Safety Insurance Group Stock Price on September 3, 2024
| SAFT Stock | USD 85.22 0.76 0.88% |
Below is the normalized historical share price chart for Safety Insurance Group extending back to November 22, 2002. 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 Safety Insurance stands at 85.22, as last reported on the 28th of November, with the highest price reaching 87.06 and the lowest price hitting 85.18 during the day.
If you're considering investing in Safety Stock, it is important to understand the factors that can impact its price. Safety Insurance owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0156, which indicates the firm had a -0.0156% return per unit of risk over the last 3 months. Safety Insurance Group exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Safety Insurance's Semi Deviation of 1.19, coefficient of variation of 10605.75, and Risk Adjusted Performance of 0.013 to confirm the risk estimate we provide.
At this time, Safety Insurance's Other Stockholder Equity is comparatively stable compared to the past year. Stock Based Compensation To Revenue is likely to gain to 0.01 in 2024, whereas Total Stockholder Equity is likely to drop slightly above 615.3 M in 2024. . At this time, Safety Insurance's Price Earnings Ratio is comparatively stable compared to the past year. Price To Operating Cash Flows Ratio is likely to gain to 22.45 in 2024, whereas Price Earnings To Growth Ratio is likely to drop (1.04) in 2024. Safety Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 22nd of November 2002 | 200 Day MA 81.0683 | 50 Day MA 82.2826 | Beta 0.156 |
Safety |
Sharpe Ratio = -0.0156
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| Negative Returns | SAFT |
Estimated Market Risk
| 1.8 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Safety Insurance 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 Safety Insurance by adding Safety Insurance to a well-diversified portfolio.
Price Book 1.4984 | Price Sales 1.1583 | Shares Float 14.2 M | Dividend Share 3.6 | Wall Street Target Price 70 |
Safety Insurance Valuation on September 3, 2024
It is possible to determine the worth of Safety Insurance on a given historical date. On September 3, 2024 Safety was worth 87.22 at the beginning of the trading date compared to the closed value of 86.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Safety Insurance stock. Still, in general, we apply an absolute valuation method to find Safety Insurance'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 Safety Insurance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Safety Insurance's related companies.
| Open | High | Low | Close | Volume | |
| 87.88 | 87.89 | 86.88 | 87.62 | 45,184 | |
09/03/2024 | 87.22 | 87.22 | 85.84 | 86.00 | 48,596 |
| 85.81 | 86.29 | 85.10 | 85.84 | 40,787 |
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Safety Insurance Trading Date Momentum on September 3, 2024
| On September 04 2024 Safety Insurance Group was traded for 85.84 at the closing time. The top price for the day was 86.29 and the lowest listed price was 85.10 . The trading volume for the day was 40.8 K. The trading history from September 4, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.19% . The trading price change against the current closing price is 4.02% . |
Safety Insurance Fundamentals Correlations and Trends
By evaluating Safety Insurance'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 Safety Insurance's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Safety financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Safety Insurance Stock history
Safety Insurance 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 Safety is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Safety Insurance 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 Safety Insurance stock prices may prove useful in developing a viable investing in Safety Insurance
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 14.7 M | 14.2 M | |
| Net Income Applicable To Common Shares | 53.3 M | 69 M |
Safety Insurance Stock Technical Analysis
Safety Insurance 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
Safety Insurance Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Safety Insurance Group 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.
Safety Insurance November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Safety Insurance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Safety Insurance shares will generate the highest return on investment. By undertsting and applying Safety Insurance stock market strength indicators, traders can identify Safety Insurance Group entry and exit signals to maximize returns
Safety Insurance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Safety Insurance's price direction in advance. Along with the technical and fundamental analysis of Safety Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Safety 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 | 0.013 | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.0042 |
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Additional Tools for Safety Stock Analysis
When running Safety Insurance's price analysis, check to measure Safety Insurance'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 Safety Insurance is operating at the current time. Most of Safety Insurance's value examination focuses on studying past and present price action to predict the probability of Safety Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Safety Insurance's price. Additionally, you may evaluate how the addition of Safety Insurance to your portfolios can decrease your overall portfolio volatility.