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Safety Insurance Group Inc
Buy, Hold or Sell?

Let's analyse Safety Insurance Group Inc together

PenkeI guess you are interested in Safety Insurance Group Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Safety Insurance Group Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Safety Insurance Group Inc (30 sec.)










What can you expect buying and holding a share of Safety Insurance Group Inc? (30 sec.)

How much money do you get?

How much money do you get?
$3.60
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
$54.37
Expected worth in 1 year
$53.85
How sure are you?
77.5%

+ What do you gain per year?

Total Gains per Share
$3.08
Return On Investment
3.8%

For what price can you sell your share?

Current Price per Share
$81.77
Expected price per share
$71.20 - $87.75
How sure are you?
50%

1. Valuation of Safety Insurance Group Inc (5 min.)




Live pricePrice per Share (EOD)

$81.77

Intrinsic Value Per Share

$30.38 - $59.90

Total Value Per Share

$84.75 - $114.27

2. Growth of Safety Insurance Group Inc (5 min.)




Is Safety Insurance Group Inc growing?

Current yearPrevious yearGrowGrow %
How rich?$804.2m$819.2m-$26.5m-3.3%

How much money is Safety Insurance Group Inc making?

Current yearPrevious yearGrowGrow %
Making money$4.7m$11.6m-$6.8m-146.2%
Net Profit Margin1.8%5.7%--

How much money comes from the company's main activities?

3. Financial Health of Safety Insurance Group Inc (5 min.)




What can you expect buying and holding a share of Safety Insurance Group Inc? (5 min.)

Welcome investor! Safety Insurance Group Inc's management wants to use your money to grow the business. In return you get a share of Safety Insurance Group Inc.

What can you expect buying and holding a share of Safety Insurance Group Inc?

First you should know what it really means to hold a share of Safety Insurance Group Inc. And how you can make/lose money.

Speculation

The Price per Share of Safety Insurance Group Inc is $81.77. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Safety Insurance Group Inc.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Safety Insurance Group Inc, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $54.37. Based on the TTM, the Book Value Change Per Share is $-0.13 per quarter. Based on the YOY, the Book Value Change Per Share is $-1.80 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.90 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Safety Insurance Group Inc.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps0.831.0%0.320.4%0.791.0%1.441.8%1.141.4%
Usd Book Value Change Per Share2.332.9%-0.13-0.2%-1.80-2.2%0.370.4%0.230.3%
Usd Dividend Per Share0.891.1%0.901.1%0.901.1%0.891.1%0.811.0%
Usd Total Gains Per Share3.223.9%0.770.9%-0.90-1.1%1.261.5%1.041.3%
Usd Price Per Share75.99-72.61-88.44-82.74-74.86-
Price to Earnings Ratio22.92-36.39-37.43-12.59-8.91-
Price-to-Total Gains Ratio23.57-107.76--26.40-37.23-28.72-
Price to Book Ratio1.40-1.35-1.60-1.51-1.49-
Price-to-Total Gains Ratio23.57-107.76--26.40-37.23-28.72-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share81.77
Number of shares12
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.900.89
Usd Book Value Change Per Share-0.130.37
Usd Total Gains Per Share0.771.26
Gains per Quarter (12 shares)9.2415.08
Gains per Year (12 shares)36.9660.32
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
143-627431850
286-13648635110
3130-1910112853170
4173-2513817170230
5216-3117521488290
6259-38212257105350
7303-44249300123410
8346-50286342140470
9389-56323385158530
10432-63360428175590

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share3.01.00.075.0%11.01.00.091.7%18.02.00.090.0%36.04.00.090.0%84.06.00.093.3%
Book Value Change Per Share1.03.00.025.0%6.06.00.050.0%13.07.00.065.0%27.013.00.067.5%68.021.01.075.6%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%85.00.05.094.4%
Total Gains per Share3.01.00.075.0%8.04.00.066.7%15.05.00.075.0%31.09.00.077.5%74.015.01.082.2%

Fundamentals of Safety Insurance Group Inc

About Safety Insurance Group Inc

Safety Insurance Group, Inc. provides private passenger and commercial automobile, and homeowner insurance in the United States. The company's private passenger automobile policies offer coverage for bodily injury and property damage to others, no-fault personal injury coverage for the insured/insured's car occupants, and physical damage coverage for an insured's own vehicle for collision or other perils. It also provides commercial automobile policies that offer insurance for commercial vehicles used for business purposes, including private passenger-type vehicles, trucks, tractors and trailers, insure individual vehicles, and commercial fleets; and homeowners policies, which provide coverage for homes, condominiums, and apartments for losses to a dwelling and its contents from various perils, and coverage for liability to others arising from ownership or occupancy. In addition, the company offers business owners policies that cover apartments and residential condominiums, restaurants, office condominiums, processing and services businesses, special trade contractors, and wholesalers. Further, it provides personal umbrella policies, which provide personal excess liability coverage over and above the limits of individual automobile, watercraft, and homeowner's insurance policies; and commercial umbrella, which offers an excess liability product to clients, as well as underwrites dwelling fire insurance for non-owner-occupied residences. Additionally, the company offers inland marine coverage for homeowners and business owner policies, and watercraft coverage for small and medium sized pleasure crafts. It distributes its products through independent agents. The company was formerly known as Safety Holdings Inc and changed its name to Safety Insurance Group, Inc. in April 2002. Safety Insurance Group, Inc. was founded in 1979 and is headquartered in Boston, Massachusetts.

Fundamental data was last updated by Penke on 2024-03-22 03:15:06.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating inefficient.
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Safety Insurance Group Inc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Safety Insurance Group Inc earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Safety Insurance Group Inc to the Insurance - Property & Casualty industry mean.
  • A Net Profit Margin of 4.8% means that $0.05 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Safety Insurance Group Inc:

  • The MRQ is 4.8%. The company is making a profit. +1
  • The TTM is 1.8%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ4.8%TTM1.8%+3.0%
TTM1.8%YOY5.7%-3.9%
TTM1.8%5Y9.9%-8.1%
5Y9.9%10Y8.1%+1.8%
1.1.2. Return on Assets

Shows how efficient Safety Insurance Group Inc is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Safety Insurance Group Inc to the Insurance - Property & Casualty industry mean.
  • 0.6% Return on Assets means that Safety Insurance Group Inc generated $0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Safety Insurance Group Inc:

  • The MRQ is 0.6%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.2%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.6%TTM0.2%+0.4%
TTM0.2%YOY0.6%-0.4%
TTM0.2%5Y1.1%-0.8%
5Y1.1%10Y0.9%+0.2%
1.1.3. Return on Equity

Shows how efficient Safety Insurance Group Inc is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Safety Insurance Group Inc to the Insurance - Property & Casualty industry mean.
  • 1.5% Return on Equity means Safety Insurance Group Inc generated $0.02 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Safety Insurance Group Inc:

  • The MRQ is 1.5%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 0.6%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.5%TTM0.6%+0.9%
TTM0.6%YOY1.4%-0.8%
TTM0.6%5Y2.6%-2.0%
5Y2.6%10Y2.2%+0.4%

1.2. Operating Efficiency of Safety Insurance Group Inc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Safety Insurance Group Inc is operating .

