2024 |
12 | Heres Why Investors Should Buy AXIS Capital Stock Now | 04/10/2024 |
13 | Reasons Why Investors Should Retain Arch Capital | 04/12/2024 |
14 | Palomar CFO sells shares worth over 76k | 04/18/2024 |
15 | Disposition of 1530 shares by Armstrong Mac of Palomar Holdings at 80.5465 subject to Rule 16b-3 | 04/22/2024 |
16 | Palomar Holdings, Inc. Announces First Quarter 2024 Financial Results Release Date and Conference Call | 04/23/2024 |
17 | Palomar Holdings five-year earnings growth trails the enviable shareholder returns | 04/25/2024 |
18 | Palomar Beats Q1 Earnings and Revenue Estimates | 05/02/2024 |
| Begin Period Cash Flow | 68.2 M |
Palomar |
Palomar Holdings Relative Risk vs. Return Landscape
If you would invest 5,827 in Palomar Holdings on February 3, 2024 and sell it today you would earn a total of 1,970 from holding Palomar Holdings or generate 33.81% return on investment over 90 days. Palomar Holdings is currently generating 0.5135% in daily expected returns and assumes 3.0504% risk (volatility on return distribution) over the 90 days horizon. In different words, 27% of stocks are less volatile than Palomar, and 90% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Palomar Holdings Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Palomar Holdings' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Palomar Holdings, and traders can use it to determine the average amount a Palomar Holdings' 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 = 0.1683
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Estimated Market Risk
| 3.05 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.51 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Palomar Holdings is performing at about 13% 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 Palomar Holdings by adding it to a well-diversified portfolio.
Palomar Holdings Fundamentals Growth
Palomar Stock prices reflect investors' perceptions of the future prospects and financial health of Palomar Holdings, and Palomar Holdings 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 Palomar Stock performance.
| Return On Equity | 0.19 | ||||
| Return On Asset | 0.0445 | ||||
| Profit Margin | 0.21 % | ||||
| Operating Margin | 0.33 % | ||||
| Current Valuation | 1.97 B | ||||
| Shares Outstanding | 24.92 M | ||||
| Price To Earning | 253.33 X | ||||
| Price To Book | 3.94 X | ||||
| Price To Sales | 4.93 X | ||||
| Revenue | 375.93 M | ||||
| Gross Profit | 80.05 M | ||||
| EBITDA | 184.51 M | ||||
| Net Income | 79.2 M | ||||
| Cash And Equivalents | 36.47 M | ||||
| Cash Per Share | 1.45 X | ||||
| Total Debt | 52.6 M | ||||
| Debt To Equity | 0.06 % | ||||
| Current Ratio | 0.51 X | ||||
| Book Value Per Share | 19.02 X | ||||
| Cash Flow From Operations | 116.11 M | ||||
| Earnings Per Share | 3.13 X | ||||
| Market Capitalization | 1.97 B | ||||
| Total Asset | 1.17 B | ||||
| Retained Earnings | 144.64 M | ||||
About Palomar Holdings Performance
To evaluate Palomar Holdings 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 Palomar Holdings 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 Palomar 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 Palomar Holdings market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Palomar'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 Next Year | ||
| Days Of Inventory On Hand | 0.00 | 0.00 | |
| Return On Tangible Assets | 0.07 | 0.07 | |
| Return On Capital Employed | 0.20 | 0.21 | |
| Return On Assets | 0.07 | 0.07 | |
| Return On Equity | 0.17 | 0.18 |
Things to note about Palomar Holdings performance evaluation
Checking the ongoing alerts about Palomar Holdings for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Palomar Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Palomar Holdings appears to be risky and price may revert if volatility continues | |
| The company currently holds 52.6 M in liabilities with Debt to Equity (D/E) ratio of 0.06, which may suggest the company is not taking enough advantage from borrowing. Palomar Holdings has a current ratio of 0.5, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Palomar Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, Palomar Holdings' 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 Palomar Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Palomar to invest in growth at high rates of return. When we think about Palomar Holdings' use of debt, we should always consider it together with cash and equity. | |
| Palomar Holdings has a frail financial position based on the latest SEC disclosures | |
| Over 94.0% of Palomar Holdings shares are owned by institutional investors | |
| Latest headline from zacks.com: Palomar Beats Q1 Earnings and Revenue Estimates |
- Analyzing Palomar Holdings' 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 Palomar Holdings' stock is overvalued or undervalued compared to its peers.
- Examining Palomar Holdings' 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 Palomar Holdings' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Palomar Holdings' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Palomar Holdings' stock. These opinions can provide insight into Palomar Holdings' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Palomar Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. To learn how to invest in Palomar Stock, please use our How to Invest in Palomar Holdings guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Palomar Stock analysis
When running Palomar Holdings' price analysis, check to measure Palomar Holdings' 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 Palomar Holdings is operating at the current time. Most of Palomar Holdings' value examination focuses on studying past and present price action to predict the probability of Palomar Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Palomar Holdings' price. Additionally, you may evaluate how the addition of Palomar Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Palomar Holdings' 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 Palomar Holdings. If investors know Palomar 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 Palomar Holdings 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 0.41 | Earnings Share 3.13 | Revenue Per Share 15.145 | Quarterly Revenue Growth 0.189 | Return On Assets 0.0445 |
The market value of Palomar Holdings is measured differently than its book value, which is the value of Palomar that is recorded on the company's balance sheet. Investors also form their own opinion of Palomar Holdings' value that differs from its market value or its book value, called intrinsic value, which is Palomar Holdings' 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 Palomar Holdings' market value can be influenced by many factors that don't directly affect Palomar Holdings' 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 Palomar Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Palomar Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Palomar Holdings' 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.