Aggregated price index
Aggregated price index with volume information
Summary:
- Direct Property and Casualty Insurance Carriers stocks up 1.3% on average while median return up 1.0% in a day
- Direct Property and Casualty Insurance Carriers stocks up 3.6% on average while median return up 3.0% in a week
- Direct Property and Casualty Insurance Carriers stocks up 5.2% on average while median return up 7.7% 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.
Click on + to show price series and click on ticker for stock detail page
* 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.
- 1M winners are : Winners for past month are $MCY 31.0%, $EIG 22.7%, $ACGL 20.4%, $FAF 17.3%, $HRTG 15.9%
- 1M losers are : Losers for past month are $NODK -4.2%, $UFCS -11.7%, $LMND -15.5%, $TIG -20.6%, $PLMR -26.2%
- 1W winners are : Winners for past week are $HRTG 20.0%, $TIG 17.5%, $STC 9.1%, $SAFT 5.9%, $WTM 5.9%
- 1W losers are : Losers for past week are $JRVR -1.5%, $NODK -1.9%, $UFCS -2.9%, $LMND -5.9%, $PLMR -7.0%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 18.1%, for the past 3 months is 24.8%
In the past month for a 5 days rolling window, the highest corrrelation is 36.7%, the lowest correlation is -0.9%, the latest correlation is 5.7%
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 84.7% between FAF and FNF
The lowest correlation is -47.6% between ALL and DGICB
Stock news
Kinsale Capital Group, Inc. (KNSL) is well positioned to outperform the market, as it exhibits above-average growth in financials.
BGS, FNF and AIZ have been added to the Zacks Rank #5 (Strong Sell) List on November 23, 2022.
Primerica's (PRI) board of directors approves $375 million to repurchase its common stock through the next year.
Looking at Donegal Group Inc.'s ( NASDAQ:DGIC.A ) insider transactions over the last year, we can see that insiders...
AXIS Capital (AXS) remains poised to grow on increases in lines of business, new business growth, continued strong retentions, accelerated digitalization and prudent capital deployment.
RLI stands to gain from compelling product portfolio, sustained rate increase, expanded distribution, operational strength and sufficient liquidity.
Segmental strength, a solid capital position and favorable growth estimates poise Everest Re (RE) well for growth.
A compelling portfolio, strong renewal retention, positive rate increases, strategic initiatives to fuel profitability and solid capital position continue to drive Chubb (CB).
Progressives (PGR) October earnings reflect higher revenues coupled partially offset by higher expenses.
Hallmark Financial's (HALL) Q3 results reflect a decline in the top line and higher expenses.