Erie Indemnity Stock Alpha and Beta Analysis
ERIE Stock | USD 421.53 3.26 0.78% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Erie Indemnity. It also helps investors analyze the systematic and unsystematic risks associated with investing in Erie Indemnity over a specified time horizon. Remember, high Erie Indemnity's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Erie Indemnity's market risk premium analysis include:
Beta 0.42 | Alpha 0.0566 | Risk 2.21 | Sharpe Ratio 0.0104 | Expected Return 0.023 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Erie |
Erie Indemnity Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Erie Indemnity market risk premium is the additional return an investor will receive from holding Erie Indemnity long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Erie Indemnity. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Erie Indemnity's performance over market.α | 0.06 | β | 0.42 |
Erie Indemnity expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Erie Indemnity's Buy-and-hold return. Our buy-and-hold chart shows how Erie Indemnity performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Erie Indemnity Market Price Analysis
Market price analysis 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 understating and applying Erie Indemnity stock market price indicators, traders can identify Erie Indemnity position entry and exit signals to maximize returns.
Erie Indemnity Return and Market Media
The median price of Erie Indemnity for the period between Sun, Dec 15, 2024 and Sat, Mar 15, 2025 is 405.66 with a coefficient of variation of 4.4. The daily time series for the period is distributed with a sample standard deviation of 17.94, arithmetic mean of 408.07, and mean deviation of 13.51. The Stock received substential amount of media coverage during this period. Price Growth (%) |
Timeline |
1 | AM Best Assigns Credit Ratings to The Japan Ship Owners Mutual Protection Indemnity Association | 12/20/2024 |
2 | Acquisition by Novacek Jorie L of tradable shares of Erie Indemnity subject to Rule 16b-3 | 12/27/2024 |
3 | Insider Trading | 12/31/2024 |
4 | Acquisition by Dabreo Anthony of tradable shares of Erie Indemnity at 412.23 subject to Rule 16b-3 | 01/10/2025 |
Erie Indemnity dividend paid on 22nd of January 2025 | 01/22/2025 |
5 | Acquisition by Borneman J Ralph Jr of tradable shares of Erie Indemnity subject to Rule 16b-3 | 01/31/2025 |
6 | Erie Indemnity GAAP EPS of 2.91 beats by 0.09, revenue of 924.09M misses by 1.03M | 02/27/2025 |
7 | Top Stock Movers Now NetApp, Dell, HP, Erie Indemnity, and More | 02/28/2025 |
8 | Global Indemnity Group, LLC Appoints President and Chief Executive Officer of Penn-America Underwriters, LLC | 03/03/2025 |
9 | Erie Indemnity Upgraded to Buy Heres What You Should Know | 03/04/2025 |
10 | Indemnity | 03/05/2025 |
11 | SP 500 ETFs Worst Week Since September 5 Top Stocks Poised to Rise | 03/10/2025 |
12 | Acquisition by Lucore George R of tradable shares of Erie Indemnity subject to Rule 16b-3 | 03/13/2025 |
About Erie Indemnity Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Erie or other stocks. Alpha measures the amount that position in Erie Indemnity has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
2022 | 2023 | 2024 | 2025 (projected) | Dividend Yield | 0.0179 | 0.0143 | 0.0125 | 0.0168 | Price To Sales Ratio | 4.08 | 4.73 | 5.02 | 3.36 |
Erie Indemnity Upcoming Company Events
As portrayed in its financial statements, the presentation of Erie Indemnity's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Erie Indemnity's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Erie Indemnity's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Erie Indemnity. Please utilize our Beneish M Score to check the likelihood of Erie Indemnity's management manipulating its earnings.
6th of March 2024 Upcoming Quarterly Report | View | |
25th of April 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
6th of March 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Erie Indemnity
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
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Check out Erie Indemnity Backtesting, Erie Indemnity Valuation, Erie Indemnity Correlation, Erie Indemnity Hype Analysis, Erie Indemnity Volatility, Erie Indemnity History and analyze Erie Indemnity Performance. For information on how to trade Erie Stock refer to our How to Trade Erie Stock guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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.