Employers Holdings Stock Price on August 30, 2024
EIG Stock | USD 49.91 0.71 1.44% |
If you're considering investing in Employers Stock, it is important to understand the factors that can impact its price. As of today, the current price of Employers Holdings stands at 49.91, as last reported on the 24th of March, with the highest price reaching 50.18 and the lowest price hitting 49.31 during the day. Employers Holdings secures Sharpe Ratio (or Efficiency) of -0.0225, which denotes the company had a -0.0225 % return per unit of risk over the last 3 months. Employers Holdings exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Employers Holdings' Mean Deviation of 0.9318, standard deviation of 1.19, and Variance of 1.42 to check the risk estimate we provide.
Employers Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Employers |
Sharpe Ratio = -0.0225
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Estimated Market Risk
1.19 actual daily | 10 90% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Employers Holdings is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Employers Holdings by adding Employers Holdings to a well-diversified portfolio.
Employers Holdings Valuation on August 30, 2024
It is possible to determine the worth of Employers Holdings on a given historical date. On August 30, 2024 Employers was worth 47.29 at the beginning of the trading date compared to the closed value of 47.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Employers Holdings stock. Still, in general, we apply an absolute valuation method to find Employers Holdings' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Employers Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Employers Holdings' related companies.
Open | High | Low | Close | Volume | |
47.58 | 47.58 | 47.05 | 47.21 | 67,753 | |
08/30/2024 | 47.29 | 47.47 | 46.95 | 47.40 | 67,724 |
47.19 | 48.06 | 47.19 | 48.04 | 121,552 |
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Employers Holdings Trading Date Momentum on August 30, 2024
On September 03 2024 Employers Holdings was traded for 48.04 at the closing time. Highest Employers Holdings's price during the trading hours was 48.06 and the lowest price during the day was 47.19 . The net volume was 121.6 K. The overall trading history on the 3rd of September contributed to the next trading period price rise. The overall trading delta to the next next day price was 1.35% . The overall trading delta to current price is 1.10% . |
Employers Holdings Fundamentals Correlations and Trends
By evaluating Employers Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Employers Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Employers financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Employers Holdings Stock history
Employers Holdings investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Employers is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Employers Holdings will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Employers Holdings stock prices may prove useful in developing a viable investing in Employers Holdings
Employers Holdings, Inc., through its subsidiaries, operates in the commercial property and casualty insurance industry primarily in the United States. Employers Holdings, Inc. was founded in 2000 and is based in Reno, Nevada. Employers Holdings operates under InsuranceSpecialty classification in the United States and is traded on New York Stock Exchange. It employs 608 people.
Employers Holdings Stock Technical Analysis
Employers Holdings 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.
Price Boundaries
Employers Holdings Period Price Range
Low | March 24, 2025
| High |
0.00 | 0.00 |
Employers Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Employers Holdings March 24, 2025 Market Strength
Market strength indicators help investors to evaluate how Employers Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Employers Holdings shares will generate the highest return on investment. By undertsting and applying Employers Holdings stock market strength indicators, traders can identify Employers Holdings entry and exit signals to maximize returns
Employers Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Employers Holdings' price direction in advance. Along with the technical and fundamental analysis of Employers Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Employers to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.02) | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | 0.0113 | |||
Treynor Ratio | 0.5284 |
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Complementary Tools for Employers Stock analysis
When running Employers Holdings' price analysis, check to measure Employers Holdings' 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 Employers Holdings is operating at the current time. Most of Employers Holdings' value examination focuses on studying past and present price action to predict the probability of Employers Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Employers Holdings' price. Additionally, you may evaluate how the addition of Employers Holdings to your portfolios can decrease your overall portfolio volatility.
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