Insurance Australia (Australia) Price on May 30, 2024
| IAG Stock | 8.22 0.05 0.61% |
Below is the normalized historical share price chart for Insurance Australia Group extending back to August 07, 2000. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Insurance Australia stands at 8.22, as last reported on the 25th of November, with the highest price reaching 8.31 and the lowest price hitting 8.22 during the day.
If you're considering investing in Insurance Stock, it is important to understand the factors that can impact its price. Currently, Insurance Australia Group is not too volatile. Insurance Australia holds Efficiency (Sharpe) Ratio of 0.18, which attests that the entity had a 0.18% return per unit of risk over the last 3 months. We have found thirty technical indicators for Insurance Australia, which you can use to evaluate the volatility of the firm. Please check out Insurance Australia's Market Risk Adjusted Performance of 1.01, risk adjusted performance of 0.1386, and Downside Deviation of 0.903 to validate if the risk estimate we provide is consistent with the expected return of 0.19%.
At this time, Insurance Australia's Preferred Stock Total Equity is comparatively stable compared to the past year. Capital Stock is likely to gain to about 7.7 B in 2024, whereas Total Stockholder Equity is likely to drop slightly above 5.3 B in 2024. . Insurance Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 8th of August 2000 | 200 Day MA 6.9435 | 50 Day MA 7.618 | Beta 0.149 |
Insurance |
Sharpe Ratio = 0.1794
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Estimated Market Risk
| 1.06 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Insurance Australia is performing at about 14% of its full potential. 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 Insurance Australia by adding it to a well-diversified portfolio.
Price Book 2.9206 | Price Sales 1.2117 | Shares Float 2.2 B | Dividend Share 0.27 | Wall Street Target Price 7.6781 |
Insurance Australia Valuation on May 30, 2024
It is possible to determine the worth of Insurance Australia on a given historical date. On May 30, 2024 Insurance was worth 6.04 at the beginning of the trading date compared to the closed value of 6.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Insurance Australia stock. Still, in general, we apply an absolute valuation method to find Insurance Australia'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 Insurance Australia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Insurance Australia's related companies.
| Open | High | Low | Close | Volume | |
| 6.22 | 6.23 | 6.04 | 6.07 | 7,164,779 | |
05/30/2024 | 6.04 | 6.08 | 6.02 | 6.03 | 3,525,034 |
| 6.11 | 6.15 | 6.02 | 6.06 | 11,952,230 |
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Insurance Australia Trading Date Momentum on May 30, 2024
| On May 31 2024 Insurance Australia Group was traded for 6.06 at the closing time. The maximum traded price for the trading interval was 6.15 and the lowest daily price was 6.02 . The daily volume was recorded at 12 M. The volume of trading on 31st of May 2024 played a part in the next trading day price appreciation. The trading delta at closing time to the next closing price was 0.50% . The trading delta at closing time to the closing price today is 5.47% . |
Insurance Australia Fundamentals Correlations and Trends
By evaluating Insurance Australia'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 Insurance Australia's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Insurance financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Insurance Australia Stock history
Insurance Australia 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 Insurance is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Insurance Australia 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 Insurance Australia stock prices may prove useful in developing a viable investing in Insurance Australia
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.8 B | 2.2 B | |
| Net Income Applicable To Common Shares | 956.8 M | 598.5 M |
Insurance Australia Stock Technical Analysis
Insurance Australia 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
Insurance Australia Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Insurance Australia Group cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Insurance Australia November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Insurance Australia stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Insurance Australia shares will generate the highest return on investment. By undertsting and applying Insurance Australia stock market strength indicators, traders can identify Insurance Australia Group entry and exit signals to maximize returns
Insurance Australia Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Insurance Australia's price direction in advance. Along with the technical and fundamental analysis of Insurance Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Insurance 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 | 0.1386 | |||
| Jensen Alpha | 0.1581 | |||
| Total Risk Alpha | 0.0109 | |||
| Sortino Ratio | 0.0654 | |||
| Treynor Ratio | 0.9984 |
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Additional Tools for Insurance Stock Analysis
When running Insurance Australia's price analysis, check to measure Insurance Australia's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Insurance Australia is operating at the current time. Most of Insurance Australia's value examination focuses on studying past and present price action to predict the probability of Insurance Australia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Insurance Australia's price. Additionally, you may evaluate how the addition of Insurance Australia to your portfolios can decrease your overall portfolio volatility.