Trean Insurance Group, Inc stock forecast: down to 6.05 USD TIG stock price prognosis

STOCK

Forecast for Fri 26 May 2023 price 6.00

Trean Insurance Group, Inc stock price forecast for further price development down to -1.12% (time horizon: 1 day) and price target of 6.05 USD. Short-term (time horizon: 2 weeks) Trean Insurance Group, Inc share price prediction for 2023-05-26 with daily closed price projections

Key Facts

Symbol TIG

ISIN US89457R1014

CUSIP 89457R101

Currency USD

Category Fire, Marine & Casualty Insurance

Forecast price change %

Finance numbers

Revenue 86,639,000.0

Earnings per share 0.20

On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

Summerized Form 10-K with GPT-2

Benchmark is now licensed in 49 states and has an "A" rating from A.M. Best. Differentiated in-house claims management. Maintaining our focus on long-term profitability and growth. We provide issuing carrier services across each of our insurance products. Our Investment Committee meets periodically and reports to our board of directors. We believe that our employee relationships are good. All states have adopted the NAIC's model law or a substantively similar law. We seek to implement our pricing accurately in accordance with our assumptions. Many of our contracts are written for a one-year term. We may not be able to obtain financing on terms acceptable to us, or at all. These same factors affect our ability to generate revenue and profits. The effects of emerging claim and coverage issues on our business are uncertain. We are subject to reinsurance counterparty credit risk. See "Item 7A — Quantitative and Qualitative Disclosures About Market Risk." Some of these competitors also have greater market recognition than we do. We anticipate that we will continue to rely on such third-party software in the future.

Summerized Form 10-K with GPT-2 https://www.sec.gov/Archives/edgar/data/1801754/000180175421000006/0001801754-21-000006.txt

Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

Meta analyst score 47.74/100

Good financial position.
Historical view, profit is growing.
Company revenue is growing faster compared with the industry.
Stock price is above book price value.

Institutional ownership list is based on filling form information

Holding name	Date	Amount
Crystalline Management Inc.	2022-12-31	60000
FNY Investment Advisers, LLC	2022-12-31	5554
JANUS HENDERSON GROUP PLC	2022-09-30	331490
Allspring Global Investments Holdings, LLC	2022-12-31	7754
STRS OHIO	2022-12-31	25200

Fund ownership list is based on filling form information

Fund name	Date	Amount	Profile
STATE STREET INSTITUTIONAL INVESTMENT TRUST	2022-12-31	6600	Long
TIAA-CREF Funds	2023-01-31	27625	Long
SCHWAB CAPITAL TRUST	2023-01-31	8248	Long
SCHWAB CAPITAL TRUST	2023-01-31	52209	Long
Fidelity Salem Street Trust	2023-01-31	188080	Long

Assets / Liabilities

Bollinger Bollinger Bands for Trean Insurance Group, Inc can provide the information where the market is moving based on price information.

Trean Insurance Group, Inc Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.

Converting prices to returns Trean Insurance Group, Inc.

On-Balance Volume information for Trean Insurance Group, Inc. On-Balance Volume information can be an indicator for bullish or bearish outcome.

Accumulation / Distribution (A/D) indicator information for Trean Insurance Group, Inc. The indicator identify divergences between price and volume flow.

Aroon Oscillator information for Trean Insurance Group, Inc. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.

Average Directional Index (ADX) information for Trean Insurance Group, Inc. The index can be used to identify the strengh of a trend.

Moving Average Convergence Divergence (MACD) for Trean Insurance Group, Inc. The indicator helps to predict trend direction and the momentum of the trend.

Stochastic Oscillator as momentum indicator for Trean Insurance Group, Inc. The indicator is useful for identifying overbought and oversold levels.

Relative Strength Index (RSI) for Trean Insurance Group, Inc. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].

52W High	52W Low	Market Cap

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Figure below show the stock predictions.

Date	Closing price	Prediction was updated
2023-04-28	6.05	2023-04-01 03:31
2023-05-01	6.05	2023-04-01 03:31
2023-05-08	6.04	2023-04-01 03:31
2023-05-09	6.03	2023-04-01 03:31
2023-05-10	6.03	2023-04-01 03:31
2023-05-03	6.04	2023-04-01 03:31
2023-05-04	6.04	2023-04-01 03:31
2023-05-05	6.04	2023-04-01 03:31
2023-05-11	6.03	2023-04-01 03:31
2023-05-12	6.03	2023-04-01 03:31
2023-05-15	6.02	2023-04-01 03:31
2023-05-16	6.02	2023-04-01 03:31
2023-05-17	6.02	2023-04-01 03:31
2023-05-18	6.02	2023-04-01 03:31
2023-05-19	6.01	2023-04-01 03:31
2023-05-22	6.01	2023-04-01 03:31
2023-05-23	6.01	2023-04-01 03:31
2023-05-02	6.05	2023-04-01 03:31
2023-05-24	6.00	2023-04-01 03:31
2023-05-26	6.00	2023-04-01 03:31
2023-05-25	6.00	2023-04-01 03:31
2023-04-03	6.12	2023-04-01 03:31
2023-04-04	6.11	2023-04-01 03:31
2023-04-05	6.11	2023-04-01 03:31
2023-04-06	6.11	2023-04-01 03:31
2023-04-07	6.10	2023-04-01 03:31
2023-04-10	6.10	2023-04-01 03:31
2023-04-11	6.10	2023-04-01 03:31
2023-04-12	6.09	2023-04-01 03:31
2023-04-13	6.09	2023-04-01 03:31
2023-04-14	6.08	2023-04-01 03:31
2023-04-17	6.08	2023-04-01 03:31
2023-04-18	6.08	2023-04-01 03:31
2023-04-19	6.07	2023-04-01 03:31
2023-04-20	6.07	2023-04-01 03:31
2023-04-21	6.07	2023-04-01 03:31
2023-04-24	6.06	2023-04-01 03:31
2023-04-25	6.06	2023-04-01 03:31
2023-04-26	6.06	2023-04-01 03:31
2023-04-27	6.05	2023-04-01 03:31

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.