Assurant Stock Market Value

AIZ Stock  USD 225.22  4.37  1.98%   
Assurant's market value is the price at which a share of Assurant trades on a public exchange. It measures the collective expectations of Assurant investors about its performance. Assurant is trading at 225.22 as of the 22nd of November 2024; that is 1.98 percent increase since the beginning of the trading day. The stock's open price was 220.85.
With this module, you can estimate the performance of a buy and hold strategy of Assurant and determine expected loss or profit from investing in Assurant over a given investment horizon. Check out Assurant Correlation, Assurant Volatility and Assurant Alpha and Beta module to complement your research on Assurant.
For more information on how to buy Assurant Stock please use our How to Invest in Assurant guide.
Symbol

Assurant Price To Book Ratio

Is Multi-line 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 Assurant. If investors know Assurant 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 Assurant listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.28)
Dividend Share
2.88
Earnings Share
14
Revenue Per Share
223.621
Quarterly Revenue Growth
0.07
The market value of Assurant is measured differently than its book value, which is the value of Assurant that is recorded on the company's balance sheet. Investors also form their own opinion of Assurant's value that differs from its market value or its book value, called intrinsic value, which is Assurant'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 Assurant's market value can be influenced by many factors that don't directly affect Assurant'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 Assurant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Assurant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Assurant'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.

Assurant '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 Assurant'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 Assurant.
0.00
05/26/2024
No Change 0.00  0.0 
In 5 months and 29 days
11/22/2024
0.00
If you would invest  0.00  in Assurant on May 26, 2024 and sell it all today you would earn a total of 0.00 from holding Assurant or generate 0.0% return on investment in Assurant over 180 days. Assurant is related to or competes with MBIA, NMI Holdings, Employers Holdings, James River, ICC Holdings, Radian, and Ambac Financial. Assurant, Inc., together with its subsidiaries, provides lifestyle and housing solutions that support, protect, and conn... More

Assurant 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 Assurant'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 Assurant upside and downside potential and time the market with a certain degree of confidence.

Assurant Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Assurant's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Assurant's standard deviation. In reality, there are many statistical measures that can use Assurant historical prices to predict the future Assurant's volatility.
Hype
Prediction
LowEstimatedHigh
202.70227.70229.12
Details
Intrinsic
Valuation
LowRealHigh
210.43211.85247.74
Details
Naive
Forecast
LowNextHigh
226.19227.61229.03
Details
6 Analysts
Consensus
LowTargetHigh
153.43168.60187.15
Details

Assurant Backtested Returns

Assurant appears to be very steady, given 3 months investment horizon. Assurant secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Assurant, which you can use to evaluate the volatility of the firm. Please makes use of Assurant's Risk Adjusted Performance of 0.1368, mean deviation of 0.8682, and Downside Deviation of 1.46 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Assurant holds a performance score of 14. The firm shows a Beta (market volatility) of 1.18, 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, Assurant will likely underperform. Please check Assurant's expected short fall, and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Assurant's price patterns will revert.

Auto-correlation

    
  0.85  

Very good predictability

Assurant has very good predictability. Overlapping area represents the amount of predictability between Assurant time series from 26th of May 2024 to 24th of August 2024 and 24th of August 2024 to 22nd 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 Assurant price movement. The serial correlation of 0.85 indicates that around 85.0% of current Assurant price fluctuation can be explain by its past prices.
Correlation Coefficient0.85
Spearman Rank Test0.5
Residual Average0.0
Price Variance79.2

Assurant lagged returns against current returns

Autocorrelation, which is Assurant 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 Assurant's stock expected returns. We can calculate the autocorrelation of Assurant returns to help us make a trade decision. For example, suppose you find that Assurant 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  

Assurant 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 Assurant stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Assurant stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Assurant stock over time.
   Current vs Lagged Prices   
       Timeline  

Assurant Lagged Returns

When evaluating Assurant's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Assurant stock have on its future price. Assurant 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, Assurant autocorrelation shows the relationship between Assurant stock current value and its past values and can show if there is a momentum factor associated with investing in Assurant.
   Regressed Prices   
       Timeline  

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Additional Tools for Assurant Stock Analysis

When running Assurant's price analysis, check to measure Assurant'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 Assurant is operating at the current time. Most of Assurant's value examination focuses on studying past and present price action to predict the probability of Assurant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Assurant's price. Additionally, you may evaluate how the addition of Assurant to your portfolios can decrease your overall portfolio volatility.