International General Insurance Stock Probability of Future Stock Price Finishing Over 12.0
| IGIC Stock | USD 13.50 0.21 1.58% |
Closest to current price International long CALL Option Payoff at Expiration
International |
International General Target Price Odds to finish over 12.0
The tendency of International Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above $ 12.00 in 90 days |
| 13.50 | 90 days | 12.00 | about 92.98 |
Based on a normal probability distribution, the odds of International General to stay above $ 12.00 in 90 days from now is about 92.98 (This International General Insurance probability density function shows the probability of International Stock to fall within a particular range of prices over 90 days) . Probability of International General price to stay between $ 12.00 and its current price of $13.5 at the end of the 90-day period is about 78.7 .
Given the investment horizon of 90 days International General has a beta of 0.4. This usually indicates as returns on the market go up, International General average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding International General Insurance will be expected to be much smaller as well. Additionally International General Insurance has an alpha of 0.0444, implying that it can generate a 0.0444 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). International General Price Density |
| Price |
Predictive Modules for International General
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as International General. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of International General'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.
International General Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. International General is not an exception. The market had few large corrections towards the International General's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold International General Insurance, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of International General within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.04 | |
β | Beta against NYSE Composite | 0.40 | |
σ | Overall volatility | 0.59 | |
Ir | Information ratio | 0.01 |
International General Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of International General for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for International General can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company currently holds 2.13 M in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. International General has a current ratio of 0.82, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist International General until it has trouble settling it off, either with new capital or with free cash flow. So, International General'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 International General sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for International to invest in growth at high rates of return. When we think about International General's use of debt, we should always consider it together with cash and equity. | |
| About 51.0% of International General shares are held by company insiders | |
| On 22nd of April 2024 International General paid $ 0.51 per share dividend to its current shareholders | |
| Latest headline from news.google.com: International General Insurance Set to Announce Earnings on Tuesday - MarketBeat |
International General Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of International Stock often depends not only on the future outlook of the current and potential International General's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. International General's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 43.5 M | |
| Cash And Short Term Investments | 297.6 M |
International General Technical Analysis
International General's future price can be derived by breaking down and analyzing its technical indicators over time. International Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of International General Insurance. In general, you should focus on analyzing International Stock price patterns and their correlations with different microeconomic environments and drivers.
International General Predictive Forecast Models
International General's time-series forecasting models is one of many International General's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary International General's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about International General
Checking the ongoing alerts about International General for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for International General help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company currently holds 2.13 M in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. International General has a current ratio of 0.82, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist International General until it has trouble settling it off, either with new capital or with free cash flow. So, International General'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 International General sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for International to invest in growth at high rates of return. When we think about International General's use of debt, we should always consider it together with cash and equity. | |
| About 51.0% of International General shares are held by company insiders | |
| On 22nd of April 2024 International General paid $ 0.51 per share dividend to its current shareholders | |
| Latest headline from news.google.com: International General Insurance Set to Announce Earnings on Tuesday - MarketBeat |
Check out International General Backtesting, International General Valuation, International General Correlation, International General Hype Analysis, International General Volatility, International General History as well as International General Performance. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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When running International General's price analysis, check to measure International General'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 International General is operating at the current time. Most of International General's value examination focuses on studying past and present price action to predict the probability of International General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move International General's price. Additionally, you may evaluate how the addition of International General to your portfolios can decrease your overall portfolio volatility.
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Is International General'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 International General. If investors know International 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 International General 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 0.132 | Dividend Share 0.04 | Earnings Share 2.55 | Revenue Per Share 10.99 | Quarterly Revenue Growth 0.123 |
The market value of International General is measured differently than its book value, which is the value of International that is recorded on the company's balance sheet. Investors also form their own opinion of International General's value that differs from its market value or its book value, called intrinsic value, which is International General'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 International General's market value can be influenced by many factors that don't directly affect International General'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 International General's value and its price as these two are different measures arrived at by different means. Investors typically determine if International General is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, International General'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.