Market Composite

Property/Casualty Insurance Stocks$138.15

-0.01%4:00PM 07/30/2021

The list of companies include ACGL-Arch Capital Group Ltd, AFG-American Financial Group Inc, ALL-Allstate Corp (The), ARGO-Argo Group International Holdings Ltd, AXS-Axis Capital Holdings Ltd, CB-Chubb Limited, CINF-Cincinnati Financial Corp., CNFR-Conifer Holdings Inc, ERIE-Erie Indemnity Co., FNHC-FedNat Holding Co, GBLI-Global Indemnity Group LLC, GLRE-Greenlight Capital Re Ltd, HALL-Hallmark Financial Services, Inc, HCI-HCI Group Inc, HRTG-Heritage Insurance Holdings Inc., ICCH-ICC Holdings Inc, JRVR-James River Group Holdings Ltd, KFS-Kingsway Financial Services Inc., L-Loews Corp., LMND-Lemonade Inc, MCY-Mercury General Corp., MHLD-Maiden Holdings Ltd, NMIH-NMI Holdings Inc, NSEC-National Security Group, Inc., ORI-Old Republic International Corp., OXBR-Oxbridge Re Holdings Ltd, PGR-Progressive Corp., PLMR-Palomar Holdings Inc, PROS-Prosight Global Inc, PTVCA-Protective Insurance Corp.

Latest intraday update before market close @ 19:45:47 PM 07/30/2021

Summary :

Average return is up 0.1%

Median return is down 0.0%

23 out of 47 stocks are up (limited to those with intraday pricing feeds).

Top Movers : CB 0.9%, SIGI 1.0%, ARGO 1.0%, HRTG 1.1%, OXBR 1.3%, ACGL 1.4%, UVE 1.4%, SAFT 1.5%, AXS 1.7%, RE 2.1%, HCI 2.5%, UFCS 3.2%,

Aggregated price index

Aggregated price index with volume information

Summary:

Property/Casualty Insurance stocks down 0.0% on average while median return down -0.1% in a day
Property/Casualty Insurance stocks up 1.0% on average while median return up 0.7% in a week
Property/Casualty Insurance stocks up 2.3% 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%
RE	2.1%	4.1%	0.3%	12.01	0.15	0.98	0.92	1958%	12.6B	3%	97%	57	\-/	85	0.0%	8.9%	-2.2%
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%
AFGD	0.8%	0.2%	0.8%						10.9B			59	/\/	59	0.0%	1.4%	-0.3%
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%
OXBR	0.8%	6.4%	46.2%			1.89	9.80		21.9M	1%	4%	62	/	239	0.5%	15.6%	20.7%
KFS	0.7%	-3.5%	6.1%	-19.99			1.55		125.8M	0%	38%	56	/	84	0.1%	6.7%	1.3%
Y	0.7%	1.1%	-0.6%	13.58	0.19	1.05	0.90		9.2B	1%	88%	48	\/	85	0.1%	7.7%	-5.2%
AFGC	0.5%	1.1%	1.1%						10.9B			59	/\/	122	0.0%	1.5%	0.1%
NMIH	0.5%	4.7%	-2.0%		0.4	1.41	4.40	-9%	1.9B	3%	97%	51	\/-	85	-0.0%	13.3%	-4.6%
AFGB	0.4%	0.5%	-2.2%						10.8B			46
ACGLO	0.3%	1.0%	0.5%			0.87	1.68	204%	15.6B		30%	55	/\/\	53	-0.0%	1.1%	0.4%

* 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%, $OXBR 46.2%, $PLMR 7.9%, $HALL 7.2%, $CB 6.2%
1M losers are : Losers for past month are $UNAM -13.5%, $HRTG -14.5%, $LMND -20.4%, $UIHC -23.2%, $FNHC -39.0%
1W winners are : Winners for past week are $FNHC 7.7%, $UVE 7.1%, $OXBR 6.4%, $PLMR 6.2%, $NMIH 4.7%
1W losers are : Losers for past week are $GBLI -3.0%, $MHLD -3.2%, $KFS -3.5%, $UNAM -5.3%, $HALL -6.3%

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Correlation Analysis

Index correlation analysis

Correlation for the past month is 25.8%, for the past 3 months is 18.7%

In the past month for a 5 days rolling window, the highest corrrelation is 36.8%, the lowest correlation is 9.7%, the latest correlation is 10.7%

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 91.1% between CB and L

The lowest correlation is -61.5% between GBLI and MHLA