MARKET COMPOSITE
Direct Property and Casualty Insurance Carriers Stocks19-30-2024 20:30:00 PM
Price
$138.89
+ 1.87%
The list of companies include ACGL-Arch Capital Group Ltd, AGO-Assured Guaranty Ltd, ALL-Allstate Corp (The), AMBC-AMBAC Financial Group Inc., AMSF-Amerisafe Inc, ARGO-Argo Group International Holdings Ltd, AXS-Axis Capital Holdings Ltd, CB-Chubb Limited, CINF-Cincinnati Financial Corp., CNA-CNA Financial Corp., CNFR-Conifer Holdings Inc, DGICA-Donegal Group Inc., EIG-Employers Holdings Inc, ERIE-Erie Indemnity Co., FAF-First American Financial Corp, FNF-Fidelity National Financial Inc, GBLI-Global Indemnity Group LLC, HCI-HCI Group Inc, HRTG-Heritage Insurance Holdings Inc., ICCH-ICC Holdings Inc, IGIC-International General Insurance Holdings Ltd, ITIC-Investors Title Co., JRVR-James River Group Holdings Ltd, KFS-Kingsway Financial Services Inc., KINS-Kingstone Cos. Inc, KNSL-Kinsale Capital Group Inc, LMND-Lemonade Inc, MBI-MBIA Inc., MCY-Mercury General Corp., MKL-Markel Corp
* Latest intraday update before market close @ 19:45:44 PM 04/19/2024
Summary
:
Average return is up 1.7%
Median return is up 1.8%
38 out of 43 stocks are up (limited to those with intraday pricing feeds).
Top Movers
:
ORI + 2.3%ALL + 2.4%EIG + 2.6%NODK + 2.6%CNA + 2.7%THG + 2.9%UFCS + 3.0%AMBC + 3.0%UVE + 3.3%SAFT + 3.6%ITIC + 3.7%

Aggregated price index with volume information

Summary:

  • Direct Property and Casualty Insurance Carriers stocks up 1.9% on average while median return up 2.0% in a day
  • Direct Property and Casualty Insurance Carriers stocks up 1.4% on average while median return up 1.7% in a week
  • Direct Property and Casualty Insurance Carriers stocks up 1.0% on average while median return up -0.5% in a month
  • When average return is significantly different from median return, this implies an asymmetry - composite return is driven by some outliners.

Aggregated price index (close) is based on equal weighted constituencies returns. Average short volume and average total volumes are averaged across all volume data among constituencies.

Related Stocks
Ticker
1d
7d
30d
PE Ratio
PE/G
P/B (mrq)
P/S (ttm)
Earning Growth
MarketCap
Short %
Held By Institutions %
RSI
Price Pattern
Resist Support
Days Since Channel Change
Channel Slope (daily rate %)
SAFT3.9%
5.0%
1.4%
64.010.971.321.331.2B2%80%58\/Below support560.0%
ITIC3.6%
3.3%
-0.2%
1.521.16305.1M1%48%57\/\/1070.1%
UFCS3.5%
4.7%
3.7%
-19.296.70.830.57575.4M2%64%61\/\439-0.1%
NODK3.3%
2.7%
-1.4%
1.241.31311.1M1%26%59\-\/900.2%
UVE3.3%
4.1%
-0.5%
8.840.920.3832%568.4M2%69%55\-\/4390.1%
THG3.0%
2.1%
3.8%
134.062.981.540.924.7B1%88%53\/-\/2200.0%
EIG2.9%
4.1%
0.1%
9.971.890.991.571.1B3%81%57\/-/2200.0%
AMBC2.8%
-3.7%
-4.9%
167.64-1.710.674.39651.2M10%84%40\/\/2200.0%
DGICA2.8%
5.3%
0.6%
101.081.310.850.58182%463.3M1%80%57/\At support256-0.0%
WTM2.8%
6.1%
-2.8%
9.020.892.444.6B1%90%59-/1660.1%
CNA2.5%
2.5%
0.3%
10.032.41.001.0612B2%100%55\/\/2200.1%
FNF2.5%
0.3%
-4.4%
25.531.011.541.0213.3B1%82%44\/Below support1190.2%
FAF2.4%
-0.8%
0.2%
27.33-3.271.370.88270%5.9B3%89%46\/\-/2200.0%
KFS2.4%
4.7%
0.5%
9.721.55242.7M0%38%55\/\/1330.1%
PGR2.4%
5.3%
4.4%
32.63-1.783.111.21114%125.7B1%84%69/-/Above resistance2200.2%
PRA2.4%
1.0%
7.7%
-18.313.650.951.40682.5M3%86%58\/\439-0.1%
ALL2.3%
3.7%
7.3%
-144.1320.541.330.8348%45.5B2%79%62\/-\/At resistance2200.2%
RLI2.3%
2.2%
-3.5%
21.213.883.973.986.4B3%87%45/2200.0%
ORI2.2%
1.4%
-0.4%
14.171.041.130.858.2B2%77%52\/\/2200.1%
STC2.2%
0.9%
-1.2%
54.521.721.420.58948%1.7B3%95%47/\/2200.3%
* P/E and MarketCap are refreshed daily using IEX Cloud service. P/B, P/S, PEG, growth, short%, HelbyInstitute are refreshed weekly using Yahoo feeds. For latest stock stats please visit Yahoo Finance.
* Price Patter: / is upward trend, \ is downward trend, - is sideway. Click on the ticker to go to stock page to see Bayesian Trend model plot of the time series.
* Channel and change points are derived from Bayesian Trend model, where the channel slope is the growth rate while change points are those the model partition the time series.
Detail Performance Summary
  • 1M winners are : Winners for past month are $JRVR 14.5%, $GBLI 12.1%, $MCY 12.0%, $PRA 7.7%, $ALL 7.3%
  • 1M losers are : Losers for past month are $LMND -5.3%, $ERIE -6.1%, $MBI -8.1%, $KNSL -12.3%, $AGO -16.5%
  • 1W winners are : Winners for past week are $JRVR 10.4%, $AMSF 6.5%, $PLMR 6.5%, $WTM 6.1%, $MCY 5.4%
  • 1W losers are : Losers for past week are $AGO -2.4%, $TRV -3.2%, $AMBC -3.7%, $LMND -5.5%, $ROOT -23.0%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 21.0%, for the past 3 months is 14.5%

In the past month for a 5 days rolling window, the highest corrrelation is 42.6%, the lowest correlation is 4.4%, the latest correlation is 42.6%

When a correlation deviated from the normal level and goes lower or even negative, it indicates some of stocks have deviated from the normal direction of the group. The deviation could reverse if long term level of correlation was at a higher level. It creates trading opportunities and deserves study whether the deviation is idiosyncratic or systematic.

Among pairwise correlation, the highest correlation is 91.1% between FAF and FNF

The lowest correlation is -55.7% between ACGL and ICCH

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