American Coastal Insurance Stock Market Value
| ACIC Stock | USD 13.73 0.09 0.66% |
| Symbol | American |
American Coastal Ins Price To Book Ratio
Is Property & Casualty 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 American Coastal. If investors know American 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 American Coastal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 1.74 | Revenue Per Share 6.188 | Quarterly Revenue Growth (0.23) | Return On Assets 0.0641 | Return On Equity 0.4462 |
The market value of American Coastal Ins is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Coastal's value that differs from its market value or its book value, called intrinsic value, which is American Coastal'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 American Coastal's market value can be influenced by many factors that don't directly affect American Coastal'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 American Coastal's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Coastal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Coastal'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.
American Coastal 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to American Coastal's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of American Coastal.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in American Coastal on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding American Coastal Insurance or generate 0.0% return on investment in American Coastal over 30 days. American Coastal is related to or competes with Selective Insurance, Thrivent High, Morningstar Unconstrained, Via Renewables, T Rowe, 70082LAB3, and Sitka Gold. Atlas Crest Investment Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, r... More
American Coastal Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure American Coastal's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess American Coastal Insurance upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.55 | |||
| Information Ratio | 0.0667 | |||
| Maximum Drawdown | 27.18 | |||
| Value At Risk | (3.10) | |||
| Potential Upside | 5.73 |
American Coastal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for American Coastal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as American Coastal's standard deviation. In reality, there are many statistical measures that can use American Coastal historical prices to predict the future American Coastal's volatility.| Risk Adjusted Performance | 0.0843 | |||
| Jensen Alpha | 0.2178 | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | 0.0786 | |||
| Treynor Ratio | 0.2745 |
American Coastal Ins Backtested Returns
American Coastal appears to be unstable, given 3 months investment horizon. American Coastal Ins secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the company had a 0.1% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for American Coastal Insurance, which you can use to evaluate the volatility of the firm. Please makes use of American Coastal's risk adjusted performance of 0.0843, and Mean Deviation of 2.48 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, American Coastal holds a performance score of 8. The firm shows a Beta (market volatility) of 1.48, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, American Coastal will likely underperform. Please check American Coastal's jensen alpha, maximum drawdown, and the relationship between the coefficient of variation and sortino ratio , to make a quick decision on whether American Coastal's price patterns will revert.
Auto-correlation | 0.76 |
Good predictability
American Coastal Insurance has good predictability. Overlapping area represents the amount of predictability between American Coastal time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of American Coastal Ins price movement. The serial correlation of 0.76 indicates that around 76.0% of current American Coastal price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| Spearman Rank Test | 0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
American Coastal Ins lagged returns against current returns
Autocorrelation, which is American Coastal stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting American Coastal's stock expected returns. We can calculate the autocorrelation of American Coastal returns to help us make a trade decision. For example, suppose you find that American Coastal has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
American Coastal regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If American Coastal stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if American Coastal stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in American Coastal stock over time.
Current vs Lagged Prices |
| Timeline |
American Coastal Lagged Returns
When evaluating American Coastal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of American Coastal stock have on its future price. American Coastal autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, American Coastal autocorrelation shows the relationship between American Coastal stock current value and its past values and can show if there is a momentum factor associated with investing in American Coastal Insurance.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether American Coastal Ins offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of American Coastal's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of American Coastal Insurance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on American Coastal Insurance Stock:Check out American Coastal Correlation, American Coastal Volatility and American Coastal Alpha and Beta module to complement your research on American Coastal. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
American Coastal 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.