Ategrity Specialty Insurance Stock Probability of Future Stock Price Finishing Over 21.48
| ASIC Stock | USD 21.48 0.15 0.70% |
Ategrity Specialty Target Price Odds to finish over 21.48
The tendency of Ategrity Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 21.48 | 90 days | 21.48 | near 1 |
Based on a normal probability distribution, the odds of Ategrity Specialty to move above the current price in 90 days from now is near 1 (This Ategrity Specialty Insurance probability density function shows the probability of Ategrity Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Ategrity Specialty has a beta of 0.48. This suggests as returns on the market go up, Ategrity Specialty average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ategrity Specialty Insurance will be expected to be much smaller as well. Additionally Ategrity Specialty Insurance has an alpha of 0.0722, implying that it can generate a 0.0722 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Ategrity Specialty Price Density |
| Price |
Predictive Modules for Ategrity Specialty
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ategrity Specialty. 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.Ategrity Specialty Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ategrity Specialty is not an exception. The market had few large corrections towards the Ategrity Specialty's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Ategrity Specialty Insurance, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ategrity Specialty within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | 0.48 | |
σ | Overall volatility | 1.04 | |
Ir | Information ratio | 0.01 |
Ategrity Specialty Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Ategrity Specialty for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ategrity Specialty can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ategrity Specialty Insurance currently holds 1.99 M in liabilities. Ategrity Specialty has a current ratio of 0.08, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Ategrity Specialty's use of debt, we should always consider it together with its cash and equity. | |
| About 89.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Australian regulator initiates civil penalty action against BDO Audit |
Ategrity Specialty Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Ategrity Stock often depends not only on the future outlook of the current and potential Ategrity Specialty'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. Ategrity Specialty's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 48.5 M | |
| Dividends Paid | 414 K | |
| Cash And Short Term Investments | 517.9 M |
Ategrity Specialty Technical Analysis
Ategrity Specialty's future price can be derived by breaking down and analyzing its technical indicators over time. Ategrity Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ategrity Specialty Insurance. In general, you should focus on analyzing Ategrity Stock price patterns and their correlations with different microeconomic environments and drivers.
Ategrity Specialty Predictive Forecast Models
Ategrity Specialty's time-series forecasting models is one of many Ategrity Specialty's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Ategrity Specialty's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Ategrity Specialty
Checking the ongoing alerts about Ategrity Specialty for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ategrity Specialty help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ategrity Specialty Insurance currently holds 1.99 M in liabilities. Ategrity Specialty has a current ratio of 0.08, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Ategrity Specialty's use of debt, we should always consider it together with its cash and equity. | |
| About 89.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Australian regulator initiates civil penalty action against BDO Audit |
Check out Ategrity Specialty Backtesting, Ategrity Specialty Valuation, Ategrity Specialty Correlation, Ategrity Specialty Hype Analysis, Ategrity Specialty Volatility, Ategrity Specialty History as well as Ategrity Specialty Performance. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Life & Health Insurance space 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 Ategrity Specialty. If investors know Ategrity 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 Ategrity Specialty 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 (0.05) | Earnings Share 0.97 | Revenue Per Share | Quarterly Revenue Growth 0.093 |
The market value of Ategrity Specialty is measured differently than its book value, which is the value of Ategrity that is recorded on the company's balance sheet. Investors also form their own opinion of Ategrity Specialty's value that differs from its market value or its book value, called intrinsic value, which is Ategrity Specialty'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 Ategrity Specialty's market value can be influenced by many factors that don't directly affect Ategrity Specialty'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 Ategrity Specialty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ategrity Specialty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ategrity Specialty'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.