Amerisafe Stock Price on March 26, 2024

AMSF Stock  USD 43.83  0.49  1.13%   
If you're considering investing in AMERISAFE Stock, it is important to understand the factors that can impact its price. As of today, the current price of AMERISAFE stands at 43.83, as last reported on the 3rd of June, with the highest price reaching 43.91 and the lowest price hitting 43.30 during the day. AMERISAFE secures Sharpe Ratio (or Efficiency) of -0.17, which signifies that the company had a -0.17% return per unit of risk over the last 3 months. AMERISAFE exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AMERISAFE's Risk Adjusted Performance of (0.1), mean deviation of 0.9145, and Standard Deviation of 1.61 to double-check the risk estimate we provide.
  
AMERISAFE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.167

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsAMSF

Estimated Market Risk

 1.61
  actual daily
14
86% of assets are more volatile

Expected Return

 -0.27
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.17
  actual daily
0
Most of other assets perform better
Based on monthly moving average AMERISAFE is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of AMERISAFE by adding AMERISAFE to a well-diversified portfolio.

AMERISAFE Valuation on March 26, 2024

It is possible to determine the worth of AMERISAFE on a given historical date. On March 26, 2024 AMERISAFE was worth 49.64 at the beginning of the trading date compared to the closed value of 49.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AMERISAFE stock. Still, in general, we apply an absolute valuation method to find AMERISAFE's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of AMERISAFE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AMERISAFE's related companies.
 Open High Low Close Volume
  50.10    50.16    49.27    49.27    75,771  
03/26/2024
  49.64    49.69    49.30    49.39    249,543  
  49.72    50.01    49.59    49.69    143,476  
Backtest AMERISAFE  |  AMERISAFE History  |  AMERISAFE Valuation   PreviousNext  
Open Value
49.64
49.39
Closing Value
54.46
Upside

AMERISAFE Trading Date Momentum on March 26, 2024

On March 27 2024 AMERISAFE was traded for  49.69  at the closing time. The top price for the day was 50.01  and the lowest listed price was  49.59 . The trading volume for the day was 143.5 K. The trading history from March 27, 2024 was a factor to the next trading day price rise. The overall trading delta against the next closing price was 0.61% . The overall trading delta against the current closing price is 2.90% .

AMERISAFE Fundamentals Correlations and Trends

By evaluating AMERISAFE's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among AMERISAFE's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AMERISAFE financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About AMERISAFE Stock history

AMERISAFE investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for AMERISAFE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AMERISAFE will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing AMERISAFE stock prices may prove useful in developing a viable investing in AMERISAFE
AMERISAFE, Inc., an insurance holding company, underwrites workers compensation insurance in the United States. The company was incorporated in 1985 and is based in DeRidder, Louisiana. Amerisafe operates under InsuranceSpecialty classification in the United States and is traded on NASDAQ Exchange. It employs 371 people.

AMERISAFE Stock Technical Analysis

AMERISAFE 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.
A focus of AMERISAFE technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of AMERISAFE trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

AMERISAFE Period Price Range

Low
March 26, 2024
-0.25  -0.5%
High

 49.64 

     

 49.39 

AMERISAFE June 3, 2024 Market Strength

Market strength indicators help investors to evaluate how AMERISAFE stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AMERISAFE shares will generate the highest return on investment. By undertsting and applying AMERISAFE stock market strength indicators, traders can identify AMERISAFE entry and exit signals to maximize returns

AMERISAFE Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for AMERISAFE's price direction in advance. Along with the technical and fundamental analysis of AMERISAFE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of AMERISAFE to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for AMERISAFE Stock analysis

When running AMERISAFE's price analysis, check to measure AMERISAFE'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 AMERISAFE is operating at the current time. Most of AMERISAFE's value examination focuses on studying past and present price action to predict the probability of AMERISAFE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AMERISAFE's price. Additionally, you may evaluate how the addition of AMERISAFE to your portfolios can decrease your overall portfolio volatility.
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Transaction History
View history of all your transactions and understand their impact on performance
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity