Selective Insurance Group Stock Price on December 31, 2023

SIGI Stock  USD 102.00  2.20  2.20%   
Below is the normalized historical share price chart for Selective Insurance Group extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Selective Insurance stands at 102.00, as last reported on the 29th of November, with the highest price reaching 102.33 and the lowest price hitting 100.01 during the day.
IPO Date
26th of March 1990
200 Day MA
95.9057
50 Day MA
94.8926
Beta
0.565
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Selective Stock, it is important to understand the factors that can impact its price. Selective Insurance appears to be very steady, given 3 months investment horizon. Selective Insurance owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Selective Insurance Group, which you can use to evaluate the volatility of the company. Please review Selective Insurance's Semi Deviation of 1.17, risk adjusted performance of 0.1154, and Coefficient Of Variation of 695.64 to confirm if our risk estimates are consistent with your expectations.
  
As of now, Selective Insurance's Preferred Stock Total Equity is increasing as compared to previous years. The Selective Insurance's current Stock Based Compensation is estimated to increase to about 19.1 M, while Other Stockholder Equity is projected to decrease to (118.1 M). . As of now, Selective Insurance's Price To Book Ratio is increasing as compared to previous years. The Selective Insurance's current Price Sales Ratio is estimated to increase to 64.57, while Price Earnings Ratio is projected to decrease to 10.46. Selective Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1219

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Estimated Market Risk

 1.64
  actual daily
14
86% of assets are more volatile

Expected Return

 0.2
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.12
  actual daily
9
91% of assets perform better
Based on monthly moving average Selective Insurance is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Selective Insurance by adding it to a well-diversified portfolio.
Price Book
2.0893
Price Sales
1.3148
Shares Float
59.9 M
Dividend Share
1.4
Wall Street Target Price
102.1667

Selective Insurance Valuation on December 31, 2023

It is possible to determine the worth of Selective Insurance on a given historical date. On December 31, 2023 Selective was worth 98.36 at the beginning of the trading date compared to the closed value of 98.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Selective Insurance stock. Still, in general, we apply an absolute valuation method to find Selective Insurance's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Selective Insurance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Selective Insurance's related companies.
 Open High Low Close Volume
  97.28    98.41    97.28    98.04    143,591  
12/29/2023
  98.36    98.46    97.57    98.00    209,284  
  97.97    99.26    97.97    98.60    229,743  
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Open Value
98.36
98.0
Closing Value
103.29
Upside

Selective Insurance Trading Date Momentum on December 31, 2023

On January 02 2024 Selective Insurance Group was traded for  98.60  at the closing time. The top price for the day was 99.26  and the lowest listed price was  97.97 . The trading volume for the day was 229.7 K. The trading history from January 2, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 0.61% . The trading price change against the current closing price is 1.14% .

Selective Insurance Fundamentals Correlations and Trends

By evaluating Selective Insurance's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Selective Insurance's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Selective financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Selective Insurance Stock history

Selective Insurance investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Selective is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Selective Insurance will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Selective Insurance stock prices may prove useful in developing a viable investing in Selective Insurance
Last ReportedProjected for Next Year
Common Stock Shares Outstanding61 M61.1 M
Net Income Applicable To Common Shares248 M143.9 M

Selective Insurance Stock Technical Analysis

Selective Insurance 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.
A focus of Selective Insurance technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Selective Insurance trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Selective Insurance Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

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Selective Insurance November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Selective Insurance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Selective Insurance shares will generate the highest return on investment. By undertsting and applying Selective Insurance stock market strength indicators, traders can identify Selective Insurance Group entry and exit signals to maximize returns

Selective Insurance Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Selective Insurance's price direction in advance. Along with the technical and fundamental analysis of Selective Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Selective to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Selective Stock analysis

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