Selective Insurance Group Stock Alpha and Beta Analysis
| SIGI Stock | USD 102.00 2.20 2.20% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Selective Insurance Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Selective Insurance over a specified time horizon. Remember, high Selective Insurance's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Selective Insurance's market risk premium analysis include:
Beta 1.31 | Alpha 0.0715 | Risk 1.64 | Sharpe Ratio 0.12 | Expected Return 0.2 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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Selective Insurance Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Selective Insurance market risk premium is the additional return an investor will receive from holding Selective Insurance long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Selective Insurance. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Selective Insurance's performance over market.| α | 0.07 | β | 1.31 |
Selective Insurance expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Selective Insurance's Buy-and-hold return. Our buy-and-hold chart shows how Selective Insurance performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Selective Insurance Market Price Analysis
Market price analysis 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 understating and applying Selective Insurance stock market price indicators, traders can identify Selective Insurance position entry and exit signals to maximize returns.
Selective Insurance Return and Market Media
The median price of Selective Insurance for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 92.06 with a coefficient of variation of 3.96. The daily time series for the period is distributed with a sample standard deviation of 3.7, arithmetic mean of 93.47, and mean deviation of 3.2. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Acquisition by Patrick Brennan of 12036 shares of Selective Insurance subject to Rule 16b-3 | 10/08/2024 |
2 | Selective Insurance Earnings Expected to Grow Should You Buy | 10/14/2024 |
3 | Selective Insurance Non-GAAP EPS of 1.40 misses by 0.24, revenue of 1.24B in-line | 10/21/2024 |
4 | Selective Insurance Group Inc Q3 Earnings EPS Misses at 1. ... | 10/22/2024 |
5 | Selective Insurance Group, Inc. Q3 2024 Earnings Call Transcript | 10/23/2024 |
6 | Selective insurances chief accounting officer sells 130,031 in stock | 10/25/2024 |
7 | Selective Insurance stock gains after upgrade to Outperform at BMO | 10/30/2024 |
8 | Reinsurance Group Q3 Earnings Beat Estimates on Higher Revenues | 11/01/2024 |
9 | Disposition of 1903 shares by Coaxum Wole C of Selective Insurance at 91.56 subject to Rule 16b-3 | 11/04/2024 |
10 | FMR LLCs Strategic Acquisition of Shares in Selective Insurance Group Inc | 11/13/2024 |
11 | Why Is Selective Insurance Up 4 percent Since Last Earnings Report | 11/20/2024 |
About Selective Insurance Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Selective or other stocks. Alpha measures the amount that position in Selective Insurance has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.014 | 0.0141 | 0.0133 | 0.0127 | Price To Sales Ratio | 1.47 | 1.52 | 61.5 | 64.57 |
Selective Insurance Upcoming Company Events
As portrayed in its financial statements, the presentation of Selective Insurance's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Selective Insurance's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Selective Insurance's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Selective Insurance. Please utilize our Beneish M Score to check the likelihood of Selective Insurance's management manipulating its earnings.
| 31st of January 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 31st of January 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Selective Insurance
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Selective Insurance Backtesting, Selective Insurance Valuation, Selective Insurance Correlation, Selective Insurance Hype Analysis, Selective Insurance Volatility, Selective Insurance History and analyze Selective Insurance Performance. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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.