Assurant Stock Odds of Future Stock Price Finishing Over 212.27
| AIZ Stock | USD 212.27 3.83 1.84% |
Assurant |
Assurant Target Price Odds to finish over 212.27
The tendency of Assurant Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 212.27 | 90 days | 212.27 | about 30.45 |
Based on a normal probability distribution, the odds of Assurant to move above the current price in 90 days from now is about 30.45 (This Assurant probability density function shows the probability of Assurant Stock to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.31 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Assurant will likely underperform. Additionally Assurant has an alpha of 0.1134, implying that it can generate a 0.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Assurant Price Density |
| Price |
Predictive Modules for Assurant
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Assurant. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Assurant Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Assurant is not an exception. The market had few large corrections towards the Assurant's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Assurant, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Assurant within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | 1.31 | |
σ | Overall volatility | 13.12 | |
Ir | Information ratio | 0.08 |
Assurant Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Assurant for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Assurant can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Assurant is unlikely to experience financial distress in the next 2 years | |
| Assurant has 2.08 B in debt with debt to equity (D/E) ratio of 0.52, which is OK given its current industry classification. Assurant has a current ratio of 0.43, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Assurant to invest in growth at high rates of return. | |
| Over 99.0% of Assurant shares are held by institutions such as insurance companies | |
| Latest headline from zacks.com: RDN Stock Trading at Discount to Industry at 1.02X Time to Buy |
Assurant Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Assurant Stock often depends not only on the future outlook of the current and potential Assurant's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Assurant's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 53.8 M | |
| Cash And Short Term Investments | 8.5 B |
Assurant Technical Analysis
Assurant's future price can be derived by breaking down and analyzing its technical indicators over time. Assurant Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Assurant. In general, you should focus on analyzing Assurant Stock price patterns and their correlations with different microeconomic environments and drivers.
Assurant Predictive Forecast Models
Assurant's time-series forecasting models is one of many Assurant's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Assurant's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Assurant
Checking the ongoing alerts about Assurant for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Assurant help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Assurant is unlikely to experience financial distress in the next 2 years | |
| Assurant has 2.08 B in debt with debt to equity (D/E) ratio of 0.52, which is OK given its current industry classification. Assurant has a current ratio of 0.43, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Assurant to invest in growth at high rates of return. | |
| Over 99.0% of Assurant shares are held by institutions such as insurance companies | |
| Latest headline from zacks.com: RDN Stock Trading at Discount to Industry at 1.02X Time to Buy |
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.