MARKET COMPOSITE
Reinsurance Carriers Stocks20-30-2024 21:30:00 PM
Price
$103.89
-1.88%
The list of companies include ESGR-Enstar Group Limited, GLRE-Greenlight Capital Re Ltd, MHLD-Maiden Holdings Ltd, OXBR-Oxbridge Re Holdings Ltd, RE-Everest Re Group Ltd, RGA-Reinsurance Group Of America, Inc., RNR-RenaissanceRe Holdings Ltd, SG-Sweetgreen Inc
* Latest intraday update before market close @ 20:45:45 PM 02/20/2024
Summary
:
Average return is down -2.0%
Median return is down -0.6%
3 out of 6 stocks are up (limited to those with intraday pricing feeds).
Top Movers
:
MHLD -8.0%SG -5.9%RNR -1.6%RGA + 0.3%GLRE + 0.5%

Aggregated price index with volume information

Summary:

  • Reinsurance Carriers stocks down 1.9% on average while median return down -0.0% in a day
  • Reinsurance Carriers stocks down 3.2% on average while median return down 0.8% in a week
  • Reinsurance Carriers stocks up 3.2% on average while median return up 6.1% 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
Ticker
1d
7d
30d
PE Ratio
PE/G
P/B (mrq)
P/S (ttm)
Earning Growth
MarketCap
Short %
Held By Institutions %
RSI
Price Pattern
Resist Support
Days Since Channel Change
Channel Slope (daily rate %)
ESGR2.6%
3.3%
6.8%
5.962.130.761.644.7B1%85%62-/\/2130.1%
GLRE0.6%
-0.8%
6.7%
4.710.670.57421.2M4%67%60\/\/2130.1%
RGA0.4%
0.7%
1.1%
12.0823.80.630.4911.2B1%96%54\/-/4250.1%
OXBR0.0%
1.0%
2.0%
1.899.806M1%4%49\152-0.2%
RNR-1.8%
-1.6%
6.1%
7.340.681.091.3811.4B2%98%54\/At resistance2130.0%
SG-6.1%
-7.4%
8.9%
-9.260.960.841.2B0%2%53/\-316-0.0%
MHLD-8.9%
-17.2%
-9.4%
8.291.531.95-56%156M1%44%37/\-213-0.1%
* 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.
Detail Performance Summary
  • 1M winners are : Winners for past month are $SG 8.9%, $ESGR 6.8%, $GLRE 6.7%
  • 1M losers are : Losers for past month are $MHLD -9.4%
  • 1W winners are : Winners for past week are $ESGR 3.3%, $OXBR 1.0%, $RGA 0.7%
  • 1W losers are : Losers for past week are $RNR -1.6%, $SG -7.4%, $MHLD -17.2%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 15.4%, for the past 3 months is 9.9%

In the past month for a 5 days rolling window, the highest corrrelation is 33.3%, the lowest correlation is -7.8%, the latest correlation is 20.9%

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 78.2% between ESGR and GLRE

The lowest correlation is -40.1% between RE and SG

Stock news

    Full year 2023 Net Income attributable to Enstar Ordinary Shareholders of $1.1 billion, Return on Equity of 24.2% and Growth in Book Value per Ordinary Share of 31.0% to $343.45 (Fully Diluted* $336.72) Fourth Quarter Net Income attributable to Enstar Ordinary Shareholders of $599 million and Return on Equity of 13.7%Closed Previously Announced Transaction with AIGRepurchased 841,735 Voting Ordinary Shares for $191 Million at a Significant Discount to Book Value Per Ordinary Share HAMILTON, Berm

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    Manulife Financial, Sun Life Financial, Reinsurance Group and Primerica have been highlighted in this Industry Outlook article.

    Redesigning and repricing of products and services and a rising rate environment are likely to help life insurers like MFC, SLF, RGA and PRI. These companies are also investing heavily in digitization.

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

    LIBRA Insurance Partners, the largest independently owned life insurance marketing organization (IMO) in the U.S., today announced a groundbreaking underwriting collaboration with DigitalOwl, the industry leader in applying artificial intelligence to medical record analysis, and Reinsurance Group of America, Incorporated (RGA), the only global reinsurer solely focused on life and health reinsurance solutions. Dedicated specifically to addressing inefficiencies in the informals submission process

    LOS ANGELES, February 06, 2024--Today, Sweetgreen announced the test of its first-ever steak option, available in 22 participating locations across Boston, MA. Debuting with three new chef-crafted menu items, Caramelized Garlic Steak will be featured in the Caramelized Garlic Steak protein plate, the Steakhouse Chopped bowl and the Kale Caesar (Steak) salad. Starting February 6, customers can experience the bold flavors of Caramelized Garlic Steak when ordering in-store, on the app or on the web

    HAMILTON, Bermuda, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) today announced that it will pay cash dividends on its Series D and Series E preference shares. Dividends on Enstar’s Series D 7.00% Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares of $0.43750 per depositary share (each of which represents a 1/1,000th interest in a Series D Preference Share) will be payable on March 1, 2024 to shareholders of record on February 15, 2024. Dividend