  • Measures how much profit Safety Insurance Group Inc makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Safety Insurance Group Inc to the Insurance - Property & Casualty industry mean.
  • An Operating Margin of 0.1% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Safety Insurance Group Inc:

  • The MRQ is 0.1%. The company is operating inefficient. -1
  • The TTM is 0.3%. The company is operating inefficient. -1
Trends
Current periodCompared to+/- 
MRQ0.1%TTM0.3%-0.2%
TTM0.3%YOY7.4%-7.1%
TTM0.3%5Y12.1%-11.8%
5Y12.1%10Y10.2%+1.9%
1.2.2. Operating Ratio

Measures how efficient Safety Insurance Group Inc is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Insurance - Property & Casualty industry mean).
  • An Operation Ratio of 0.27 means that the operating costs are $0.27 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Safety Insurance Group Inc:

  • The MRQ is 0.275. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.279. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.275TTM0.279-0.004
TTM0.279YOY0.134+0.145
TTM0.2795Y0.670-0.391
5Y0.67010Y1.250-0.580

1.3. Liquidity of Safety Insurance Group Inc.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Safety Insurance Group Inc is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Insurance - Property & Casualty industry mean).
  • A Current Ratio of 0.74 means the company has $0.74 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Safety Insurance Group Inc:

  • The MRQ is 0.739. The company is unable to pay all its short-term debts. -2
  • The TTM is 7.608. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ0.739TTM7.608-6.869
TTM7.608YOY24.164-16.556
TTM7.6085Y8.414-0.806
5Y8.41410Y6.118+2.296
1.3.2. Quick Ratio

Measures if Safety Insurance Group Inc is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Safety Insurance Group Inc to the Insurance - Property & Casualty industry mean.
  • A Quick Ratio of 1.86 means the company can pay off $1.86 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Safety Insurance Group Inc:

  • The MRQ is 1.865. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 67.696. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.865TTM67.696-65.832
TTM67.696YOY43.660+24.036
TTM67.6965Y39.657+28.039
5Y39.65710Y43.030-3.373

1.4. Solvency of Safety Insurance Group Inc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Safety Insurance Group Inc assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Safety Insurance Group Inc to Insurance - Property & Casualty industry mean.
  • A Debt to Asset Ratio of 0.59 means that Safety Insurance Group Inc assets are financed with 59.1% credit (debt) and the remaining percentage (100% - 59.1%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Safety Insurance Group Inc:

  • The MRQ is 0.591. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.605. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.591TTM0.605-0.014
TTM0.605YOY0.582+0.022
TTM0.6055Y0.589+0.015
5Y0.58910Y0.599-0.010
1.4.2. Debt to Equity Ratio

Measures if Safety Insurance Group Inc is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Safety Insurance Group Inc to the Insurance - Property & Casualty industry mean.
  • A Debt to Equity ratio of 144.3% means that company has $1.44 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Safety Insurance Group Inc:

  • The MRQ is 1.443. The company is able to pay all its debts with equity. +1
  • The TTM is 1.532. The company is just able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.443TTM1.532-0.089
TTM1.532YOY1.396+0.136
TTM1.5325Y1.440+0.092
5Y1.44010Y1.502-0.062

2. Market Valuation of Safety Insurance Group Inc

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Safety Insurance Group Inc generates.

  • Above 15 is considered overpriced but always compare Safety Insurance Group Inc to the Insurance - Property & Casualty industry mean.
  • A PE ratio of 22.92 means the investor is paying $22.92 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Safety Insurance Group Inc:

  • The EOD is 24.660. Based on the earnings, the company is fair priced.
  • The MRQ is 22.917. Based on the earnings, the company is fair priced.
  • The TTM is 36.390. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD24.660MRQ22.917+1.743
MRQ22.917TTM36.390-13.473
TTM36.390YOY37.431-1.041
TTM36.3905Y12.592+23.798
5Y12.59210Y8.907+3.685
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Safety Insurance Group Inc:

  • The EOD is 8.722. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 8.105. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is -118.748. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD8.722MRQ8.105+0.617
MRQ8.105TTM-118.748+126.853
TTM-118.748YOY8.139-126.887
TTM-118.7485Y-18.930-99.818
5Y-18.93010Y56.450-75.380
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Safety Insurance Group Inc is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Insurance - Property & Casualty industry mean).
  • A PB ratio of 1.40 means the investor is paying $1.40 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Safety Insurance Group Inc:

  • The EOD is 1.504. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.398. Based on the equity, the company is underpriced. +1
  • The TTM is 1.354. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.504MRQ1.398+0.106
MRQ1.398TTM1.354+0.043
TTM1.354YOY1.597-0.242
TTM1.3545Y1.509-0.154
5Y1.50910Y1.491+0.018
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Safety Insurance Group Inc.

3.1. Institutions holding Safety Insurance Group Inc

Institutions are holding 83.548% of the shares of Safety Insurance Group Inc.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31BlackRock Inc14.45060.00412137505101550.4774
2023-12-31SRB Corp12.45488.2701184228400
2023-12-31Vanguard Group Inc11.09650.00271641372166841.0269
2023-12-31Victory Capital Management Inc.7.93930.09391174371190041.6448
2023-12-31Dimensional Fund Advisors, Inc.5.01320.0165741540-832-0.1121
2023-12-31State Street Corporation3.95950.0022585677305465.5025
2023-12-31Geode Capital Management, LLC2.20810.0026326624118603.7679
2023-12-31Charles Schwab Investment Management Inc1.46360.004221649698034.7428
2023-12-31TimesSquare Capital Management, LLC1.35820.22452009002009000
2023-12-31Renaissance Technologies Corp1.15130.02170300-29300-14.6794
2023-12-31Bank of New York Mellon Corp1.14570.0026169468-26145-13.3657
2023-12-31JPMorgan Chase & Co1.10240.00121630701749112.0148
2023-12-31Northern Trust Corp1.09480.00221619417940.4927
2023-12-31Morgan Stanley - Brokerage Accounts1.05080.0011554253563029.7425
2023-12-31Goldman Sachs Group Inc0.77430.00081145405174682.406
2023-12-31Royce & Associates, LP0.74160.07710969900
2023-12-31Kayne Anderson Rudnick Investment Management LLC0.73650.0207108941-5029-4.4126
2023-12-31Amvescap Plc.0.70530.0019104333-8671-7.6732
2023-12-31American Century Companies Inc0.52860.004178191-4039-4.9118
2023-12-31Principal Financial Group Inc0.5210.003777058-2601-3.2652
Total 69.49618.75610279735+327996+3.2%

3.2. Funds holding Safety Insurance Group Inc

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2024-02-29iShares Core S&P Small-Cap ETF6.77810.1063100260200
2023-12-31Victory Small Cap Value CIT (Net 75)5.8140.9291860000-10000-1.1494
2023-12-31Victory Sycamore Small Company Opp R5.8140.931860000-10000-1.1494
2024-02-29Vanguard Total Stock Mkt Idx Inv3.04090.002444980600
2024-02-29Vanguard Small Cap Index2.44780.021236206732560.9074
2024-02-29iShares Russell 2000 ETF2.32060.045234325400
2024-02-29Vanguard Small Cap Value Index Inv1.6710.03822471666680.271
2024-02-29Vanguard Institutional Extnd Mkt Idx Tr1.48510.0177219678990.0451
2024-02-29iShares S&P Small-Cap 600 Value ETF1.26010.217618639500
2023-12-31Fidelity Small Cap Index0.96340.04261425066360.4483
2024-01-31DFA US Targeted Value I0.90790.086813429100
2024-02-29SPDR® Portfolio S&P 600 Sm Cap ETF0.89730.1062132723270.0203
2024-02-01iShares Russell 2000 Value ETF0.89520.094813241200
2023-12-31JPM US Small Cap Value-Composite0.79941.271311824800
2024-01-31JPMorgan Small Cap Blend A0.79940.719511824800
2024-01-31DFA US Micro Cap I0.790.143111685100
2024-02-29Vanguard Tax-Managed Small Cap Adm0.78120.106811555600
2024-01-31DFA US Small Cap I0.7410.06210960300
2024-02-29SPDR® S&P 600 Small Cap Value ETF0.7060.22104436-214-0.2045
2024-02-29State St Russell Sm/Mid Cp® Indx NL Cl C0.62040.01819177519002.114
Total 39.53285.17995847617-13628-0.2%

3.3. Insider Transactions

Insiders are holding 4.128% of the shares of Safety Insurance Group Inc.

