Safety Insurance Group Stock Probability of Future Stock Price Finishing Under 83.52
| SAFT Stock | USD 82.46 0.07 0.08% |
Closest to current price Safety long PUT Option Payoff at Expiration
Safety |
Safety Insurance Target Price Odds to finish below 83.52
The tendency of Safety 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 stay under $ 83.52 after 90 days |
| 82.46 | 90 days | 83.52 | about 67.31 |
Based on a normal probability distribution, the odds of Safety Insurance to stay under $ 83.52 after 90 days from now is about 67.31 (This Safety Insurance Group probability density function shows the probability of Safety Stock to fall within a particular range of prices over 90 days) . Probability of Safety Insurance price to stay between its current price of $ 82.46 and $ 83.52 at the end of the 90-day period is about 15.1 .
Given the investment horizon of 90 days Safety Insurance has a beta of 0.13. This usually implies as returns on the market go up, Safety Insurance average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Safety Insurance Group will be expected to be much smaller as well. Additionally Safety Insurance Group has an alpha of 0.0352, implying that it can generate a 0.0352 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Safety Insurance Price Density |
| Price |
Predictive Modules for Safety Insurance
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Safety Insurance. 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.Safety Insurance Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Safety Insurance is not an exception. The market had few large corrections towards the Safety Insurance'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 Safety Insurance Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Safety Insurance within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 0.13 | |
σ | Overall volatility | 2.69 | |
Ir | Information ratio | 0.01 |
Safety Insurance 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 Safety Insurance for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Safety Insurance can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Safety Insurance Group currently holds 49.76 M in liabilities with Debt to Equity (D/E) ratio of 0.07, which may suggest the company is not taking enough advantage from borrowing. Safety Insurance has a current ratio of 0.36, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Safety Insurance's use of debt, we should always consider it together with its cash and equity. | |
| Safety Insurance has a poor financial position based on the latest SEC disclosures | |
| Over 84.0% of Safety Insurance shares are owned by institutional investors | |
| On 13th of December 2024 Safety Insurance paid $ 0.9 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Safety Insurance Group, Inc. is favoured by institutional owners who hold 84 percent of the company |
Safety Insurance 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 Safety Stock often depends not only on the future outlook of the current and potential Safety Insurance'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. Safety Insurance's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 14.7 M | |
| Cash And Short Term Investments | 517.6 M |
Safety Insurance Technical Analysis
Safety Insurance's future price can be derived by breaking down and analyzing its technical indicators over time. Safety Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Safety Insurance Group. In general, you should focus on analyzing Safety Stock price patterns and their correlations with different microeconomic environments and drivers.
Safety Insurance Predictive Forecast Models
Safety Insurance's time-series forecasting models is one of many Safety Insurance'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 Safety Insurance'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 Safety Insurance
Checking the ongoing alerts about Safety Insurance for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Safety Insurance help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Safety Insurance Group currently holds 49.76 M in liabilities with Debt to Equity (D/E) ratio of 0.07, which may suggest the company is not taking enough advantage from borrowing. Safety Insurance has a current ratio of 0.36, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Safety Insurance's use of debt, we should always consider it together with its cash and equity. | |
| Safety Insurance has a poor financial position based on the latest SEC disclosures | |
| Over 84.0% of Safety Insurance shares are owned by institutional investors | |
| On 13th of December 2024 Safety Insurance paid $ 0.9 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Safety Insurance Group, Inc. is favoured by institutional owners who hold 84 percent of the company |
Additional Tools for Safety Stock Analysis
When running Safety Insurance's price analysis, check to measure Safety Insurance'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 Safety Insurance is operating at the current time. Most of Safety Insurance's value examination focuses on studying past and present price action to predict the probability of Safety Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Safety Insurance's price. Additionally, you may evaluate how the addition of Safety Insurance to your portfolios can decrease your overall portfolio volatility.