Selective Change To Netincome from 2010 to 2024

SIGI Stock  USD 95.30  2.21  2.27%   
Selective Insurance's Change To Netincome is decreasing with slightly volatile movements from year to year. Change To Netincome is predicted to flatten to about 55.9 M. For the period between 2010 and 2024, Selective Insurance, Change To Netincome quarterly trend regression had median of  55,943,138 and r-value of (0.39). View All Fundamentals
 
Change To Netincome  
First Reported
2000-03-31
Previous Quarter
-2.3 M
Current Value
3.8 M
Quarterly Volatility
30.7 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Selective Insurance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Selective Insurance's main balance sheet or income statement drivers, such as Interest Expense of 16.9 M, Total Revenue of 96.1 M or Gross Profit of 87 M, as well as many indicators such as Price To Sales Ratio of 64.57, Dividend Yield of 0.0127 or PTB Ratio of 2.21. Selective financial statements analysis is a perfect complement when working with Selective Insurance Valuation or Volatility modules.
  
Check out the analysis of Selective Insurance Correlation against competitors.

Latest Selective Insurance's Change To Netincome Growth Pattern

Below is the plot of the Change To Netincome of Selective Insurance Group over the last few years. It is Selective Insurance's Change To Netincome historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Selective Insurance's overall financial position and show how it may be relating to other accounts over time.
Change To Netincome10 Years Trend
Slightly volatile
   Change To Netincome   
       Timeline  

Selective Change To Netincome Regression Statistics

Arithmetic Mean77,901,796
Coefficient Of Variation121.15
Mean Deviation79,653,097
Median55,943,138
Standard Deviation94,381,620
Sample Variance8907.9T
Range301.2M
R-Value(0.39)
Mean Square Error8154.3T
R-Squared0.15
Significance0.15
Slope(8,173,144)
Total Sum of Squares124710.5T

Selective Change To Netincome History

202455.9 M
2023108.4 M
2022120.5 M
2021-71.5 M
20208.1 M
2019-5.3 M
201846.5 M

About Selective Insurance Financial Statements

Investors use fundamental indicators, such as Selective Insurance's Change To Netincome, to determine how well the company is positioned to perform in the future. Although Selective Insurance's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Change To Netincome108.4 M55.9 M

Currently Active Assets on Macroaxis

When determining whether Selective Insurance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Selective Insurance'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 Selective Insurance Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Selective Insurance Group Stock:
Check out the analysis of Selective Insurance Correlation against competitors.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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 Selective Insurance. If investors know Selective 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 Selective Insurance 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
0.035
Dividend Share
1.4
Earnings Share
3.72
Revenue Per Share
77.534
Quarterly Revenue Growth
0.151
The market value of Selective Insurance is measured differently than its book value, which is the value of Selective that is recorded on the company's balance sheet. Investors also form their own opinion of Selective Insurance's value that differs from its market value or its book value, called intrinsic value, which is Selective Insurance'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 Selective Insurance's market value can be influenced by many factors that don't directly affect Selective Insurance'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 Selective Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Selective Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Selective Insurance'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.