Aggregated price index with volume information
Summary:
- The momentum of the sector is very strong.
- Insurance Agencies and Brokerages stocks up 1.8% on average while median return up 1.9% in a day
- Insurance Agencies and Brokerages stocks up 11.5% on average while median return up 7.0% in a week
- Insurance Agencies and Brokerages stocks up 19.0% on average while median return up 13.6% 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.
- 1M winners are : Winners for past month are $GSHD 58.4%, $SLQT 53.9%, $GOCO 47.6%, $EHTH 15.3%
- 1M losers are : Losers for past month are $FANH -27.6%
- 1W winners are : Winners for past week are $GSHD 40.7%, $EHTH 17.3%, $SLQT 12.7%, $BRO 7.3%
- 1W losers are : Losers for past week are
Correlation Analysis
Index correlation analysis
Correlation for the past month is 24.3%, for the past 3 months is 20.2%
In the past month for a 5 days rolling window, the highest corrrelation is 57.0%, the lowest correlation is -3.6%, the latest correlation is 25.1%
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 75.5% between BRO and FANH
The lowest correlation is -3.4% between GSHD and MMC
AON's second-quarter results reflect elevated operating expenses, partly offset by strong revenue contributions of the Health Solutions and Wealth Solutions businesses.
Arthur J. Gallagher's (AJG) Q2 results reflect higher commissions, fees, supplemental revenues and adjusted EBITDAC margin expansion across the segments, partially offset by higher expenses.
Here is how Brown & Brown (BRO) and Iron Mountain (IRM) have performed compared to their sector so far this year.
Goosehead Insurance ( NASDAQ:GSHD ) Second Quarter 2024 Results Key Financial Results Revenue: US$78.1m (up 13% from 2Q...
The headline numbers for Arthur J. Gallagher (AJG) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Arthur J. Gallagher (AJG) delivered earnings and revenue surprises of 0.89% and 0.73%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?
ROLLING MEADOWS, Ill. AP) — Arthur J. Gallagher & Co. (AJG) on Thursday reported second-quarter net income of $283.4 million. On a per-share basis, the Rolling Meadows, Illinois-based company said it had net income of $1.27.
Arthur J. Gallagher & Co. (NYSE: AJG) today reported its financial results for the quarter ended June 30, 2024. Management will host a webcast conference call to discuss these results on Thursday, July 25, 2024 at 5:15 p.m. ET/4:15 p.m. CT. To listen to the call, and for printer-friendly formats of this release and the "CFO Commentary" and "Supplemental Quarterly Data," which may also be referenced during the call, please visit ajg.com/IR. These documents contain both GAAP and non-GAAP measures.
CHICAGO, July 25, 2024 (GLOBE NEWSWIRE) -- GoHealth, Inc. (GoHealth) (NASDAQ: GOCO), a leading health insurance marketplace and Medicare-focused digital health company, announced that the company will release its second quarter 2024 financial results on the morning of August 8, 2024. Chief Executive Officer, Vijay Kotte, and interim Chief Financial Officer, Katie O’Halloran, will host a conference call and live audio webcast on the day of the release at 8:00 a.m. (ET) to discuss the results. A l
GSHD earnings call for the period ending June 30, 2024.