Global Indemnity Plc Stock Market Value
| GBLI Stock | USD 36.37 0.38 1.06% |
| Symbol | Global |
Global Indemnity PLC 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 Global Indemnity. If investors know Global 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 Global Indemnity 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 0.673 | Dividend Share 1.3 | Earnings Share 2.94 | Revenue Per Share 32.539 | Quarterly Revenue Growth (0.11) |
The market value of Global Indemnity PLC is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global Indemnity's value that differs from its market value or its book value, called intrinsic value, which is Global Indemnity'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 Global Indemnity's market value can be influenced by many factors that don't directly affect Global Indemnity'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 Global Indemnity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Indemnity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Indemnity'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.
Global Indemnity '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 Global Indemnity'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 Global Indemnity.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Global Indemnity on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Global Indemnity PLC or generate 0.0% return on investment in Global Indemnity over 720 days. Global Indemnity is related to or competes with Selective Insurance, Kemper, Donegal Group, Argo Group, Horace Mann, Stewart Information, and RLI Corp. Global Indemnity Group, LLC, through its subsidiaries, provides specialty property and casualty insurance and reinsuranc... More
Global Indemnity 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 Global Indemnity'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 Global Indemnity PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.6 | |||
| Information Ratio | 0.0691 | |||
| Maximum Drawdown | 7.14 | |||
| Value At Risk | (1.97) | |||
| Potential Upside | 2.91 |
Global Indemnity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Indemnity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Global Indemnity's standard deviation. In reality, there are many statistical measures that can use Global Indemnity historical prices to predict the future Global Indemnity's volatility.| Risk Adjusted Performance | 0.1236 | |||
| Jensen Alpha | 0.1747 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0629 | |||
| Treynor Ratio | 0.6013 |
Global Indemnity PLC Backtested Returns
Global Indemnity is out of control given 3 months investment horizon. Global Indemnity PLC holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We were able to break down and interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 14.51% are justified by taking the suggested risk. Use Global Indemnity PLC Market Risk Adjusted Performance of 0.6113, downside deviation of 1.6, and Risk Adjusted Performance of 0.1236 to evaluate company specific risk that cannot be diversified away. Global Indemnity holds a performance score of 9 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 0.36, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Global Indemnity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Global Indemnity is expected to be smaller as well. Use Global Indemnity PLC treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to analyze future returns on Global Indemnity PLC.
Auto-correlation | 0.37 |
Below average predictability
Global Indemnity PLC has below average predictability. Overlapping area represents the amount of predictability between Global Indemnity time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 Global Indemnity PLC price movement. The serial correlation of 0.37 indicates that just about 37.0% of current Global Indemnity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 7.69 |
Global Indemnity PLC lagged returns against current returns
Autocorrelation, which is Global Indemnity 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 Global Indemnity's stock expected returns. We can calculate the autocorrelation of Global Indemnity returns to help us make a trade decision. For example, suppose you find that Global Indemnity 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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Global Indemnity 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 Global Indemnity stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Global Indemnity stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Global Indemnity stock over time.
Current vs Lagged Prices |
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Global Indemnity Lagged Returns
When evaluating Global Indemnity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Global Indemnity stock have on its future price. Global Indemnity 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, Global Indemnity autocorrelation shows the relationship between Global Indemnity stock current value and its past values and can show if there is a momentum factor associated with investing in Global Indemnity PLC.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether Global Indemnity PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Global Indemnity's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Global Indemnity Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Global Indemnity Plc Stock:Check out Global Indemnity Correlation, Global Indemnity Volatility and Global Indemnity Alpha and Beta module to complement your research on Global Indemnity. 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.
Global Indemnity 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.