Selective Insurance Stock Forward View - Simple Exponential Smoothing

SV2 Stock  EUR 67.00  0.50  0.75%   
Selective Stock outlook is based on your current time horizon. We recommend always using this module together with an analysis of Selective Insurance's historical fundamentals, such as revenue growth or operating cash flow patterns.
As of 30th of January 2026, the value of RSI of Selective Insurance's share price is approaching 47. This usually implies that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Selective Insurance, making its price go up or down.

Momentum 47

 Impartial

 
Oversold
 
Overbought
The successful prediction of Selective Insurance's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Selective Insurance and does not consider all of the tangible or intangible factors available from Selective Insurance's fundamental data. We analyze noise-free headlines and recent hype associated with Selective Insurance Group, which may create opportunities for some arbitrage if properly timed.
Using Selective Insurance hype-based prediction, you can estimate the value of Selective Insurance Group from the perspective of Selective Insurance response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Selective Insurance Group on the next trading day is expected to be 66.99 with a mean absolute deviation of 0.77 and the sum of the absolute errors of 47.09.

Selective Insurance after-hype prediction price

    
  EUR 67.0  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of Selective Insurance to cross-verify your projections.

Selective Insurance Additional Predictive Modules

Most predictive techniques to examine Selective price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Selective using various technical indicators. When you analyze Selective charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Selective Insurance simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Selective Insurance Group are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Selective Insurance prices get older.

Selective Insurance Simple Exponential Smoothing Price Forecast For the 31st of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Selective Insurance Group on the next trading day is expected to be 66.99 with a mean absolute deviation of 0.77, mean absolute percentage error of 0.95, and the sum of the absolute errors of 47.09.
Please note that although there have been many attempts to predict Selective Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Selective Insurance's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Selective Insurance Stock Forecast Pattern

Backtest Selective Insurance  Selective Insurance Price Prediction  Buy or Sell Advice  

Selective Insurance Forecasted Value

In the context of forecasting Selective Insurance's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Selective Insurance's downside and upside margins for the forecasting period are 65.55 and 68.43, respectively. We have considered Selective Insurance's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
67.00
66.99
Expected Value
68.43
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Selective Insurance stock data series using in forecasting. Note that when a statistical model is used to represent Selective Insurance stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria118.0575
BiasArithmetic mean of the errors -0.0785
MADMean absolute deviation0.772
MAPEMean absolute percentage error0.0113
SAESum of the absolute errors47.0941
This simple exponential smoothing model begins by setting Selective Insurance Group forecast for the second period equal to the observation of the first period. In other words, recent Selective Insurance observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Selective Insurance

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Selective Insurance. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
65.5667.0068.44
Details
Intrinsic
Valuation
LowRealHigh
55.2956.7373.70
Details
Bollinger
Band Projection (param)
LowMiddleHigh
66.7170.1273.54
Details

Selective Insurance After-Hype Price Density Analysis

As far as predicting the price of Selective Insurance at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Selective Insurance or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Selective Insurance, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Selective Insurance Estimiated After-Hype Price Volatility

In the context of predicting Selective Insurance's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Selective Insurance's historical news coverage. Selective Insurance's after-hype downside and upside margins for the prediction period are 65.56 and 68.44, respectively. We have considered Selective Insurance's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
67.00
67.00
After-hype Price
68.44
Upside
Selective Insurance is very steady at this time. Analysis and calculation of next after-hype price of Selective Insurance is based on 3 months time horizon.

Selective Insurance Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Selective Insurance is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Selective Insurance backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Selective Insurance, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.05 
1.44
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Within a week
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
67.00
67.00
0.00 
0.00  
Notes

Selective Insurance Hype Timeline

Selective Insurance is at this time traded for 67.00on Frankfurt Exchange of Germany. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Selective is estimated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is estimated to be very small, whereas the daily expected return is at this time at 0.05%. %. The volatility of related hype on Selective Insurance is about 0.0%, with the expected price after the next announcement by competition of 67.00. About 87.0% of the company shares are owned by institutional investors. The book value of Selective Insurance was at this time reported as 38.58. The company last dividend was issued on the 14th of February 2023. Assuming the 90 days horizon the next estimated press release will be within a week.
Check out Historical Fundamental Analysis of Selective Insurance to cross-verify your projections.

Selective Insurance Related Hype Analysis

Having access to credible news sources related to Selective Insurance's direct competition is more important than ever and may enhance your ability to predict Selective Insurance's future price movements. Getting to know how Selective Insurance's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Selective Insurance may potentially react to the hype associated with one of its peers.

Other Forecasting Options for Selective Insurance

For every potential investor in Selective, whether a beginner or expert, Selective Insurance's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Selective Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Selective. Basic forecasting techniques help filter out the noise by identifying Selective Insurance's price trends.

Selective Insurance Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Selective Insurance stock to make a market-neutral strategy. Peer analysis of Selective Insurance could also be used in its relative valuation, which is a method of valuing Selective Insurance by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Selective Insurance Market Strength Events

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.

Selective Insurance Risk Indicators

The analysis of Selective Insurance's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Selective Insurance's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting selective stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Story Coverage note for Selective Insurance

The number of cover stories for Selective Insurance depends on current market conditions and Selective Insurance's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Selective Insurance is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Selective Insurance's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Selective Insurance Short Properties

Selective Insurance's future price predictability will typically decrease when Selective Insurance's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Selective Insurance Group often depends not only on the future outlook of the potential Selective Insurance's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Selective Insurance's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding60.3 M
Dividends Paid76.1 M
Forward Annual Dividend Rate1.12
Shares Float59.3 M

Additional Information and Resources on Investing in Selective Stock

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 Historical Fundamental Analysis of Selective Insurance to cross-verify your projections.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
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.