Cincinnati Financial Stock Market Value
| CINF Stock | USD 154.85 0.00 0.00% |
| Symbol | Cincinnati |
Cincinnati Financial 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 Cincinnati Financial. If investors know Cincinnati 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 Cincinnati Financial 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 (0.41) | Dividend Share 3.18 | Earnings Share 19.45 | Revenue Per Share 77.606 | Quarterly Revenue Growth 0.833 |
The market value of Cincinnati Financial is measured differently than its book value, which is the value of Cincinnati that is recorded on the company's balance sheet. Investors also form their own opinion of Cincinnati Financial's value that differs from its market value or its book value, called intrinsic value, which is Cincinnati Financial'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 Cincinnati Financial's market value can be influenced by many factors that don't directly affect Cincinnati Financial'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 Cincinnati Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cincinnati Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cincinnati Financial'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.
Cincinnati Financial '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 Cincinnati Financial'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 Cincinnati Financial.
| 05/26/2024 |
| 11/22/2024 |
If you would invest 0.00 in Cincinnati Financial on May 26, 2024 and sell it all today you would earn a total of 0.00 from holding Cincinnati Financial or generate 0.0% return on investment in Cincinnati Financial over 180 days. Cincinnati Financial is related to or competes with Small Cap, FitLife Brands,, Mutual Of, Gfl Environmental, Spring Valley, Valic Company, and Gold Fields. Cincinnati Financial Corporation, together with its subsidiaries, provides property casualty insurance products in the U... More
Cincinnati Financial 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 Cincinnati Financial'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 Cincinnati Financial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.34 | |||
| Information Ratio | 0.1056 | |||
| Maximum Drawdown | 8.34 | |||
| Value At Risk | (1.75) | |||
| Potential Upside | 2.2 |
Cincinnati Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cincinnati Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cincinnati Financial's standard deviation. In reality, there are many statistical measures that can use Cincinnati Financial historical prices to predict the future Cincinnati Financial's volatility.| Risk Adjusted Performance | 0.1351 | |||
| Jensen Alpha | 0.1347 | |||
| Total Risk Alpha | 0.0744 | |||
| Sortino Ratio | 0.1111 | |||
| Treynor Ratio | 0.2008 |
Cincinnati Financial Backtested Returns
Cincinnati Financial appears to be very steady, given 3 months investment horizon. Cincinnati Financial 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-eight technical indicators for Cincinnati Financial, which you can use to evaluate the volatility of the firm. Please makes use of Cincinnati Financial's Mean Deviation of 0.9513, risk adjusted performance of 0.1351, and Downside Deviation of 1.34 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Cincinnati Financial holds a performance score of 14. The firm shows a Beta (market volatility) of 1.17, 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, Cincinnati Financial will likely underperform. Please check Cincinnati Financial's sortino ratio, skewness, relative strength index, as well as the relationship between the potential upside and day median price , to make a quick decision on whether Cincinnati Financial's price patterns will revert.
Auto-correlation | 0.82 |
Very good predictability
Cincinnati Financial has very good predictability. Overlapping area represents the amount of predictability between Cincinnati Financial 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 Cincinnati Financial price movement. The serial correlation of 0.82 indicates that around 82.0% of current Cincinnati Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 36.14 |
Cincinnati Financial lagged returns against current returns
Autocorrelation, which is Cincinnati Financial 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 Cincinnati Financial's stock expected returns. We can calculate the autocorrelation of Cincinnati Financial returns to help us make a trade decision. For example, suppose you find that Cincinnati Financial 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 |
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Cincinnati Financial 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 Cincinnati Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cincinnati Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cincinnati Financial stock over time.
Current vs Lagged Prices |
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Cincinnati Financial Lagged Returns
When evaluating Cincinnati Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cincinnati Financial stock have on its future price. Cincinnati Financial 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, Cincinnati Financial autocorrelation shows the relationship between Cincinnati Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Cincinnati Financial.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether Cincinnati Financial is a strong investment it is important to analyze Cincinnati Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cincinnati Financial's future performance. For an informed investment choice regarding Cincinnati Stock, refer to the following important reports:Check out Cincinnati Financial Correlation, Cincinnati Financial Volatility and Cincinnati Financial Alpha and Beta module to complement your research on Cincinnati Financial. For more detail on how to invest in Cincinnati Stock please use our How to Invest in Cincinnati Financial guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Cincinnati Financial 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.