DateOwnerTypeAmountPricePost Transaction AmountLink
2024-03-06Stephen Albert VargaSELL90079.35
2023-12-08Glenn HiltpoldSELL28378.88
2023-08-21Dennis J LangwellBUY100068.9
2023-08-08Glenn HiltpoldSELL12573.08
2023-07-19Corp SrbBUY3238467.24
2023-06-14Corp SrbBUY1433873.79
2023-06-05Corp SrbBUY2540073.72
2023-06-01Corp SrbBUY680072.78
2023-05-30Corp SrbBUY613573.08
2023-05-26Corp SrbBUY134871.87
2023-05-24Corp SrbBUY2665172.33
2023-05-23Peter J ManningSELL55073.43
2023-05-22Corp SrbBUY878972.8

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Safety Insurance Group Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--2.334-0.131+106%-1.797+177%0.365+539%0.232+907%
Book Value Per Share--54.37253.589+1%55.383-2%55.175-1%50.296+8%
Current Ratio--0.7397.608-90%24.164-97%8.414-91%6.118-88%
Debt To Asset Ratio--0.5910.605-2%0.582+1%0.589+0%0.599-1%
Debt To Equity Ratio--1.4431.532-6%1.396+3%1.440+0%1.502-4%
Dividend Per Share--0.8910.901-1%0.896-1%0.8920%0.807+10%
Eps--0.8290.319+160%0.785+6%1.441-42%1.142-27%
Free Cash Flow Per Share--2.3440.851+176%0.702+234%1.420+65%1.373+71%
Free Cash Flow To Equity Per Share--1.453-0.223+115%-0.357+125%0.389+274%0.459+216%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--59.896--------
Intrinsic Value_10Y_min--30.381--------
Intrinsic Value_1Y_max--5.573--------
Intrinsic Value_1Y_min--4.717--------
Intrinsic Value_3Y_max--17.072--------
Intrinsic Value_3Y_min--12.808--------
Intrinsic Value_5Y_max--28.965--------
Intrinsic Value_5Y_min--19.342--------
Market Cap1209525486.000+7%1124028882.0001073958639.000+5%1308223771.500-14%1242610416.601-10%1127078890.0290%
Net Profit Margin--0.0480.018+163%0.057-16%0.099-52%0.081-41%
Operating Margin--0.0010.003-56%0.074-98%0.121-99%0.102-99%
Operating Ratio--0.2750.279-2%0.134+105%0.670-59%1.250-78%
Pb Ratio1.504+7%1.3981.354+3%1.597-12%1.509-7%1.491-6%
Pe Ratio24.660+7%22.91736.390-37%37.431-39%12.592+82%8.907+157%
Price Per Share81.770+7%75.99072.605+5%88.443-14%82.741-8%74.857+2%
Price To Free Cash Flow Ratio8.722+7%8.105-118.748+1565%8.1390%-18.930+334%56.450-86%
Price To Total Gains Ratio25.359+7%23.566107.756-78%-26.404+212%37.233-37%28.716-18%
Quick Ratio--1.86567.696-97%43.660-96%39.657-95%43.030-96%
Return On Assets--0.0060.002+165%0.006+6%0.011-41%0.009-30%
Return On Equity--0.0150.006+156%0.014+7%0.026-41%0.022-31%
Total Gains Per Share--3.2250.770+319%-0.901+128%1.257+157%1.038+211%
Usd Book Value--804267000.000792672750.000+1%819218750.000-2%827678950.000-3%756624900.000+6%
Usd Book Value Change Per Share--2.334-0.131+106%-1.797+177%0.365+539%0.232+907%
Usd Book Value Per Share--54.37253.589+1%55.383-2%55.175-1%50.296+8%
Usd Dividend Per Share--0.8910.901-1%0.896-1%0.8920%0.807+10%
Usd Eps--0.8290.319+160%0.785+6%1.441-42%1.142-27%
Usd Free Cash Flow--34670000.00012582750.000+176%10385750.000+234%21370950.000+62%20714550.000+67%
Usd Free Cash Flow Per Share--2.3440.851+176%0.702+234%1.420+65%1.373+71%
Usd Free Cash Flow To Equity Per Share--1.453-0.223+115%-0.357+125%0.389+274%0.459+216%
Usd Market Cap1209525486.000+7%1124028882.0001073958639.000+5%1308223771.500-14%1242610416.601-10%1127078890.0290%
Usd Price Per Share81.770+7%75.99072.605+5%88.443-14%82.741-8%74.857+2%
Usd Profit--12262000.0004718750.000+160%11615750.000+6%21693000.000-43%17238200.000-29%
Usd Revenue--256185999.000231038499.750+11%196265250.000+31%214507549.950+19%208672149.975+23%
Usd Total Gains Per Share--3.2250.770+319%-0.901+128%1.257+157%1.038+211%
 EOD+4 -4MRQTTM+26 -9YOY+20 -155Y+13 -2210Y+21 -14

4.2. Fundamental Score

Let's check the fundamental score of Safety Insurance Group Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1524.660
Price to Book Ratio (EOD)Between0-11.504
Net Profit Margin (MRQ)Greater than00.048
Operating Margin (MRQ)Greater than00.001
Quick Ratio (MRQ)Greater than11.865
Current Ratio (MRQ)Greater than10.739
Debt to Asset Ratio (MRQ)Less than10.591
Debt to Equity Ratio (MRQ)Less than11.443
Return on Equity (MRQ)Greater than0.150.015
Return on Assets (MRQ)Greater than0.050.006
Total4/10 (40.0%)

4.3. Technical Score

Let's check the technical score of Safety Insurance Group Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.472
Ma 20Greater thanMa 5080.369
Ma 50Greater thanMa 10081.672
Ma 100Greater thanMa 20078.717
OpenGreater thanClose80.880
Total3/5 (60.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Other Current Liabilities  -83,59061,376-22,214-50,412-72,626-13,657-86,283501,240414,957
Net Working Capital  1,595,937-1,438,129157,80884,488242,29626,279268,575-399,164-130,589
Other Operating Expenses  191,76736,055227,822-20,364207,45816,594224,052-466,543-242,491



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets1,965,079
Total Liabilities1,160,812
Total Stockholder Equity804,267
 As reported
Total Liabilities 1,160,812
Total Stockholder Equity+ 804,267
Total Assets = 1,965,079

Assets

Total Assets1,965,079
Total Current Assets369,142
Long-term Assets1,595,937
Total Current Assets
Cash And Cash Equivalents 38,152
Short-term Investments 31,048
Net Receivables 383,186
Inventory -900,806
Other Current Assets 369,142
Total Current Assets  (as reported)369,142
Total Current Assets  (calculated)-79,278
+/- 448,420
Long-term Assets
Property Plant Equipment 31,476
Goodwill 17,093
Long Term Investments 1,459,360
Intangible Assets 7,551
Long-term Assets  (as reported)1,595,937
Long-term Assets  (calculated)1,515,480
+/- 80,457

Liabilities & Shareholders' Equity

Total Current Liabilities499,731
Long-term Liabilities661,081
Total Stockholder Equity804,267
Total Current Liabilities
Short-term Debt 4,598
Short Long Term Debt 30,000
Accounts payable 80,176
Other Current Liabilities 414,957
Total Current Liabilities  (as reported)499,731
Total Current Liabilities  (calculated)529,731
+/- 30,000
Long-term Liabilities
Capital Lease Obligations 19,756
Long-term Liabilities  (as reported)661,081
Long-term Liabilities  (calculated)19,756
+/- 641,325
Total Stockholder Equity
Common Stock179
Retained Earnings 781,192
Accumulated Other Comprehensive Income -53,191
Other Stockholders Equity 76,087
Total Stockholder Equity (as reported)804,267
Total Stockholder Equity (calculated)804,267
+/-0
Other
Capital Stock179
Cash and Short Term Investments 517,620
Common Stock Shares Outstanding 14,678
Liabilities and Stockholders Equity 1,965,079
Net Debt 11,604
Net Invested Capital 834,267
Net Working Capital -130,589
Short Long Term Debt Total 49,756



