Chubb Stock Market Value
| CB Stock | USD 285.11 2.27 0.80% |
| Symbol | Chubb |
Chubb 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 Chubb. If investors know Chubb 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 Chubb 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 0.152 | Dividend Share 3.54 | Earnings Share 24.38 | Revenue Per Share 134.95 | Quarterly Revenue Growth 0.078 |
The market value of Chubb is measured differently than its book value, which is the value of Chubb that is recorded on the company's balance sheet. Investors also form their own opinion of Chubb's value that differs from its market value or its book value, called intrinsic value, which is Chubb'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 Chubb's market value can be influenced by many factors that don't directly affect Chubb'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 Chubb's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chubb is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chubb'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.
Chubb '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 Chubb'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 Chubb.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Chubb on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Chubb or generate 0.0% return on investment in Chubb over 30 days. Chubb is related to or competes with Cincinnati Financial, Aflac Incorporated, Dover, Franklin Resources, and Air Products. Chubb Limited provides insurance and reinsurance products worldwide More
Chubb 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 Chubb'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 Chubb upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.29 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 6.25 | |||
| Value At Risk | (1.78) | |||
| Potential Upside | 1.49 |
Chubb Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chubb's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Chubb's standard deviation. In reality, there are many statistical measures that can use Chubb historical prices to predict the future Chubb's volatility.| Risk Adjusted Performance | 0.0583 | |||
| Jensen Alpha | 0.0139 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1233 |
Chubb Backtested Returns
At this point, Chubb is very steady. Chubb secures Sharpe Ratio (or Efficiency) of 0.056, which signifies that the company had a 0.056% return per unit of risk over the last 3 months. We have found thirty technical indicators for Chubb, which you can use to evaluate the volatility of the firm. Please confirm Chubb's Mean Deviation of 0.8406, downside deviation of 1.29, and Risk Adjusted Performance of 0.0583 to double-check if the risk estimate we provide is consistent with the expected return of 0.0643%. Chubb has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.59, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Chubb's returns are expected to increase less than the market. However, during the bear market, the loss of holding Chubb is expected to be smaller as well. Chubb right now shows a risk of 1.15%. Please confirm Chubb potential upside, skewness, and the relationship between the maximum drawdown and semi variance , to decide if Chubb will be following its price patterns.
Auto-correlation | -0.68 |
Very good reverse predictability
Chubb has very good reverse predictability. Overlapping area represents the amount of predictability between Chubb time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 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 Chubb price movement. The serial correlation of -0.68 indicates that around 68.0% of current Chubb price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.68 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 8.86 |
Chubb lagged returns against current returns
Autocorrelation, which is Chubb 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 Chubb's stock expected returns. We can calculate the autocorrelation of Chubb returns to help us make a trade decision. For example, suppose you find that Chubb 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 |
Chubb 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 Chubb stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Chubb stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Chubb stock over time.
Current vs Lagged Prices |
| Timeline |
Chubb Lagged Returns
When evaluating Chubb's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Chubb stock have on its future price. Chubb 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, Chubb autocorrelation shows the relationship between Chubb stock current value and its past values and can show if there is a momentum factor associated with investing in Chubb.
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.Check out Chubb Correlation, Chubb Volatility and Chubb Alpha and Beta module to complement your research on Chubb. For information on how to trade Chubb Stock refer to our How to Trade Chubb Stock guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Chubb 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.