Insurance Australia (Australia) Today
| IAG Stock | 6.44 0.04 0.63% |
Performance7 of 100
| Odds Of DistressLess than 9
|
Insurance Australia is selling for under 6.44 as of the 5th of May 2024; that is 0.63 percent increase since the beginning of the trading day. The stock's last reported lowest price was 6.37. Insurance Australia has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Insurance Australia Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of April 2024 and ending today, the 5th of May 2024. Click here to learn more.
Business Domain Insurance | IPO Date 8th of August 2000 | Category Financial Services | Classification Financials |
Insurance Australia is entity of Australia. It is traded as Stock on AU exchange. The company has 2.39 B outstanding shares. More on Insurance Australia Group
Moving together with Insurance Stock
| 0.78 | CBAPI | Commonwealth Bank | PairCorr |
| 0.77 | CBAPJ | Commonwealth Bank | PairCorr |
| 0.85 | CBAPK | Commonwealth Bank | PairCorr |
Moving against Insurance Stock
| 0.5 | ATM | Aneka Tambang Tbk | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
Check how we calculate scores
Insurance Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Insurance Australia's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Insurance Australia or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Insurance Australia's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Insurance Australia's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO MD | BCom BCom | ||||
| Business Concentration | Property & Casualty Insurance, Insurance - Property & Casualty, Financial Services, Financials, Insurance, Insurance-Property & Casualty, Financial Services (View all Sectors) | ||||
Insurance Australia's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Insurance Australia's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Insurance Australia's financial leverage. It provides some insight into what part of Insurance Australia's total assets is financed by creditors.
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Insurance Australia Group (IAG) is traded on Australian Securities Exchange in Australia and employs 16 people. Insurance Australia is listed under Property & Casualty Insurance category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 15.38 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Insurance Australia's market, we take the total number of its shares issued and multiply it by Insurance Australia's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Insurance Australia operates under Insurance sector and is part of Financials industry. The entity has 2.39 B outstanding shares.
Insurance Australia Group has accumulated about 474 M in cash with 452 M of positive cash flow from operations.
Check Insurance Australia Probability Of Bankruptcy
Ownership AllocationInsurance Australia secures a total of 2.39 Billion outstanding shares. 30% of Insurance Australia outstanding shares are owned by outside corporations. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Insurance Ownership Details
Insurance Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Insurance Australia jumping above the current price in 90 days from now is about 13.19%. The Insurance Australia Group probability density function shows the probability of Insurance Australia stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Insurance Australia has a beta of 0.0207. This usually indicates as returns on the market go up, Insurance Australia average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Insurance Australia Group will be expected to be much smaller as well. Additionally, insurance Australia Group has an alpha of 0.1516, implying that it can generate a 0.15 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Insurance Australia to move above the current price in 90 days from now is about 13.19 (This Insurance Australia Group probability density function shows the probability of Insurance Stock to fall within a particular range of prices over 90 days) .
Insurance Australia Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Insurance Australia market risk premium is the additional return an investor will receive from holding Insurance Australia 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 Insurance Australia. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Insurance Australia's alpha and beta are two of the key measurements used to evaluate Insurance Australia's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.8636 | |||
| Semi Deviation | 1.18 | |||
| Standard Deviation | 1.18 | |||
| Variance | 1.4 |
Insurance Stock Against Markets
Picking the right benchmark for Insurance Australia stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Insurance Australia stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Insurance Australia is critical whether you are bullish or bearish towards Insurance Australia Group at a given time. Please also check how Insurance Australia's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Insurance Australia without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Financial Widgets Now
Financial WidgetsEasily integrated Macroaxis content with over 30 different plug-and-play financial widgets |
| All Next | Launch Module |
Insurance Australia Corporate Management
Elected by the shareholders, the Insurance Australia's board of directors comprises two types of representatives: Insurance Australia inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Insurance. The board's role is to monitor Insurance Australia's management team and ensure that shareholders' interests are well served. Insurance Australia's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Insurance Australia's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Darren OConnell | Executive Underwriting | Profile | |
| Peter BCom | Group Officer | Profile | |
| Christine BA | Performance People | Profile | |
| BBUS CA | Group Officer | Profile | |
| William McDonnell | Chief Officer | Profile | |
| Julie Batch | Group Australia | Profile |
How to buy Insurance Stock?
Before investing in Insurance Australia, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Insurance Australia. To buy Insurance Australia stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Insurance Australia. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Insurance Australia stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Insurance Australia Group stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Insurance Australia Group stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Insurance Australia Group, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Insurance Australia Group?
The danger of trading Insurance Australia Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Insurance Australia is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Insurance Australia. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Insurance Australia is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Insurance Australia Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the Insurance Australia information on this page should be used as a complementary analysis to other Insurance Australia'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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Insurance Stock analysis
When running Insurance Australia's price analysis, check to measure Insurance Australia'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 Insurance Australia is operating at the current time. Most of Insurance Australia's value examination focuses on studying past and present price action to predict the probability of Insurance Australia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Insurance Australia's price. Additionally, you may evaluate how the addition of Insurance Australia to your portfolios can decrease your overall portfolio volatility.
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