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-09-302003-06-302003-03-312002-12-312002-09-302002-06-302001-12-312001-09-302000-12-31
> Total Assets 
833,339
0
836,494
920,256
950,464
978,596
988,804
1,085,003
1,061,178
1,076,296
1,103,208
1,148,565
1,207,769
1,206,445
1,223,586
1,283,199
1,318,400
1,257,675
1,286,116
1,303,775
1,359,489
1,355,748
1,396,052
1,418,489
1,456,853
1,446,992
1,451,448
1,464,279
1,462,269
1,437,817
1,416,693
1,417,938
1,455,265
1,427,837
1,426,636
1,441,369
1,480,109
1,439,452
1,426,174
1,466,593
1,489,197
1,472,566
1,484,593
1,582,243
1,593,439
1,574,346
1,585,248
1,592,446
1,614,037
1,625,457
1,621,825
1,652,923
1,674,614
1,675,719
1,742,308
1,724,574
1,719,655
1,703,869
1,694,230
1,764,499
1,795,573
1,758,246
1,761,030
1,815,049
1,854,610
1,807,279
1,797,337
1,830,326
1,878,630
1,856,240
1,918,018
1,973,114
2,033,801
2,022,669
1,930,719
2,018,914
2,047,110
2,054,273
2,045,660
2,107,903
2,144,728
2,117,391
1,990,684
1,947,406
1,934,153
1,972,569
1,989,798
2,016,105
2,052,105
1,965,079
1,965,0792,052,1052,016,1051,989,7981,972,5691,934,1531,947,4061,990,6842,117,3912,144,7282,107,9032,045,6602,054,2732,047,1102,018,9141,930,7192,022,6692,033,8011,973,1141,918,0181,856,2401,878,6301,830,3261,797,3371,807,2791,854,6101,815,0491,761,0301,758,2461,795,5731,764,4991,694,2301,703,8691,719,6551,724,5741,742,3081,675,7191,674,6141,652,9231,621,8251,625,4571,614,0371,592,4461,585,2481,574,3461,593,4391,582,2431,484,5931,472,5661,489,1971,466,5931,426,1741,439,4521,480,1091,441,3691,426,6361,427,8371,455,2651,417,9381,416,6931,437,8171,462,2691,464,2791,451,4481,446,9921,456,8531,418,4891,396,0521,355,7481,359,4891,303,7751,286,1161,257,6751,318,4001,283,1991,223,5861,206,4451,207,7691,148,5651,103,2081,076,2961,061,1781,085,003988,804978,596950,464920,256836,4940833,339
   > Total Current Assets 
0
0
0
0
727,748
34,777
155,726
218,268
169
160,429
192
249
289
160,429
299
341
349
317,448
251
194
188
184,473
238
268
206,735
202,654
188,329
227,958
264,593
199,243
168,683
204,473
222,051
211,708
180,235
194,639
249,235
186,017
202,306
215,945
208,469
192,033
244,491
263,987
214,030
201,133
213,034
225,044
223,851
225,181
190,790
228,889
219,500
217,987
202,440
213,347
237,011
226,061
214,611
239,562
251,932
187,696
216,186
34,297
237,769
232,357
218,043
228,190
260,787
227,644
211,546
247,626
257,388
237,776
231,238
244,113
253,716
232,916
222,478
265,586
228,477
1,572,500
1,450,042
221,923
1,391,891
1,621,002
220,955
264,030
289,161
369,142
369,142289,161264,030220,9551,621,0021,391,891221,9231,450,0421,572,500228,477265,586222,478232,916253,716244,113231,238237,776257,388247,626211,546227,644260,787228,190218,043232,357237,76934,297216,186187,696251,932239,562214,611226,061237,011213,347202,440217,987219,500228,889190,790225,181223,851225,044213,034201,133214,030263,987244,491192,033208,469215,945202,306186,017249,235194,639180,235211,708222,051204,473168,683199,243264,593227,958188,329202,654206,735268238184,473188194251317,448349341299160,429289249192160,429169218,268155,72634,777727,7480000
       Cash And Cash Equivalents 
0
0
0
0
29,342
34,777
18,052
72,145
25,001
26,284
43,567
89,455
128,737
155,673
137,796
170,002
181,574
163,027
94,376
31,543
23,551
26,283
66,140
92,451
33,892
46,311
28,050
64,115
107,782
60,451
30,604
57,276
73,698
74,470
39,060
40,043
90,883
40,291
55,428
55,511
44,266
37,890
84,770
87,991
33,697
35,383
39,704
35,788
38,305
55,877
15,670
37,740
28,373
42,455
25,272
21,293
43,243
47,494
35,940
44,053
52,277
20,052
32,241
34,297
31,934
41,708
24,830
18,722
51,317
37,582
22,892
37,968
47,482
44,407
41,567
44,757
59,749
53,769
51,563
82,364
44,703
63,603
35,231
39,083
33,635
25,300
15,316
25,388
30,894
38,152
38,15230,89425,38815,31625,30033,63539,08335,23163,60344,70382,36451,56353,76959,74944,75741,56744,40747,48237,96822,89237,58251,31718,72224,83041,70831,93434,29732,24120,05252,27744,05335,94047,49443,24321,29325,27242,45528,37337,74015,67055,87738,30535,78839,70435,38333,69787,99184,77037,89044,26655,51155,42840,29190,88340,04339,06074,47073,69857,27630,60460,451107,78264,11528,05046,31133,89292,45166,14026,28323,55131,54394,376163,027181,574170,002137,796155,673128,73789,45543,56726,28425,00172,14518,05234,77729,3420000
       Short-term Investments 
0
0
0
0
566,121
603,886
0
0
0
0
0
0
0
664,596
672,530
675,842
696,930
714,543
804,458
860,459
915,193
940,605
919,728
885,953
986,981
1,009,005
1,027,096
987,874
946,379
82,928
67,972
1,004,091
1,036,624
1,028,205
1,061,981
1,041,821
1,051,697
2,817
3,348
5,818
7,783
7,701
16,314
14,511
16,567
1,165,553
1,142,406
1,118,028
1,124,982
1,104,957
1,125,506
1,111,248
1,129,860
1,135,451
1,132,872
1,080,165
1,071,167
1,081,637
1,091,263
1,112,277
1,152,283
1,154,269
1,139,788
1,148,659
1,177,631
1,172,026
1,155,123
1,145,335
1,131,133
1,161,862
1,173,384
1,178,251
1,207,829
1,228,040
1,165,455
1,219,714
1,225,157
1,257,094
1,237,628
1,235,680
1,277,402
1,218,279
1,136,073
1,072,246
1,039,102
1,050,155
1,048,528
1,017,546
1,005,225
31,048
31,0481,005,2251,017,5461,048,5281,050,1551,039,1021,072,2461,136,0731,218,2791,277,4021,235,6801,237,6281,257,0941,225,1571,219,7141,165,4551,228,0401,207,8291,178,2511,173,3841,161,8621,131,1331,145,3351,155,1231,172,0261,177,6311,148,6591,139,7881,154,2691,152,2831,112,2771,091,2631,081,6371,071,1671,080,1651,132,8721,135,4511,129,8601,111,2481,125,5061,104,9571,124,9821,118,0281,142,4061,165,55316,56714,51116,3147,7017,7835,8183,3482,8171,051,6971,041,8211,061,9811,028,2051,036,6241,004,09167,97282,928946,379987,8741,027,0961,009,005986,981885,953919,728940,605915,193860,459804,458714,543696,930675,842672,530664,5960000000603,886566,1210000
       Net Receivables 
0
0
0
0
244,322
231,098
246,360
257,674
245,211
256,671
267,267
262,486
265,433
253,598
267,726
275,357
270,055
254,039
250,157
256,864
259,922
284,759
298,923
307,625
310,869
282,498
282,828
163,843
156,811
138,792
138,079
147,197
148,353
137,238
141,175
177,209
161,047
150,787
163,366
182,828
176,366
162,549
163,711
177,851
184,750
230,909
234,451
259,273
259,798
236,267
248,409
263,141
261,079
243,044
322,025
348,783
334,662
303,557
297,824
317,551
315,548
308,022
307,613
337,771
347,986
300,798
311,244
335,526
335,529
313,190
328,814
353,340
363,155
329,847
326,114
334,686
320,492
300,480
297,709
307,316
301,404
290,618
278,738
299,136
319,154
299,801
319,214
366,573
403,112
383,186
383,186403,112366,573319,214299,801319,154299,136278,738290,618301,404307,316297,709300,480320,492334,686326,114329,847363,155353,340328,814313,190335,529335,526311,244300,798347,986337,771307,613308,022315,548317,551297,824303,557334,662348,783322,025243,044261,079263,141248,409236,267259,798259,273234,451230,909184,750177,851163,711162,549176,366182,828163,366150,787161,047177,209141,175137,238148,353147,197138,079138,792156,811163,843282,828282,498310,869307,625298,923284,759259,922256,864250,157254,039270,055275,357267,726253,598265,433262,486267,267256,671245,211257,674246,360231,098244,3220000
