Bowhead Specialty Holdings Stock Market Value
| BOW Stock | 36.16 0.09 0.25% |
| Symbol | Bowhead |
Bowhead Specialty Company Valuation
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 Bowhead Specialty. If investors know Bowhead 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 Bowhead Specialty 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 (0.26) | Earnings Share 0.79 | Revenue Per Share 13.988 | Quarterly Revenue Growth 0.511 |
The market value of Bowhead Specialty is measured differently than its book value, which is the value of Bowhead that is recorded on the company's balance sheet. Investors also form their own opinion of Bowhead Specialty's value that differs from its market value or its book value, called intrinsic value, which is Bowhead Specialty'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 Bowhead Specialty's market value can be influenced by many factors that don't directly affect Bowhead Specialty'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 Bowhead Specialty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bowhead Specialty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bowhead Specialty'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.
Bowhead Specialty '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 Bowhead Specialty'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 Bowhead Specialty.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Bowhead Specialty on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Bowhead Specialty Holdings or generate 0.0% return on investment in Bowhead Specialty over 30 days. Bowhead Specialty is related to or competes with Axa Equitable, American International, Arch Capital, Sun Life, Hartford Financial, Goosehead Insurance, and International General. Bowhead Specialty is entity of United States More
Bowhead Specialty 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 Bowhead Specialty'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 Bowhead Specialty Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.87 | |||
| Information Ratio | 0.0708 | |||
| Maximum Drawdown | 9.35 | |||
| Value At Risk | (3.06) | |||
| Potential Upside | 4.57 |
Bowhead Specialty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bowhead Specialty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bowhead Specialty's standard deviation. In reality, there are many statistical measures that can use Bowhead Specialty historical prices to predict the future Bowhead Specialty's volatility.| Risk Adjusted Performance | 0.106 | |||
| Jensen Alpha | 0.1999 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.08 | |||
| Treynor Ratio | 0.4684 |
Bowhead Specialty Backtested Returns
Bowhead Specialty appears to be very steady, given 3 months investment horizon. Bowhead Specialty secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Bowhead Specialty Holdings, which you can use to evaluate the volatility of the firm. Please makes use of Bowhead Specialty's Mean Deviation of 1.63, downside deviation of 1.87, and Risk Adjusted Performance of 0.106 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bowhead Specialty holds a performance score of 9. The firm shows a Beta (market volatility) of 0.57, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bowhead Specialty's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bowhead Specialty is expected to be smaller as well. Please check Bowhead Specialty's potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether Bowhead Specialty's price patterns will revert.
Auto-correlation | 0.89 |
Very good predictability
Bowhead Specialty Holdings has very good predictability. Overlapping area represents the amount of predictability between Bowhead Specialty time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Bowhead Specialty price movement. The serial correlation of 0.89 indicates that approximately 89.0% of current Bowhead Specialty price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.89 | |
| Spearman Rank Test | 0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 1.28 |
Bowhead Specialty lagged returns against current returns
Autocorrelation, which is Bowhead Specialty 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 Bowhead Specialty's stock expected returns. We can calculate the autocorrelation of Bowhead Specialty returns to help us make a trade decision. For example, suppose you find that Bowhead Specialty 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 |
Bowhead Specialty 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 Bowhead Specialty stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bowhead Specialty stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bowhead Specialty stock over time.
Current vs Lagged Prices |
| Timeline |
Bowhead Specialty Lagged Returns
When evaluating Bowhead Specialty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bowhead Specialty stock have on its future price. Bowhead Specialty 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, Bowhead Specialty autocorrelation shows the relationship between Bowhead Specialty stock current value and its past values and can show if there is a momentum factor associated with investing in Bowhead Specialty Holdings.
Regressed Prices |
| Timeline |
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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.Additional Tools for Bowhead Stock Analysis
When running Bowhead Specialty's price analysis, check to measure Bowhead Specialty'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 Bowhead Specialty is operating at the current time. Most of Bowhead Specialty's value examination focuses on studying past and present price action to predict the probability of Bowhead Specialty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bowhead Specialty's price. Additionally, you may evaluate how the addition of Bowhead Specialty to your portfolios can decrease your overall portfolio volatility.