Published on 10 Apr 2024 on Simply Wall St. via Yahoo Finance
Shareholders in AMERISAFE (NASDAQ:AMSF) are in the red if they invested three years ago
Many investors define successful investing as beating the market average over the long term. But if you try your hand at stock picking, your risk returning less than the market. Unfortunately, that's been the case for longer term AMERISAFE, Inc. (NASDAQ:AMSF) shareholders, since the share price is down 26% in the last three years, falling well short of the market return of around 20%. Even worse, it's down 9.0% in about a month, which isn't fun at all.
Since shareholders are down over the longer term, lets look at the underlying fundamentals over the that time and see if they've been consistent with returns.
Check out our latest analysis for AMERISAFE