       Other Current Assets 
0
0
0
0
0
-231,098
-108,686
-111,551
-270,043
-122,526
-310,642
-351,692
-393,881
-248,842
-405,223
-445,018
-451,280
-99,618
-344,282
-288,213
-283,285
-126,569
-364,825
-399,808
-138,026
-126,155
-122,549
0
0
-82,928
-67,972
0
0
0
0
-22,613
-2,695
-5,061
-16,488
-22,394
-12,163
-8,406
-3,990
-1,855
-4,417
-1,230,712
-1,203,527
-1,188,045
-1,199,234
-1,171,920
-1,198,795
-1,183,240
-1,199,812
-1,202,963
-1,277,729
-1,236,894
-1,212,061
-1,206,627
-1,210,416
-1,234,319
-1,268,176
-1,294,647
-1,263,456
-1,486,430
-1,319,782
-1,282,175
-1,273,154
-1,271,393
-1,257,192
-1,284,990
-1,313,544
-1,321,933
-1,361,078
-1,364,518
-1,301,898
-1,355,044
-1,351,682
-1,378,427
-1,364,422
-1,359,774
119,806
116,302
107,035
-1,188,542
284,636
231,596
241,522
291,760
329,745
369,142
369,142329,745291,760241,522231,596284,636-1,188,542107,035116,302119,806-1,359,774-1,364,422-1,378,427-1,351,682-1,355,044-1,301,898-1,364,518-1,361,078-1,321,933-1,313,544-1,284,990-1,257,192-1,271,393-1,273,154-1,282,175-1,319,782-1,486,430-1,263,456-1,294,647-1,268,176-1,234,319-1,210,416-1,206,627-1,212,061-1,236,894-1,277,729-1,202,963-1,199,812-1,183,240-1,198,795-1,171,920-1,199,234-1,188,045-1,203,527-1,230,712-4,417-1,855-3,990-8,406-12,163-22,394-16,488-5,061-2,695-22,6130000-67,972-82,92800-122,549-126,155-138,026-399,808-364,825-126,569-283,285-288,213-344,282-99,618-451,280-445,018-405,223-248,842-393,881-351,692-310,642-122,526-270,043-111,551-108,686-231,09800000
   > Long-term Assets 
0
0
0
0
6,958
967
5,214
5,509
7,654
-1,942
6,804
15,078
11,293
12,679
17,322
14,943
18,825
18,120
22,117
24,694
17,909
16,868
16,176
21,132
17,170
13,388
11,847
19,029
24,359
18,986
13,456
10,582
1,780
8,335
5,798
2,624
4
3,643
4,595
190,063
179,650
171,785
174,780
180,446
185,112
184,860
184,739
202,863
207,842
197,700
205,319
207,694
209,874
201,471
285,446
304,444
292,486
268,365
259,662
276,395
269,115
269,992
272,911
291,307
305,330
267,867
282,687
298,963
302,315
295,242
346,379
351,454
367,317
341,938
342,257
341,214
40,890
48,611
29,801
40,488
38,874
1,533,781
1,421,299
27,151
1,289,252
69,359
17,717
66,781
66,228
1,595,937
1,595,93766,22866,78117,71769,3591,289,25227,1511,421,2991,533,78138,87440,48829,80148,61140,890341,214342,257341,938367,317351,454346,379295,242302,315298,963282,687267,867305,330291,307272,911269,992269,115276,395259,662268,365292,486304,444285,446201,471209,874207,694205,319197,700207,842202,863184,739184,860185,112180,446174,780171,785179,650190,0634,5953,64342,6245,7988,3351,78010,58213,45618,98624,35919,02911,84713,38817,17021,13216,17616,86817,90924,69422,11718,12018,82514,94317,32212,67911,29315,0786,804-1,9427,6545,5095,2149676,9580000
       Property Plant Equipment 
3,954
0
10
0
0
642
642
0
0
-11
0
0
0
973
0
0
0
1,041
0
0
0
1,196
0
0
0
8,076
0
0
0
11,360
0
0
0
8,998
0
0
0
8,865
0
0
0
9,964
0
0
0
9,095
9,095
0
0
10,664
10,664
0
0
8,285
8,285
0
0
8,418
0
0
0
8,946
0
0
0
9,867
0
0
0
15,584
36,992
36,116
35,758
33,998
34,256
33,092
32,004
31,000
29,801
28,573
27,313
27,115
26,527
25,348
24,183
23,336
22,214
21,734
20,586
31,476
31,47620,58621,73422,21423,33624,18325,34826,52727,11527,31328,57329,80131,00032,00433,09234,25633,99835,75836,11636,99215,5840009,8670008,9460008,418008,2858,2850010,66410,664009,0959,0950009,9640008,8650008,99800011,3600008,0760001,1960001,041000973000-1100642642001003,954
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
17,093
17,093
17,093
17,093
17,093
17,09317,09317,09317,09317,0930000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,070,143
1,109,698
1,118,917
1,074,916
1,148,467
1,204,389
1,198,940
1,197,562
1,174,905
1,192,595
1,212,905
1,235,991
1,226,153
1,255,217
1,266,556
1,264,482
1,216,118
1,199,552
1,218,365
1,229,331
1,257,011
1,284,128
1,289,364
1,281,492
1,296,035
1,321,185
1,315,931
1,306,639
1,312,020
1,324,665
1,341,774
1,369,543
1,374,034
1,409,096
1,442,955
1,357,224
1,433,587
1,460,000
1,507,587
1,506,002
1,468,794
1,596,348
1,483,224
1,486,232
1,410,577
1,372,139
1,290,310
1,294,400
1,373,545
1,228,377
1,459,360
1,459,3601,228,3771,373,5451,294,4001,290,3101,372,1391,410,5771,486,2321,483,2241,596,3481,468,7941,506,0021,507,5871,460,0001,433,5871,357,2241,442,9551,409,0961,374,0341,369,5431,341,7741,324,6651,312,0201,306,6391,315,9311,321,1851,296,0351,281,4921,289,3641,284,1281,257,0111,229,3311,218,3651,199,5521,216,1181,264,4821,266,5561,255,2171,226,1531,235,9911,212,9051,192,5951,174,9051,197,5621,198,9401,204,3891,148,4671,074,9161,118,9171,109,6981,070,143000000000000000000000000000000000000000
       Intangible Assets 
0
0
0
0
0
325
325
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
67,329
0
0
0
68,937
0
0
0
70,996
0
0
0
72,202
71,217
75,223
77,533
73,355
71,905
75,670
78,344
74,287
0
0
0
0
0
0
0
0
0
0
76,662
7,856
7,637
7,439
7,242
7,551
7,5517,2427,4397,6377,85676,662000000000074,28778,34475,67071,90573,35577,53375,22371,21772,20200070,99600068,93700067,329000000000000000000000000000000000000000000000032532500000
> Total Liabilities 
620,388
0
727,512
777,786
814,101
733,344
738,844
821,621
795,622
808,276
826,491
877,028
913,302
901,111
911,378
941,659
953,878
869,726
875,006
868,401
884,243
859,400
876,641
888,336
903,466
876,992
866,394
875,201
867,638
834,446
811,161
816,249
835,031
807,402
793,774
797,682
820,688
785,976
783,620
820,171
833,913
816,253
815,537
900,904
897,030
879,987
888,767
908,088
920,596
930,270
915,010
949,222
968,847
967,436
1,075,301
1,078,232
1,075,213
1,059,370
1,035,899
1,084,464
1,108,270
1,087,520
1,083,181
1,121,215
1,151,771
1,106,263
1,111,692
1,133,858
1,166,759
1,137,596
1,162,956
1,190,065
1,241,724
1,214,263
1,168,610
1,201,936
1,209,259
1,169,594
1,155,407
1,187,604
1,216,651
1,190,218
1,128,796
1,128,783
1,149,788
1,160,570
1,186,873
1,222,355
1,282,356
1,160,812
1,160,8121,282,3561,222,3551,186,8731,160,5701,149,7881,128,7831,128,7961,190,2181,216,6511,187,6041,155,4071,169,5941,209,2591,201,9361,168,6101,214,2631,241,7241,190,0651,162,9561,137,5961,166,7591,133,8581,111,6921,106,2631,151,7711,121,2151,083,1811,087,5201,108,2701,084,4641,035,8991,059,3701,075,2131,078,2321,075,301967,436968,847949,222915,010930,270920,596908,088888,767879,987897,030900,904815,537816,253833,913820,171783,620785,976820,688797,682793,774807,402835,031816,249811,161834,446867,638875,201866,394876,992903,466888,336876,641859,400884,243868,401875,006869,726953,878941,659911,378901,111913,302877,028826,491808,276795,622821,621738,844733,344814,101777,786727,5120620,388
   > Total Current Liabilities 
