Ryan Specialty Group Stock Market Value
| RYAN Stock | USD 64.01 0.86 1.36% |
| Symbol | Ryan |
Ryan Specialty Group Price To Book Ratio
Is Insurance Brokers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ryan Specialty. If investors know Ryan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ryan Specialty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.408 | Dividend Share 0.33 | Earnings Share 0.77 | Revenue Per Share 19.549 | Quarterly Revenue Growth 0.207 |
The market value of Ryan Specialty Group is measured differently than its book value, which is the value of Ryan that is recorded on the company's balance sheet. Investors also form their own opinion of Ryan Specialty's value that differs from its market value or its book value, called intrinsic value, which is Ryan Specialty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ryan Specialty's market value can be influenced by many factors that don't directly affect Ryan Specialty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ryan Specialty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ryan Specialty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ryan Specialty'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.
Ryan Specialty 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Ryan Specialty's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Ryan Specialty.
| 11/28/2023 |
| 12/22/2024 |
If you would invest 0.00 in Ryan Specialty on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding Ryan Specialty Group or generate 0.0% return on investment in Ryan Specialty over 390 days. Ryan Specialty is related to or competes with Core Main, Hayward Holdings, Paycor HCM, and Stevanato Group. Ryan Specialty Group Holdings, Inc. operates as a service provider of specialty products and solutions for insurance bro... More
Ryan Specialty Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Ryan Specialty's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Ryan Specialty Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.9 | |||
| Information Ratio | 0.0094 | |||
| Maximum Drawdown | 10.31 | |||
| Value At Risk | (2.66) | |||
| Potential Upside | 2.72 |
Ryan Specialty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ryan Specialty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ryan Specialty's standard deviation. In reality, there are many statistical measures that can use Ryan Specialty historical prices to predict the future Ryan Specialty's volatility.| Risk Adjusted Performance | 0.0275 | |||
| Jensen Alpha | 0.0188 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0087 | |||
| Treynor Ratio | 0.0431 |
Ryan Specialty Group Backtested Returns
As of now, Ryan Stock is very steady. Ryan Specialty Group maintains Sharpe Ratio (i.e., Efficiency) of 0.0087, which implies the firm had a 0.0087% return per unit of risk over the last 3 months. We have found thirty technical indicators for Ryan Specialty Group, which you can use to evaluate the volatility of the company. Please check Ryan Specialty's Semi Deviation of 1.79, risk adjusted performance of 0.0275, and Coefficient Of Variation of 3601.83 to confirm if the risk estimate we provide is consistent with the expected return of 0.0152%. The company holds a Beta of 0.9, which implies possible diversification benefits within a given portfolio. Ryan Specialty returns are very sensitive to returns on the market. As the market goes up or down, Ryan Specialty is expected to follow. Ryan Specialty Group right now holds a risk of 1.76%. Please check Ryan Specialty Group jensen alpha, skewness, relative strength index, as well as the relationship between the value at risk and day median price , to decide if Ryan Specialty Group will be following its historical price patterns.
Auto-correlation | 0.72 |
Good predictability
Ryan Specialty Group has good predictability. Overlapping area represents the amount of predictability between Ryan Specialty time series from 28th of November 2023 to 10th of June 2024 and 10th of June 2024 to 22nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ryan Specialty Group price movement. The serial correlation of 0.72 indicates that around 72.0% of current Ryan Specialty price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 33.37 |
Ryan Specialty Group lagged returns against current returns
Autocorrelation, which is Ryan Specialty stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Ryan Specialty's stock expected returns. We can calculate the autocorrelation of Ryan Specialty returns to help us make a trade decision. For example, suppose you find that Ryan Specialty has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Ryan Specialty regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Ryan Specialty stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ryan Specialty stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ryan Specialty stock over time.
Current vs Lagged Prices |
| Timeline |
Ryan Specialty Lagged Returns
When evaluating Ryan Specialty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ryan Specialty stock have on its future price. Ryan Specialty autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Ryan Specialty autocorrelation shows the relationship between Ryan Specialty stock current value and its past values and can show if there is a momentum factor associated with investing in Ryan Specialty Group.
Regressed Prices |
| Timeline |
Pair Trading with Ryan Specialty
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ryan Specialty position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ryan Specialty will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Ryan Specialty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ryan Specialty when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ryan Specialty - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ryan Specialty Group to buy it.
The correlation of Ryan Specialty is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ryan Specialty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ryan Specialty Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ryan Specialty can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Ryan Specialty Correlation, Ryan Specialty Volatility and Ryan Specialty Alpha and Beta module to complement your research on Ryan Specialty. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Ryan Specialty 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.