Aggregated price index
Aggregated price index with volume information
Summary:
- Specialty Insurance stocks up 1.6% on average while median return up 1.7% in a day
- Specialty Insurance stocks down 0.4% on average while median return down -0.4% in a week
- Specialty Insurance stocks down 4.6% on average while median return down 6.4% 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 $AMBC 11.3%, $PRA 7.8%
- 1M losers are : Losers for past month are $MTG -7.1%, $MBI -7.7%, $FAF -9.3%, $FNF -10.9%, $COOP -11.6%
- 1W winners are : Winners for past week are $STC 3.7%, $PRA 2.7%, $RDN 2.3%, $MKL 2.2%, $COOP 1.6%
- 1W losers are : Losers for past week are $ITIC -2.4%, $AGO -3.0%, $TRUP -3.6%, $TIPT -5.7%, $MBI -7.3%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 59.5%, for the past 3 months is 42.3%
In the past month for a 5 days rolling window, the highest corrrelation is 77.2%, the lowest correlation is 31.8%, the latest correlation is 44.0%
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 95.7% between ESNT and RDN
The lowest correlation is -14.9% between COOP and IGIC
Stock news
BIRMINGHAM, Ala., July 01, 2022--ProAssurance Second Quarter 2022 Results Release and Teleconference
Let's see how Cincinnati Financial (CINF) or Markel (MKL) fare in terms of some of the key metrics.
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SANTA ANA, Calif., June 30, 2022--First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today released First American’s proprietary Potential Capitalization Rate (PCR) Model for the first quarter of 2022. The PCR Model estimates capitalization rates based on the historical relationship between interest rates, rental income, prevailing occupancy rates,
SANTA ANA, Calif., June 29, 2022--First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today released the April 2022 First American Real House Price Index (RHPI). The RHPI measures the price changes of single-family properties throughout the U.S. adjusted for the impact of income and interest rate changes on consumer house-buying power over time at na
SANTA CLARA, Calif., June 28, 2022--Archer Aviation Inc. (NYSE: ACHR) today announced that based on the recent successes seen in its Maker flight testing program, it is confident it will achieve its goal of flying full transition flights with Maker by year end. The work the team put in during the first half of this year to upgrade and test the aircraft’s Tilt Propeller System (TPS) is proving successful. Archer believes that its progress from first hover flight through full transition will be th
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Once the market trend turns and stock prices start to go down, value investors pounce. Let's go over what high-profile investors Joel Greenblatt, Glenn Greenberg, and Tom Gayner may like about the real estate stocks they've recently bought into: Howard Hughes Corp. (NYSE: HHC), D.R. Horton (NYSE: DHI), Lennar Corp (NYSE: LEN), and CoStar Group (NASDAQ: CSGP).