Employers Holdings Stock Market Value
| EIG Stock | USD 53.30 0.05 0.09% |
| Symbol | Employers |
Employers Holdings 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 Employers Holdings. If investors know Employers 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 Employers Holdings 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 1.246 | Dividend Share 1.16 | Earnings Share 5.31 | Revenue Per Share 35.199 | Quarterly Revenue Growth 0.101 |
The market value of Employers Holdings is measured differently than its book value, which is the value of Employers that is recorded on the company's balance sheet. Investors also form their own opinion of Employers Holdings' value that differs from its market value or its book value, called intrinsic value, which is Employers Holdings' 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 Employers Holdings' market value can be influenced by many factors that don't directly affect Employers Holdings' 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 Employers Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Employers Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Employers Holdings' 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.
Employers Holdings '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 Employers Holdings' 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 Employers Holdings.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Employers Holdings on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Employers Holdings or generate 0.0% return on investment in Employers Holdings over 30 days. Employers Holdings is related to or competes with ICC Holdings, AMERISAFE, NMI Holdings, Investors Title, James River, Essent, and Ambac Financial. Employers Holdings, Inc., through its subsidiaries, operates in the commercial property and casualty insurance industry ... More
Employers Holdings 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 Employers Holdings' 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 Employers Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.2 | |||
| Information Ratio | 0.0441 | |||
| Maximum Drawdown | 11.24 | |||
| Value At Risk | (1.95) | |||
| Potential Upside | 2.46 |
Employers Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Employers Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Employers Holdings' standard deviation. In reality, there are many statistical measures that can use Employers Holdings historical prices to predict the future Employers Holdings' volatility.| Risk Adjusted Performance | 0.0999 | |||
| Jensen Alpha | 0.0479 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0592 | |||
| Treynor Ratio | 0.1587 |
Employers Holdings Backtested Returns
Employers Holdings appears to be very steady, given 3 months investment horizon. Employers Holdings secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Employers Holdings, which you can use to evaluate the volatility of the firm. Please utilize Employers Holdings' Coefficient Of Variation of 807.21, mean deviation of 1.02, and Downside Deviation of 1.2 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Employers Holdings holds a performance score of 9. The firm shows a Beta (market volatility) of 1.2, which means 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, Employers Holdings will likely underperform. Please check Employers Holdings' semi variance, rate of daily change, and the relationship between the value at risk and kurtosis , to make a quick decision on whether Employers Holdings' price patterns will revert.
Auto-correlation | -0.23 |
Weak reverse predictability
Employers Holdings has weak reverse predictability. Overlapping area represents the amount of predictability between Employers Holdings time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Employers Holdings price movement. The serial correlation of -0.23 indicates that over 23.0% of current Employers Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Employers Holdings lagged returns against current returns
Autocorrelation, which is Employers Holdings 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 Employers Holdings' stock expected returns. We can calculate the autocorrelation of Employers Holdings returns to help us make a trade decision. For example, suppose you find that Employers Holdings 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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Employers Holdings 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 Employers Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Employers Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Employers Holdings stock over time.
Current vs Lagged Prices |
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Employers Holdings Lagged Returns
When evaluating Employers Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Employers Holdings stock have on its future price. Employers Holdings 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, Employers Holdings autocorrelation shows the relationship between Employers Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Employers Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Employers Holdings is a strong investment it is important to analyze Employers Holdings' 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 Employers Holdings' future performance. For an informed investment choice regarding Employers Stock, refer to the following important reports:Check out Employers Holdings Correlation, Employers Holdings Volatility and Employers Holdings Alpha and Beta module to complement your research on Employers Holdings. For more detail on how to invest in Employers Stock please use our How to Invest in Employers Holdings guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Employers Holdings 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.