Rli Corp Stock Technical Analysis
| RLI Stock | USD 147.71 1.95 1.34% |
As of the 25th of April, RLI Corp holds the risk adjusted performance of 0.0197, and Semi Deviation of 1.17. Concerning fundamental indicators, the technical analysis model allows you to check practical technical drivers of RLI Corp, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to break down and interpolate nineteen technical drivers for RLI Corp, which can be compared to its competitors. Please check RLI Corp coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if RLI Corp is priced more or less accurately, providing market reflects its current price of 147.71 per share. Given that RLI Corp has jensen alpha of (0.03), we recommend you to check out RLI Corp's recent market performance to make sure the company can sustain itself at some point in the future.
RLI Corp Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as RLI, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RLIRLI |
RLI Corp Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 153.75 | Buy | 7 | Odds |
Most RLI analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand RLI stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of RLI Corp, talking to its executives and customers, or listening to RLI conference calls.
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.
RLI Corp Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of RLI Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
RLI Corp Trend Analysis
Use this graph to draw trend lines for RLI Corp. You can use it to identify possible trend reversals for RLI Corp as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual RLI Corp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.RLI Corp Best Fit Change Line
The following chart estimates an ordinary least squares regression model for RLI Corp applied against its price change over selected period. The best fit line has a slop of 0.05 , which may imply that RLI Corp will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 100.04, which is the sum of squared deviations for the predicted RLI Corp price change compared to its average price change.About RLI Corp Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of RLI Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of RLI Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on RLI Corp price pattern first instead of the macroeconomic environment surrounding RLI Corp. By analyzing RLI Corp's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of RLI Corp's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to RLI Corp specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0267 | 0.0613 | 0.0231 | 0.0265 | Price To Sales Ratio | 4.3 | 3.51 | 4.05 | 4.25 |
RLI Corp April 25, 2024 Technical Indicators
Most technical analysis of RLI help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for RLI from various momentum indicators to cycle indicators. When you analyze RLI charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Risk Adjusted Performance | 0.0197 | |||
| Market Risk Adjusted Performance | 0.0426 | |||
| Mean Deviation | 0.8367 | |||
| Semi Deviation | 1.17 | |||
| Downside Deviation | 1.22 | |||
| Coefficient Of Variation | 4167.9 | |||
| Standard Deviation | 1.18 | |||
| Variance | 1.38 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0326 | |||
| Maximum Drawdown | 5.06 | |||
| Value At Risk | (1.57) | |||
| Potential Upside | 2.15 | |||
| Downside Variance | 1.48 | |||
| Semi Variance | 1.36 | |||
| Expected Short fall | (0.84) | |||
| Skewness | (0.27) | |||
| Kurtosis | 2.56 |
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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for RLI Stock analysis
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.
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |
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 6.6 | Revenue Per Share 34.889 | 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.