Erie Indemnity Stock Price on January 5, 2025
ERIE Stock | USD 405.20 9.50 2.29% |
If you're considering investing in Erie Stock, it is important to understand the factors that can impact its price. As of today, the current price of Erie Indemnity stands at 405.20, as last reported on the 7th of January, with the highest price reaching 417.32 and the lowest price hitting 405.10 during the day. Erie Indemnity secures Sharpe Ratio (or Efficiency) of -0.22, which denotes the company had a -0.22% return per unit of risk over the last 3 months. Erie Indemnity exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Erie Indemnity's Variance of 3.86, standard deviation of 1.96, and Mean Deviation of 1.41 to check the risk estimate we provide.
Erie Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Erie |
Sharpe Ratio = -0.2178
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Estimated Market Risk
1.96 actual daily | 17 83% of assets are more volatile |
Expected Return
-0.43 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.22 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Erie Indemnity 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 Erie Indemnity by adding Erie Indemnity to a well-diversified portfolio.
Erie Indemnity Valuation on January 5, 2025
It is possible to determine the worth of Erie Indemnity on a given historical date. On January 5, 2025 Erie was worth 413.37 at the beginning of the trading date compared to the closed value of 414.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Erie Indemnity stock. Still, in general, we apply an absolute valuation method to find Erie Indemnity's 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 Erie Indemnity where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Erie Indemnity's related companies.
Open | High | Low | Close | Volume | |
414.80 | 422.48 | 408.01 | 409.50 | 74,635 | |
01/03/2025 | 413.37 | 415.64 | 409.30 | 414.70 | 78,635 |
415.10 | 417.32 | 405.10 | 405.20 | 97,108 |
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Erie Indemnity Trading Date Momentum on January 5, 2025
On January 06 2025 Erie Indemnity was traded for 405.20 at the closing time. The top price for the day was 417.32 and the lowest listed price was 405.10 . The trading volume for the day was 97.1 K. The trading history from January 6, 2025 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.29% . The overall trading delta against the current closing price is 0.10% . |
Erie Indemnity Fundamentals Correlations and Trends
By evaluating Erie Indemnity's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Erie Indemnity's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Erie financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Erie Indemnity Stock history
Erie Indemnity 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 Erie is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Erie Indemnity 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 Erie Indemnity stock prices may prove useful in developing a viable investing in Erie Indemnity
Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. Erie Indemnity Company was incorporated in 1925 and is based in Erie, Pennsylvania. Erie Indemnity operates under Insurance Brokers classification in the United States and is traded on NASDAQ Exchange. It employs 5805 people.
Erie Indemnity Stock Technical Analysis
Erie Indemnity 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
Erie Indemnity Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
Erie Indemnity cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Erie Indemnity January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how Erie Indemnity stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Erie Indemnity shares will generate the highest return on investment. By undertsting and applying Erie Indemnity stock market strength indicators, traders can identify Erie Indemnity entry and exit signals to maximize returns
Erie Indemnity Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Erie Indemnity's price direction in advance. Along with the technical and fundamental analysis of Erie Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Erie 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 | (0.17) | |||
Jensen Alpha | (0.44) | |||
Total Risk Alpha | (0.48) | |||
Treynor Ratio | (1.23) |
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Volume Indicators |
Complementary Tools for Erie Stock analysis
When running Erie Indemnity's price analysis, check to measure Erie Indemnity'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 Erie Indemnity is operating at the current time. Most of Erie Indemnity's value examination focuses on studying past and present price action to predict the probability of Erie Indemnity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Erie Indemnity's price. Additionally, you may evaluate how the addition of Erie Indemnity to your portfolios can decrease your overall portfolio volatility.
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