Aggregated price index
Aggregated price index with volume information
Summary:
- Specialty Insurance stocks down 0.1% on average while median return down -0.0% in a day
- Specialty Insurance stocks up 1.9% on average while median return up 2.9% in a week
- Specialty Insurance stocks up 7.8% on average while median return up 4.9% 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 $MBI 36.5%, $MTG 16.5%, $AGO 16.4%, $RDN 15.4%, $ESNT 11.6%
- 1M losers are : Losers for past month are $IGIC -0.1%, $TRUP -18.5%
- 1W winners are : Winners for past week are $COOP 6.0%, $MTG 5.4%, $FNF 4.9%, $RDN 4.6%, $AMBC 3.8%
- 1W losers are : Losers for past week are $STC -0.2%, $ITIC -0.4%, $AIZ -2.4%, $TRUP -8.0%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 30.4%, for the past 3 months is 30.7%
In the past month for a 5 days rolling window, the highest corrrelation is 69.4%, the lowest correlation is -1.2%, the latest correlation is -0.9%
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 89.5% between ESNT and MTG
The lowest correlation is -34.8% between ATH and FAF
Stock news
Agent-centered business model, improving premium, industry-leading margins, and solid capital position continue to drive Cincinnati Financial (CINF).
New business growth, strong renewal retention and effective capital deployment continue to drive Chubb Limited (CB).
NEW YORK, January 12, 2022--CPR by Assurant (CPR), the nation’s largest mobile repair franchise according to Franchise.com, was ranked first in the 2022 Entrepreneur Franchise 500 for electronics repair. The 43rd annual Entrepreneur 500, the world’s most comprehensive franchise ranking, reflects an analysis of over 150 data points including size and growth, support, brand power, financial strength and stability, and costs and fees.
NEW YORK, January 11, 2022--Assurant, Inc. (NYSE: AIZ), a leading global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases, announced today that its Board of Directors declared a quarterly dividend of $0.68 per share of common stock. The dividend will be payable on March 21, 2022 to stockholders of record as of the close of business on February 28, 2022.
NEW YORK, January 11, 2022--Tiptree Inc. (NASDAQ: TIPT) announced the income tax treatment of its 2021 common stock distribution payments. Total 2021 distributions to common stockholders were $0.16 per share and are considered return of capital, as set forth below.
NEW YORK, January 10, 2022--Assurant, Inc. (NYSE: AIZ), a leading global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases, will release fourth quarter and full-year 2021 financial results on Tuesday, February 8, 2022, after the market closes. The news release will be available on Assurant's website at www.assurant.com. In conjunction with the earnings release, Assurant will host a conference call the following morning, Wednesday, February 9,
Assurant (AIZ) teams up with Telefonica to enhance its trade-in platform and widen its geographical footprint.
NEW YORK, January 06, 2022--Assurant (NYSE:AIZ), a leading global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases, today announced the expansion of its partnership with the Telefonica Group to provide a comprehensive trade-in program, which will include on-device app and web browser based diagnostics, trade-in services, and device pricing analytics across all their distribution channels — owned stores, dealers, online channel and third-party
Arthur J. Gallagher & Co.'s (AJG) buyout of Risk Transfer Insurance is likely to help the acquirer strengthen its presence in the growing PEO industry.