International General Insurance Stock Probability of Future Stock Price Finishing Under 23.50
| IGIC Stock | USD 25.95 0.04 0.15% |
International |
International General Target Price Odds to finish below 23.50
The tendency of International 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 drop to $ 23.50 or more in 90 days |
| 25.95 | 90 days | 23.50 | about 84.91 |
Based on a normal probability distribution, the odds of International General to drop to $ 23.50 or more in 90 days from now is about 84.91 (This International General Insurance probability density function shows the probability of International Stock to fall within a particular range of prices over 90 days) . Probability of International General price to stay between $ 23.50 and its current price of $25.95 at the end of the 90-day period is about 12.23 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.2 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, International General will likely underperform. Additionally International General Insurance has an alpha of 0.4259, implying that it can generate a 0.43 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). International General Price Density |
| Price |
Predictive Modules for International General
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as International General. 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.International General Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. International General is not an exception. The market had few large corrections towards the International General'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 International General Insurance, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of International General within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.43 | |
β | Beta against Dow Jones | 1.20 | |
σ | Overall volatility | 2.79 | |
Ir | Information ratio | 0.19 |
International General 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 International General for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for International General can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| International General Insurance currently holds 2.13 M in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. International General has a current ratio of 0.82, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about International General's use of debt, we should always consider it together with its cash and equity. | |
| About 51.0% of International General shares are held by company insiders | |
| Latest headline from thelincolnianonline.com: International General Insurance Sets New 12-Month High Time to Buy |
International General 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 International Stock often depends not only on the future outlook of the current and potential International General'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. International General's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 43.5 M | |
| Cash And Short Term Investments | 297.6 M |
International General Technical Analysis
International General's future price can be derived by breaking down and analyzing its technical indicators over time. International Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of International General Insurance. In general, you should focus on analyzing International Stock price patterns and their correlations with different microeconomic environments and drivers.
International General Predictive Forecast Models
International General's time-series forecasting models is one of many International General'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 International General'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 International General
Checking the ongoing alerts about International General for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for International General help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| International General Insurance currently holds 2.13 M in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. International General has a current ratio of 0.82, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about International General's use of debt, we should always consider it together with its cash and equity. | |
| About 51.0% of International General shares are held by company insiders | |
| Latest headline from thelincolnianonline.com: International General Insurance Sets New 12-Month High Time to Buy |
Check out International General Backtesting, International General Valuation, International General Correlation, International General Hype Analysis, International General Volatility, International General History as well as International General Performance. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Property & Casualty 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 International General. If investors know International 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 International General 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 2.157 | Dividend Share 0.01 | Earnings Share 3.11 | Revenue Per Share 11.604 | Quarterly Revenue Growth 0.363 |
The market value of International General is measured differently than its book value, which is the value of International that is recorded on the company's balance sheet. Investors also form their own opinion of International General's value that differs from its market value or its book value, called intrinsic value, which is International General'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 International General's market value can be influenced by many factors that don't directly affect International General'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 International General's value and its price as these two are different measures arrived at by different means. Investors typically determine if International General is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, International General'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.