Selective Net Receivables from 2010 to 2026

SV2 Stock  EUR 74.00  0.50  0.68%   
Selective Insurance's Net Receivables is increasing over the last several years with slightly volatile swings. Net Receivables is predicted to flatten to about 1.5 B. During the period from 2010 to 2026 Selective Insurance Group Net Receivables regressed destribution of quarterly values had coefficient of variationof  58.03 and r-value of  0.87. View All Fundamentals
 
Net Receivables  
First Reported
2018-06-30
Previous Quarter
2.6 B
Current Value
2.4 B
Quarterly Volatility
668.1 M
 
Covid
 
Interest Hikes
Check Selective Insurance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Selective Insurance's main balance sheet or income statement drivers, such as Interest Expense of 25.4 M, Selling General Administrative of 24.1 M or Total Revenue of 3.7 B, as well as many indicators such as . Selective financial statements analysis is a perfect complement when working with Selective Insurance Valuation or Volatility modules.
  
This module can also supplement various Selective Insurance Technical models . Check out the analysis of Selective Insurance Correlation against competitors.
The Net Receivables trend for Selective Insurance Group offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Selective Insurance is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Selective Insurance's Net Receivables Growth Pattern

Below is the plot of the Net Receivables of Selective Insurance Group over the last few years. It is Selective Insurance's Net Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Selective Insurance's overall financial position and show how it may be relating to other accounts over time.
Net Receivables10 Years Trend
Slightly volatile
   Net Receivables   
       Timeline  

Selective Net Receivables Regression Statistics

Arithmetic Mean1,179,307,476
Geometric Mean1,018,534,385
Coefficient Of Variation58.03
Mean Deviation596,859,149
Median770,518,000
Standard Deviation684,322,007
Sample Variance468296.6T
Range1.9B
R-Value0.87
Mean Square Error125014.1T
R-Squared0.75
Slope117,339,105
Total Sum of Squares7492745.7T

Selective Net Receivables History

20261.5 B
20252.4 B
20242.5 B
2023B
20221.9 B
20211.5 B
20201.4 B

About Selective Insurance Financial Statements

Selective Insurance stakeholders use historical fundamental indicators, such as Selective Insurance's Net Receivables, to determine how well the company is positioned to perform in the future. Although Selective Insurance investors may analyze each financial statement separately, they are all interrelated. For example, changes in Selective Insurance's assets and liabilities are reflected in the revenues and expenses on Selective Insurance's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Selective Insurance Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Receivables2.4 B1.5 B

Currently Active Assets on Macroaxis

When determining whether Selective Insurance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Selective Insurance's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Selective Insurance Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Selective Insurance Group Stock:
Check out the analysis of Selective Insurance Correlation against competitors.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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. In contrast, Selective Insurance's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.