Market Composite

Direct Property and Casualty Insurance Carriers Stocks$130.06

-0.36%4:00PM 07/30/2021

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., DGICB-Donegal Group Inc., EIG-Employers Holdings Inc, ERIE-Erie Indemnity Co., FAF-First American Financial Corp, FNF-Fidelity National Financial Inc, FNHC-FedNat Holding Co, GBLI-Global Indemnity Group LLC, GTS-Triple-S Management Corp, 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

Latest intraday update before market close @ 19:45:43 PM 07/30/2021

Summary :

Average return is down -0.0%

Median return is down -0.0%

25 out of 52 stocks are up (limited to those with intraday pricing feeds).

Top Movers : PRA -2.3%, UIHC -2.1%, KNSL -2.1%, ALL -2.0%, LMND -1.4%, RLI -1.2%, GBLI -1.2%, ROOT -1.2%, STC -1.2%, JRVR -1.1%, KFS -0.9%, TIG -0.9%, MCY -0.8%,

Aggregated price index

Aggregated price index with volume information

Summary:

Direct Property and Casualty Insurance Carriers stocks down 0.4% on average while median return down 0.2% in a day
Direct Property and Casualty Insurance Carriers stocks up 1.2% on average while median return up 1.0% in a week
Direct Property and Casualty Insurance Carriers stocks up 0.5% on average while median return up -0.3% 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

Click on + to show price series and click on ticker for stock detail page

Ticker	1 Day Return	1 Week Return	1 Month Return	PE Ratio	PE/G	P/B (mrq)	P/S (ttm)	Earning Growth	MarketCap	Short %	Held By Institutions %	RSI	Price Pattern	Days Since Channel Change	Channel Slope (daily rate %)	Half Channel Bandwidth	Distance to Channel MidPoint %

FNHC	4.1%	7.7%	-39.0%		-0.12	0.46	0.19		42.4M	3%	50%	30
UFCS	3.1%	4.2%	-10.1%	-29.16	6.7	0.83	0.57		626M	2%	64%	44	\/\	85	-0.3%	12.8%	-0.5%
HCI	2.5%	4.2%	1.1%	32.73	0.85	3.53	2.51	1024%	852.4M	14%	62%	69	\/-/	85	0.4%	4.8%	2.9%
AXS	1.6%	3.6%	3.8%	16.2	0.62	0.87	0.81		4.3B	1%	96%	55	\-/-	85	-0.0%	10.6%	-1.6%
HRTG	1.5%	-1.6%	-14.5%			0.55	0.39		205.3M	2%	77%	30	\/\/\	85	-0.3%	10.5%	-3.3%
SIGI	1.4%	4.4%	0.2%	14.53	2.86	1.76	1.46	617%	4.9B	1%	82%	61	\/	85	0.1%	5.5%	1.2%
ACGL	1.3%	1.2%	0.2%	9.63	0.24	1.21	1.62	204%	15.7B	1%	99%	54	\-/	85	0.1%	10.8%	-3.8%
ARGO	1.3%	4.2%	0.6%	-142.55	2.62	1.08	0.91		1.8B	1%	94%	52	\/	85	0.1%	9.8%	-4.8%
SAFT	1.0%	1.6%	-2.1%	6.5	0.97	1.32	1.33		1.1B	2%	80%	47	\-/\	85	-0.1%	6.0%	-1.3%
UVE	0.9%	7.1%	2.0%	17.6		0.92	0.38	32%	442M	2%	69%	60	\-\-\	85	-0.1%	10.7%	3.6%
CB	0.8%	1.1%	6.2%	13.7	0.63	1.19	1.83	813%	75.9B	1%	90%	56	\/-	85	0.0%	7.7%	0.6%
FAF	0.7%	2.8%	8.0%	7.55	-3.27	1.37	0.88	270%	7.4B	3%	89%	66	\-/	168	0.2%	7.3%	1.4%
KFS	0.7%	-3.5%	6.1%	-19.99			1.55		125.8M	0%	38%	56	/	84	0.1%	6.7%	1.3%
DGICA	0.6%	1.6%	6.2%	7.58	1.31	0.85	0.58	182%	478.1M	1%	80%	55	\/	168	0.0%	4.3%	0.5%
EIG	0.5%	6.5%	-3.0%	6.92	1.89	0.99	1.57		1.2B	3%	81%	51	\/	168	0.2%	6.7%	-5.5%
GTS	0.5%	2.4%	9.3%	4.87		0.55	0.14		576.1M	3%	80%	60	\/\	85	-0.1%	7.0%	4.2%
ACGLO	0.3%	1.0%	0.5%			0.87	1.68	204%	15.6B		30%	55	/\/\	53	-0.0%	1.1%	0.4%
THG	0.3%	2.5%	0.2%	10.44	2.98	1.54	0.92		4.9B	1%	88%	52	\/	85	0.1%	7.0%	-4.0%
AMSF	0.2%	2.7%	-4.2%	11.66	2.03	2.56	3.33	79%	1.1B	1%	99%	43	\/\	85	-0.1%	7.1%	-4.4%
CNFRL	0.2%	-0.5%	-2.6%						26.9M			42

* 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 $STFC 192.1%, $MBI 18.6%, $GTS 9.3%, $KNSL 8.4%, $FAF 8.0%
1M losers are : Losers for past month are $HRTG -14.5%, $LMND -20.4%, $UIHC -23.2%, $ROOT -29.5%, $FNHC -39.0%
1W winners are : Winners for past week are $MBI 9.3%, $FNHC 7.7%, $UVE 7.1%, $EIG 6.5%, $PLMR 6.2%
1W losers are : Losers for past week are $IGIC -3.3%, $KFS -3.5%, $TIG -3.6%, $UNAM -5.3%, $IGICW -6.3%

Pick two stocks to compare:

CNA

Correlation Analysis

Index correlation analysis

Correlation for the past month is 27.6%, for the past 3 months is 22.2%

In the past month for a 5 days rolling window, the highest corrrelation is 39.6%, the lowest correlation is 6.7%, the latest correlation is 7.7%

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 93.4% between CB and CNA

The lowest correlation is -38.0% between ACGLO and ITIC