Assurant Stock Market Value
| AIZ Stock | USD 227.10 0.05 0.02% |
| Symbol | Assurant |
Assurant Price To Book Ratio
Is Multi-line 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 Assurant. If investors know Assurant 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 Assurant 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 (0.28) | Dividend Share 2.88 | Earnings Share 14.01 | Revenue Per Share 223.621 | Quarterly Revenue Growth 0.07 |
The market value of Assurant is measured differently than its book value, which is the value of Assurant that is recorded on the company's balance sheet. Investors also form their own opinion of Assurant's value that differs from its market value or its book value, called intrinsic value, which is Assurant'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 Assurant's market value can be influenced by many factors that don't directly affect Assurant'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 Assurant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Assurant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Assurant'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.
Assurant '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 Assurant'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 Assurant.
| 09/01/2024 |
| 11/30/2024 |
If you would invest 0.00 in Assurant on September 1, 2024 and sell it all today you would earn a total of 0.00 from holding Assurant or generate 0.0% return on investment in Assurant over 90 days. Assurant is related to or competes with Assured Guaranty, Ambac Financial, AMERISAFE, Enact Holdings, Essent, MGIC Investment, and James River. Assurant, Inc., together with its subsidiaries, provides lifestyle and housing solutions that support, protect, and conn... More
Assurant 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 Assurant'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 Assurant upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.54 | |||
| Information Ratio | 0.083 | |||
| Maximum Drawdown | 7.97 | |||
| Value At Risk | (1.58) | |||
| Potential Upside | 1.72 |
Assurant Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Assurant's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Assurant's standard deviation. In reality, there are many statistical measures that can use Assurant historical prices to predict the future Assurant's volatility.| Risk Adjusted Performance | 0.143 | |||
| Jensen Alpha | 0.0952 | |||
| Total Risk Alpha | 0.0098 | |||
| Sortino Ratio | 0.0757 | |||
| Treynor Ratio | 0.2091 |
Assurant Backtested Returns
Assurant appears to be very steady, given 3 months investment horizon. Assurant secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Assurant, which you can use to evaluate the volatility of the firm. Please makes use of Assurant's Risk Adjusted Performance of 0.143, mean deviation of 0.8766, and Downside Deviation of 1.54 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Assurant holds a performance score of 13. 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, Assurant will likely underperform. Please check Assurant's expected short fall, and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Assurant's price patterns will revert.
Auto-correlation | -0.01 |
Very weak reverse predictability
Assurant has very weak reverse predictability. Overlapping area represents the amount of predictability between Assurant time series from 1st of September 2024 to 16th of October 2024 and 16th of October 2024 to 30th 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 Assurant price movement. The serial correlation of -0.01 indicates that just 1.0% of current Assurant price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 181.47 |
Assurant lagged returns against current returns
Autocorrelation, which is Assurant 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 Assurant's stock expected returns. We can calculate the autocorrelation of Assurant returns to help us make a trade decision. For example, suppose you find that Assurant 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 |
Assurant 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 Assurant stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Assurant stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Assurant stock over time.
Current vs Lagged Prices |
| Timeline |
Assurant Lagged Returns
When evaluating Assurant's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Assurant stock have on its future price. Assurant 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, Assurant autocorrelation shows the relationship between Assurant stock current value and its past values and can show if there is a momentum factor associated with investing in Assurant.
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 Assurant Stock Analysis
When running Assurant's price analysis, check to measure Assurant'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 Assurant is operating at the current time. Most of Assurant's value examination focuses on studying past and present price action to predict the probability of Assurant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Assurant's price. Additionally, you may evaluate how the addition of Assurant to your portfolios can decrease your overall portfolio volatility.