Aggregated price index with volume information
Summary:
- Insurance Brokers/Services stocks up 0.1% on average while median return up 0.0% in a day
- Insurance Brokers/Services stocks up 0.7% on average while median return up -1.0% in a week
- Insurance Brokers/Services stocks down 3.1% on average while median return down 6.6% 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.
- 1M winners are : Winners for past month are $ROOT 15.2%, $LMND 10.2%
- 1M losers are : Losers for past month are $CRVL -7.7%, $GOCO -9.0%, $GSHD -14.6%, $AON -14.6%, $SLQT -16.1%
- 1W winners are : Winners for past week are $ROOT 25.5%, $LMND 13.2%, $CRVL 1.9%, $ESGR 1.1%
- 1W losers are : Losers for past week are $BRP -3.3%, $GSHD -4.0%, $GOCO -4.7%, $SLQT -6.4%, $AON -8.1%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 18.0%, for the past 3 months is 14.7%
In the past month for a 5 days rolling window, the highest corrrelation is 28.7%, the lowest correlation is 3.8%, the latest correlation is 26.8%
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 AJG and BRO
The lowest correlation is -33.6% between BRO and TIG
Verisk Analytics' (VRSK) first-quarter fiscal 2024 revenues are likely to have benefitted from growth in subscription revenues.
The board of Aon plc ( NYSE:AON ) has announced that the dividend on 15th of May will be increased to $0.675, which...
Insights into Aon's Financial Performance and Strategic Moves in the First Quarter of 2024
April 26, 2024 - Aon plc (NYSE: AON) today reported results for the three months ended March 31, 2024.
Aon plc (NYSE: AON) ("Aon"), a leading global professional services firm, announced today (i) the expected early settlement date of April 26, 2024 (the "Early Settlement Date") for the previously announced cash tender offers (the "Offers") and related consent solicitations (the "Consent Solicitations") by Randolph Acquisition Corp., a wholly owned subsidiary of Aon (the "Offeror"), for any and all of the outstanding 6.875% Senior Notes due 2028 (the "Unsecured 2028 Notes"), 4.875% Senior Secured
Aon plc (NYSE: AON), a leading global professional services firm, announced today that it has completed the acquisition of NFP, a leading middle market property and casualty broker, benefits consultant, wealth manager and retirement plan advisor, from funds affiliated with NFP's main capital sponsor, Madison Dearborn Partners (MDP), and funds affiliated with HPS Investment Partners for an enterprise value of $13.0 billion, including $7.0 billion cash and assumed liabilities1 as well as $6.0 bill
New integrations are propelled by technology that will create a best-in-class marketplace of servicesFORT WORTH, Texas, April 23, 2024 (GLOBE NEWSWIRE) -- CorVel Corporation (NASDAQ: CRVL), a national provider of risk management solutions, is announcing upcoming innovations to its managed care service offerings. Over the past year, CorVel has invested substantially in advanced technologies, particularly Generative AI. As a result, CorVel is pleased to introduce a new hub platform to the carrier
AON's first-quarter results are likely to showcase a significant increase in Health Solutions revenues.
Chubb today announced a definitive agreement to acquire Healthy Paws, a U.S.-based managing general agent (MGA) specializing in pet insurance, from Aon plc (NYSE: AON), a leading global professional services firm. The transaction positions Chubb to expand in a niche market with substantial growth potential. Financial terms of the deal, which is expected to close in the second quarter, were not disclosed.
Aon plc (NYSE: AON) ("Aon"), a leading global professional services firm, announced today (i) the early tender results as of the previously announced early tender deadline of 5:00 p.m., New York City time, on April 15, 2024 (the "Early Tender Date") for the previously announced cash tender offers (the "Offers") and related consent solicitations (the "Consent Solicitations") by Randolph Acquisition Corp., a wholly owned subsidiary of Aon (the "Offeror"), for any and all of the outstanding 6.875%