Selective Insurance Group Preferred Stock Price Prediction

SIGIP Preferred Stock  USD 18.60  0.05  0.27%   
As of today, the relative strength indicator of Selective Insurance's share price is approaching 49. This usually implies that the preferred stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Selective Insurance, making its price go up or down.

Oversold Vs Overbought

49

 
Oversold
 
Overbought
Selective Insurance preferred stock price prediction is an act of determining the future value of Selective Insurance shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Selective Insurance's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Selective Insurance and does not consider all of the tangible or intangible factors available from Selective Insurance's fundamental data. We analyze noise-free headlines and recent hype associated with Selective Insurance Group, which may create opportunities for some arbitrage if properly timed.
It is a matter of debate whether preferred stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Selective Insurance based on different types of headlines from major news networks to social media. The Selective stock price prediction module provides an analysis of price elasticity to changes in media outlook on Selective Insurance over a specific investment horizon. Using Selective Insurance hype-based prediction, you can estimate the value of Selective Insurance Group from the perspective of Selective Insurance response to recently generated media hype and the effects of current headlines on its competitors.
This module is based on analyzing investor sentiment around taking a position in Selective Insurance. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Selective Insurance to buy its preferred stock at a price that has no basis in reality. In that case, they are not buying Selective because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell preferred stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Selective Insurance after-hype prediction price

    
  USD 18.6  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as preferred stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Selective Insurance Basic Forecasting Models to cross-verify your projections.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Selective Insurance's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Intrinsic
Valuation
LowRealHigh
17.6518.5919.53
Details
Naive
Forecast
LowNextHigh
17.9618.9119.85
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
18.0318.4118.79
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Selective Insurance. Your research has to be compared to or analyzed against Selective Insurance's peers to derive any actionable benefits. When done correctly, Selective Insurance's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Selective Insurance.

Selective Insurance After-Hype Price Prediction Density Analysis

As far as predicting the price of Selective Insurance at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Selective Insurance or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Preferred Stock prices, such as prices of Selective Insurance, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Selective Insurance Estimiated After-Hype Price Volatility

In the context of predicting Selective Insurance's preferred stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Selective Insurance's historical news coverage. Selective Insurance's after-hype downside and upside margins for the prediction period are 17.66 and 19.54, respectively. We have considered Selective Insurance's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
18.60
18.60
After-hype Price
19.54
Upside
Selective Insurance is very steady at this time. Analysis and calculation of next after-hype price of Selective Insurance is based on 3 months time horizon.

Selective Insurance Preferred Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Selective Insurance is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Selective Insurance backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Preferred Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Selective Insurance, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.05 
0.94
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Within a week
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
18.60
18.60
0.00 
0.00  
Notes

Selective Insurance Hype Timeline

Selective Insurance is at this time traded for 18.60. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Selective is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is at this time at 0.05%. %. The volatility of related hype on Selective Insurance is about 0.0%, with the expected price after the next announcement by competition of 18.60. The company recorded earning per share (EPS) of 5.62. Selective Insurance last dividend was issued on the 27th of February 2023. Assuming the 90 days horizon the next forecasted press release will be within a week.
Check out Selective Insurance Basic Forecasting Models to cross-verify your projections.

Selective Insurance Related Hype Analysis

Having access to credible news sources related to Selective Insurance's direct competition is more important than ever and may enhance your ability to predict Selective Insurance's future price movements. Getting to know how Selective Insurance's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Selective Insurance may potentially react to the hype associated with one of its peers.

Selective Insurance Additional Predictive Modules

Most predictive techniques to examine Selective price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Selective using various technical indicators. When you analyze Selective charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Selective Insurance Predictive Indicators

The successful prediction of Selective Insurance stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Selective Insurance Group, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Selective Insurance based on analysis of Selective Insurance hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Selective Insurance's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Selective Insurance's related companies.

Story Coverage note for Selective Insurance

The number of cover stories for Selective Insurance depends on current market conditions and Selective Insurance's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Selective Insurance is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Selective Insurance's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Selective Insurance Short Properties

Selective Insurance's future price predictability will typically decrease when Selective Insurance's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Selective Insurance Group often depends not only on the future outlook of the potential Selective Insurance's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Selective Insurance's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding60.3 M
Cash And Short Term Investments7.1 B
Check out Selective Insurance Basic Forecasting Models to cross-verify your projections.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Complementary Tools for Selective Preferred Stock analysis

When running Selective Insurance's price analysis, check to measure Selective 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 Selective Insurance is operating at the current time. Most of Selective Insurance's value examination focuses on studying past and present price action to predict the probability of Selective 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 Selective Insurance's price. Additionally, you may evaluate how the addition of Selective Insurance to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Selective Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Selective Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Selective Insurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.