Palomar Holdings Stock Price on November 6, 2024
| PLMR Stock | USD 109.03 0.71 0.66% |
Below is the normalized historical share price chart for Palomar Holdings extending back to April 17, 2019. 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 Palomar Holdings stands at 109.03, as last reported on the 26th of November, with the highest price reaching 110.48 and the lowest price hitting 107.84 during the day.
If you're considering investing in Palomar Stock, it is important to understand the factors that can impact its price. Palomar Holdings appears to be very steady, given 3 months investment horizon. Palomar Holdings maintains Sharpe Ratio (i.e., Efficiency) of 0.0921, which implies the firm had a 0.0921% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Palomar Holdings, which you can use to evaluate the volatility of the company. Please evaluate Palomar Holdings' Semi Deviation of 1.83, coefficient of variation of 1290.3, and Risk Adjusted Performance of 0.0657 to confirm if our risk estimates are consistent with your expectations.
At this time, Palomar Holdings' Common Stock Shares Outstanding is relatively stable compared to the past year. As of 11/26/2024, Stock Based Compensation To Revenue is likely to grow to 0.07, while Total Stockholder Equity is likely to drop slightly above 285.3 M. . At this time, Palomar Holdings' Price Book Value Ratio is relatively stable compared to the past year. As of 11/26/2024, Price Earnings To Growth Ratio is likely to grow to 0.34, while Price Earnings Ratio is likely to drop 16.52. Palomar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 17th of April 2019 | 200 Day MA 87.0489 | 50 Day MA 97.2156 | Beta 0.333 |
Palomar |
Sharpe Ratio = 0.0921
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Estimated Market Risk
| 2.22 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Palomar Holdings is performing at about 7% 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 Palomar Holdings by adding it to a well-diversified portfolio.
Price Book 4.0761 | Price Sales 5.731 | Shares Float 25.8 M | Wall Street Target Price 109.6667 | Earnings Share 4.22 |
Palomar Holdings Main Headline on 6th of November 2024
Palomar Holdings Inc Q3 2024 Earnings Call Highlights Strong... by gurufocus.com
Adjusted Net Income Growth percent increase.Adjusted Combined Ratio 77.Adjusted Return on Equity 21.Top Line Growth 32 percent increase.Same Store Sales Growt
Palomar Holdings Valuation on November 6, 2024
It is possible to determine the worth of Palomar Holdings on a given historical date. On November 6, 2024 Palomar was worth 97.16 at the beginning of the trading date compared to the closed value of 96.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Palomar Holdings stock. Still, in general, we apply an absolute valuation method to find Palomar Holdings' 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 Palomar Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Palomar Holdings' related companies.
| Open | High | Low | Close | Volume | |
| 85.00 | 92.50 | 85.00 | 90.30 | 239,262 | |
11/06/2024 | 97.16 | 98.74 | 95.55 | 96.20 | 327,830 |
| 96.27 | 96.65 | 94.45 | 95.77 | 114,023 |
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Palomar Holdings Trading Date Momentum on November 6, 2024
| On November 07 2024 Palomar Holdings was traded for 95.77 at the closing time. The top price for the day was 96.65 and the lowest listed price was 94.45 . The trading volume for the day was 114 K. The trading history from November 7, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.45% . The trading delta at closing time against the current closing price is 7.53% . |
Palomar Holdings Fundamentals Correlations and Trends
By evaluating Palomar Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Palomar Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Palomar financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Palomar Holdings Stock history
Palomar Holdings 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 Palomar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Palomar Holdings 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 Palomar Holdings stock prices may prove useful in developing a viable investing in Palomar Holdings
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 25.3 M | 26.5 M | |
| Net Income Applicable To Common Shares | 60 M | 63 M |
Palomar Holdings Stock Technical Analysis
Palomar Holdings 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
Palomar Holdings Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Palomar Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Palomar Holdings November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Palomar Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Palomar Holdings shares will generate the highest return on investment. By undertsting and applying Palomar Holdings stock market strength indicators, traders can identify Palomar Holdings entry and exit signals to maximize returns
Palomar Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Palomar Holdings' price direction in advance. Along with the technical and fundamental analysis of Palomar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Palomar 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 | 0.0657 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0209 | |||
| Treynor Ratio | 0.112 |
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Additional Tools for Palomar Stock Analysis
When running Palomar Holdings' price analysis, check to measure Palomar Holdings' 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 Palomar Holdings is operating at the current time. Most of Palomar Holdings' value examination focuses on studying past and present price action to predict the probability of Palomar Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Palomar Holdings' price. Additionally, you may evaluate how the addition of Palomar Holdings to your portfolios can decrease your overall portfolio volatility.