Selective Insurance Q3 Earnings Snapshot
SIGI Stock | USD 99.80 1.15 1.17% |
Under 59% of all Selective Insurance's traders are looking to take a long position. The analysis of the overall prospects from investing in Selective Insurance Group suggests that some traders are, at the present time, interested. Selective Insurance's investing sentiment shows overall attitude of investors towards Selective Insurance Group.
Selective |
BRANCHVILLE, N.J. Selective Insurance Group Inc. SIGI on Monday reported third-quarter net income of 92.3 million. On a per-share basis, the Branchville, New Jersey-based company said it had profit of 1.47.
Read at finance.yahoo.com
Selective Insurance Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Selective Insurance can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Selective Insurance Fundamental Analysis
We analyze Selective Insurance's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Selective Insurance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Selective Insurance based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Selective Insurance is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Selective Insurance Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Selective Insurance stock to make a market-neutral strategy. Peer analysis of Selective Insurance could also be used in its relative valuation, which is a method of valuing Selective Insurance by comparing valuation metrics with similar companies.
Peers
Selective Insurance Related Equities
DGICB | Donegal Group | 3.83 | ||||
GBLI | Global Indemnity | 2.42 | ||||
CNA | CNA Financial | 0.56 | ||||
HMN | Horace Mann | 0.36 | ||||
ARGO-PA | Argo Group | 0.12 | ||||
KMPR | Kemper | 0.53 | ||||
PRA | ProAssurance | 1.49 |
Complementary Tools for Selective Stock analysis
When running Selective Insurance's price analysis, check to measure Selective 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 Selective Insurance is operating at the current time. Most of Selective Insurance's value examination focuses on studying past and present price action to predict the probability of Selective 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 Selective Insurance's price. Additionally, you may evaluate how the addition of Selective Insurance to your portfolios can decrease your overall portfolio volatility.
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Commodity Directory Find actively traded commodities issued by global exchanges |