Rli Corp Stock Price on April 17, 2024
| RLI Stock | USD 147.61 0.40 0.27% |
Below is the normalized historical share price chart for RLI Corp extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of RLI Corp stands at 147.61, as last reported on the 23rd of May, with the highest price reaching 148.60 and the lowest price hitting 146.74 during the day.
If you're considering investing in RLI Stock, it is important to understand the factors that can impact its price. We consider RLI Corp very steady. RLI Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.0179, which implies the firm had a 0.0179% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for RLI Corp, which you can use to evaluate the volatility of the company. Please check RLI Corp's risk adjusted performance of 0.0424, and Semi Deviation of 0.9231 to confirm if the risk estimate we provide is consistent with the expected return of 0.0188%.
As of now, RLI Corp's Capital Stock is increasing as compared to previous years. The RLI Corp's current Sale Purchase Of Stock is estimated to increase to about 103.7 M, while Other Stockholder Equity is forecasted to increase to (42 M). . As of now, RLI Corp's Price Sales Ratio is increasing as compared to previous years. The RLI Corp's current Price Fair Value is estimated to increase to 4.51, while Price Earnings Ratio is projected to decrease to 11.03. RLI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 15th of August 1985 | 200 Day MA 138.6185 | 50 Day MA 144.5456 | Beta 0.343 |
RLI |
Sharpe Ratio = 0.0179
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RLI |
Estimated Market Risk
| 1.05 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average RLI Corp is performing at about 1% of its full potential. 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 RLI Corp by adding it to a well-diversified portfolio.
Price Book 4.4362 | Price Sales 4.1473 | Shares Float 39.5 M | Dividend Share 1.08 | Wall Street Target Price 167 |
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RLI Corp Valuation on April 17, 2024
It is possible to determine the worth of RLI Corp on a given historical date. On April 17, 2024 RLI was worth 137.58 at the beginning of the trading date compared to the closed value of 135.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of RLI Corp stock. Still, in general, we apply an absolute valuation method to find RLI Corp'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 RLI Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against RLI Corp's related companies.
| Open | High | Low | Close | Volume | |
| 136.67 | 138.81 | 136.17 | 137.87 | 173,646 | |
04/17/2024 | 137.58 | 137.58 | 135.06 | 135.70 | 171,483 |
| 136.53 | 137.65 | 136.10 | 137.09 | 122,933 |
| Backtest RLI Corp | | | RLI Corp History | | | RLI Corp Valuation | Previous | Next |
RLI Corp Trading Date Momentum on April 17, 2024
| On April 18 2024 RLI Corp was traded for 137.09 at the closing time. Highest RLI Corp's price during the trading hours was 137.65 and the lowest price during the day was 136.10 . The net volume was 122.9 K. The overall trading history on the 18th of April 2024 contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 1.02% . The trading delta at closing time to current price is 6.48% . |
RLI Corp Fundamentals Correlations and Trends
By evaluating RLI Corp'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 RLI Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. RLI financial account trend analysis is a perfect complement when working with valuation or volatility modules.About RLI Corp Stock history
RLI Corp 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 RLI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in RLI Corp 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 RLI Corp stock prices may prove useful in developing a viable investing in RLI Corp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 46.1 M | 46.9 M | |
| Net Income Applicable To Common Shares | 670.9 M | 704.5 M |
RLI Corp Stock Technical Analysis
RLI Corp 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.
Price Boundaries
RLI Corp Period Price Range
Low | April 17, 2024
| High |
137.58 | 135.70 |
RLI Corp May 23, 2024 Market Strength
Market strength indicators help investors to evaluate how RLI Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading RLI Corp shares will generate the highest return on investment. By undertsting and applying RLI Corp stock market strength indicators, traders can identify RLI Corp entry and exit signals to maximize returns
| Accumulation Distribution | 3140.99 | |||
| Daily Balance Of Power | (0.75) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 136.32 | |||
| Day Typical Price | 136.11 | |||
| Price Action Indicator | (1.56) | |||
| Period Momentum Indicator | 11.91 |
RLI Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for RLI Corp's price direction in advance. Along with the technical and fundamental analysis of RLI Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of RLI 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.
| Risk Adjusted Performance | 0.0424 | |||
| Jensen Alpha | 0.0195 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1005 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RLI Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more detail on how to invest in RLI Stock please use our How to Invest in RLI Corp guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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When running RLI Corp's price analysis, check to measure RLI Corp'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 RLI Corp is operating at the current time. Most of RLI Corp's value examination focuses on studying past and present price action to predict the probability of RLI Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RLI Corp's price. Additionally, you may evaluate how the addition of RLI Corp to your portfolios can decrease your overall portfolio volatility.
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Is RLI Corp'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 RLI Corp. If investors know RLI 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 RLI Corp 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 0.288 | Dividend Share 1.08 | Earnings Share 7.25 | Revenue Per Share 34.884 | Quarterly Revenue Growth 0.219 |
The market value of RLI Corp is measured differently than its book value, which is the value of RLI that is recorded on the company's balance sheet. Investors also form their own opinion of RLI Corp's value that differs from its market value or its book value, called intrinsic value, which is RLI Corp'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 RLI Corp's market value can be influenced by many factors that don't directly affect RLI Corp'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 RLI Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if RLI Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RLI Corp'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.