0
0
0
0
0
713,300
718,800
801,600
775,600
788,300
806,500
857,000
893,300
881,100
891,400
921,700
933,900
869,700
46
55
50
65,534
42
51
50,511
63,411
39,871
53,955
62,402
70,097
45,205
44,301
40,683
68,204
41,205
41,794
43,520
57,882
42,670
40,626
41,353
55,118
46,275
53,025
58,465
73,660
50,354
52,747
55,453
70,492
47,123
56,437
54,226
67,477
47,073
49,039
47,371
58,152
47,891
58,879
60,461
69,888
49,360
58,581
57,702
63,618
51,989
55,576
61,280
80,645
56,824
58,020
64,241
80,733
1,138,610
1,171,936
80,201
127,097
86,518
99,461
113,036
115,790
83,903
98,006
111,916
25,065
63,147
21,734
20,586
499,731
499,73120,58621,73463,14725,065111,91698,00683,903115,790113,03699,46186,518127,09780,2011,171,9361,138,61080,73364,24158,02056,82480,64561,28055,57651,98963,61857,70258,58149,36069,88860,46158,87947,89158,15247,37149,03947,07367,47754,22656,43747,12370,49255,45352,74750,35473,66058,46553,02546,27555,11841,35340,62642,67057,88243,52041,79441,20568,20440,68344,30145,20570,09762,40253,95539,87163,41150,511514265,534505546869,700933,900921,700891,400881,100893,300857,000806,500788,300775,600801,600718,800713,30000000
       Short-term Debt 
0
0
0
0
0
19,391
19,391
0
0
20,045
20,045
0
0
16,832
16,832
0
17,423
19,825
17,010
18,128
16,439
16,279
17,507
17,299
16,666
17,922
17,701
17,144
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
36,992
36,116
35,758
33,998
34,256
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
23,336
22,214
21,734
20,586
4,598
4,59820,58621,73422,21423,33630,00030,00030,00030,00030,00030,00030,00030,00030,00030,00034,25633,99835,75836,11636,99200000000000000000000000000000000000000000017,14417,70117,92216,66617,29917,50716,27916,43918,12817,01019,82517,423016,83216,8320020,04520,0450019,39119,39100000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
35,000
0
0
0
30,000
30,00000035,00030,00030,00030,00030,00030,00030,00030,00030,00030,00030,000000000000000000000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
73,348
0
67,957
21,150
29,222
88,702
39,676
94,354
60,570
82,835
47,836
58,239
80,894
40,175
37,914
56,630
79,676
44,372
53,002
75,782
86,588
76,513
18,671
29,334
64,649
49,903
39,956
53,736
64,075
59,402
39,480
45,231
14,397
4,674
5,068
8,412
10,954
5,571
4,594
7,296
10,964
5,338
4,973
10,335
14,877
72,514
50,995
60,535
68,920
73,602
54,494
65,643
71,602
73,516
54,656
62,010
69,353
65,269
58,179
74,939
84,775
80,307
54,876
71,479
80,303
74,502
70,731
75,630
91,671
84,116
72,814
78,039
94,616
87,927
58,357
72,312
90,650
87,722
45,469
69,461
83,036
85,790
53,903
68,006
81,916
85,319
63,147
72,626
86,283
80,176
80,17686,28372,62663,14785,31981,91668,00653,90385,79083,03669,46145,46987,72290,65072,31258,35787,92794,61678,03972,81484,11691,67175,63070,73174,50280,30371,47954,87680,30784,77574,93958,17965,26969,35362,01054,65673,51671,60265,64354,49473,60268,92060,53550,99572,51414,87710,3354,9735,33810,9647,2964,5945,57110,9548,4125,0684,67414,39745,23139,48059,40264,07553,73639,95649,90364,64929,33418,67176,51386,58875,78253,00244,37279,67656,63037,91440,17580,89458,23947,83682,83560,57094,35439,67688,70229,22221,15067,957073,348
       Other Current Liabilities 
0
0
2,650
0
0
693,909
718,800
707,246
775,600
768,255
758,664
857,000
812,406
824,093
853,486
865,070
836,801
805,503
-69,966
-18,073
-16,389
49,255
-36,136
-46,582
-30,804
-4,414
-17,786
-16,925
-1,673
10,695
45,205
44,301
26,286
63,530
36,137
33,382
32,566
52,311
38,076
33,330
30,389
49,780
41,302
42,690
43,588
1,146
-641
-7,788
-13,467
-3,110
-7,371
-9,206
-17,376
-6,039
-7,583
-12,971
-21,982
-7,117
-10,288
-16,060
-24,314
-10,419
-5,516
-12,898
-22,601
-10,884
-18,742
-20,054
-30,391
-3,471
-15,990
-20,019
-30,375
-7,194
1,080,253
1,069,624
-40,449
-8,236
4,994
-4,965
-2,643
413,487
405,447
421,455
-111,916
-83,590
-22,214
-72,626
-86,283
414,957
414,957-86,283-72,626-22,214-83,590-111,916421,455405,447413,487-2,643-4,9654,994-8,236-40,4491,069,6241,080,253-7,194-30,375-20,019-15,990-3,471-30,391-20,054-18,742-10,884-22,601-12,898-5,516-10,419-24,314-16,060-10,288-7,117-21,982-12,971-7,583-6,039-17,376-9,206-7,371-3,110-13,467-7,788-6411,14643,58842,69041,30249,78030,38933,33038,07652,31132,56633,38236,13763,53026,28644,30145,20510,695-1,673-16,925-17,786-4,414-30,804-46,582-36,13649,255-16,389-18,073-69,966805,503836,801865,070853,486824,093812,406857,000758,664768,255775,600707,246718,800693,909002,65000
   > Long-term Liabilities 
0
0
0
0
96,500
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
266
864,257
153
96
39
869,624
887,501
900,061
876,872
861,110
873,816
866,967
0
0
0
834,664
803,486
791,495
0
0
0
0
770,353
2,381
3,014
3,694
5,194
9,745
8,202
1,419
854,176
858,073
3,984
70
3,752
1,603
1,614
1,614
1,028,314
1,027,844
4,430
1,298
7,117
6,079
1,110
1,537
4,503
6,412
2,917
1,050,653
1,073,363
1,101,517
6,090
8,286
1,221
2,726
5,717
30,000
30,000
38,886
47,611
71,375
40,488
38,874
42,355
31,490
25,348
111,916
1,135,505
63,147
1,200,621
1,261,770
661,081
661,0811,261,7701,200,62163,1471,135,505111,91625,34831,49042,35538,87440,48871,37547,61138,88630,00030,0005,7172,7261,2218,2866,0901,101,5171,073,3631,050,6532,9176,4124,5031,5371,1106,0797,1171,2984,4301,027,8441,028,3141,6141,6141,6033,752703,984858,073854,1761,4198,2029,7455,1943,6943,0142,381770,3530000791,495803,486834,664000866,967873,816861,110876,872900,061887,501869,6243996153864,25726620,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00096,5000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
30,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000030,00000000000000000000000000000000000000000000000000000000000000000000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
-19,391
-19,391
0
0
-20,045
-20,045
0
0
-16,832
-16,832
0
-17,423
-19,825
-17,010
-18,128
-16,439
-16,279
-17,507
-17,299
-16,666
-17,922
-17,701
-17,144
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,092
2,004
1,000
-199
-1,427
-2,687
-2,885
-3,473
-4,652
-5,817
0
0
0
0
15,158
15,1580000-5,817-4,652-3,473-2,885-2,687-1,427-1991,0002,0043,09200000000000000000000000000000000000000000000000-17,144-17,701-17,922-16,666-17,299-17,507-16,279-16,439-18,128-17,010-19,825-17,4230-16,832-16,83200-20,045-20,04500-19,391-19,39100000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
770,353
777,892
761,135
769,262
795,259
820,367
803,697
817,273
854,176
858,073
850,435
863,592
886,231
911,372
895,103
1,027,114
1,028,314
1,027,844
997,041
985,827
1,018,492
1,041,046
1,014,041
1,021,305
1,047,871
1,079,209
1,038,457
1,050,653
1,073,363
1,101,517
1,054,454
1,095,301
1,124,361
1,171,338
1,127,153
1,077,813
1,099,554
1,087,142
1,035,353
1,034,347
1,056,218
1,079,810
1,051,903
1,026,319
1,038,928
1,057,380
0
1,088,621
1,127,798
0
0
