Palomar Holdings Stock Price on November 14, 2024
| PLMR Stock | USD 105.01 2.44 2.38% |
Below is the normalized historical share price chart for Palomar Holdings extending back to April 17, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Palomar Holdings stands at 105.01, as last reported on the 24th of December, with the highest price reaching 105.41 and the lowest price hitting 102.51 during the day.
If you're considering investing in Palomar Stock, it is important to understand the factors that can impact its price. Currently, Palomar Holdings is very steady. Palomar Holdings maintains Sharpe Ratio (i.e., Efficiency) of 0.0588, which implies the firm had a 0.0588% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Palomar Holdings, which you can use to evaluate the volatility of the company. Please check Palomar Holdings' Coefficient Of Variation of 1634.24, semi deviation of 2.05, and Risk Adjusted Performance of 0.0551 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%.
At this time, Palomar Holdings' Common Stock Shares Outstanding is relatively stable compared to the past year. As of 12/24/2024, Stock Based Compensation To Revenue is likely to grow to 0.07, while Total Stockholder Equity is likely to drop slightly above 285.3 M. . At this time, Palomar Holdings' Price Book Value Ratio is relatively stable compared to the past year. As of 12/24/2024, Price Earnings To Growth Ratio is likely to grow to 0.34, while Price Earnings Ratio is likely to drop 16.52. Palomar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 17th of April 2019 | 200 Day MA 90.5236 | 50 Day MA 101.891 | Beta 0.333 |
Palomar |
Sharpe Ratio = 0.0588
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Estimated Market Risk
| 2.38 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Palomar Holdings is performing at about 4% of its full potential. 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 Palomar Holdings by adding it to a well-diversified portfolio.
Price Book 3.8598 | Price Sales 5.3915 | Shares Float 25.8 M | Wall Street Target Price 115.6667 | Earnings Share 4.22 |
Palomar Holdings Valuation on November 14, 2024
It is possible to determine the worth of Palomar Holdings on a given historical date. On November 14, 2024 Palomar was worth 101.35 at the beginning of the trading date compared to the closed value of 104.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Palomar Holdings stock. Still, in general, we apply an absolute valuation method to find Palomar 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 Palomar Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Palomar Holdings' related companies.
| Open | High | Low | Close | Volume | |
| 101.33 | 101.80 | 100.14 | 101.00 | 92,690 | |
11/14/2024 | 101.35 | 104.52 | 101.35 | 104.33 | 140,733 |
| 104.93 | 105.21 | 101.09 | 103.69 | 223,725 |
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Palomar Holdings Trading Date Momentum on November 14, 2024
| On November 15 2024 Palomar Holdings was traded for 103.69 at the closing time. The top price for the day was 105.21 and the lowest listed price was 101.09 . The trading volume for the day was 223.7 K. The trading history from November 15, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.61% . The trading delta at closing time against the current closing price is 4.48% . |
Palomar Holdings Fundamentals Correlations and Trends
By evaluating Palomar 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 Palomar Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Palomar financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Palomar Holdings Stock history
Palomar 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 Palomar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Palomar 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 Palomar Holdings stock prices may prove useful in developing a viable investing in Palomar Holdings
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 25.3 M | 26.5 M | |
| Net Income Applicable To Common Shares | 60 M | 63 M |
Palomar Holdings Stock Technical Analysis
Palomar 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
Palomar Holdings Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
Palomar Holdings 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.
Palomar Holdings December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Palomar 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 Palomar Holdings shares will generate the highest return on investment. By undertsting and applying Palomar Holdings stock market strength indicators, traders can identify Palomar Holdings entry and exit signals to maximize returns
Palomar Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Palomar Holdings' price direction in advance. Along with the technical and fundamental analysis of Palomar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Palomar 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 | 0.0551 | |||
| Jensen Alpha | 0.0961 | |||
| Total Risk Alpha | 0.0646 | |||
| Sortino Ratio | 0.0504 | |||
| Treynor Ratio | 0.0837 |
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Additional Tools for Palomar Stock Analysis
When running Palomar Holdings' price analysis, check to measure Palomar 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 Palomar Holdings is operating at the current time. Most of Palomar Holdings' value examination focuses on studying past and present price action to predict the probability of Palomar Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Palomar Holdings' price. Additionally, you may evaluate how the addition of Palomar Holdings to your portfolios can decrease your overall portfolio volatility.