Old Republic International Stock Market Value
| ORI Stock | USD 38.99 0.19 0.49% |
| Symbol | Old |
Old Republic Interna 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 Old Republic. If investors know Old 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 Old Republic 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 5.952 | Dividend Share 1.04 | Earnings Share 3.49 | Revenue Per Share 30.853 | Quarterly Revenue Growth 0.33 |
The market value of Old Republic Interna is measured differently than its book value, which is the value of Old that is recorded on the company's balance sheet. Investors also form their own opinion of Old Republic's value that differs from its market value or its book value, called intrinsic value, which is Old Republic'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 Old Republic's market value can be influenced by many factors that don't directly affect Old Republic'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 Old Republic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old Republic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old Republic'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.
Old Republic '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 Old Republic'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 Old Republic.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Old Republic on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Old Republic International or generate 0.0% return on investment in Old Republic over 720 days. Old Republic is related to or competes with Global Indemnity, Erie Indemnity, AMERISAFE, and Diamond Hill. Old Republic International Corporation, through its subsidiaries, engages in the insurance underwriting and related serv... More
Old Republic 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 Old Republic'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 Old Republic International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.18 | |||
| Information Ratio | 0.0298 | |||
| Maximum Drawdown | 5.39 | |||
| Value At Risk | (1.52) | |||
| Potential Upside | 1.48 |
Old Republic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Old Republic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Old Republic's standard deviation. In reality, there are many statistical measures that can use Old Republic historical prices to predict the future Old Republic's volatility.| Risk Adjusted Performance | 0.1168 | |||
| Jensen Alpha | 0.1285 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0278 | |||
| Treynor Ratio | 0.7495 |
Old Republic Interna Backtested Returns
Old Republic is very steady at the moment. Old Republic Interna maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Old Republic Interna, which you can use to evaluate the volatility of the company. Please check Old Republic's Risk Adjusted Performance of 0.1168, semi deviation of 0.9635, and Coefficient Of Variation of 671.77 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. Old Republic has a performance score of 10 on a scale of 0 to 100. The company holds a Beta of 0.2, which implies not very significant fluctuations relative to the market. As returns on the market increase, Old Republic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Old Republic is expected to be smaller as well. Old Republic Interna right now holds a risk of 1.12%. Please check Old Republic Interna value at risk, and the relationship between the jensen alpha and skewness , to decide if Old Republic Interna will be following its historical price patterns.
Auto-correlation | 0.85 |
Very good predictability
Old Republic International has very good predictability. Overlapping area represents the amount of predictability between Old Republic 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 Old Republic Interna price movement. The serial correlation of 0.85 indicates that around 85.0% of current Old Republic price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 9.54 |
Old Republic Interna lagged returns against current returns
Autocorrelation, which is Old Republic 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 Old Republic's stock expected returns. We can calculate the autocorrelation of Old Republic returns to help us make a trade decision. For example, suppose you find that Old Republic 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 |
Old Republic 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 Old Republic stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Old Republic stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Old Republic stock over time.
Current vs Lagged Prices |
| Timeline |
Old Republic Lagged Returns
When evaluating Old Republic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Old Republic stock have on its future price. Old Republic 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, Old Republic autocorrelation shows the relationship between Old Republic stock current value and its past values and can show if there is a momentum factor associated with investing in Old Republic International.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Old Republic Interna offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Old Republic'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 Old Republic International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Old Republic International Stock:Check out Old Republic Correlation, Old Republic Volatility and Old Republic Alpha and Beta module to complement your research on Old Republic. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Old Republic 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.