Aggregated price index
Aggregated price index with volume information
Summary:
- Property/Casualty Insurance stocks down 0.4% on average while median return down 0.4% in a day
- Property/Casualty Insurance stocks down 0.4% on average while median return down 0.3% in a week
- Property/Casualty Insurance stocks up 6.0% on average while median return up 3.2% 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.
* 20 days Price Zscore = (Today price - 20 days SMA price) / 20 days volatility. 50 days Price Zscore = (Today price - 50 days SMA price) / 50 days volatility.
* 12-26 Days Percentage Price Oscillator = (12 days EMA price - 26 days EMA price) / 26 days EMA price * 100
- 1M winners are : Winners for past month are $LMND 60.6%, $OXBR 50.9%, $CNFR 34.1%, $PLMR 30.4%, $UFCS 23.7%
- 1M losers are : Losers for past month are $PTVCB -1.9%, $ACGLO -2.6%, $RNR -3.5%, $NSEC -4.8%, $PROS -5.3%
- 1W winners are : Winners for past week are $OXBR 12.0%, $HALL 7.1%, $UFCS 6.9%, $CNFR 6.8%, $CINF 6.7%
- 1W losers are : Losers for past week are $ERIE -4.4%, $ACGL -4.8%, $LMND -8.1%, $KFS -9.2%, $JRVR -9.4%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 14.5%, for the past 3 months is 15.9%
In the past month for a 5 days rolling window, the highest corrrelation is 18.8%, the lowest correlation is 0.7%, the latest correlation is 3.3%
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 90.0% between CB and L
The lowest correlation is -67.5% between ICCH and MHLA
Stock news
RenaissanceRe Holdings Ltd.'s ( NYSE:RNR ) price-to-earnings (or "P/E") ratio of 13.4x might make it look like a buy...
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the "Company" or "RenaissanceRe") today announced it estimates that losses from weather-related catastrophe events and certain losses related to the COVID-19 pandemic will have a net negative impact on the Company’s fourth quarter 2020 results of operations. For the fourth quarter of 2020, the Company expects to report net income available to common shareholders; however, it expects to report an operating loss attributable to common shareholders.
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the "Company" or "RenaissanceRe") has announced three strategic focus areas as part of its Environmental, Social and Governance (ESG) strategy: Promoting Climate Resilience; Closing the Protection Gap; and Inducing Positive Societal Change.
GRAND CAYMAN, Cayman Islands, Jan. 12, 2021 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (Nasdaq: GLRE) (“Greenlight Re” or the “Company”), a specialist property and casualty reinsurance company headquartered in the Cayman Islands, has established May 4, 2021 as the date for its 2021 annual general meeting of shareholders (the “Annual Meeting”). The time and location of the Annual Meeting will be set forth in the Company’s proxy materials. Greenlight Re’s shareholders of record at the close ...
Exposure to severe cat loss and rising expenses make RenaissanceRe (RNR) an unattractive bet.
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
It looks like American Financial Group, Inc. ( NYSE:AFG ) is about to go ex-dividend in the next four days. If you...
Zacks Value Trader Highlights: Everest Re Group, KB Home, Manulife Financial, ODP Corp and Sanmina Corp