Qbe Insurance (Australia) Price on May 1, 2024
| QBE Stock | 19.13 0.19 0.98% |
Below is the normalized historical share price chart for Qbe Insurance Group extending back to January 29, 1988. 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 Qbe Insurance stands at 19.13, as last reported on the 21st of December, with the highest price reaching 19.32 and the lowest price hitting 19.02 during the day.
If you're considering investing in Qbe Stock, it is important to understand the factors that can impact its price. Qbe Insurance appears to be very steady, given 3 months investment horizon. Qbe Insurance Group maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies the firm had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Qbe Insurance Group, which you can use to evaluate the volatility of the company. Please evaluate Qbe Insurance's Coefficient Of Variation of 627.86, semi deviation of 0.9983, and Risk Adjusted Performance of 0.1304 to confirm if our risk estimates are consistent with your expectations.
At this time, Qbe Insurance's Common Stock Total Equity is comparatively stable compared to the past year. Capital Stock is likely to gain to about 9.9 B in 2024, whereas Total Stockholder Equity is likely to drop slightly above 5.3 B in 2024. . Qbe Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 17.5198 | 50 Day MA 18.5442 | Beta 0.666 |
Qbe |
Sharpe Ratio = 0.1612
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Estimated Market Risk
| 1.37 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Qbe Insurance is performing at about 12% 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 Qbe Insurance by adding it to a well-diversified portfolio.
Price Book 1.7935 | Price Sales 1.2922 | Shares Float 1.5 B | Dividend Share 0.49 | Wall Street Target Price 20.2337 |
Qbe Insurance Valuation on May 1, 2024
It is possible to determine the worth of Qbe Insurance on a given historical date. On May 1, 2024 Qbe was worth 17.37 at the beginning of the trading date compared to the closed value of 17.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Qbe Insurance stock. Still, in general, we apply an absolute valuation method to find Qbe Insurance'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 Qbe Insurance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Qbe Insurance's related companies.
| Open | High | Low | Close | Volume | |
| 17.42 | 17.56 | 17.28 | 17.47 | 3,509,116 | |
05/01/2024 | 17.37 | 17.43 | 17.18 | 17.26 | 2,212,138 |
| 17.27 | 17.41 | 17.18 | 17.18 | 3,092,759 |
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Qbe Insurance Trading Date Momentum on May 1, 2024
| On May 02 2024 Qbe Insurance Group was traded for 17.18 at the closing time. The maximum traded price for the trading interval was 17.41 and the lowest daily price was 17.18 . The daily volume was recorded at 3.1 M. The volume of trading on 2nd of May 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.46% . The trading delta at closing time to the closing price today is 1.51% . |
Qbe Insurance Group Fundamentals Correlations and Trends
By evaluating Qbe Insurance'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 Qbe Insurance's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Qbe financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Qbe Insurance Stock history
Qbe Insurance 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 Qbe is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Qbe Insurance Group 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 Qbe Insurance stock prices may prove useful in developing a viable investing in Qbe Insurance
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.5 B | 940 M | |
| Net Income Applicable To Common Shares | 693 M | 507.6 M |
Qbe Insurance Stock Technical Analysis
Qbe Insurance 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
Qbe Insurance Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
Qbe Insurance Group cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Qbe Insurance December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Qbe Insurance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Qbe Insurance shares will generate the highest return on investment. By undertsting and applying Qbe Insurance stock market strength indicators, traders can identify Qbe Insurance Group entry and exit signals to maximize returns
Qbe Insurance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Qbe Insurance's price direction in advance. Along with the technical and fundamental analysis of Qbe Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Qbe 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 | 0.1304 | |||
| Jensen Alpha | 0.1905 | |||
| Total Risk Alpha | 0.1688 | |||
| Sortino Ratio | 0.1513 | |||
| Treynor Ratio | 0.2791 |
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Additional Tools for Qbe Stock Analysis
When running Qbe Insurance's price analysis, check to measure Qbe 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 Qbe Insurance is operating at the current time. Most of Qbe Insurance's value examination focuses on studying past and present price action to predict the probability of Qbe 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 Qbe Insurance's price. Additionally, you may evaluate how the addition of Qbe Insurance to your portfolios can decrease your overall portfolio volatility.