Chubb Stock Market Value
| CB Stock | USD 250.25 0.32 0.13% |
| Symbol | Chubb |
Chubb Price To Book Ratio
Is Chubb's industry 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 Chubb. If investors know Chubb 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 Chubb 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 0.155 | Dividend Share 3.44 | Earnings Share 22.5 | Revenue Per Share 126.725 | Quarterly Revenue Growth 0.192 |
The market value of Chubb is measured differently than its book value, which is the value of Chubb that is recorded on the company's balance sheet. Investors also form their own opinion of Chubb's value that differs from its market value or its book value, called intrinsic value, which is Chubb'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 Chubb's market value can be influenced by many factors that don't directly affect Chubb'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 Chubb's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chubb is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chubb'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.
Chubb '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 Chubb'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 Chubb.
| 04/03/2024 |
| 05/03/2024 |
If you would invest 0.00 in Chubb on April 3, 2024 and sell it all today you would earn a total of 0.00 from holding Chubb or generate 0.0% return on investment in Chubb over 30 days. Chubb is related to or competes with Cincinnati Financial, Aflac Incorporated, Dover, Franklin Resources, and Air Products. Chubb Limited provides insurance and reinsurance products worldwide More
Chubb 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 Chubb'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 Chubb upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8724 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 5.24 | |||
| Value At Risk | (1.03) | |||
| Potential Upside | 1.38 |
Chubb Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chubb's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Chubb's standard deviation. In reality, there are many statistical measures that can use Chubb historical prices to predict the future Chubb's volatility.| Risk Adjusted Performance | 0.0411 | |||
| Jensen Alpha | 0.0313 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.1744 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Chubb'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.
Chubb Backtested Returns
We consider Chubb very steady. Chubb secures Sharpe Ratio (or Efficiency) of 0.0177, which signifies that the company had a 0.0177% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Chubb, which you can use to evaluate the volatility of the firm. Please confirm Chubb's Risk Adjusted Performance of 0.0411, mean deviation of 0.6602, and Downside Deviation of 0.8724 to double-check if the risk estimate we provide is consistent with the expected return of 0.0156%. Chubb has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.24, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Chubb's returns are expected to increase less than the market. However, during the bear market, the loss of holding Chubb is expected to be smaller as well. Chubb right now shows a risk of 0.88%. Please confirm Chubb sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to decide if Chubb will be following its price patterns.
Auto-correlation | 0.06 |
Virtually no predictability
Chubb has virtually no predictability. Overlapping area represents the amount of predictability between Chubb time series from 3rd of April 2024 to 18th of April 2024 and 18th of April 2024 to 3rd of May 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 Chubb price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Chubb price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 6.69 |
Chubb lagged returns against current returns
Autocorrelation, which is Chubb 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 Chubb's stock expected returns. We can calculate the autocorrelation of Chubb returns to help us make a trade decision. For example, suppose you find that Chubb 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 |
Chubb 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 Chubb stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Chubb stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Chubb stock over time.
Current vs Lagged Prices |
| Timeline |
Chubb Lagged Returns
When evaluating Chubb's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Chubb stock have on its future price. Chubb 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, Chubb autocorrelation shows the relationship between Chubb stock current value and its past values and can show if there is a momentum factor associated with investing in Chubb.
Regressed Prices |
| Timeline |
Chubb Investors Sentiment
The influence of Chubb's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Chubb. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Chubb's public news can be used to forecast risks associated with an investment in Chubb. The trend in average sentiment can be used to explain how an investor holding Chubb can time the market purely based on public headlines and social activities around Chubb. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Chubb's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Chubb's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Chubb's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Chubb.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Chubb in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Chubb's short interest history, or implied volatility extrapolated from Chubb options trading.
Pair Trading with Chubb
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 Chubb 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 Chubb will appreciate offsetting losses from the drop in the long position's value.Moving together with Chubb Stock
| 0.77 | L | Loews Corp | PairCorr |
Moving against Chubb Stock
| 0.63 | PRA | ProAssurance Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Chubb could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chubb 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 Chubb - 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 Chubb to buy it.
The correlation of Chubb 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 Chubb moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chubb 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 Chubb 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 Chubb Correlation, Chubb Volatility and Chubb Alpha and Beta module to complement your research on Chubb. For information on how to trade Chubb Stock refer to our How to Trade Chubb Stock guide.Note that the Chubb information on this page should be used as a complementary analysis to other Chubb's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Chubb Stock analysis
When running Chubb's price analysis, check to measure Chubb'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 Chubb is operating at the current time. Most of Chubb's value examination focuses on studying past and present price action to predict the probability of Chubb's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chubb's price. Additionally, you may evaluate how the addition of Chubb to your portfolios can decrease your overall portfolio volatility.
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Chubb 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.