001,127,7981,088,62101,057,3801,038,9281,026,3191,051,9031,079,8101,056,2181,034,3471,035,3531,087,1421,099,5541,077,8131,127,1531,171,3381,124,3611,095,3011,054,4541,101,5171,073,3631,050,6531,038,4571,079,2091,047,8711,021,3051,014,0411,041,0461,018,492985,827997,0411,027,8441,028,3141,027,114895,103911,372886,231863,592850,435858,073854,176817,273803,697820,367795,259769,262761,135777,892770,353000000000000000000000000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,381
3,014
3,694
5,194
9,745
8,202
5,732
0
0
0
0
3,752
1,603
1,614
0
0
0
0
1,298
7,117
6,079
0
0
4,503
6,412
2,917
0
0
0
0
0
1,221
2,726
5,717
0
4,413
8,886
17,611
11,574
11,915
11,561
15,240
4,963
0
0
0
0
0
0
0
00000004,96315,24011,56111,91511,57417,6118,8864,41305,7172,7261,221000002,9176,4124,503006,0797,1171,29800001,6141,6033,75200005,7328,2029,7455,1943,6943,0142,3810000000000000000000000000000000000000000
> Total Stockholder Equity
212,951
0
108,982
142,470
136,363
245,252
249,960
263,382
265,556
268,020
276,717
271,537
294,467
305,334
312,208
341,540
364,522
387,949
411,110
435,374
475,246
496,348
519,411
530,153
553,387
570,000
585,054
589,078
594,631
603,371
605,532
601,689
620,234
620,435
632,862
643,687
659,421
653,476
642,554
646,422
655,284
656,313
669,056
681,339
696,409
694,359
696,481
684,358
693,441
695,187
706,815
703,701
705,767
708,283
667,007
646,342
644,442
644,499
658,331
680,035
687,303
670,726
677,849
693,834
702,839
701,016
685,645
696,468
711,871
718,644
755,062
783,049
792,077
808,406
762,109
816,978
837,851
884,679
890,253
920,299
928,077
927,173
861,888
818,623
784,365
811,999
802,925
793,750
769,749
804,267
804,267769,749793,750802,925811,999784,365818,623861,888927,173928,077920,299890,253884,679837,851816,978762,109808,406792,077783,049755,062718,644711,871696,468685,645701,016702,839693,834677,849670,726687,303680,035658,331644,499644,442646,342667,007708,283705,767703,701706,815695,187693,441684,358696,481694,359696,409681,339669,056656,313655,284646,422642,554653,476659,421643,687632,862620,435620,234601,689605,532603,371594,631589,078585,054570,000553,387530,153519,411496,348475,246435,374411,110387,949364,522341,540312,208305,334294,467271,537276,717268,020265,556263,382249,960245,252136,363142,470108,9820212,951
   Common Stock
15
0
2
58
58
153
153
153
153
153
153
154
155
155
156
157
157
158
159
160
160
161
162
162
162
162
164
164
165
165
166
166
166
166
167
167
168
168
169
169
169
169
170
170
170
170
171
172
172
172
173
173
173
173
174
174
174
174
174
174
174
174
175
175
175
175
176
176
176
176
177
177
177
177
177
177
178
178
178
178
178
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179
179
179
179
179
179
179
17917917917917917917917917817817817817817817717717717717717717617617617617517517517517417417417417417417417417317317317317217217217117017017017016916916916916816816716716616616616616516516416416216216216216116016015915815715715615515515415315315315315315358582015
   Retained Earnings 
212,939
0
106,482
116,618
119,822
120,883
122,697
134,759
139,961
144,177
149,021
157,774
171,096
182,400
195,041
216,406
244,049
268,173
296,132
322,392
347,496
366,381
386,987
405,845
422,292
432,746
445,313
459,738
471,563
476,989
482,359
491,169
502,056
506,301
513,051
522,102
530,058
535,545
524,049
520,542
521,758
518,925
528,536
537,840
542,983
543,361
548,145
556,952
565,380
567,792
570,676
582,880
587,807
587,647
542,108
530,593
531,962
531,800
533,916
544,672
552,657
553,995
555,340
565,782
571,552
570,693
579,651
594,172
610,768
616,717
631,359
644,922
646,687
661,553
645,691
674,349
705,469
745,029
767,744
791,921
803,248
821,743
816,335
810,955
803,888
815,309
789,725
793,443
782,169
781,192
781,192782,169793,443789,725815,309803,888810,955816,335821,743803,248791,921767,744745,029705,469674,349645,691661,553646,687644,922631,359616,717610,768594,172579,651570,693571,552565,782555,340553,995552,657544,672533,916531,800531,962530,593542,108587,647587,807582,880570,676567,792565,380556,952548,145543,361542,983537,840528,536518,925521,758520,542524,049535,545530,058522,102513,051506,301502,056491,169482,359476,989471,563459,738445,313432,746422,292405,845386,987366,381347,496322,392296,132268,173244,049216,406195,041182,400171,096157,774149,021144,177139,961134,759122,697120,883119,822116,618106,4820212,939
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
154,991
156,079
157,167
158,991
160,116
161,726
163,041
165,074
167,757
169,154
170,391
171,989
173,177
174,302
175,583
176,597
177,565
178,716
179,896
181,173
182,278
183,397
184,549
186,071
187,262
188,576
189,714
191,328
192,495
193,991
196,292
198,014
199,644
200,836
202,321
204,064
206,130
208,113
209,779
211,638
213,079
214,576
216,070
218,152
219,453
220,755
0
223,304
224,476
0
0
00224,476223,3040220,755219,453218,152216,070214,576213,079211,638209,779208,113206,130204,064202,321200,836199,644198,014196,292193,991192,495191,328189,714188,576187,262186,071184,549183,397182,278181,173179,896178,716177,565176,597175,583174,302173,177171,989170,391169,154167,757165,074163,041161,726160,116158,991157,167156,079154,991000000000000000000000000000000000000000
   Treasury Stock000000000000000-94,227-83,835-83,835-83,835-83,835-83,835-83,835-83,835-83,835-83,835-83,835-83,835-83,835-83,835-83,835-83,835-83,835-83,835-83,835-83,835-83,835-83,835-83,835-83,835-60,368-60,368-60,368-60,368-55,569-55,569-55,569-55,569-55,569-55,569-55,569-55,526-55,526-55,526-55,526-55,526-49,712-49,712-49,712-39,948-21,630-7,516-4,029-4,029-4,029-1,585-1,58500000000000000000000000-5,817
   Other Stockholders Equity 
0
0
108,982
0
-8,290
100,080
127,110
128,470
125,442
88,640
127,543
113,609
123,216
122,779
116,011
117,977
119,316
120,618
121,819
125,822
126,590
129,806
131,262
132,146
131,933
133,092
131,577
133,176
134,903
133,217
120,007
102,354
94,012
94,968
96,644
91,418
93,195
95,763
98,336
99,711
100,357
101,219
103,350
104,329
106,256
107,828
109,165
107,234
108,889
110,223
111,966
89,648
90,787
91,463
92,725
93,575
95,306
96,525
97,241
98,189
99,472
100,557
102,334
103,877
105,112
106,148
107,818
109,120
109,927
112,751
114,526
115,950
117,213
118,676
110,241
100,452
84,204
85,945
87,804
89,245
90,742
80,673
68,152
69,453
70,755
77,049
78,304
74,183
75,008
76,087
76,08775,00874,18378,30477,04970,75569,45368,15280,67390,74289,24587,80485,94584,204100,452110,241118,676117,213115,950114,526112,751109,927109,120107,818106,148105,112103,877102,334100,55799,47298,18997,24196,52595,30693,57592,72591,46390,78789,648111,966110,223108,889107,234109,165107,828106,256104,329103,350101,219100,35799,71198,33695,76393,19591,41896,64494,96894,012102,354120,007133,217134,903133,176131,577133,092131,933132,146131,262129,806126,590125,822121,819120,618119,316117,977116,011122,779123,216113,609127,54388,640125,442128,470127,110100,080-8,2900108,98200



