Rli Corp Stock Odds of Future Stock Price Finishing Over 136.74
| RLI Stock | USD 165.71 2.89 1.71% |
Closest to current price RLI long CALL Option Payoff at Expiration
RLI |
RLI Corp Target Price Odds to finish over 136.74
The tendency of RLI 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 stay above $ 136.74 in 90 days |
| 165.71 | 90 days | 136.74 | about 99.0 |
Based on a normal probability distribution, the odds of RLI Corp to stay above $ 136.74 in 90 days from now is about 99.0 (This RLI Corp probability density function shows the probability of RLI Stock to fall within a particular range of prices over 90 days) . Probability of RLI Corp price to stay between $ 136.74 and its current price of $165.71 at the end of the 90-day period is about 72.63 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.14 indicating RLI Corp market returns are responsive to returns on the market. As the market goes up or down, RLI Corp is expected to follow. Additionally RLI Corp has an alpha of 0.0144, implying that it can generate a 0.0144 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). RLI Corp Price Density |
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Predictive Modules for RLI Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as RLI Corp. 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.RLI Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. RLI Corp is not an exception. The market had few large corrections towards the RLI Corp'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 RLI Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of RLI Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 1.14 | |
σ | Overall volatility | 9.80 | |
Ir | Information ratio | 0.02 |
RLI Corp 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 RLI Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for RLI Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Over 81.0% of the company shares are owned by institutional investors | |
| On 31st of October 2024 RLI Corp paid $ 0.29 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: RLI Corp. Receives Consensus Rating of Moderate Buy from Brokerages |
RLI Corp 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 RLI Stock often depends not only on the future outlook of the current and potential RLI Corp'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. RLI Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 46.1 M | |
| Cash And Short Term Investments | 36.4 M |
RLI Corp Technical Analysis
RLI Corp's future price can be derived by breaking down and analyzing its technical indicators over time. RLI Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of RLI Corp. In general, you should focus on analyzing RLI Stock price patterns and their correlations with different microeconomic environments and drivers.
RLI Corp Predictive Forecast Models
RLI Corp's time-series forecasting models is one of many RLI Corp'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 RLI Corp'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 RLI Corp
Checking the ongoing alerts about RLI Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for RLI Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 81.0% of the company shares are owned by institutional investors | |
| On 31st of October 2024 RLI Corp paid $ 0.29 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: RLI Corp. Receives Consensus Rating of Moderate Buy from Brokerages |
Check out RLI Corp Backtesting, RLI Corp Valuation, RLI Corp Correlation, RLI Corp Hype Analysis, RLI Corp Volatility, RLI Corp History as well as RLI Corp Performance. For more detail on how to invest in RLI Stock please use our How to Invest in RLI Corp guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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 RLI Corp. If investors know RLI 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 RLI Corp 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 6.103 | Dividend Share 1.12 | Earnings Share 9.09 | Revenue Per Share 38.608 | Quarterly Revenue Growth 0.417 |
The market value of RLI Corp is measured differently than its book value, which is the value of RLI that is recorded on the company's balance sheet. Investors also form their own opinion of RLI Corp's value that differs from its market value or its book value, called intrinsic value, which is RLI Corp'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 RLI Corp's market value can be influenced by many factors that don't directly affect RLI Corp'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 RLI Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if RLI Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RLI Corp'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.