Selective Insurance Group Preferred Stock Buy Hold or Sell Recommendation
| SIGIP Preferred Stock | USD 18.45 0.06 0.32% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Selective Insurance Group is 'Hold'. Macroaxis provides Selective Insurance buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding SIGIP positions. The advice algorithm takes into account all of Selective Insurance's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Selective Insurance's buy or sell advice are summarized below:
Real Value 18.52 | Hype Value 18.45 | Market Value 18.45 | Naive Value 18.64 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Selective Insurance Group given historical horizon and risk tolerance towards Selective Insurance. When Macroaxis issues a 'buy' or 'sell' recommendation for Selective Insurance Group, the advice is generated through an automated system that utilizes algorithms and statistical models.
Selective |
Execute Selective Insurance Buy or Sell Advice
The Selective recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Selective Insurance Group. Macroaxis does not own or have any residual interests in Selective Insurance Group or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Selective Insurance's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Selective Insurance Trading Alerts and Improvement Suggestions
| The company has accumulated 501 M in total debt with debt to equity ratio (D/E) of 0.19, which may suggest the company is not taking enough advantage from borrowing. Selective Insurance has a current ratio of 0.32, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Selective Insurance until it has trouble settling it off, either with new capital or with free cash flow. So, Selective Insurance's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Selective Insurance sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Selective to invest in growth at high rates of return. When we think about Selective Insurance's use of debt, we should always consider it together with cash and equity. |
Selective Insurance Returns Distribution Density
The distribution of Selective Insurance's historical returns is an attempt to chart the uncertainty of Selective Insurance's future price movements. The chart of the probability distribution of Selective Insurance daily returns describes the distribution of returns around its average expected value. We use Selective Insurance Group price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Selective Insurance returns is essential to provide solid investment advice for Selective Insurance.
| Mean Return | 0.06 | Value At Risk | -1.59 | Potential Upside | 1.44 | Standard Deviation | 0.95 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Selective Insurance historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Selective Insurance Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Selective Insurance or Financial Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Selective Insurance's price will be affected by overall preferred stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Selective preferred stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.02 | |
β | Beta against NYSE Composite | 0.53 | |
σ | Overall volatility | 0.95 | |
Ir | Information ratio | -0.02 |
Selective Insurance Volatility Alert
Selective Insurance Group has relatively low volatility with skewness of -0.41 and kurtosis of 1.16. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Selective Insurance's preferred stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Selective Insurance's preferred stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Selective Insurance Fundamentals Vs Peers
Comparing Selective Insurance's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Selective Insurance's direct or indirect competition across all of the common fundamentals between Selective Insurance and the related equities. This way, we can detect undervalued stocks with similar characteristics as Selective Insurance or determine the preferred stocks which would be an excellent addition to an existing portfolio. Peer analysis of Selective Insurance's fundamental indicators could also be used in its relative valuation, which is a method of valuing Selective Insurance by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Selective Insurance to competition |
| Fundamentals | Selective Insurance | Peer Average |
| Return On Equity | 0.0816 | -0.31 |
| Return On Asset | 0.0182 | -0.14 |
| Profit Margin | 0.06 % | (1.27) % |
| Operating Margin | 0.09 % | (5.51) % |
| Current Valuation | 1.93 B | 16.62 B |
| Number Of Shares Shorted | 24.04 K | 4.71 M |
| Price To Earning | 2.45 X | 28.72 X |
| Revenue | 3.56 B | 9.43 B |
| Gross Profit | 740.5 M | 27.38 B |
| EBITDA | 309 M | 3.9 B |
| Net Income | 224.89 M | 570.98 M |
| Cash And Equivalents | 289.62 M | 2.7 B |
| Cash Per Share | 4.80 X | 5.01 X |
| Total Debt | 501 M | 5.32 B |
| Debt To Equity | 0.19 % | 48.70 % |
| Current Ratio | 0.33 X | 2.16 X |
| Book Value Per Share | 38.60 X | 1.93 K |
| Cash Flow From Operations | 802.41 M | 971.22 M |
| Short Ratio | 0.23 X | 4.00 X |
| Earnings Per Share | 5.62 X | 3.12 X |
| Number Of Employees | 10 | 18.84 K |
| Beta | 0.64 | -0.15 |
| Total Asset | 10.8 B | 29.47 B |
| Annual Yield | 0.06 % | |
| Net Asset | 10.8 B | |
| Last Dividend Paid | 1.14 |
Selective Insurance Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Selective . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Selective Insurance Buy or Sell Advice
When is the right time to buy or sell Selective Insurance Group? Buying financial instruments such as Selective Preferred Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Selective Insurance in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Chemicals Makers Theme or any other thematic opportunities.
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Check out Selective Insurance Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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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