Aggregated price index
Aggregated price index with volume information
Summary:
- Property/Casualty Insurance stocks down 0.1% on average while median return down -0.0% in a day
- Property/Casualty Insurance stocks down 0.6% on average while median return down -0.5% in a week
- Property/Casualty Insurance stocks up 2.3% on average while median return up 3.0% 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 $NMIH 21.8%, $UVE 13.5%, $JRVR 11.1%, $AXS 9.6%, $ALL 9.3%
- 1M losers are : Losers for past month are $FNHC -7.5%, $OXBR -17.3%, $PLMR -18.6%, $LMND -19.8%, $HCI -24.7%
- 1W winners are : Winners for past week are $NMIH 6.8%, $UVE 5.7%, $ACGL 5.2%, $RE 4.0%, $GBLI 3.5%
- 1W losers are : Losers for past week are $ERIE -5.9%, $OXBR -6.6%, $FNHC -10.0%, $PLMR -12.6%, $HCI -14.3%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 19.0%, for the past 3 months is 20.3%
In the past month for a 5 days rolling window, the highest corrrelation is 41.1%, the lowest correlation is 1.3%, the latest correlation is 4.9%
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 89.4% between CB and CINF
The lowest correlation is -53.2% between CNFR and ICCH
Stock news
First American Financial (FAF) agrees to acquire Mother Lode Holding Company to widen its exposure in the growth markets and enhance its title insurance business.
CINCINNATI, January 10, 2022--American Financial Group (NYSE: AFG) announces the retirement of David (Dave) P. Faeth, Assistant Vice President, effective May 2022 after 36 years of service with the company.
Lincoln National (LNC) is well-poised for growth driven by improving revenues, diversified product suite and tactical capital deployment.
Loews' (NYSE:L) stock is up by 7.0% over the past three months. However, we decided to study the company's mixed-bag of...
American Financial Group, Inc. ( NYSE:AFG ) stock is about to trade ex-dividend in 4 days. Typically, the ex-dividend...
Lincoln National (LNC) launches a retirement plan website to help participants track their retirement income and facilitate them with new tools to help them reach their goals.
Let's see how P&C insurers American Financial (AFG) and CNA Financial (CNA) fare in terms of some of the key metrics.
The Lindner family and Great American Insurance are known for being tight-lipped about their investments in private companies, but one of their investments was recently disclosed in a regulatory filing submitted by a local company eyeing an IPO.
Solid underwriting results, strong rate increases and a solid balance sheet should continue to support Old Republic (ORI).
Investment company Park National Corp (Current Portfolio) buys Charles Schwab Corp, PayPal Holdings Inc, Halliburton Co, First Trust NASDAQ Rising Dividend Achievers ETF, AmerisourceBergen Corp, sells 3M Co, NextEra Energy Inc, AT&T Inc, CME Group Inc, Dollar General Corp during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Park National Corp .