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue920,858
Cost of Revenue-0
Gross Profit920,858920,858
 
Operating Income (+$)
Gross Profit920,858
Operating Expense-264,379
Operating Income5,455656,479
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense264,3790
 
Net Interest Income (+$)
Interest Income55,127
Interest Expense-818
Other Finance Cost-55,138
Net Interest Income-829
 
Pretax Income (+$)
Operating Income5,455
Net Interest Income-829
Other Non-Operating Income Expenses0
Income Before Tax (EBT)18,880-13,425
EBIT - interestExpense = 4,637
24,420
19,693
Interest Expense818
Earnings Before Interest and Taxes (EBIT)5,45519,698
Earnings Before Interest and Taxes (EBITDA)14,111
 
After tax Income (+$)
Income Before Tax18,880
Tax Provision-9,199
Net Income From Continuing Ops31,2439,681
Net Income18,875
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses-906,681
Total Other Income/Expenses Net18,880829
 

Technical Analysis of Safety Insurance Group Inc
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Safety Insurance Group Inc. The general trend of Safety Insurance Group Inc is BULLISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Safety Insurance Group Inc's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (85.7%) Bearish trend (-85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Safety Insurance Group Inc.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 82.43 < 86.73 < 87.75.

The bearish price targets are: 78.22 > 76.89 > 71.20.

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Safety Insurance Group Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Safety Insurance Group Inc. The current mas is .

The long score for the Moving Averages is 13/14.
The longshort score for the Moving Averages is 12/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Safety Insurance Group Inc Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Safety Insurance Group Inc. The current macd is -0.16590694.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Safety Insurance Group Inc price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Safety Insurance Group Inc. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Safety Insurance Group Inc price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Safety Insurance Group Inc Daily Moving Average Convergence/Divergence (MACD) ChartSafety Insurance Group Inc Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Safety Insurance Group Inc. The current adx is 17.58.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Safety Insurance Group Inc shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Safety Insurance Group Inc Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Safety Insurance Group Inc. The current sar is 78.50.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Safety Insurance Group Inc Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Safety Insurance Group Inc. The current rsi is 53.47. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Safety Insurance Group Inc Daily Relative Strength Index (RSI) ChartSafety Insurance Group Inc Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Safety Insurance Group Inc. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 6/6.
The longshort score for the Stochastic Oscillator is 6/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Safety Insurance Group Inc price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Safety Insurance Group Inc Daily Stochastic Oscillator ChartSafety Insurance Group Inc Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Safety Insurance Group Inc. The current cci is 109.20.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Safety Insurance Group Inc Daily Commodity Channel Index (CCI) ChartSafety Insurance Group Inc Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Safety Insurance Group Inc. The current cmo is 14.04.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Safety Insurance Group Inc Daily Chande Momentum Oscillator (CMO) ChartSafety Insurance Group Inc Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Safety Insurance Group Inc. The current willr is -16.31644005.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Safety Insurance Group Inc Daily Williams %R ChartSafety Insurance Group Inc Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Safety Insurance Group Inc.

Safety Insurance Group Inc Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Safety Insurance Group Inc. The current atr is 1.51172479.

Safety Insurance Group Inc Daily Average True Range (ATR) ChartSafety Insurance Group Inc Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Safety Insurance Group Inc. The current obv is -1,614,579.

Safety Insurance Group Inc Daily On-Balance Volume (OBV) ChartSafety Insurance Group Inc Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Safety Insurance Group Inc. The current mfi is 54.34.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Safety Insurance Group Inc Daily Money Flow Index (MFI) ChartSafety Insurance Group Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Safety Insurance Group Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-03STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-06WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-07RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-11-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-10MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-14SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-20WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-22SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-27BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-01CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-06RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-11WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-13WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-15CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-29CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-02SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-12CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-16SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-17MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-18CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-26MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-31RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-02RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-02-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-08STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-09SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-01CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-13CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside

6.3. Candlestick Patterns

Safety Insurance Group Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Safety Insurance Group Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.472
Ma 20Greater thanMa 5080.369
Ma 50Greater thanMa 10081.672
Ma 100Greater thanMa 20078.717
OpenGreater thanClose80.880
Total3/5 (60.0%)
Penke

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