Assurant Stock Price on November 25, 2024
| AIZN Stock | USD 21.39 0.01 0.05% |
If you're considering investing in Assurant Stock, it is important to understand the factors that can impact its price. As of today, the current price of Assurant stands at 21.39, as last reported on the 25th of November, with the highest price reaching 21.68 and the lowest price hitting 21.39 during the day. Assurant secures Sharpe Ratio (or Efficiency) of -0.0357, which signifies that the company had a -0.0357% return per unit of risk over the last 3 months. Assurant exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Assurant's Mean Deviation of 0.6162, standard deviation of 0.8501, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide.
Assurant Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Assurant |
Sharpe Ratio = -0.0357
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Estimated Market Risk
| 0.85 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Assurant is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Assurant by adding Assurant to a well-diversified portfolio.
Assurant Valuation on November 25, 2024
It is possible to determine the worth of Assurant on a given historical date. On November 25, 2024 Assurant was worth 21.55 at the beginning of the trading date compared to the closed value of 21.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Assurant stock. Still, in general, we apply an absolute valuation method to find Assurant's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Assurant where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Assurant's related companies.
| Open | High | Low | Close | Volume | |
| 21.55 | 21.68 | 21.39 | 21.39 | 9,608 | |
11/25/2024 | 21.55 | 21.68 | 21.39 | 21.39 | 0.00 |
| Backtest Assurant | | | Assurant History | | | Assurant Valuation | Previous |
Assurant Trading Date Momentum on November 25, 2024
| On November 25 2024 Assurant was traded for 21.39 at the closing time. The top price for the day was 21.68 and the lowest listed price was 21.39 . There was no trading activity during the period 0.0. Lack of trading volume on November 25, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.75% . |
Assurant Fundamentals Correlations and Trends
By evaluating Assurant's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Assurant's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Assurant financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Assurant Stock history
Assurant investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Assurant is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Assurant will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Assurant stock prices may prove useful in developing a viable investing in Assurant
Assurant Stock Technical Analysis
Assurant technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Assurant Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
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Assurant November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Assurant stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Assurant shares will generate the highest return on investment. By undertsting and applying Assurant stock market strength indicators, traders can identify Assurant entry and exit signals to maximize returns
Assurant Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Assurant's price direction in advance. Along with the technical and fundamental analysis of Assurant Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Assurant to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | 0.2678 |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Assurant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. To learn how to invest in Assurant Stock, please use our How to Invest in Assurant guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Multi-line 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 Assurant. If investors know Assurant 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 Assurant listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Assurant is measured differently than its book value, which is the value of Assurant that is recorded on the company's balance sheet. Investors also form their own opinion of Assurant's value that differs from its market value or its book value, called intrinsic value, which is Assurant'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 Assurant's market value can be influenced by many factors that don't directly affect Assurant'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 Assurant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Assurant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Assurant'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.